489 Lakeshore Road, Oakville, ON

$23,980,000
MLS#:W13030806
5 beds
8 baths
5000 + sqft
12.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of 1011 - MO Morrison. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $23,980,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 8 Bathrooms with 3 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 152 x 288 ft lot
  • Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Storage
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 489 Lakeshore Road East, a truly exceptional estate crafted by the renowned Ferris Rafauli, nestled in the prestigious enclave of southeast Oakville along the serene shores of Lake Ontario. This rare one-acre property boasts a remarkable 18,000+ square foot steel-frame home, meticulously designed to showcase unparalleled craftsmanship and timeless elegance. Every detail of this exquisite residence speaks to a dedication to luxury living, from its concrete structure to its five bedrooms and eight baths, eight fireplaces, three kitchens, and elevator for seamless access to all levels. Indulge in the ultimate relaxation with amenities such as an indoor pool, built-in spa, dry sauna, and cabana with a full kitchen. The property also features a four-car garage, 600-amp electrical service, in-floor heating, and cutting-edge building operation systems, all complemented by award-winning landscaping that surrounds this magnificent estate. For the discerning buyer seeking the epitome of luxury living, 489 Lakeshore Road East offers an unparalleled opportunity to experience a lifestyle of opulence and refinement.

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Key Features

Bedrooms
5
Bathrooms
8
Kitchens
3
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionConcrete
Lot Size152 × 288 Feet
CountyHalton
Annual Tax$130,416
Legal DescriptionLot 40, Plan 1009 Oakville

Parking & Garage

Parking Spaces12.0
Garage Spaces12
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Level, Wooded/Treed

Community Features

Location

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489 Lakeshore Road, Oakville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 489 Lakeshore Road E, Oakville, ON L6J 1K4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$19,184,000
Monthly Mortgage$111,466
Property Tax (Est.)$10,868
Utilities & Maint.$350
Total Monthly Cost$122,684

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Oakville.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1011 Mo Morrison, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
52%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English22%
Canadian16%
Scottish16%
Irish15%

Local Schools Guide

Elementary Schools

Sunningdale
PublicOakville, Ontario, L6H 1T4
8.8
Abbey Lane
Public1160 Old Abbey Lane, Oakville, Ontario, L6M 1S4
7.5
Forest Trail
PublicForest Trail Place, Oakville, Ontario, L6M 2G3
10.0
Montclair
Public1285 Montclair Drive, Oakville, Ontario, L6H 1Z3
4.4
du Chêne
Public150 Ridge Drive, Oakville, Ontario, L6H 1B8
9.4

Secondary Schools

White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3
St. Ignatius of Loyola
Catholic1550 Nottinghill Gate, Oakville, Ontario, L6M 1X7
8.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied82%
Rented18%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.