For Sale

489 Lakeshore Road, Oakville, Ontario L6J 1K4

$24,980,000

489 Lakeshore Road, Oakville, Ontario L6J 1K4 is For Sale and has a listing price of 24,980,000. The property is located in the Oakville . It's been on the website for 122 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 8
    Bathrooms
  • Parking
  • MLS ID: W12057125
  • Office Name ENGEL & VOLKERS TORONTO CENTRAL
Property Description

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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: W12057125
  • Price: $24,980,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 288
  • Ref ID: W12057125
  • Approx Sqft: 5000 +
  • Dir / Cross St: Lakeshore Rd E. & Balsam Drive
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 6-15
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
04/02/2025 W12057125 $24,980,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oakville
  • $1,690,461 Average List Price
    based on 1 year
  • 1,067 New Listings
    based on 30 days
  • 56 Median Days on Market
    based on 1 year
  • List vs. Selling Price 203.06 % Up
  • Sold (12mo) 1,833
  • Rented (12mo) 2,263

  • 1 Month Change +0.1%
  • 3 Month Change -14.6%
  • 6 Month Change -10.1%
Walkscore
  • 78 Walk Score
    Very Walkable
  • 33 Transit Score
    Some Transit
  • 61 Bike Score
    Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 2
  • Heating System Y
  • Central Vac Y
  • Garage Type Attached
  • Parking Spaces: 12
  • Exterior Concrete
  • Kitchen 3
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 6
  • Washrooms Type 5 # Pcs: 3
  • Washrooms Type 2: 2
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 2
  • Taxes: $130,416
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 02/04/2025 17:23:11
Want to see this property?