Unknown for 489 Lakeshore Rd, Oakville Ontario L6J 1K4
3 days on Market

489 Lakeshore Rd, Oakville, Ontario L6J 1K4

Detached
4 + 1
8
~5000 + sqft
$24,980,000
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Detached
4 + 1
8
~5000 + sqft

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Highlights

Estimated ValueNot available

Price/Sqft$2,498/sqft

Est. Mortgage$107,278/mo

Tax Amount (2024)$118,823/yr

Days On Market3 days


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 16,000+ 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

Style2-Storey
View-
Age of property6-15
SqFt~5000 + SqFt
Lot Size43,776 SqFt(288 x 152)
Parking Spaces12
MLS ®NumberW12057125
Community NameOld Oakville
Data SourceTRREB
Listing byENGEL & VOLKERS TORONTO CENTRAL

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Finished, Full

2nd Floor

Primary

6.25 x 6.1

Fireplace / 6 Pc Ensuite / W/O To Terrace

Sitting

5.79 x 5.08

Fireplace / W/O To Terrace / Vaulted Ceiling

2nd Br

7.52 x 5.05

4 Pc Ensuite / W/O To Balcony / Large Window

3rd Br

6.07 x 5.46

3 Pc Ensuite / W/O To Balcony / Large Window


Features

Lot size: 43,776 SqFt
Pool: Indoor

Parking

Garage spaces 4

Garage type Attached

Other parking spaces 8

Total parking spaces 12


Property listed by ENGEL & VOLKERS TORONTO CENTRAL, Brokerage

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Market Data - Old Oakville

Geo Zone Map ThumbnailOld Oakville

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

13 days

2023

24 days

2022

38 days

New Listings

Past 30 days

25 listings

Compared to

2024

20 listings

2023

22 listings

2022

20 listings

Units sold

Past 30 days

7 units

Compared to

2024

9 units

2023

15 units

2022

11 units

Median Sold Price

Past 30 days

$2,200,000

Compared to

2024

$1,350,000

2023

$2,495,000

2022

$1,850,000


Population and Demographics

Overview

Total population 12340
Average household income $232,063

Age (%)

65 and plus
26%
50 to 64
22%
0 to 19
17%
20 to 34
17%
35 to 49
17%

Household composition (%)

Single family
57%
Single person
39%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
80%
Portuguese
2%
Arabic
2%
Mandarin
2%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Spanish
2%
French
2%
Polish
1%
Italian
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget