49 Days on Market

489 Lakeshore Rd, Oakville, Ontario L6K 1G4

$27,850,000
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Detached
4 + 1
8
~5000+ sqft

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Highlights

Estimated Value$9,616,000*

Price/Sqft$2,785/sqft

Days On Market49 days

Est. Mortgage$119,604/mth

Tax Amount (2023)$113,541/yr

*Last updated on: 24/05/14

Description

Welcome to 489 Lakeshore Road East, a truly rare and 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 a Versace inspired indoor pool, built-in spa and gym, 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.


Property Details

Style2-Storey
View-
Age of property6-15
SqFt~5000+ SqFt
Lot Size43,776 SqFt(288 x 152)
Parking Spaces12
MLS ®NumberW8183300
Community NameSouthwest Oakville
Board NameTRREB

Features

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

Main Floor

Living

9.86 x 6.10

Fireplace / W/O To Garden

Kitchen

6.10 x 5.59

Breakfast Area / W/O To Garden

Dining

7.21 x 4.88

Family

6.07 x 5.49

Fireplace


Features

Lot size: 43,776 SqFt
Pool: Indoor

Parking

Garage spaces 4

Garage type Attached

Other parking spaces 8

Total parking spaces 12


Property History

Now
Listed for$27,850,000
49 days on market
history photo preview1
Mar 4, 2021
Sold for$•••,•••Listed for$21,999,000
189 days on market
history photo preview20
Jul 31, 2020
Listed for$21,999,000Expired
365 days on market
history photo preview20
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Property listed by ENGEL & VOLKERS TORONTO CITY, Brokerage

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Market DataFor the past 30 days in Southwest Oakville

Median Selling Price

$1,923,000

42.41% more than GTA:

$1,350,000

Median Bidding

Underbidding - Trending to buyer market

-$170,000

GTA median: -$9,900

Median Number of Sales

6 sales

3028 sales less than GTA:

3034 sales

Median Number of Days on Market

10 days

similar to GTA:

10 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget

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