A pic from exterior of the house or condo, the front or back of building for 489 Lakeshore Rd, Oakville Ontario L6K 1G4
329 days on Market

489 Lakeshore Rd, Oakville, Ontario L6K 1G4

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

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Highlights

Estimated ValueNot available

Price/Sqft$2,785/sqft

Est. Mortgage$119,604/mo

Tax Amount (2023)$113,541/yr

Days On Market329 days


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. **EXTRAS** Schedule C to be provided with showing or by approved request.


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
Data SourceTRREB
Listing byENGEL & VOLKERS TORONTO CITY

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

Mar 30, 2024
ListedActive
$27,850,000
329 days on market
history photo preview9
Listing by trreb®
Property listed by ENGEL & VOLKERS TORONTO CITY, Brokerage

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Market Data - Southwest Oakville

Geo Zone Map ThumbnailSouthwest Oakville

Balanced Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2024

13 days

2023

23 days

2022

6 days

New Listings

Past 30 days

16 listings

Compared to

2024

12 listings

2023

8 listings

2022

1 listing

Units sold

Past 30 days

5 units

Compared to

2024

1 unit

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$2,220,000

Compared to

2024

$6,815,190

2023

$2,160,000

2022

$3,400,000


Population and Demographics

Overview

Total population 4054
Average household income $272,783

Age (%)

0 to 19
24%
50 to 64
24%
65 and plus
19%
35 to 49
18%
20 to 34
15%

Household composition (%)

Single family
79%
Single person
18%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
76%
Mandarin
5%
Others
4%
Arabic
3%
Italian
2%
Tagalog (Pilipino, Filipino)
2%
Portuguese
1%
Urdu
1%
French
1%

House tenancy (%)

Owners
85%
Renters
15%

Schools and amenities

Estimated Budget