trreb/IMG-W8183300_1.jpg
228 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 ValueNot available

Price/Sqft$2,785/sqft

Est. Mortgage$119,604/mo

Tax Amount (2023)$113,541/yr

Days On Market228 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.


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

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
ListedFor Salefor$27,850,000Active
228 days on market
Listing by trreb®
history photo preview1
Mar 4, 2021
ListedFor Salefor$21,999,000Sold for$•••,•••
Stayed 189 days on market
Listing by trreb®
history photo preview20
Jul 31, 2020
ListedFor Salefor$21,999,000Expired
Stayed 365 days on market
Listing by trreb®
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

$2,313,000

83.53% more than GTA:

$1,260,000

Median Bidding

Underbidding - Trending to buyer market

-$117,000

GTA median: -$28,900

Median Number of Sales

16 sales

2941 sales less than GTA:

2957 sales

Median Number of Days on Market

25 days

5 days more than GTA:

20 days

Want more insights?Visit the Market Pulse


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