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489 Lakeshore Road Oakville ON

📍 Oakville, Ontario L6J 1K4

$23,980,000

Active
5BEDS
8BATHS
12PARKING
3KITCHENS
152×288LOT (FT)
6-15AGE

📋 Listing Highlights

StatusActive
MLS®W13030806
ListedApr 22, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetLakeshore Rd E. & Balsam Drive
PossessionTBD

📝 Listing 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 TypeResidential Freehold
StyleDetached
Bedrooms5
Bathrooms8
Kitchens3
Approx. Age6-15

📐 Lot & Land

Lot Width152 ft
Lot Depth288 ft
Cross StreetLakeshore Rd E. & Balsam Drive

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementFinished, Full
GarageAttached
Garage Spaces4
Parking12
ConstructionConcrete
RoofFlat

💰 Financial

List Price$23,980,000
Annual Taxes$130,416 (2025)
PossessionTBD

🧮 Mortgage Calculator

$4,796,000
Est. Monthly Payment
$117,807/mo
Principal: $19,184,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by ENGEL & VOLKERS TORONTO CENTRALData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #W13030806 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.