489 Lakeshore Road, Oakville, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Morrison. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $23,980,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 8 Bathrooms with 3 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 152 x 288 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Central Vacuum, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
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.
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Key Features
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Additional Details
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Level
- Wooded/Treed
Interior Features
- Auto Garage Door Remote
- Central Vacuum
- Storage
Security Features
None listed
Community Features
None listed
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Frequently Asked Questions about 489 Lakeshore Road, Oakville, ON
Q.What is the asking price for 489 Lakeshore Road, Oakville, ON ?
The current listing price for 489 Lakeshore Road, Oakville, ON in Morrison, Oakville is $23,980,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 8 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 489 Lakeshore Road, Oakville, ON ?
489 Lakeshore Road, Oakville, ON is a Detached (2-Storey) featuring a Finished, Full basement.
Q.What key property features does 489 Lakeshore Road, Oakville, ON offer?
Key property features include: Level, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Central Vacuum, Storage.
Q.Is parking available at this property?
Yes, this property offers parking space for 12.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Morrison, Oakville
2 assaults (22.2/100k)
4 B&E (44.4/100k)
6 thefts (66.7/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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Property History
No historical data available for this property.
This could be the first listing for this address.
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Pricing & Value Insights
Data-driven valuation for 489 Lakeshore Road E, Oakville, ON L6J 1K4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oakville, ON
For a property listed at $23,980,000 in Oakville, the legal minimum down payment is $4,796,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $585,975 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $585,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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