489 Lakeshore Road
Oakville, ON
- 5 bed
- 8 bath
- approx. 5000 + sqft
- Detached
- 140 days on market
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.
Listing Details
- Taxes (2025)
- $130,416
- Listed
- April 17, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 6-15
- Construction
- Concrete
- Roof
- Flat
- Foundation
- Concrete Block
- Interior
- Auto Garage Door Remote, Central Vacuum, Storage
- Lot Size
- 152 x 288 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 4
- Total Parking
- 12
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Lakeshore Rd E. & Balsam Drive
- Zoning
- Residential
- Parcel Number
- 248100165
- Possession
- Other
- Occupancy
- Owner
Schools
Elementary
- New Central Public School0.1 km
Public · Halton DSB · 300 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 76% met the provincial standard
- St. Vincent Catholic Elementary School1.5 km
Catholic · Halton CDSB · 135 students
Grade 6 math: 55% met the provincial standard
- E J James Public School1.8 km
Public · Halton DSB · 340 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 79% met the provincial standard
Secondary
- Oakville Trafalgar High School2.3 km
Public · Halton DSB · 1225 students
Grade 10 literacy: 97% met the provincial standard
- St. Thomas Aquinas Catholic Secondary School2.4 km
Catholic · Halton CDSB · 1310 students
Grade 10 literacy: 89% met the provincial standard
- Thomas Merton Online Catholic School2.8 km
Catholic · Halton CDSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area L6J
- Population
- 24,420
- Private dwellings
- 8,656
- Median age
- 46.4
- Average household size
- 2.9
- Median household income
- $158,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Oakville · last 12 months
- Median sold price
- $1,250,000
- Homes sold
- 2,561
- Median days on market
- 25
- Sale-to-list price
- 96.5%
Based on 2,561 recorded sales of residential freehold properties in Oakville over the last 12 months.
Rooms
2 × 2-piece on Ground, 2 × 3-piece on Second, 4-piece on Second, 6-piece on Second, 2 × 3-piece on Basement
Second
- Bedroom 224'8" x 16'7"
- Bedroom 319'11" x 17'11"
- Bedroom 417'11" x 13'5"
- Laundry14'8" x 10'5"
- Primary Bedroom20'6" x 20'
- Sitting19' x 16'8"
Main
- Dining Room23'8" x 16'
- Family Room19'11" x 18'
- Kitchen20' x 18'4"
- Living Room32'4" x 20'
Listed by
ENGEL & VOLKERS TORONTO CENTRAL
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$4,796,000
Estimated Monthly Payment
$117,807
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $117,807/mo (20% down, 5.5%)
Taxes: $10,868/mo · Insurance: $5,995/mo
Estimates only. Consult a financial advisor.
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