489 Lakeshore Road E

1011 - MO Morrison, Oakville, L6J 1K4

$23,980,000

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  • 4+1 bedrooms
  • 8 bathrooms
  • 12 parking
  • 5000 + sq ft

Listed 181 days ago · MLS® W13030806

About this home

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.

Details

Type
Detached
Style
2-Storey
Age
6-15 years
Size
5000 + sq ft
Lot
152 × 288 ft
Basement
Finished, Full
Garage
Attached
Kitchens
3
Property tax
$130,416 (2025)
Neighbourhood
1011 - MO Morrison
Municipality
Oakville
Price per sq ft
~$4,796 (282% above detached houses in 1011 - MO Morrison, $1,254)

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
2 × 2-piece (ground), 2 × 3-piece (second), 1 × 4-piece (second), 1 × 6-piece (second), 2 × 3-piece (basement)
Rooms
22 above ground
Family room or den
Yes
Fireplace
Yes
Features
Auto Garage Door Remote, Central Vacuum, Storage

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Concrete
Roof
Flat
Foundation
Concrete Block
Age
6-15 years
Faces
North
Pool
Indoor

Parking

Garage spaces
4
Total parking
12
Driveway and parking
Circular Drive

Lot

Size
152 × 288 ft
Acreage
.50-1.99

More

Possession
TBD
Nearby
Level, Wooded/Treed
Cross street
Lakeshore Rd E. & Balsam Drive

Rooms

RoomLevelSizeFeatures
Living RoomMain9.86 × 6.1 m (32'4" × 20')Fireplace, W/O To Garden, Large Window
KitchenMain6.1 × 5.59 m (20' × 18'4")Breakfast Area, W/O To Garden, Breakfast Bar
Dining RoomMain7.21 × 4.88 m (23'8" × 16')Large Window, Wall Sconce Lighting, Double Doors
Family RoomMain6.07 × 5.49 m (19'11" × 18')Fireplace, Wall Sconce Lighting, Large Window
Primary BedroomSecond6.25 × 6.1 m (20'6" × 20')Fireplace, 6 Pc Ensuite, W/O To Terrace
SittingSecond5.79 × 5.08 m (19' × 16'8")Fireplace, W/O To Terrace, Vaulted Ceiling(s)
Bedroom 2Second7.52 × 5.05 m (24'8" × 16'7")4 Pc Ensuite, W/O To Balcony, Large Window
Bedroom 3Second6.07 × 5.46 m (19'11" × 17'11")3 Pc Ensuite, W/O To Balcony, Large Window
Bedroom 4Second5.46 × 4.09 m (17'11" × 13'5")W/O To Balcony, Large Window, Ensuite Bath
LaundrySecond4.47 × 3.18 m (14'8" × 10'5")B/I Shelves, Closet, Custom Counter

History of this address

12 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Bronte GO6.3 km

Within a 10-minute walk: 3 grocery stores, 32 cafés and restaurants, 6 parks, 3 pharmacies. Nearest grocery: Jubilee Market (500 m). Nearest park: Esplanade Park (450 m).

Schools nearby

Elementary

  • New Central Public School
    EQAO: Gr 6 reading 95%, math 76%
    2 min walk
  • Dearcroft Montessori School Private14 min walk
  • St. Vincent Catholic Elementary School Catholic
    EQAO: Gr 6 reading 91%, math 55%
    1.5 km
  • E. J. James Public School
    EQAO: Gr 6 reading 100%, math 79%
    1.7 km

Secondary

  • Oakville Trafalgar High School
    EQAO: Gr 9 math 86%, literacy test 97%
    2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L6J

Owners / renters
84% / 16%
Median household income
$158,000
Average age
43
Children under 15
17%
Homes
79% detached, 10% high-rise
Commute by transit
8%
Population
24,420

Languages spoken most at home besides English: Mandarin 8%, Yue (Cantonese) 0.7%, Spanish 0.6%, Urdu 0.5%.

Safety

Crime Severity Index for Halton Region (Oakville/Burlington) police: 31 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 31 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ENGEL & VOLKERS TORONTO CENTRAL.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.