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$27,850,000Asking Price

489 Lakeshore Rd E

Old Oakville, Oakville

Detached
4 + 1
Bedrooms
8
Baths
12
Parking
Days on Market

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.

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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.

Key Info

  • 2-Storey Detached
  • 12-Car Circular Driveway
  • 4-Car Attached Garage
  • Lakeshore Rd E. & Balsam Drive
  • 5000+ Approximate Sq Feet
  • 6-15 Years Approximate Age
  • Basement: Finished, Full
  • 3 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 152 x 288 Feet
  • .50-1.99 Acreage
  • Concrete Exterior
  • Taxes were $113,540 in 2023
  • Possession: TBD

Details

  • Fireplace
  • Family Room
  • Upper Laundry
  • Indoor Pool
  • Central Vacuum
  • Designation: Accessibility
  • Sewers
  • Municipal Water
  •  
  • MLS #W8183300
  • ENGEL & VOLKERS TORONTO CITY

Extras

  • Schedule C to be provided with showing or by approved request.
Room Floor Dimensions Details
1 Living Room Main 32.35' x 20.01' Fireplace, Walkout To Garden
2 Kitchen Main 20.01' x 18.34' Breakfast Area, Walkout To Garden
3 Dining Room Main 23.65' x 16.01'
4 Family Room Main 19.91' x 18.01' Fireplace
5 Library Main Fireplace, Walkout To Garden
6 Primary Bedroom 2nd 20.51' x 20.01' Fireplace, 6-PieceEnsuite, Walkout To Terrace
7 2nd Bedroom 2nd 24.67' x 16.57' 4-PieceEnsuite, Walkout To Balcony
8 3rd Bedroom 2nd 19.91' x 17.91' 3-PieceEnsuite, Walkout To Balcony
9 4th Bedroom 2nd 17.91' x 13.42' Walkout To Balcony
10 Laundry 2nd 14.67' x 10.43'
Washroom2 2-Piece Bathrooms on Ground Floor
Washroom2 3-Piece Bathrooms on 2nd Floor
Washroom1 4-Piece Bathroom on 2nd Floor
Washroom1 6-Piece Bathroom on 2nd Floor
Washroom2 3-Piece Bathrooms in Basement

Who lives here?

Old Oakville, Oakville is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants from the UK. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 79.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Oakville  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

47% of residents are
single and loving it.

47% singles

Oakville (40%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

47% of residents
are renters.

47% renters

Oakville (19%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

51% of residents are
university grads.

51% university grads

Oakville (56%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$262K

is the average household
income in the neighbourhood.

Oakville  ($202K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 10%
Management 10%
Government 7%
Trades 4%

Immigrants

35% of residents were
born outside of Canada.

35% immigrants

Oakville (37%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 5.7% of immigrants.
Philippines 3.9%
China 1.7%
Portugal 1.7%
India 1.7%

5.7% from UK
All-time

Birthplace - Recent

Philippines was once home to 1.5% of immigrants.
China 1.0%
India 0.8%
UK 0.5%
USA 0.3%

1.5% from Philippines
Recent

Foreign Languages

Foreign Languages

Portuguese 2%
Mandarin 2%
Tagalog 2%
French 2%
Arabic 2%

Religions

Religions

Christian 67%
Muslim 3%
Hindu 2%
Jewish 1%