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489 Lakeshore Road

1011 - MO Morrison / Oakville, ON L6J 1K4

ActiveFor Sale
5 Beds
8 Baths
5,000 Sq Ft
Single Family Home

About This Property

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

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size5,000 sq ft
Bedrooms5
Bathrooms8
Postal CodeL6J 1K4
Last UpdatedAug 8, 2026 · 5:27 p.m.

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Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13030806

Listed by ENGEL & VOLKERS TORONTO CENTRAL

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$23,980,000

asking price

MLS®W13030806
TypeSingle Family Home
CityOakville
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$117,098

/month · $19,184,000 mortgage

Down Payment20% — $4,796,000
Interest Rate5.5%

Amortization

Total Interest

$15,945,251

Total Cost

$35,129,251

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

ENGEL & VOLKERS TORONTO CENTRAL