For Sale MLS® W13030806

489 Lakeshore Road E

1011 - MO Morrison · Oakville · ON · L6J 1K4

On market 151 days

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5 Beds
8 Baths
5,000+ Sqft
12 Parking
Detached Type
6-15 Age

About this property

Indoor poolFireplaceFinished basement4-car garageCentral air

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.

Key facts

Type Detached · 2-Storey
Size 5,000+ sqft
Lot 152 × 288 ft
Age 6-15
Taxes $130,416/2025
Basement Finished, Full
Garage Attached · 4
Total parking 12
Heat Forced Air · Gas
A/C Central Air
Fireplace Yes
Neighbourhood 1011 - MO Morrison
Property details
Property type Detached
Style 2-Storey
Age 6-15
Possession TBD · Other
Occupancy Owner
Direction faces North
Special designation Accessibility
Cross street Lakeshore Rd E. & Balsam Drive
Rooms & baths
Kitchens 3
Den / Family room Yes
Rooms above / below grade 22
Bedrooms above / below 4 · 1
Washrooms 2 × 2-pc · Ground
2 × 3-pc · Second
1 × 4-pc · Second
1 × 6-pc · Second
2 × 3-pc · Basement
Laundry Upper Level
Building & utilities
Basement Finished, Full
Fireplace Yes
Heat Forced Air · Gas
A/C Central Air
Construction Concrete
Roof Flat
Foundation Concrete Block
Pool Indoor
Sewer Sewer
Water Municipal
Central vacuum Yes
Elevator Yes
Parking
Garage Attached · 4
Covered spaces 4
Total 12
Features Circular Drive
Lot
Width / Depth 152 ft · 288 ft
Dimensions 152.00 x 288.00 Feet
Zoning Residential
Financial
Taxes $130,416/2025
Features & amenities

Interior

Auto Garage Door RemoteCentral VacuumStorage

Property

LevelWooded/Treed

Rooms

10 rooms on 2 level s

Type Dimensions Features
Main
Living Room 32'4" × 20' FireplaceW/O To Garden
Kitchen 20' × 18'4" Breakfast AreaW/O To Garden
Dining Room 23'8" × 16' Large WindowWall Sconce Lighting
Family Room 19'11" × 18' FireplaceWall Sconce Lighting
Second
Primary Bedroom 20'6" × 20' Fireplace6 Pc Ensuite
Sitting 19' × 16'8" FireplaceW/O To Terrace
Bedroom 2 24'8" × 16'7" 4 Pc EnsuiteW/O To Balcony
Bedroom 3 19'11" × 17'11" 3 Pc EnsuiteW/O To Balcony
Bedroom 4 17'11" × 13'5" W/O To BalconyLarge Window
Laundry 14'8" × 10'5" B/I ShelvesCloset

Mortgage calculator

$112,036/moMonthly payment
$19,184,000Mortgage amount
$14,426,803Total interest
$38,406,803Total cost

Location

Street view Street view of the block Look around

Imagery ©Google

Cross street: Lakeshore Rd E. & Balsam Drive

Market Overview

Oakville

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MLS® W13030806 Brokerage ENGEL & VOLKERS TORONTO CENTRAL Listed Apr 22, 2026 Updated Apr 22, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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.

Last updated: September 21, 2026.

$23,980,000 5 bd · 8 ba
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