489 Lakeshore Road E, Oakville, ON L6J 1K4
Morrison · L6J 1K4
$23,980,000
$4,796 / sq ft6 months on market
- Bedrooms
- 4+1
- Bathrooms
- 8
- Interior
- 5,000 sf
- Parking
- 12
- Lot
- 152 × 288 ft
- Age
- 6-15 years
What's special
- Attached garage
- Pool
- Central air
- Finished basement
- Fireplace
- Auto garage door remote
- Central vacuum
- Storage
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.
Rooms
10 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 9.86 × 6.10 m32.3 × 20.0 ft | Fireplace · W/O To Garden · Large Window |
| Kitchen | Main | 6.10 × 5.59 m20.0 × 18.3 ft | Breakfast Area · W/O To Garden · Breakfast Bar |
| Dining Room | Main | 7.21 × 4.88 m23.7 × 16.0 ft | Large Window · Wall Sconce Lighting · Double Doors |
| Family Room | Main | 6.07 × 5.49 m19.9 × 18.0 ft | Fireplace · Wall Sconce Lighting · Large Window |
| Primary Bedroom | Second | 6.25 × 6.10 m20.5 × 20.0 ft | Fireplace · 6 Pc Ensuite · W/O To Terrace |
| Sitting | Second | 5.79 × 5.08 m19.0 × 16.7 ft | Fireplace · W/O To Terrace · Vaulted Ceiling(s) |
| Bedroom 2 | Second | 7.52 × 5.05 m24.7 × 16.6 ft | 4 Pc Ensuite · W/O To Balcony · Large Window |
| Bedroom 3 | Second | 6.07 × 5.46 m19.9 × 17.9 ft | 3 Pc Ensuite · W/O To Balcony · Large Window |
| Bedroom 4 | Second | 5.46 × 4.09 m17.9 × 13.4 ft | W/O To Balcony · Large Window · Ensuite Bath |
| Laundry | Second | 4.47 × 3.18 m14.7 × 10.4 ft | B/I Shelves · Closet · Custom Counter |
Features
- Auto Garage Door Remote
- Central Vacuum
- Storage
Property details
Property
- Property type
- detached
- Bedrooms
- 4 + 1
- Bathrooms
- 8
- Interior size
- 5,000 sq ft
- Year built
- 6-15
- Lot size
- 152 × 288 ft
- Zoning
- Residential
- Possession
- TBD
Interior
- Basement
- Finished, Full
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Fireplaces
- 1
- Exposure
- North
Exterior & services
- Construction
- Concrete
- Garage
- Attached
- Parking spaces
- 12
- Pool
- Indoor
- Sewer
- Sewer
Costs
- List price
- $23,980,000
- Property taxes
- $130,416 / year (2025)
- Price per sq ft
- $4,796
Listing
- MLS® number
- W13030806
- Status
- For sale
- Listed
- April 22, 2026
- Days on market
- 197
- Last updated
- September 24, 2026
- Listing brokerage
- ENGEL & VOLKERS TORONTO CENTRAL
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 100% of comparable detached listings in Morrison are asking less.
- This home
- $4,796 / sq ft
- Comparable median
- $1,359 / sq ft
Based on 52 comparable active detached listings in Morrison. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $106,071.63
- Property tax (est.)
- $10,868.00
- Estimated monthly
- $116,940
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $585,975
- Total due on closing
- $585,975
An estimate on the asking price of $23,980,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ENGEL & VOLKERS TORONTO CENTRAL. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
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