Historic Farmhouse Reborn with 7000 Sq Ft in Oakville

Property details for 489 Lakeshore Road W, Oakville

Type: Residential
Bedrooms: 4
Bathrooms: 6
Lot Size: 100.1 x 118.5 FT
Stories: 2
Basement: Finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stucco
Ownership: Freehold
Annual Taxes: $22,694

This reimagined farmhouse has a full 7,000+ square feet on a 100 by 118 foot lot, priced at $4.15M. That's about $593 per square foot, which isn't bad for all the work that's been done. You get 4 beds and 6 baths, including a main floor office and a mud room. The place was basically rebuilt, keeping the historic charm but adding modern touches like a steel fireplace surround, shiplap walls, and wide oak flooring. There's a great room with big Kolbe windows and a coffered ceiling, plus a formal living room with herringbone floors that opens to the verandah. Chef's kitchen has quartz counters, pro appliances, and a huge island. Upstairs, each bedroom gets its own ensuite with heated floors, and the primary suite has a spa-like bath with a freestanding tub and walk-in shower. The lower level is fully finished with a rec room, wet bar, gym space, and a roughed-in theatre. Even the garage is tricked out with two EV chargers and heating. Outside, the lot is professionally landscaped with perennials and a circular drive. You're right across the street from Appleby College, a quick stroll to Lake Ontario, and minutes to downtown Oakville's shops and restaurants. This is a solid option if you want move-in ready luxury in a prime location.

About 489 Lakeshore Road W, Oakville — Property Score

Great Location Feature Rich

Score: 64/100

Value

Priced 117% above area median of $1,912,500 based on 374 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 fewer than similarly priced 5-bedroom homes nearby 48

6 bathrooms - 1 more than similarly priced properties nearby 72

11,862 sqft lot - an oversized lot for the area 90

Location

$120K median household income - above the Canadian average of $70K 90

85% of residents hold postsecondary credentials - a highly educated neighbourhood 93

77% homeownership rate - indicating a stable, owner-occupied community 84

47% of residents commute under 30 minutes - good commuting convenience 67

1,685/km² population density - a well-balanced suburban area 87

Market

Just listed - area average is 70 days on market 100

+1.9% median price change over 1 month - stable pricing in the area 60

31.2 months of housing supply - 562 active listings with 18 sold last month (buyer's market) 40

Features

10-car garage - more than the area average of 5.8 spots 95

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.55% effective tax rate ($22,694/yr) - very low tax burden 84

25% renter population - primarily owner-occupied area 60

Quality

Condition

Listing

37 photos provided - below the area average of 42 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.