$ 23,980,000

Ferris Rafauli-designed estate on a wooded acre near Lake Ontario in Oakville

Property details for 489 Lakeshore Road E, Oakville

Type
Residential
Bedrooms
5
Bathrooms
8
Lot Size
152 x 288 FT
Stories
2
Basement
Finished, Full
Parking
Attached Garage, Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Concrete
Ownership
Freehold
Annual Taxes
$130,416

Southeast Oakville, a block from Lake Ontario. It's a 5-bed, 8-bath house on a 152x288 foot lot, built with concrete and steel. Photos show a massive indoor pool, a spa, and a cabana with its own kitchen. There's an elevator, 12 parking spots, and a finished basement. St Mildred's-Lightbourn School is 1.4 km away. Paradiso restaurant is 1.2 km. Taxes run $130,416 a year. Listed at $23,980,000, it's priced above the $15,965,000 median for the area.

About 489 Lakeshore Road E, Oakville — Property Score

68
Prime Location Strong Investment Feature Rich
Score: 68/100
Value
26
Priced 1129.7% above area median of $1,950,000 based on 431 comparable properties nearby 1
Stable pricing - no price changes since original listing date 50
Size
70
5 bedrooms 60
8 bathrooms 60
43,776 sqft lot - an oversized lot for the area 90
Location
93
$312K median household income - well above the Canadian average of $70K 100
91% of residents hold postsecondary credentials - a highly educated neighbourhood 97
100% homeownership rate - indicating a stable, owner-occupied community 100
71% of residents commute under 30 minutes - excellent commuter accessibility 87
1,249/km² population density - a well-balanced suburban area 82
Market
80
Just listed - area average is 30 days on market 100
+36.9% median price change over 1 month - rising prices in the area 100
40 months of housing supply - 440 active listings with 11 sold last month (buyer's market) 40
Features
83
12-car garage - more than the area average of 5.6 spots 95
Finished, Full basement - adds valuable living space 85
efficient gas forced air heating 80
Central air conditioning - whole-home cooling 90
Pool - premium features that add significant value 65
Investment
84
0.54% effective tax rate ($130,416/yr) - very low tax burden 84
Quality
50
Condition
50
Listing
89
48 photos provided - 17% more than the area average of 41 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Oakville, Ontario

Population
509
Median Age
49.2
Median Income
$79,104
Dwelling Value
$2,005,546

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3.1
Pop. Density: 1,248.5/km²
Avg Shelter Cost: $2,299/mo
Owners with Mortgage: 25%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 78.4%
English and French: 21.6%
Neither: 1%
Median Household Income: $312,320
Median Employment Income: $44,416

Price History

Contact Agent Get in touch about 489 Lakeshore Road E, Oakville

SUZANN LYNN PATERSON
ENGEL & VOLKERS TORONTO CENTRAL

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