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$23,980,000
For SaleListed 166 days ago

489 Lakeshore Road East, Oakville, ON L6J 1K4

Morrison
5
8
5,000 + ft²
Listed by ENGEL & VOLKERS TORONTO CENTRAL

Assigned school

84% EQAO

New Central Public School

Childcare

6 centres

0.1 km closest

Development

4 shown

Active applications within 800 m

Area profile

Nearly all owners

$266k median

Small-area Census counts are randomly rounded by Statistics Canada.

Explore this address →

Property Information

Property TypeDetached
Lot Size152 × 288 ft
BasementFinished, Full
Parking12 parking spaces · Circular Drive · Attached
Property taxes$130,416/yr (2025)
Days on Market166 Days
Listed DateApr 22, 2026
MLS® NumberW13030806

School Catchments

Specialized program boundaries (1)

This address also falls inside these program boundaries. Placement in a specialized or French-language program is by school board application and eligibility — not by address.

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Oakville school catchments →

Monthly Cost

Description

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.

Listing History

Event
Date
Price
Listed
Apr 22, 2026
$23,980,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 489 Lakeshore Road East, Oakville, ON L6J 1K4 inside the New Central Public School attendance boundaryView on Map

Licensed Childcare Nearby

6 licensed centres nearby · closest 118 m

Licensed Child Care Centre
Ymca New Central Public School Sacc
133 Balsam Drive, Oakville
0.1 km
CWELCC
Before & after school
Operator: Oakville Family Ymca
Licence #0005974·Child Care Centre
Licensed Child Care Centre
Dearcroft Montessori School
1167 Lakeshore Road, Oakville
0.9 km
Full day · Half day · Before & after school
Operator: Gordon Phippen
Licence #56327·Child Care Centre
Licensed Child Care Centre
Maple Tree Montessori Childcare - Oakville
226 Randall Street, Oakville
0.9 km
CWELCC
Full day · Before & after school
Operator: 11824023 Canada Inc.
Licence #58730·Child Care Centre
Licensed Child Care Centre
Western Heights Montessori Academy
186 Morrison Rd, Oakville
1.1 km
Français
Full day
Operator: 002633409 Ontario Corporation
Licence #57245·Child Care Centre
Licensed Child Care Centre
Maclachlan College
337 Trafalgar Road, Oakville
1.1 km
Full day
Operator: Maclachlan School Educational Group Inc.
Licence #62953·Child Care Centre
Licensed Child Care Centre
Hopedale Montessori School - Thomas St. Campus
160 William Street, Oakville
1.2 km
CWELCC
Full day · Half day
Operator: 1318291 Ontario Limited
Licence #20185·Child Care Centre

What’s changing nearby

Nearest 4 within 800m

Proposed and recently approved developments near this home, largest first.

All development in this area

Approximate distance based on the municipality’s mapped application location.

Source: Town of Oakville open data, adapted by DistrictIQ. Open Government Licence — Town of Oakville.

Area Checks

Also checked, nothing flagged at this location: provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Not openly mapped for this area (ask the local conservation authority): flood hazard mapping, conservation-regulated areas.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About Morrison

View Morrison on Market →

Area profile

Mostly owner-occupied: nearly all households own and very few rent; median household income is $266,000; 53% of households have children.

Nearly all
Own their home
Very few
Rent
$266,000
Median household income
2.9
Avg. household size
53%
Households with kids
50
Median age
More about this area
68%
University degree
28%
Newcomers (immigrants)
Age profile499 residents
Under 2024%
20–3411%
35–6439%
65+26%

StatCan 2021 Census · the dissemination area around this home (DA 35240206). Values are randomly rounded by Statistics Canada for privacy.

Similar homes in this school area

Assigned to New Central Public School · priced within 25% of this home

Interested in this home?

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Sep 24, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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