43.4527° N · 79.6610° W — Morrison, Oakville — MLS® #W13030806
489 Lakeshore Rd
$23,980,000
Morrison, Oakville, Ontario L6J 1K4
- 4+1
- BedroomsBeds
- 8
- BathroomsBaths
- 5000 + sqft5000 +
- SizeSq ft
- 152 x 288 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
489 Lakeshore Rd is a 4+1-bedroom, 8-bathroom detached house in Morrison, Oakville, listed for sale at an asking price of $23,980,000 (MLS® W13030806).
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 readings
How it measures up
Scores from the listing record and the market around it.
68Good
Condition score
6 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
5Shortfall
Cash flow quality
−$114,570/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 33 detached homes with 5 bedrooms for lease in Oakville right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $130,416 / 2025
- MLS® number
- W13030806
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 6-15
- Time on market
- Size
- 5000 + sqft
- Lot Size
- 152 x 288 ft
- Listed on
- Parking
- 4 Attached, 12 Parking
Listing history
Listing activity for 489 Lakeshore Rd, Oakville, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $23,980,000 | N/A | For Sale | W13030806 |
Inside
Room by room
From the listing.
- Living6.1 × 9.86 mFireplace, W/O To Garden, Large Window
- Kitchen5.59 × 6.1 mBreakfast Area, W/O To Garden, Breakfast Bar
- Dining4.88 × 7.21 mLarge Window, Wall Sconce Lighting, Double Doors
- Family5.49 × 6.07 mFireplace, Wall Sconce Lighting, Large Window
- Primary6.1 × 6.25 mFireplace, 6 Pc Ensuite, W/O To Terrace
- Sitting5.08 × 5.79 mFireplace, W/O To Terrace, Vaulted Ceiling
- 2nd Br5.05 × 7.52 m4 Pc Ensuite, W/O To Balcony, Large Window
- 3rd Br5.46 × 6.07 m3 Pc Ensuite, W/O To Balcony, Large Window
- 4th Br4.09 × 5.46 mW/O To Balcony, Large Window, Ensuite Bath
- Laundry3.18 × 4.47 mB/I Shelves, Closet, Custom Counter
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Morrison
- Municipality
- Oakville
Building
- Size
- 5000 + sqft
- Building Age
- 6-15
- Construction
- Concrete
Inside
- Bedrooms
- 4+1
- Bathrooms
- 8
- Bathroom Details
- 2 × 2pc Ground, 2 × 3pc 2nd, 1 × 4pc 2nd, 1 × 6pc 2nd, 2 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 3
Parking
- Driveway
- Circular
- Garage Type
- Attached
- Garage
- 4
- Additional Parking
- 8
- Total Parking
- 12
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 152 ft
- Depth
- 288 ft
- Lot Size
- 152 x 288 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Oakville GO | GO Transit train: Lakeshore West | 1.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Detached in Morrison
Active listings only, today.
Detached homes for sale in Morrison right now
- For sale now
- 54
- Median asking price
- $4M
- New in 7 days
- 0
- Price cuts
- 20%
Middle half: $3M to $5.97M
10 in 28 days
11 listings
This home is asking 500% above the median, higher than three quarters of them.
See all homes in MorrisonAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 5 test or monitoring holes also recorded.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Dana Canada Corporation — Dana Oakville Kerr, 2.5 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Oakville Hydro Electricity Distribution Inc.
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 40 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Conservation Halton or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Lot area
- 43,776 sq ft4,067 m²
- Street frontage
- 152 ft46.3 m
- Depth
- 288 ft87.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land transfer tax on this home
- Ontario land transfer tax
- $585,975
- Total land transfer tax
- $585,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $581,975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $23,980,000
- $549,500
- Ontario total
- $585,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- New Central Public SchoolHalton DSBPublic · grades JK–690%Grade 6 average100 m
- St. Vincent Catholic Elementary SchoolHalton CDSBCatholic · grades JK–876%Grade 6 average1.5 km
- E J James Public SchoolHalton DSBPublic · grades 1–8 · French Immersion93%Grade 6 average1.7 km
- ÉÉC Sainte-Marie-OakvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–891%Grade 6 average2.4 km
SecondaryGrade 9 math 2024–25
- Oakville Trafalgar High SchoolHalton DSBPublic · grades 9–12 · French Immersion86%Grade 9 math2.3 km
- St. Thomas Aquinas Catholic Secondary SchoolHalton CDSBCatholic · grades 9–1272%Grade 9 math2.4 km
- White Oaks Secondary SchoolHalton DSBPublic · grades 9–1281%Grade 9 math3.5 km
- École secondaire Gaétan GervaisConseil scolaire ViamondeFrench-language public · grades 9–1285%Grade 9 math3.7 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$120,270
- Mortgage$109,402
- Property tax$10,868
A planning figure, not a quote.
Land transfer tax
$585,975
$581,975 for first-time buyers.
Rent, similar homes
$5,700
a month, median asking rent of 33 similar homes in Oakville.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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