489 LAKESHORE ROAD EAST
Toronto · L6J1K4
$24,980,000
About this residence
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. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 5 (4 above, 1 below)
- Bathrooms
- 8 (2 half)
- Storeys
- 2
- Living area
- 5,000–100,000 sq ft
- Lot size
- 152 x 288 FT
- Frontage
- 152 feet
- Parking
- 12 spaces
- Fireplace
- Yes
- Annual tax
- $130,416
- MLS®
- W12057125
- Board
- Toronto
- Status
- Inactive
- Listed
- Apr 2, 2025
- Updated
- Oct 28, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Second level | 4.47 × 3.18 m |
| Living room | Main level | 9.86 × 6.1 m |
| Kitchen | Main level | 6.1 × 5.59 m |
| Dining room | Main level | 7.21 × 4.88 m |
| Family room | Main level | 6.07 × 5.49 m |
| Primary Bedroom | Second level | 6.25 × 6.1 m |
| Sitting room | Second level | 5.79 × 5.08 m |
| Bedroom 2 | Second level | 7.52 × 5.05 m |
| Bedroom 3 | Second level | 6.07 × 5.46 m |
| Bedroom 4 | Second level | 5.46 × 4.09 m |
Features & finishes
Appliances
- Garage door opener remote(s)
- Central Vacuum
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Finished
Exterior
- Concrete
Foundation
- Block
Parking
- Attached Garage
- Garage
Lot
- Level lot
- Wooded area
Sewer & Utilities
- Sanitary sewer
Pool
- Indoor pool
Financing
Estimated monthly payment
$116,824/mo
Loan amount
$19,984,000
Down payment
$4,996,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · L6J- 24,420
- Population
- 46
- Median age
- $158,000
- Median income
- $1,740,000
- Median home value
- 84%
- Home ownership
- 27 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 489 LAKESHORE ROAD EAST?
489 LAKESHORE ROAD EAST is listed for $24,980,000, in Toronto.
How many bedrooms and bathrooms does 489 LAKESHORE ROAD EAST have?
It offers 5 bedrooms and 8 bathrooms (including 2 half-baths).
What type of home is 489 LAKESHORE ROAD EAST?
489 LAKESHORE ROAD EAST is a Single Family, House set over 2 storeys.
How large is 489 LAKESHORE ROAD EAST?
The home offers approximately 5,000–100,000 sq ft of living space on a lot measuring 152 x 288 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $116,824. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $130,416 per year.
Is there parking?
Yes — 489 LAKESHORE ROAD EAST includes 12 parking spaces.
What is the Toronto area like?
Toronto has a population of about 24,420, a median age of 46, a 84% home-ownership rate, with an average commute of about 27 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $1,740,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $158,000.
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