489 Lakeshore Rd
Southwest, Oakville, Ontario L6K 1G4
- Bedrooms
- 4
- Bathrooms
- 6
- Size
- 3,500–5,000sq ft
- Per sq ft
- $929at the range’s middle
- Lot
- 100.07 x 118.5 ft
- Tax a year
- $22,6942025 tax year
- Built
- 0-5
- Parking
- 102 attached
- Days on market
- Members
The brief
About 489 Lakeshore Rd
489 Lakeshore Rd is a 4-bedroom, 6-bathroom detached house in Southwest, Oakville, listed for sale at an asking price of $3,950,000 (MLS® W13863756).
An exceptional Oakville residence offering over 7,000 square feet of refined living space, where distinctive architecture and sophisticated modern design come together seamlessly. Every detail, from the craftsmanship to the carefully selected finishes, has been completed to an exceptional standard.Elegant interiors feature wide-plank oak flooring, black accent hardware, custom millwork, and a striking open staircase with tempered glass railings. The chef-inspired kitchen is designed for both everyday living and entertaining, with professional-grade appliances, a large centre island, custom cabinetry, and quartz countertops.The kitchen opens to an impressive great room framed by expansive architectural Kolbe windows, a coffered ceiling, and a dramatic five-foot linear gas fireplace with a steel surround. Automated blinds and lighting enhance the main-floor living areas, while a separate living room features inlaid herringbone oak flooring and access to the covered outdoor living space.Upstairs, a dramatic hallway with 14-foot ceilings and oversized skylights leads to four spacious bedrooms, each with its own private ensuite and heated floors. The primary suite features a generous walk-in dressing room and a beautifully appointed five-piece ensuite with a freestanding tub, double vanity, heated porcelain floors, heated towel rack, and glass-enclosed walk-in shower.The fully finished lower level offers additional living and entertaining space with 9-foot ceilings, a recreation area, home gym area, wet bar, three-piece bathroom, and roughed-in theatre room.Additional features include a centrally heated garage with two EV chargers, beautifully landscaped grounds, perennial gardens, a covered terrace, and a circular driveway.Ideally positioned across from Appleby College, a short walk to the lake and moments from downtown Oakville.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$15,012/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 58 detached homes with 4 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 home
Key facts
- Tax
- $22,694 / 2025
- MLS® number
- W13863756
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 0-5
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 100.07 x 118.5 ft
- Listed on
- Parking
- 2 Attached, 10 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Southwest
- Municipality
- Oakville
Building
- Size
- 3500-5000 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 6
- Bathroom Details
- 1 × 2pc Ground, 1 × 5pc 2nd, 1 × 4pc 2nd, 2 × 3pc 2nd, 1 × 3pc Lower
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Circular, Private
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 8
- Total Parking
- 10
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 100.07 ft
- Depth
- 118.5 ft
- Lot Size
- 100.07 x 118.5 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Sub-Zero Fridge, Wolf Gas Stove, Range Hood, Dishwasher, Built-in Microwave, Bar Fridge in Kit, Bar Fridge in Bsmt, All Gym Fitness Equipment in Bsmt, Cold Room Shelving, All Wall-Mounted TVs, All ELFs, All Blinds & Window Coverings, Two EV chargers in Garage, Garage Shelving & Workbench, Central Vac, GDO & Remotes.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 5.66 × 5.81 m | — | Main |
| Great Rm | 4.74 × 5.81 m | — | Main |
| Kitchen | 4.3 × 5.8 m | — | Main |
| Mudroom | 4.34 × 2.19 m | — | Main |
| Living | 4.27 × 6.38 m | — | Main |
| Office | 3.58 × 4.44 m | — | Main |
| Primary | 5.15 × 5.84 m | — | 2nd |
| 2nd Br | 4.57 × 6.35 m | — | 2nd |
| 3rd Br | 4.06 × 4.87 m | — | 2nd |
| 4th Br | 5.41 × 7.23 m | — | 2nd |
| Rec | 5.46 × 12.42 m | — | Lower |
| Media/Ent | 3.97 × 6.42 m | — | Lower |
| Games | 3.88 × 4.26 m | — | Lower |
Listing history
Buy/sell history for 489 Lakeshore Rd, Oakville, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $3,950,000 | N/A | For Sale | W13863756 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $790,000
- Total mortgage amount
- $3,160,000
- Total interest payment
- $2,246,300
- Total purchase cost
- $6,196,300
- Mortgage payment
- $18,021/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
87%Monthly carrying cost
$19,912- Rent $4,900
- Shortfall $15,012
Rental income opens at $4,900, the median asking rent of 58 comparable homes for lease in Oakville. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $85,225
- Total land transfer tax
- $85,225
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $81,225
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 $3,950,000
- $48,750
- Ontario total
- $85,225
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 11,858 sq ft1,102 m²
- Street frontage
- 100.07 ft30.5 m
- Depth
- 118.5 ft36.1 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, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 250 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Municipal transit open data · Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Regional Municipality of Halton — Oakville Southwest Wastewater Treatment Plant, 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Oakville Hydro Electricity Distribution Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.70 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Rogers. 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.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Conservation Haltonor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Town of Oakville.
The market
Detached homes for sale in Southwest right now
- For sale now
- 38
- Median asking price
- $2.74M
- New in 7 days
- 4
- Price cuts
- 13%
Middle half: $1.73M to $3.99M
14 in 28 days
5 listings
This home is asking 44% above the median.
See all homes in SouthwestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Oakville GO | GO Transit train: Lakeshore West | 3 km |
| Bronte GO | GO Transit train: Lakeshore West | 3.2 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.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| W H Morden Public SchoolHalton DSB | Public · grades JK–8 | 600 m | 86%Grade 6 average |
| Pine Grove Public SchoolHalton DSB | Public · grades 1–8 · French Immersion | 900 m | 85%Grade 6 average |
| ÉÉC Sainte-Marie-OakvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.5 km | 91%Grade 6 average |
| St. Nicholas Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 1.6 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St. Thomas Aquinas Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 | 1 km | 72%Grade 9 math |
| Thomas A Blakelock High SchoolHalton DSB | Public · grades 9–12 · French Immersion | 1.2 km | 79%Grade 9 math |
| Gary Allan High School - STEPHalton DSB | Public · grades 9–12 | 4 km | — |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 4.2 km | 85%Grade 9 math |
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.
The verdict
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Sold prices in Southwest are shown to signed-in members.