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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W12644824For SaleDetached

408 Lakeshore Rd

Southwest, Oakville, Ontario L6K 1G1

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408 Lakeshore Rd, Oakville, photo 1
Asking$4,295,000
Bedrooms
4+2
Bathrooms
8
Size
5,000 +sq ft
Lot
90 x 340 ft
Tax a year
$11,1012025 tax year
Built
New
Parking
155 attached
Days on market
Members

The brief

About 408 Lakeshore Rd

408 Lakeshore Rd is a 4+2-bedroom, 8-bathroom detached house in Southwest, Oakville, listed for sale at an asking price of $4,295,000 (MLS® W12644824).

This is a remarkable vacant lot that includes drawings and building permit. House pictures are renderings and details are from the drawings. Embark on a life of uncompromised luxury with this architectural masterpiece by renowned architect David Small. Perfectly located South of Lakeshore steps from Appleby College, lake and downtown Oakville. Evoking a sophisticated "Laneway Country" atmosphere on a rare 90' x 340' lot with walk-out basement. The estate features a long circular private drive that frames a sun-drenched, West-facing backyard. The home is designed as the ultimate multi-generational sanctuary, that offers a rare "Double Primary" layout: a magnificent main-floor master suite for accessible luxury, plus a second-level master retreat with separate "His & Her" ensuites. The elevator services all three levels, ensuring effortless movement throughout soaring interiors defined by dramatic cathedral ceilings. With building permits in hand and a bespoke interior package by WOLFE Interior Design, this Net Zero Ready estate blends timeless character with elite modern performance. Car enthusiasts will prize the 5-car capacity, utilizing the attached garage and the detached tandem garage within the cabana. Beyond the essentials, the floor plan is packed with exceptional features, including a main floor office, lower level dedicated music/theater room, glass-walled fitness center, custom sauna and steam room, wine cellar, and private nanny and guest suites. Surrounded by 10M-12M estates. Architectural drawings, interior design, floorplans and building permits available on request. 10+++

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$14,420/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 12 detached homes with 6 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
$11,101 / 2025
MLS® number
W12644824
Board
TRREB MLS®
Property Type
Detached
Building Age
New
Days on market
Size
5000 + sqft
Lot Size
90 x 340 ft
Listed on
Parking
5 Attached, 15 Parking
Listing brokerage: RE/MAX ABOUTOWNE REALTY CORP.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Southwest
Municipality
Oakville

Building

Size
5000 + sqft
Building Age
New
Construction
Stone

Inside

Bedrooms
4+2
Bathrooms
8
Bathroom Details
1 × 5pc Main, 1 × 2pc Main, 2 × 5pc 2nd, 2 × 3pc 2nd, 2 × 3pc Bsmt
Basement Type
Finished with Walk-Out
Kitchens
1

Parking

Driveway
Circular
Garage Type
Attached
Garage
5
Additional Parking
10
Total Parking
15

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
90 ft
Depth
340 ft
Lot Size
90 x 340 ft

Additional

Foundation
Poured Concrete
Roof
Metal
Fireplace
Yes
Pool
Inground
Den
Yes
Family room
Yes
Extras
none

Rooms

RoomSizeFeaturesLevel
Great Rm19.0 × 24.0 m—Main
Kitchen15.6 × 20.4 m—Main
Breakfast10.6 × 22.4 m—Main
Dining12.8 × 14.8 m—Main
Office12.8 × 14.5 m—Main
Foyer8.4 × 18.8 m—Main
Mudroom12.0 × 13.0 m—Main
Primary15.4 × 19.0 m—Main
Other12.0 × 21.6 m—Main
Primary14.6 × 17.0 m—2nd
3rd Br11.6 × 17.6 m—2nd
4th Br15.4 × 16.0 m—2nd
Laundry8.1 × 10.1 m—2nd
Rec13.2 × 28.8 m—Bsmt
Family15.2 × 28.8 m—Bsmt
Exercise14.0 × 40.1 m—Bsmt
Kitchen10.1 × 16.4 m—Bsmt
Br12.6 × 15.2 m—Bsmt
Br15.4 × 16.0 m—Bsmt
Utility8.5 × 29.2 m—Bsmt
Other17.6 × 30.8 m—Bsmt
Laundry8.0 × 26.4 m—Bsmt
Cold/Cant5.1 × 11.8 m—Bsmt

Listing history

Buy/sell history for 408 Lakeshore Rd, Oakville, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$4,295,000N/AExtW12644824

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $859,000

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
$859,000
Total mortgage amount
$3,436,000
Total interest payment
$2,442,500
Total purchase cost
$6,737,500
Mortgage payment
$19,595/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

79%

Monthly carrying cost

$20,520
−$14,420per month
  • Rent $6,100
  • Shortfall $14,420

Rental income opens at $6,100, the median asking rent of 12 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
$93,850
Total land transfer tax
$93,850
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$89,850
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 $4,295,000
$57,375
Ontario total
$93,850

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

Street frontage
90 ft27.4 m
Depth
340 ft103.6 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasTransit stop within 400 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Oakville Hydro Electricity Distribution Inc.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m4 test or monitoring holes also recorded.250 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 380 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 Dana Canada Corporation — Dana Oakville Kerr, 2.1 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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • 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

Middle half: $1.71M to $3.99M

New in 7 days
5

15 in 28 days

Price cuts
13%

5 listings

This home is asking 56% above the median, higher than three quarters of them.

See all homes in Southwest

Asking 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

Transit nearby

StationLinesDistance
Oakville GOGO Transit train: Lakeshore West2.8 km
Bronte GOGO Transit train: Lakeshore West3.5 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

ElementaryTypeDistanceEQAO average 2024–25
W H Morden Public SchoolHalton DSBPublic · grades JK–8450 m86%Grade 6 average
Pine Grove Public SchoolHalton DSBPublic · grades 1–8 · French Immersion1.2 km85%Grade 6 average
ÉÉC Sainte-Marie-OakvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.3 km91%Grade 6 average
St. Nicholas Catholic Elementary SchoolHalton CDSBCatholic · grades JK–81.9 km85%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St. Thomas Aquinas Catholic Secondary SchoolHalton CDSBCatholic · grades 9–12650 m72%Grade 9 math
Thomas A Blakelock High SchoolHalton DSBPublic · grades 9–12 · French Immersion1.5 km79%Grade 9 math
Gary Allan High School - STEPHalton DSBPublic · grades 9–123.9 km—
École secondaire Gaétan GervaisConseil scolaire ViamondeFrench-language public · grades 9–124.2 km85%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.

Email Kassaundra Dobson, Broker of Record