489 Lakeshore Road W, Oakville

$3,950,000
489 Lakeshore Road W

$3,950,000

New
18d
Detached2-Storey

489 Lakeshore Road W, Oakville

Total Monthly Obligation $18,199

Beds
4
Baths
6
Park
8
Sqft
3500-5000
DOM
18d
Score
14
Yield
2.8%
Cash on Cash
-11.7%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.5%
Property Type-Detached
MLS® Number-W13863756
Beds-4
Bathrooms-6
Size-3500-5000 sqft
Lot Size-100.07 × 118.5 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$22,694 (2025)
Parking-10 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-1017 - SW Southwest
Title-Residential Freehold

No agent assigned

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.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$3,160,000
Land Transfer Taxes$85,225
Legal Fees (Est.)
$
Total cash required for closing$876,725

Total Monthly Obligation

$18,199/mo
Mortgage $15,933
Monthly Loss $14,007
Principal$4,193
Interest$11,740
Property Tax$1,891
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.5%9
10-Year IRR
6.3%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$109,308/yr
NOI
$71,183/yr
Net Cash Flow
-$10,001/mo
Cash Margin
-109.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
0.5 mo12
Risk Index
11.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 489 Lakeshore Road W

Time

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