$4,499,000 - 1098 Lakeshore Road, Oakville
Detached for Sale in Oakville
97 days on marketNeighbourhood: 1017 - SW Southwest
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- MLS Number
- W13520422
- Property Type
- Detached
- Status
- active
- Days on Site
- 97
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Oakville
- Lot Size
- 22,787 sqft
- Taxes (2026)
- $21,640
- Listing Brokerage
- THE AGENCY
Rarely does a property offer this combination of land, privacy and lakeside living. Set on a rare 1/2+ acre estate lot in one of South West Oakville's most coveted neighbourhoods, 1098 Lakeshore Rd is a custom 6,500+ sq. ft. home just steps from Lake Ontario and minutes from Appleby College. Designed with both family living and entertaining in mind, the home features 10' ceilings on the main level and 9' ceilings on the upper and lower levels, with rich hardwood floors, extensive custom millwork and thoughtful architectural details throughout. The Hampton-inspired kitchen and adjoining butler's pantry create a beautiful centre for everyday living and effortless entertaining. The large main-floor primary retreat offers the convenience of single-level living, complete with a custom walk-in closet, gas fireplace and spa-inspired 5-piece ensuite. Upstairs, two generously sized bedrooms each enjoy their own ensuite, offering comfort and privacy for family or guests. The finished lower level adds another layer of flexibility, with a second kitchen, two additional bedrooms, gym, wet bar, games area and expansive recreation space - ideal for multigenerational living, older children, extended family or guests. Outside, mature landscaping creates a private backyard retreat with a saltwater pool, waterfall feature and covered outdoor living area - perfect for summer days by the pool and evenings spent together. Beyond the property, top-ranked schools, parks, steps to the lake, trails and the shops and restaurants of downtown Oakville just minutes away. **Land. Privacy. Location. Flexibility.**A rare opportunity to enjoy space, privacy and lakeside living in one of Oakville's most sought-after settings.
Estimate your monthly payments for this property
Estimated Payment
$19,900.59/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 1017 - SW Southwest
1017 - SW Southwest is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 1017 - SW Southwest
- •Convenient location in Oakville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
1017 - SW Southwest offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1098 Lakeshore Road, Oakville
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1285/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 97 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Oakville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oakville.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.