$2,699,000 - 1123 Lakeshore Road, Oakville
Detached for Sale in Oakville
New — Listed 3 days ago- MLS Number
- W12949898
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- KELLER WILLIAMS PORTFOLIO REALTY
Builders, Investors, Or Future Homeowners with a vision: Welcome to 1123 Lakeshore Road, a bright, sun-filled home nestled on a rare and expansive 100 x 150 ft lot in one of Oakville's most sought-after neighbourhoods. Perfectly positioned at the corner of Lakeshore and Burgundy Road, this exceptional property is surrounded by mature trees and multi-million-dollar custom homes. Enjoy a short walk to the lakefront trails, downtown Oakville, or nearby parks and top-rated schools. This elegant, tree-lined pocket is known for its timeless charm and unbeatable location. The opportunities here are truly limitless. Plans are drafted and permit-ready for a stunning 4,400 sq ft residence designed by HDS Dwell, offering the chance to create a custom masterpiece in a prestigious setting where properties like this rarely come available. Currently on the lot is a beautifully maintained 4000 sq ft bungalow, featuring spacious principal rooms, a custom kitchen with granite counters and built-in appliances, a formal dining room, and a bright living room with wall-to-wall windows and gas fireplace. The second bedroom can convert to a private office/den, while the family room opens directly to the landscaped backyard oasis-complete with deck, patio, and in-ground swimming pool. The lower level includes a large recreation room with gas fireplace, three generous bedrooms (one used as a gym), and potential for a self-contained in-law or nanny suite. Additional highlights include a heated 2-car garage with epoxy floors, a double-door foyer, and a 6-car interlock driveway.
Estimate your monthly payments for this property
Estimated Payment
$11,938.59/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 Oakville
Oakville 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 Oakville
- •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
Oakville 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.
1123 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 25+ years of GTA real estate experience
Premium Pricing
At $1799/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 3 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.
Oakville Premium
Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.