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Listed 15 days ago

70 Shorewood Place

1017 - SW Southwest, Oakville

$5,250,000

Detached|[2-Storey]
4 | 6 | 6
About this home

Exceptional custom-built luxury home with approximately 4,655 sq. ft., plus the professionally finished basement on a premium 185' deep lot with west exposure, on one of Southwest Oakville's coveted lakeside streets. Steps to Lake Ontario, & a 20-minute walk to historic downtown Oakville, Oakville Harbour, trendy shops & restaurants, & close to major highways & GO Station. Outstanding curb appeal highlighting a timeless stone exterior, exposed aggregate driveway, natural stone walkways, iron fencing, irrigation system, manicured gardens & mature trees. The spectacular resort-style, dream backyard features an in-ground saltwater pool, raised hot tub, expansive stone patios, custom gazebo, covered terrace area with ceiling fans & heaters, cabana with serving bar, lush gardens, & a tranquil waterfall & creek surrounded by mature trees for exceptional privacy. The elegant interior features soaring ceilings, hardwood floors, deep crown mouldings, custom cabinetry, pot lights, built-in speakers, 4 gas fireplaces, oversized windows & walkouts, with custom blinds & draperies. Designed for both entertaining & family living, the home offers a stunning open-concept great room off the foyer, formal living room & separate private dining room, spacious family room, & a renovated chef's kitchen (2018) with premium appliances, quartz counters, a large island, breakfast bar & bright breakfast area with walkout to the backyard. Upstairs is a generous laundry room, 4 spacious bedrooms, (4th bedroom currently used as den but can be converted to 4th bedroom) & 3 full bathrooms, including a luxurious primary suite with cathedral-style ceilings, a fireplace, & a renovated 6-piece ensuite (2015). The professionally finished basement features a home theatre, recreation/games room, wet bar, gym & 3-piece bathroom. Additional updates include a new pergola & awning (2024), furnace, air conditioner, & renovated kitchen (2018), re-shingled roof & renovated ensuite bathroom (2015).

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style[2-Storey]
Approx. Age16-30
Size3500-5000 sq. ft.
Property Tax$24,764
Lot Size85.5 ft x 181.86 ft
mls© NumberW13585382
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$26,872
Property tax
$2,064
Heat allowance
$150
Housing costs
$29,086 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,050,000
25-yr amortization

Income needed

$895,000

gross annual household income

Payment at 4%
$22,093 / mo
Cash down
$1,050,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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