45 Shorewood Place, Oakville, ON
Southwest, Oakville · MLS® W13545876
About this home
Experience lakeside living in one of South Oakville's most exclusive enclaves. This luxurious custom-built executive home is situated on a premium wooded lot in a private lakeside pocket just one lot from the water, with walkway access from Shorewood to the waterfront and the secluded Shorewood Promenade Waterfront Park your private oasis on the water. Ideally located south of Lakeshore, this residence offers the perfect balance of privacy, scale, and lifestyle - only minutes from downtown Oakville's restaurants, boutique shopping, the lake, and prestigious Appleby College. Offering over 6,000 sq. ft. of total living space, this exceptional home features 4+1 bedrooms, 4.5 bathrooms, a dedicated music room, theatre room, home gym, formal living and dining rooms, a spacious family room, and a private den. The chef-inspired kitchen, designed by Bella Kitchens, serves as the centrepiece of the main floor with premium finishes, thoughtful design, and excellent flow for both everyday living and entertaining. The main floor primary retreat provides comfort and convenience, while three additional spacious bedrooms offer flexibility for family or guests. Throughout the home, you'll find hardwood floors, 10-foot ceilings, 8-foot doors on the main level, and refined architectural details that create a timeless executive feel. The walk-out lower level expands the living experience with a large recreation area, theatre room, gym, and additional bedroom space - ideal for multi-generational living, guests, or a complete lifestyle retreat. Set within a quiet, prestigious lakeside neighbourhood, this home delivers rare privacy, exceptional square footage, and direct access to one of Oakville's most desirable lifestyle settings - all just five minutes from the restaurants, shops, and amenities of downtown Oakville, with easy commuter access.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13545876
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 138.71 × 160.09 ft
- Cross streets
- Lakeshore Rd W To Shorewood Pl
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $26,149 / 2025
- Days on market
- 8
- Listing brokerage
- RE/MAX WEALTH BUILDERS REAL ESTATE
Rooms
Listed at $4,895,000, this home is about 26% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $5.47M, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $4.65M
- Bedrooms −$30K
- Adjusts to $4.62M
That comparable adjusts to $4.62M; the $3.90M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Rebecca St. + Morden Rd. is about a 6-minute walk away.
Total price vs nearby homes. Fair value about $3.90M, median of 8 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Worth verifying
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 20% above the area average of $957/sqft.
3 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Southwest, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Rebecca St. + Morden Rd., about 491 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Oakville.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $3,916,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $20,897
- Property tax
- $2,179
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $23,076
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $108,850
- Estimated closing costs
- $108,850
Plus your down payment of $979,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,253,834
- Principal paid down
- $498,704
- Interest paid
- $755,130
- Balance remaining
- $3,417,296
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEALTH BUILDERS REAL ESTATE. MLS®/PropTx.