16 Ennisclare Drive, Oakville, ON

Morrison, Oakville · MLS® W13754954

$10,950,000
For Sale
Listed 13 days agoNo offer date stated
5Bedrooms
7Bathrooms
2Garage · 12 parking
5,000Sq ft

About this home

In short

  • Experience breathtaking, panoramic views from this stately lakefront estate, a true sanctuary of elegance and tranquility.
  • Nestled on an expansive 3/4 acre lot, this rare gem boasts an impressive 100 feet of private lake frontage with riparian rights, ensuring unobstructed access to the...
  • Step through the grand foyer into an atmosphere of classic luxury, where generous principal rooms flow effortlessly, highlighted by exquisite hardwood flooring and...
  • The gourmet kitchen is a chef's dream, featuring a sprawling marble-topped island and an open layout designed for both functionality and style.
  • Outdoors, the beautifully landscaped backyard is an entertainer's paradise, complete with a sparkling inground pool, a picturesque patio, and the lake's serene...

Experience breathtaking, panoramic views from this stately lakefront estate, a true sanctuary of elegance and tranquility. Nestled on an expansive 3/4 acre lot, this rare gem boasts an impressive 100 feet of private lake frontage with riparian rights, ensuring unobstructed access to the shimmering waters of Lake Ontario. Spanning 5,800 sq. ft. (excluding the basement), this residence is designed for those who appreciate refined living and timeless sophistication. Step through the grand foyer into an atmosphere of classic luxury, where generous principal rooms flow effortlessly, highlighted by exquisite hardwood flooring and elegant finishes. Two stunning solariums maximize the lake's mesmerizing vistas, creating sun-drenched spaces perfect for relaxation and entertaining. The gourmet kitchen is a chef's dream, featuring a sprawling marble-topped island and an open layout designed for both functionality and style. Upstairs, five spacious bedrooms await, including the lavish primary suite, a private retreat with His & Hers walk-in closets and a spa-like 6pc ensuite bath. A versatile bonus room above the garage offers the perfect hideaway for a teen retreat, nanny suite, or home office. Outdoors, the beautifully landscaped backyard is an entertainer's paradise, complete with a sparkling inground pool, a picturesque patio, and the lake's serene backdrop enhancing every moment. A private gate leads directly to the lush surroundings of Gairloch Gardens, adding to the home's enchanting setting. Located in one of Oakville's most prestigious neighbourhoods, this exceptional property is just minutes from top-rated schools, fine dining, and the boutique shopping of Downtown Oakville. A rare opportunity to own a piece of lakeside luxury.

Key facts

Property type
Detached, 2-Storey
MLS®
W13754954
Bedrooms
5
Bathrooms
7 (2 half)
Size
5,000 sq ft
Lot
36.18 × 314.16 ft
Cross streets
Lakeshore Rd E & Ennisclare
Parking
2 garage · 12 parking (attached)
Driveway
Private Double
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$47,291 / 2026
Days on market
13
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Living RoomMain6.58 × 5.36 m

hardwood floor · fireplace

Family RoomMain10.44 × 4.78 m
SunroomMain4.50 × 3.28 m
KitchenMain6.58 × 6.35 m

hardwood floor · fireplace

Bedroom 4Second5.49 × 3.94 m
Dining RoomMain6.58 × 6.58 m

Hardwood Floor

BreakfastMain4.50 × 3.28 m

Hardwood Floor

Bedroom 3Second5.49 × 3.94 m
Primary BedroomSecond5.49 × 4.55 m
Bedroom 2Second4.83 × 4.09 m
Bedroom 5Second6.05 × 4.98 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Morrison · asking prices
$5.52Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,247/sqft; this home lists at $2,190/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
10.95MThis home5.90M6.40M5.19M4.59MThis home vs active comparables

Neighbourhood & location

Morrison, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Ford
$1.81M
Central
$1.43M
Clearview
$1.55M
College Park
$1.81M
Joshua Creek
$2.25M

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

Affordability
$49,906/mo
$2023KIncome needed
5.4×Price ÷ income
$11,517Weekly cost
$260,225Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $49,906Property tax $3,941Total carry $53,847

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$47,950per month

Mortgage amount $8,760,000 · 4.39% over 25 years

$2,190,000Down payment (20.0%)
$8,760,000Loan before insurance
$0CMHC premium
$51,891Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$47,950
Property tax
$3,941
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$51,891

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$260,225
Estimated closing costs
$260,225

Plus your down payment of $2,190,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$58,094/monthPayment at the qualifying rate

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

$5,624,995Total interest paid
$14,384,995Total of all payments
Principal $8,760,000 Interest $5,624,995
YearPrincipalInterestBalance
1$198,228$377,172$8,561,772
2$207,026$368,374$8,354,746
3$216,214$359,186$8,138,532
4$225,810$349,590$7,912,722
5$235,832$339,568$7,676,891
6$246,298$329,101$7,430,592
7$257,230$318,170$7,173,363
8$268,646$306,754$6,904,717
9$280,569$294,831$6,624,148
10$293,021$282,379$6,331,127
11$306,026$269,374$6,025,102
12$319,608$255,792$5,705,494
13$333,793$241,607$5,371,701
14$348,607$226,793$5,023,095
15$364,079$211,321$4,659,016
16$380,237$195,163$4,278,779
17$397,113$178,287$3,881,666
18$414,737$160,663$3,466,929
19$433,144$142,256$3,033,785
20$452,368$123,032$2,581,417
21$472,445$102,955$2,108,972
22$493,413$81,987$1,615,560
23$515,311$60,089$1,100,249
24$538,182$37,218$562,067
25$562,067$13,333$0

At the end of your 5-year term

Total paid over the term
$2,876,999
Principal paid down
$1,083,109
Interest paid
$1,793,890
Balance remaining
$7,676,891

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.

Let's connect

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

Rental yield
Estimate$10,500/mo
$126,000Gross annual rent
0.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.2%
Gross yield
− Property tax $47,291− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $63,449

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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