19-year old Mansion to be torn down

23894_117019318451039_170973864_n19-year old Mansion to be torn down

1502 Lakeshore Road E., Oakville, Ontario, Canada

Less than five years ago, listed at $45 million, this incomparable private residence was the most expensive listing in Canada.  Known as The Edgemere Estate, this Oakville, Ontario landmark property consisted of 14 acres with nearly 1,000′ of shoreline on Lake Ontario.  The 32,000 square foot residence which offered 9 bedrooms, 17 bathrooms, a 20-seat cinema, expansive games room, and  gourmet kitchen was built by Mattamy Homes president Peter Gilgan in 1994.


The Edgemere grounds date back to 1907 when a Toronto jeweller named James Ryrie purchased the estate to build a rustic country home.  He then commissioned renowned landscape architect Charles Ernest Woolverton to create one-of-a-kind gardens & ponds.  Many of those historic pieces remain on the estate today.


The estate sold to Oakville resident and developer Mark Hewitt for an estimated $35.9 million in 2007/2008.  Hewitt unveiled plans to redevelop the estate by demolishing the main residence and building 10 two and a half storey buildings offering 30 luxury condo units.  Doing this, he planned to leave five historical structures on the property intact.

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Abbey Demolition held a live auction at the property on November 3, 2012 to try and sell as much of the furnishings & architectural pieces as they could.  Their facebook page includes over 100 images of furniture, fixtures, appliances, windows, and other unique pieces that were available.


It’s unclear if the main house has been demolished yet.  Both Google & Bing Maps show it still intact.  Other features of the property included a baseball diamond, private pebble beach, an extended pier for docking large boats, and a boat house with room for two vessels.  For more information on what’s going to replace this residence visit www.Edgemere.ca.


Photos Courtesy of Abbey Demolition.


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