The Map: who lives where along Oakville’s astronomically wealthy waterfront
Twenty-one years ago, Mattamy Homes construction tycoon Peter Gilgan razed an estate on Oakville’s waterfront and built a $36-million, 17-bathroom, 32,000-square-foot palace with Downton Abbey acreage. He sparked something of a mega-mansion building spree. Today, the lakeside stretch between Winston Churchill Boulevard and Sixteen Mile Creek is an ode to conspicuous consumption, with an average price per square foot that puts the Bridle Path to shame. Here, the seven envy-inducing homes that define the strip.
1 | THE HOUSE THAT FUNGI BUILT
154 Brookfield Crescent
The owner: Malvinder Singh, chairman of Agro Dutch, one of the world’s largest canned mushroom producers.
The house: Singh is transforming the existing house into an ultra-modern mansion. Plans include an infinity pool protected by glass walls that slide from hidden pockets to provide a buffer from the wind off the lake. Multimillionaire investor Eric Sprott lived here for 26 years before he sold the house to Singh for $8 million in 2012. It’s said to have one of the coast’s best views because it’s situated where the shoreline bends east, allowing a clear shot of Toronto’s sparkling lights at night.
2 | THE HOUSE THAT BANKING BUILT
100 Lisonally Court
The owner: Matthew Barrett was CEO of BMO and head of Barclays before retiring from banking in 2006 and moving to the Gold Coast. He now sits on the board of Harry Winston.
The house: It’s dotted with multiple fireplaces, an outdoor saltwater pool and a pantry that doubles as a bar. The $10.8-million property includes a 2.3-hectare ravine with trails.
3 | THE HOUSE THAT REAL ESTATE BUILT
1038 Argyle Drive
The owner: Jennifer Gilgan, ex-wife of Peter Gilgan, founder of Mattamy Homes.
The house: In 2012, five years after the Gilgans sold their Gold Coast mansion, Edgemere, Jennifer Gilgan purchased two nearby lots for $24.5 million—one with a luxurious home, the other to accommodate a tennis court.
4 | THE HOUSE THAT BEER BUILT
1150 Lakeshore Road East
The owner: Hugo Powell, ex–big shot at Interbrew and Labatt.
The house: Powell, with the help of Gold Coast real estate king Christopher Invidiata, cobbled together three adjacent lots to assemble a property big enough for Powell’s outsize vision, at a cost of $50 million. The 47,000-square-foot house is an homage to Anne Boleyn’s ancestral home. It includes a bowling alley, gym, sauna, dance floor, movie theatre, library with spiral staircase, wine cellar, chapel, tennis court and pool house that doubles as a residence for the in-laws. Powell named the estate Chelster Hall, but Oakvillians call it “the beer house.”
5 | THE HOUSE THAT CAR PARTS BUILT
1198 Lakeshore Road East
The owner: Magna auto parts inventor Klaus Bytzek.
The house: Former Microsoft Canada president Frank Clegg built the 26,000- square-foot house—valued at $30 million—only to discover his wife was allergic to the carpets and finishing chemicals, so they sold to Bytzek. The place features an indoor pool, a tricked-out basement featuring a vintage Porsche, and a two-storey coach house.
6 | THE HOUSE THAT CABINETS BUILT
2054 Lakeshore Road East
The owner: Michael Selim, president of TechCraft Manufacturing, which designs furniture that integrates electronics.
The house: Selim installed a virtual-reality driving range under his garage. Images of the world’s top golf courses are projected on a wall while sensors detect the speed and trajectory of his swing. His terraced back garden descends gradually to the lake. The property is currently valued at $15 million.
7 | THE HOUSE THAT I.T. BUILT
2100 Lakeshore Road East
The owner: Martin Lippert, executive VP and IT guru at MetLife. While at RBC, he out-earned CEO Gord Nixon.
The house: Lippert bought the house, which is currently listed for $17 million, from former Nortel CEO Frank Dunn. It’s wired to allow Lippert to adjust the blinds, control the temperature and operate the stereo from his smartphone. He installed an infinity pool and a private harbour with an automated boat ramp that can move a yacht of up to 28 feet from the lake to the boathouse at the push of a button.