Lavish $39 million Ontario mansion comes with stunning fountains and private dock

Oakville's waterfront has long been a playground for the astronomically wealthy—think Bridle Path, but with fewer rappers and more bank CEOs and boardroom titans.

And 2054 Lakeshore Rd. East might just be the crown jewel of this elite lakeside enclave.

Recently listed for a staggering $39,000,000, this mega-estate is reported to be owned by Michael Selim, who was the former president of TechCraft Manufacturing, a company that integrated electronics into furniture.

The driveway and manicured gardens. 

But now the former furniture mogul has put his own masterpiece on the market. And it is nothing short of spectacular.

The dock overlooking the lake. 

Perched on 1.5 acres of pristine lakefront, this home boasts 166 feet of private shoreline, a dock, and a stairway that leads directly into Lake Ontario.

An aerial view of the property. 

It's less a house and more a private resort.

The primary bedroom. 

Designed by architect Gren Weis and built by Coulson Fine Homes, the property is a masterclass in lavish living, featuring seven bedrooms, 13 bathrooms, and a staggering 18,764 square feet of interior space.

The foyer. 

The limestone-clad grand foyer makes an elegant first impression and sets the tone for the rest of the home. 

The family room. 

As you'd expect, the house is impeccably designed and built, with soaring 12-foot ceilings, rich Brazilian walnut floors, and custom cabinetry everywhere.

The living and dining room. 

The open-concept living and dining areas are framed by jaw-dropping lake views, perfect for intimate dinner parties — or extravagant galas if that's more your speed.

The covered terrace overlooks the water. 

Step onto the covered terrace and you'll be greeted by "Bellagio-inspired" fountains and a waterfall.

The kitchen. 

The kitchen flows into a plush family room with a fireplace and even more lakefront views, but if you're craving something a little more thrilling, just head downstairs.

The gym that walks out to the pool. 

The lower level is a full-blown entertainment complex, featuring a full gym with a steam room and direct pool access, a wine cellar, home theatre, catering kitchen, games room, and the pièce de résistance: a virtual golf simulator built directly underneath the garage.

The golf simulator. 

It has been reported that the golf simulator is no toy: it uses projected images of world-famous courses and sensors that track your swing speed and trajectory. So yes, you can play St. Andrew, Augusta, or Pebble Beach in your slippers.

A bedroom. 

There's also a private two-bedroom nanny suite with a separate entrance on the lower level.

The upper level of the house with custom cabinetry. 

And with a place this big, the home also comes with an elevator serving all five levels, because walking is optional when your house is this extra.

The infinity pool. 

Outside, the estate is wrapped in manicured landscaping, there are multiple outdoor entertaining spaces, an infinity-edge pool, and a power-screened sunroom.

The garages. 

Need parking? There are "His & Her" double-car garages, plus room for 20 or more vehicles on the circular driveway. So go ahead, invite the whole board of directors, or just host your own car show.

An office. 

Listed as a "luxury certified" estate, this property is more than just a home – it's a lifestyle flex, a fortress of extravagance, and possibly one of the most jaw-dropping, if not expensive, homes for sale in southern Ontario right now.

The front of the house. 

And if you've got $39 million burning a hole in your pocket, it could be yours.