488 Macdonald Road, Oakville, ON L6J 2B9, Oakville, ON
Bed 4
Bath 5
Grand Grounds. Timeless Elegance. Extraordinary Potential.An exceptional opportunity in one of Olde Oakville's most prestigious neighbourhoods. Tucked behind private gates and nestled beneath a magnificent canopy of mature trees, this beautifully landscaped and increasingly rare 0.82-acre estate offers over 7,100 square feet of living space in an irreplaceable setting just moments from Downtown Oakville.Approached by a sweeping circular drive, the timeless brick residence immediately impresses with its classic Colonial Williamsburg-inspired architecture, elegant symmetry, and commanding presence. Beyond the front entrance, peaceful views of the private pond and lush landscape create a tranquil, park-like retreat rarely found in such a coveted urban location.Custom built in 1980, this stately four-bedroom residence offers an extraordinary opportunity to reimagine an exceptional property. Offered in "as is" condition, the home presents the perfect canvas for those looking to undertake a significant renovation, thoughtfully restore its timeless character, or explore the opportunity to create a magnificent custom estate (subject to all necessary approvals). Whether preserving its enduring architectural charm or designing an entirely new vision, the possibilities are truly exceptional.The expansive grounds provide an incredible backdrop for family living, entertaining, and creating lasting memories for generations to come. Properties offering this rare combination of land, privacy, scale, and location are becoming increasingly difficult to find.Ideally situated within one of Oakville's most sought-after school districts and just a short walk to Downtown Oakville, the Oakville GO Station, public and private schools, Post Park, Whole Foods, Longo's, boutique shopping, restaurants, and the lakefront, this is more than an exceptional property-it is a rare opportunity to create a legacy estate in one of Olde Oakville's most coveted locations.
Property Highlights
For Sale
MLS NO.
W13524820
Type
Residential Freehold
Sub Type
Detached
Bedrooms
4
Bathrooms
5
Parking
13.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
W13524820
Living Area Range
3500-5000
Total Bedrooms
4
Bedrooms Above Grade
4
Total Bathrooms
5
Total Kitchens
1
Kitchens Above Grade
1
Rooms Above Grade
17
Rooms Below Grade
7
Interior Features
Other
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Cedar
Lot Width
148.25
Lot Size
0.821
Lot Size Units
Acres
Parking Features
Circular Drive, Private
Parking Total
13.0
Covered Spaces
3.0
Garage Type
Attached
Garage
Yes
Pool
None
Direction Facing
South
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
488 Macdonald Road, Oakville, ON L6J 2B9
City
Oakville
Neighbourhood
1013 - OO Old Oakville
County / Region
Halton
Province / State
ON
Postal Code
L6J 2B9
Cross Street
Balsam and MacDonald
Directions
MacDonald Road between Balsam and Chartwell
Country
CA
List Price
$4,999,000
Annual Taxes
$23,316
Tax Year
2026
Legal Description
LT 59, PL 1009 ; OAKVILLE 148.25 ft x 124.51 ft x 27.75 ft x 144.68 ft x 119.62 ft x 270.93
Possession Type
Flexible
Possession Details
Flexible
Listing Office
RE/MAX Escarpment Realty Inc., Brokerage
Board
Oakville, Milton & District Real Estate Board
Original Entry
2026-07-05T22:35:41Z
Media Updated
2026-07-14T15:05:31Z
Photos Updated
2026-07-14T15:05:31Z
Last Modified
2026-07-16T14:48:09Z
System Modified
2026-07-16T14:48:09.863297Z
MLS Status
New
Architectural Style
2-Storey
Basement
Full, Finished
Co List Office Name
RE/MAX Escarpment Realty Inc., Brokerage
Ddfyn
Yes
Expiration Date
2026-09-25
Foundation Details
Block
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Link Yn
No
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
248100093
Parking Spaces
10
Public Remarks
Grand Grounds. Timeless Elegance. Extraordinary Potential.An exceptional opportunity in one of Olde Oakville's most prestigious neighbourhoods. Tucked behind private gates and nestled beneath a magnificent canopy of mature trees, this beautifully landscaped and increasingly rare 0.82-acre estate offers over 7,100 square feet of living space in an irreplaceable setting just moments from Downtown Oakville.Approached by a sweeping circular drive, the timeless brick residence immediately impresses with its classic Colonial Williamsburg-inspired architecture, elegant symmetry, and commanding presence. Beyond the front entrance, peaceful views of the private pond and lush landscape create a tranquil, park-like retreat rarely found in such a coveted urban location.Custom built in 1980, this stately four-bedroom residence offers an extraordinary opportunity to reimagine an exceptional property. Offered in "as is" condition, the home presents the perfect canvas for those looking to undertake a significant renovation, thoughtfully restore its timeless character, or explore the opportunity to create a magnificent custom estate (subject to all necessary approvals). Whether preserving its enduring architectural charm or designing an entirely new vision, the possibilities are truly exceptional.The expansive grounds provide an incredible backdrop for family living, entertaining, and creating lasting memories for generations to come. Properties offering this rare combination of land, privacy, scale, and location are becoming increasingly difficult to find.Ideally situated within one of Oakville's most sought-after school districts and just a short walk to Downtown Oakville, the Oakville GO Station, public and private schools, Post Park, Whole Foods, Longo's, boutique shopping, restaurants, and the lakefront, this is more than an exceptional property-it is a rare opportunity to create a legacy estate in one of Olde Oakville's most coveted locations.
