Address
488 Macdonald Road, Oakville, ON
Price
$ 4,999,000
Property Attributes
  • ID#W13524820
  • TypeSingle Family
  • Listing Status Extension
  • CityOakville
  • Area1013 - OO Old Oakville
  • Neighbourhood1013 - OO Old Oakville
  • Postal CodeL6J 2B9
  • Style2-Storey
  • Taxes$ 23316
  • Price$ 4,999,000
  • Bedrooms4
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3500-5000
  • Lot Size0.821 Acres
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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.

Price History
7/5/2026 Listed $4,999,000

General Features

Sewer Sewer
Cooling Central Air
Roof Cedar
Architectural Style 2-Storey
Pool Features None
Construction Materials Brick
View Trees/Woods
Heater Type Forced Air
Parking Spaces 10
Topography Level,Wooded/Treed
Property Subtype Detached
Tax Year 2026
Lot Depth 270.93
County Halton
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction South
Garage Y/N Yes
Other Structures Garden Shed
Status Extension
City Oakville
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 23316.31
Virtual Tour https://www.youtube.com/watch?v=4E9xUKdDMEc
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 2740000
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

Interior Features

Interior Amenities Other
Basement Full,Finished
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 4
Elevator? No
Total Baths 5
Bedrooms 4
Living Area Range 3500-5000

Exterior Features

Parking Features Circular Drive,Private
Total Parking 13.0
Garage Type Attached
Foundation Details Block
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 3.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in L6J 2B9

Price
AVG $5M
$5M
Taxes
AVG $23,316
$23,316
Visits
AVG 154
301
Data Provided by Inside Real Estate®