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Detached for sale at 488 Macdonald Road, Oakville - 4 bedroom, 5 bathroom - Photo 1 of 42
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Detached for sale at 488 Macdonald Road, Oakville - 4 bedroom, 5 bathroom - Photo 36 of 42
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$4,999,000

488 Macdonald Rd

Oakville, ON L6J 2B9

488 Macdonald Rd, OakvilleListed at $4,999,000. 4 bedroom, 5 bathroom 2-Storey. MLS® W13524820.

4Beds
5Baths
3500-5000sqft
2-Storey
13Parking
$23,316.31 (2026)

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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.

Property Details

Property TypeDetached
Style2-Storey
Community1013 - OO Old Oakville
Approximate Age31-50
Rooms17+7
Kitchens1
Washrooms5
Square Feet3500-5000 sqft
Lot Size0.82 acres (35,763 sq ft)
Lot Dimensions148.25 × 270.93 ft
Lot Size Area0.821 sqft (MPAC)
Fronting OnSouth
Dir/Cross StBalsam and MacDonald
ViewTrees/Woods
Garage TypeAttached
Garage Parking Spaces3
DriveCircular Drive, Private
Parking Drive Spaces10
Total Parking Spaces13
ExteriorBrick
RoofCedar
FoundationBlock
BasementFull, Finished
Fireplace FeaturesYes
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2026)$23,316.31
HSTIncluded In
Other StructuresGarden Shed
Listed Date7/5/2026
Days on Market12 days
PossessionFlexible

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Listing Courtesy of: RE/MAX Escarpment Realty Inc., Brokerage

MLS® #W13524820

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 488 Macdonald Road

This detached (2-Storey) is located in the 1013 - OO Old Oakville neighbourhood of Oakville.

The home offers 4 bedrooms, 5 bathrooms.

Features include a full, finished basement, 13 parking spaces including a 3-car garage, a fireplace.

Additional details: lot dimensions of 148.25 × 270.93 feet.

Listed at $4,999,000 CAD with annual property taxes of $23,316.31 (2026).

About Oakville Real Estate

This Detached is located in the 1013 - OO Old Oakville community in Oakville. Oakville is an affluent lakefront town in Halton Region known for heritage estates in Old Oakville, a thriving downtown core along Lakeshore Road, and excellent schools. The QEW provides quick access to Toronto and Hamilton, while the Oakville GO station offers 30-minute service to Union. It consistently ranks among Canada's best places to live. Detached homes in Oakville are in high demand among families seeking space, privacy, and long-term equity growth.

Lakefront trails & Bronte HarbourTop-ranked Halton District School Board30-minute GO Train to Union StationBoutique shops along Lakeshore Road
~35 min commute to downtown TorontoWalkability: Walkable downtown — suburban outer areas
View full Oakville neighbourhood guide →