Detached House for sale at 488 Macdonald Road, Oakville, Ontario, L6J 2B9 - Old Oakville - MLS: W13524820

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488 Macdonald Road

Oakville, Ontario, L6J 2B9 - Old Oakville

$4,999,000

Virtual Tour

Neighbourhood

Old Oakville
Major Intersection

Balsam and MacDonald

Listed Since: 12 day(s)
Last update: today

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Overview

Property Type

Detached, 2-Storey
Bedrooms

4
Bathrooms

5
Basement

Full + Finished
Kitchen

1
Total Parking

13 (3 Attached Garage)
Lot Size

148.25x270.93 (Feet)
Taxes

$23,316.31 (2026)
Type

Freehold

Property Description

Property description for 488 Macdonald Road, Oakville

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.

Listed by RE/MAX Escarpment Realty Inc., Brokerage

Property details

MLS #

W13524820
Sq. Ft

3500-5000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Circular, Private
Garage

Attached, 3 spaces
Total Parking

13
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Cedar
Foundation

Block
Elevator

N
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W13524820
Sq. Ft

3500-5000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Circular, Private
Garage

Attached, 3 spaces
Total Parking

13
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Cedar
Foundation

Block
Elevator

N
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Foyer

5.18 x 4.04 ft Main level
Living

8.59 x 4.62 ft Main level
Dining

4.6 x 3.86 ft Main level
Kitchen

4.6 x 3.78 ft Main level
Family

5.44 x 4.37 ft Main level
Sunroom

4.45 x 4.04 ft Main level
Office

2.9 x 1.91 ft Main level
Laundry

3.61 x 2.9 ft Main level
Bathroom

0.0 x 0.0 ft Main level

2 Pc Bath
Bathroom

0.0 x 0.0 ft Main level

3 Pc Bath
Primary

4.62 x 3.76 ft 2nd level

W/I Closet
Sitting

4.62 x 2.31 ft 2nd level
Bathroom

0.0 x 0.0 ft 2nd level

3 Pc Ensuite
Br

4.57 x 3.86 ft 2nd level
Br

4.57 x 3.89 ft 2nd level
Br

4.42 x 4.04 ft 2nd level
Bathroom

0.0 x 0.0 ft 2nd level

5 Pc Bath
Rec

8.46 x 4.42 ft Bsmt level
Office

5.23 x 4.52 ft Bsmt level
Play

4.09 x 3.89 ft Bsmt level
Other

5.08 x 4.37 ft Bsmt level
Games

5.31 x 4.09 ft Bsmt level
Workshop

5.38 x 5.28 ft Bsmt level
Bathroom

0.0 x 0.0 ft Bsmt level

2 Pc Bath
Utility

0.0 x 0.0 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 488 Macdonald Road, Oakville

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Old Oakville

Active listings

Average Selling Price of a Detached

June 2026

$1,886,000

Last 3 Months

$2,882,778

Last 12 Months

$2,727,708

June 2025

$4,300,000

Last 3 Months LY

$4,418,056

Last 12 Months LY

$3,930,408

Change

-56%

Change

-35%

Change

-31%

Historical Average Selling Price of a Detached in Old Oakville

Average Selling Price

3 years ago

$2,682,252

Average Selling Price

5 years ago

$1,857,824

Average Selling Price

10 years ago

$1,954,572

Change

-30%

Change

-4%

How many days Detached takes to sell (DOM)

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

47%

Change

35%

Change

58%

Average Selling price

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Closing Cost Calculator

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Closing Cost Total for this property

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Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.