$4,999,000
For SaleNEW · Listed 3h ago

488 Macdonald Road

Oakville, ONL6J 2B9
Old Oakville
4 Bedrooms
5 Bathrooms
3,500–5,000 ft²
Detached13 Parking148.25 × 270.93 ft Lot

Listing History

Event
Date
Price
Listed
Jul 5, 2026
$4,999,000

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Sold & closed data

Sold and closed listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx through the VOW (Virtual Office Website) data feed and is shown only to registered consumers with a bona fide real estate interest. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, and is subject to errors, omissions, change or withdrawal. It must be independently verified.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

MLS®, Multiple Listing Service® and the associated listing data are owned by the Toronto Regional Real Estate Board (TRREB) and PropTx and are protected by copyright. Used under licence; all rights reserved.

Property Information

Property TypeDetached
Bedrooms4
Bathrooms5
Size3,500–5,000 ft²
Lot Size148.25 × 270.93 ft
BasementFull, Finished
Parking13 parking spaces · Circular Drive, Private
GarageAttached
Annual Property Tax$23,316 /yr (2026)
Days on Market1 Day
Listed DateJul 5, 2026
Updated DateJul 5, 2026
MLS® NumberW13524820
BrokerageRE/MAX Escarpment Realty Inc., Brokerage
Data SourcePropTx (MLS®)
StatusFor Sale
CommunityOld Oakville
MunicipalityOakville

Location

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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.

Monthly Cost

Estimated monthly cost
$25,203/mo
20% down • 5.00% rate • 25 yr • incl. tax

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About Old Oakville

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Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

Median household income
$266,000
Homeowners
100%
Households with kids
53%
Median age
50
Avg. household size
2.9
University degree
68%
Newcomers (immigrants)
28%
Age profile499 residents
Under 2024%
20–3411%
35–6439%
65+26%

StatCan 2021 Census · this home’s dissemination area (DA 35240206). Values are randomly rounded by Statistics Canada for privacy.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Jul 5, 2026

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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 identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Used under licence.

DistrictIQ Inc., Brokerage · © 2026 DistrictIQ Inc.

This website is not intended to solicit persons currently under contract with a brokerage.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.