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$4,999,000
For SaleListed 59 days agoVirtual Tour

488 Macdonald Road, Oakville, ONL6J 2B9

Old Oakville
4
5
3,500–5,000 ft²
Detached13 Parking148.25 × 270.93 ft Lot
Listed by RE/MAX Escarpment Realty Inc., Brokerage

Assigned school

84% EQAO

New Central Public School

Childcare

6 centres

0.5 km closest

Development

2 shown

Active applications within 800 m

Block profile

Nearly all owners

$266k median

Small-area Census counts are randomly rounded by Statistics Canada.

Explore this address →

Property Information

Property TypeDetached
Lot Size148.25 × 270.93 ft
BasementFull, Finished
Parking13 parking spaces · Circular Drive, Private · Attached
Property taxes$23,316/yr (2026)
Days on Market59 Days
Listed DateJul 5, 2026
MLS® NumberW13524820

Monthly Cost

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.

Listing History

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

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 488 Macdonald Road, Oakville, ON L6J 2B9 inside the New Central Public School attendance boundaryView on Map

School Catchments

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Oakville school catchments

Licensed Childcare Nearby

6 licensed centres nearby · closest 459 m

Licensed Child Care Centre
Kids & Company Cornwall
463 Cornwall Road, Oakville
0.5 km
CWELCC
Full day
Operator: Kids & Company Ltd.
Licence #55704·Child Care Centre
Licensed Child Care Centre
The Chartwell House Early Learning Centre
467 Chartwell Road, Oakville
0.5 km
CWELCC
Full day · Half day
Operator: The Chartwell House Early Learning Centre Inc.
Licence #0004227·Child Care Centre
Licensed Child Care Centre
Maclachlan College
337 Trafalgar Road, Oakville
0.8 km
Full day
Operator: Maclachlan School Educational Group Inc.
Licence #62953·Child Care Centre
Licensed Child Care Centre
Ymca New Central Public School Sacc
133 Balsam Drive, Oakville
0.9 km
CWELCC
Before & after school
Operator: Oakville Family Ymca
Licence #0005974·Child Care Centre
Licensed Child Care Centre
Western Heights Montessori Academy
186 Morrison Rd, Oakville
1.1 km
Français
Full day
Operator: 002633409 Ontario Corporation
Licence #57245·Child Care Centre
Licensed Child Care Centre
Dearcroft Montessori School
1167 Lakeshore Road, Oakville
1.2 km
Full day · Half day · Before & after school
Operator: Gordon Phippen
Licence #56327·Child Care Centre

What’s changing nearby

Nearest 2 within 800m

Proposed and recently approved developments near this home, largest first.

All development in this area

Approximate distance based on the municipality’s mapped application location.

Source: Town of Oakville open data, adapted by DistrictIQ. Open Government Licence — Town of Oakville.

Area Checks

Also checked, nothing flagged at this location: provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Not openly mapped for this area (ask the local conservation authority): flood hazard mapping, conservation-regulated areas.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About Old Oakville

View Old Oakville on Market

Who lives here

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

Nearly all
Homeowners
53%
Households with kids
$266,000
Median income
50
Median age
More about this area
2.9
Avg. household size
68%
University degree
28%
Newcomers (immigrants)
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.

Homes for sale nearby

DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Jul 16, 2026
Data sources & legal disclosures

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.

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