488 Macdonald Road, Oakville, ON L6J 2B9
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.
Foyer
5.18 x 4.04
Main
Living Room
8.59 x 4.62
Main
Dining Room
4.6 x 3.86
Main
Kitchen
4.6 x 3.78
Main
Family Room
5.44 x 4.37
Main
Sunroom
4.45 x 4.04
Main
Office
2.9 x 1.91
Main
Laundry
3.61 x 2.9
Main
Bathroom
2 Pc Bath
0 x 0
Main
Bathroom
3 Pc Bath
0 x 0
Main
Primary Bedroom
Walk-In Closet(s)
4.62 x 3.76
Second
Sitting
4.62 x 2.31
Second
Bathroom
3 Pc Ensuite
0 x 0
Second
Bedroom
4.57 x 3.86
Second
Bedroom
4.57 x 3.89
Second
Bedroom
4.42 x 4.04
Second
Bathroom
5 Pc Bath
0 x 0
Second
Recreation
8.46 x 4.42
Basement
Office
5.23 x 4.52
Basement
Play
4.09 x 3.89
Basement
Other
5.08 x 4.37
Basement
Game Room
5.31 x 4.09
Basement
Workshop
5.38 x 5.28
Basement
Bathroom
2 Pc Bath
0 x 0
Basement
Utility Room
0 x 0
Basement
Interior features
Other
Basement
Full, Finished
Bathrooms
1 × 2-piece — Main, 1 × 3-piece — Main, 1 × 3-piece — Second, 1 × 5-piece — Second, 1 × 2-piece — Basement
Fireplace
Yes
Family room
Yes
Kitchens
1
Rooms (above / below grade)
17 above, 7 below
Approximate age
31-50
Architectural style
2-Storey
Construction materials
Brick
Foundation
Block
Roof
Cedar
Direction faces
South
Garage type
Attached
Garage spaces
3
Total parking spaces
13
Driveway parking
10
Parking features
Circular Drive, Private
Lot size
148.25 x 270.93 ft
Lot size area
0.821 Acres
Cross street
Balsam and MacDonald
Directions
MacDonald Road between Balsam and Chartwell
Neighbourhood
1013 - OO Old Oakville
Heating
Forced Air — Gas
Cooling
Central Air
Water
Sewer
Sewer
List price
$4,999,000
Original list price
Annual taxes
$23,316
Tax year
2026
Assessed value
$2,740,000
Assessment year
2026
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
Inclusions
Exclusions
MLS #
W13524820
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Detached
Days on market
List date
Possession
Flexible
Occupancy
Owner
Listing brokerage
RE/MAX Escarpment Realty Inc., Brokerage
Co-listing brokerage
RE/MAX Escarpment Realty Inc., Brokerage
$3,790,000
Median list price
21
Active listings
New in last 30 days
Median days on market
Estimated monthly payment
$23,965
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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