For sale 50$4,999,000
488 Macdonald Road
Old Oakville, Oakville, Ontario L6J2B9
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- W13524820
- Added
- Jul 5, 2026 ()
- Updated
- Jul 16, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Detached
- Storeys
- 2
- Ownership
- Freehold
Inside
- Bedrooms
- 4
- Bathrooms
- 5
- Half baths
- 2
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- Yes (3)
- Appliances
- All, Central Vacuum, Window Coverings
- Features
- Wooded area, Level
Building
- Basement
- Finished, Full
- Exterior
- Brick
- Foundation
- Block
- Parking
- Attached Garage, Garage · 13 spaces
Land
- Lot size
- 148.3 x 270.9 ft
- Zoning
- RL1-0
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Balsam and MacDonald
- Directions
- MacDonald Road between Balsam and Chartwell.
Running costs
- Annual property tax (2026)
- $23,316
Rooms
| Foyer | Main level | 5.18 x 4.04 m |
| Primary Bedroom | Second level | 4.62 x 3.76 m |
| Sitting room | Second level | 4.62 x 2.31 m |
| Bathroom | Second level | 0 x 0 m |
| Bedroom | Second level | 4.57 x 3.86 m |
| Bedroom | Second level | 4.57 x 3.89 m |
| Bedroom | Second level | 4.42 x 4.04 m |
| Bathroom | Second level | 0 x 0 m |
| Recreational, Games room | Basement | 8.46 x 4.42 m |
| Office | Basement | 5.23 x 4.52 m |
| Playroom | Basement | 4.09 x 3.89 m |
| Living room | Main level | 8.59 x 4.62 m |
| Other | Basement | 5.08 x 4.37 m |
| Games room | Basement | 5.31 x 4.09 m |
| Workshop | Basement | 5.38 x 5.28 m |
| Dining room | Main level | 4.6 x 3.86 m |
| Bathroom | Basement | 0 x 0 m |
| Utility room | Basement | 0 x 0 m |
| Kitchen | Main level | 4.6 x 3.78 m |
| Family room | Main level | 5.44 x 4.37 m |
| Sunroom | Main level | 4.45 x 4.04 m |
| Office | Main level | 2.9 x 1.91 m |
| Laundry room | Main level | 3.61 x 2.9 m |
| Bathroom | Main level | 0 x 0 m |
| Bathroom | Main level | 0 x 0 m |
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