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Home · Buy · Oakville · 488 Macdonald Road, Oakville, ON L6J 2B9
488 Macdonald Road, Oakville, ON L6J 2B9
488 Macdonald Road, Oakville, ON L6J 2B9
488 Macdonald Road, Oakville, ON L6J 2B9
488 Macdonald Road, Oakville, ON L6J 2B9
488 Macdonald Road, Oakville, ON L6J 2B9+ 24 photos
For Sale · Detached

488 Macdonald Road, Oakville, ON L6J 2B9

Oakville · 1013 - OO Old Oakville
2-StoreyFull, Finished basementAttached garageSouth exposure
4
Beds
5
Baths
13
Parking
3500-5000
Sq ft
31-50 yrs
Built
The honest picture
List price
$4,999,000
Renavu Estimate
—
Benchmark · 2-Storey Detached
$1,727,700
Listed 189% above the Oakville benchmark for 2-storey detached homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.

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.

Property details

Listed on
July 5, 2026
Days on market
19 days
Property tax
$23,316.31 (2026)
Lot
148.25 × 270.93 Feet
Style
2-Storey
Heating
Forced Air
Cooling
Central Air
MLS®
W13524820

Full details

Parking
GarageAttached
Total parking13
Parking featuresCircular Drive, Private

Room dimensions

RoomLevelDimensionsFeatures
FoyerMain5.18 × 4.04—
Living RoomMain8.59 × 4.62—
Dining RoomMain4.6 × 3.86—
KitchenMain4.6 × 3.78—
Family RoomMain5.44 × 4.37—
SunroomMain4.45 × 4.04—
OfficeMain2.9 × 1.91—
LaundryMain3.61 × 2.9—
BathroomMain—2 Pc Bath
BathroomMain—3 Pc Bath
Primary BedroomSecond4.62 × 3.76Walk-In Closet(s)
SittingSecond4.62 × 2.31—
BathroomSecond—3 Pc Ensuite
BedroomSecond4.57 × 3.86—
BedroomSecond4.57 × 3.89—
BedroomSecond4.42 × 4.04—
BathroomSecond—5 Pc Bath
RecreationBasement8.46 × 4.42—
OfficeBasement5.23 × 4.52—
PlayBasement4.09 × 3.89—
OtherBasement5.08 × 4.37—
Game RoomBasement5.31 × 4.09—
WorkshopBasement5.38 × 5.28—
BathroomBasement—2 Pc Bath
Utility RoomBasement——

Property & sold history

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See this home's sale & listing history

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Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$111,450
Legal · title · inspection$2,800
Closing costs$114,250
Down payment$999,800
Total cash to close$1,114,050
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$4,999,000
MLS® W13524820 · Listed by RE/MAX Escarpment Realty Inc., Brokerage
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated July 16, 2026.

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