Home with brick exterior material, street for 488 Macdonald Rd, Oakville Ontario L6J 2B9
6 hours on Market

488 Macdonald Rd, Oakville, Ontario L6J 2B9

Detached
4
5
~3500-5000 sqft
$4,999,000
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Detached
4
5
~3500-5000 sqft

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Highlights

Property Estimate

Days on market6 hours

Estimated valueNot available

Price/Sqft$1,214/sqft

Monthly cost

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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.


Property Details

Style2-Storey
ViewTrees/Woods
Age of property31-50
SqFt~3500-5000 SqFt
Lot Size40,165 SqFt(270.93 x 148.25)
Parking Spaces13
MLS ®NumberW13524820
Community NameOld Oakville
Data SourceTRREB
Listing byRE/MAX Escarpment Realty Inc., Brokerage

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Finished

Main Floor

Foyer

5.18 x 4.04

Living

8.59 x 4.62

Dining

4.6 x 3.86

Kitchen

4.6 x 3.78


Features

Lot size: 40,165 SqFt

Parking

Garage spaces 3

Garage type Attached

Other parking spaces 10

Total parking spaces 13


Property History

Jul 6, 2026
ListedActive
$4,999,000
6 hours on market
history photo preview27
Listing by trreb®
Property listed by RE/MAX Escarpment Realty Inc., Brokerage, Brokerage
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Market Data - Old Oakville

Geo Zone Map ThumbnailOld Oakville

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2025

21 days

2024

30 days

2023

31 days

New Listings

Past 30 days

18 listings

Compared to

2025

39 listings

2024

28 listings

2023

24 listings

Units sold

Past 30 days

9 units

Compared to

2025

13 units

2024

5 units

2023

14 units

Median Sold Price

Past 30 days

$1,710,000

Compared to

2025

$2,140,000

2024

$1,900,000

2023

$1,758,500


Population and Demographics

Overview

Total population 12340
Average household income $232,063

Age (%)

0 to 19
17%
20 to 34
17%
35 to 49
17%
50 to 64
22%
65 and plus
26%

Household composition (%)

Single family
57%
Single person
39%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
80%
Portuguese
2%
Arabic
2%
Mandarin
2%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Spanish
2%
French
2%
Polish
1%
Italian
1%

House tenancy (%)

Renters
52%
Owners
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget