Gurvinder Nokwal REALTOR®
For Sale Detached 105 days on market

$4,999,000

Est. payment $22,134/moCalculate yours

488 Macdonald Road, Oakville, ON L6J 2B9

1013 - OO Old Oakville, Oakville, ON L6J 2B9

  • 4 Beds
  • 5 Baths
  • 3 Garage
  • 3,500 Sq Ft

Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage MLS® W13524820

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

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
Extension
Approximate Age
31-50
Size
3,500 sqft

Interior

Bedrooms
4
Bathrooms
5
Kitchens
1
Basement
Full, Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Block
Roof
Cedar
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
148.25 x 270.93 Feet
Parking
Attached garage · 13 total
Zoning
RL1-0

Financial

Property Taxes
$23,316 (2026)

Location

Neighbourhood
1013 - OO Old Oakville
Cross Street
Balsam and MacDonald
Direction Faces
South

Listing

MLS® Number
W13524820
Days on Market
105
Listed On
2026-07-05
Possession
Flexible
Listed By
RE/MAX Escarpment Realty Inc., Brokerage

Rooms

Room Level Dimensions
Foyer Main 17′ 0″ × 13′ 3″
Office Basement 17′ 2″ × 14′ 10″
Bathroom Main -
Bedroom Second 15′ 0″ × 12′ 8″
Dining Room Main 15′ 1″ × 12′ 8″
Bathroom Basement -
Bathroom Main -
Bathroom Second -
Family Room Main 17′ 10″ × 14′ 4″
Bedroom Second 15′ 0″ × 12′ 9″
Recreation Basement 27′ 9″ × 14′ 6″
Office Main 9′ 6″ × 6′ 3″
Workshop Basement 17′ 8″ × 17′ 4″
Bathroom Second -
Kitchen Main 15′ 1″ × 12′ 5″
Play Basement 13′ 5″ × 12′ 9″
Utility Room Basement -
Sunroom Main 14′ 7″ × 13′ 3″
Bedroom Second 14′ 6″ × 13′ 3″
Laundry Main 11′ 10″ × 9′ 6″
Primary Bedroom Second 15′ 2″ × 12′ 4″
Game Room Basement 17′ 5″ × 13′ 5″
Living Room Main 28′ 2″ × 15′ 2″
Sitting Second 15′ 2″ × 7′ 7″
Other Basement 16′ 8″ × 14′ 4″

Features

Interior

  • Other

Pool

  • None
Included
All appliances (except as noted), all window coverings, all electric light fixtures, central vacuum (as is), cabinets in garage
Excluded
Horse posts at front entry, washer, dryer, television and bracket in family room
Rental items
Hot water tank

Mortgage calculator

Minimum for this price: $999,800 (20%)

Amortization, years

Estimated mortgage payment

$22,134 per month

Principal and interest
$22,134
Property tax
$1,943
Estimated monthly cost
$24,078

Your mortgage

Mortgage amount
$3,999,200
Mortgage insurance
Not needed
Interest over 25 years
$2,641,147

Cash to close

Down payment
$999,800
Land transfer tax
$111,450
Total, before legal fees
$1,111,250
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

488 Macdonald Road, Oakville, ON L6J 2B9 1013 - OO Old Oakville, Oakville, ON L6J 2B9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,999,000 488 Macdonald Road, Oakville, ON L6J 2B9
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