For sale28 photos

For sale
488 MACDONALD ROAD
MLS® W13524820 · 72 days on market · Active
$4,999,000
Inquire about this propertyGrand 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. (id:67193)
Kerrland Realty Group
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Kerri LuSales Representative · Team Leader(289) 971-1362Estimate the monthly payment on this price. Adjust the down payment, rate and amortisation to see what changes.
Monthly payment
$22,671
Not included
Property tax, condo maintenance fees and home insurance are paid separately and are not part of this payment. Budget for them alongside it.
CMHC premium schedule as of 2026-08-18. Estimate only — not financial advice. Actual payments, insurance premiums and approval depend on your lender.
Land Transfer Tax — pre-filled with this price.

Neighbourhoods
A lakeshore town in Halton Region with a walkable downtown, harbour, and mature residential streets.
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Kerrland Realty Group
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| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 5.18 x 4.04 |
| Primary Bedroom | Second level | 4.62 x 3.76 |
| Sitting room | Second level | 4.62 x 2.31 |
| Bathroom | Second level | |
| Bedroom | Second level | 4.57 x 3.86 |
| Bedroom | Second level | 4.57 x 3.89 |
| Bedroom | Second level | 4.42 x 4.04 |
| Bathroom | Second level | |
| Recreational, Games room | Basement | 8.46 x 4.42 |
| Office | Basement | 5.23 x 4.52 |
| Playroom | Basement | 4.09 x 3.89 |
| Living room | Main level | 8.59 x 4.62 |
| Other | Basement | 5.08 x 4.37 |
| Games room | Basement | 5.31 x 4.09 |
| Workshop | Basement | 5.38 x 5.28 |
| Dining room | Main level | 4.6 x 3.86 |
| Bathroom | Basement | |
| Utility room | Basement | |
| Kitchen | Main level | 4.6 x 3.78 |
| Family room | Main level | 5.44 x 4.37 |
| Sunroom | Main level | 4.45 x 4.04 |
| Office | Main level | 2.9 x 1.91 |
| Laundry room | Main level | 3.61 x 2.9 |
| Bathroom | Main level | |
| Bathroom | Main level |