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Single Family Detached · Listed 20 days ago

488 Macdonald Oakville,ON L6J 2B9

Oakville, ON, Canada

4 Beds5 Baths5,000–5,000 sqft1980 Built

List price

$4,999,000

Why This Property?

Old Oakville estate on 0.82 acres with over 7,100 sq. ft. of living space, 4 bedrooms and 5 baths. Behind private gates, it features a circular drive, brick Colonial Williamsburg-inspired architecture, a private pond and mature landscaping moments from downtown Oakville and Lakeshore West GO.

Facts & Features

Bedrooms & bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full: 5
  • Half: 0

Living Area

  • 5,000–5,000 sqft

Stories

Lot size

  • 0.174 acres

Year built

  • 1980

Property type

  • Single Family Detached

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      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.

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      More Listings

      Listing Broker

      RE/MAX Escarpment Realty Inc., Brokerage

      MLS® TRREB · Listing #W13524820

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      How close is this property to downtown Oakville?
      The home is described as being just moments from Downtown Oakville, placing harbour and core amenities nearby.
      Which schools and transit should buyers confirm here?
      Old Oakville school boundaries vary by address, so confirm HDSB and HCDSB schools directly. Lakeshore West GO service is commonly used in Oakville.
      What is the typical buying process for a detached home in Oakville?
      In Oakville, buying a detached home usually follows the standard Ontario process: get pre-approved financing, work with a realtor to shortlist properties and review comparable sales, arrange viewings and inspections, submit an offer (often including conditions as applicable), and complete legal due diligence with your lawyer/notary. Because many homes are in mature neighbourhoods, it’s also common to pay extra attention to lot size, servicing (water/sewer), roof/HVAC age, and general maintenance history.
      Which Oakville neighbourhood areas are popular for families, and what should I consider?
      Detached homes in Oakville are commonly chosen by families for established streets, larger lots, and access to schools, parks, and everyday amenities. When comparing neighbourhoods, consider proximity to major roads for commuting, nearby parkland/trails (especially around waterfront and municipal park systems), the character of the area (older versus newer pockets), and how convenient local services are for daily routines like groceries, recreation, and schools.
      How is transit and commuting in Oakville, especially if I work around Toronto?
      Oakville benefits from both local bus service and regional rail along the Lakeshore West corridor. The Oakville GO Station area in Midtown is a key access point for commuters, and ongoing service improvements support more frequent connections. If you commute to Toronto, look at travel times during your typical departure windows and verify transfer options through local transit connections for the most reliable door-to-door route.
      What outdoor amenities and lifestyle features are common in Oakville detached-home areas?
      Many detached neighbourhoods offer a strong “everyday outdoors” lifestyle—large municipal parkland, trails, and family-friendly recreation. Oakville is also known for waterfront access to Lake Ontario, including popular public spaces like Coronation Park. As you tour, check for walkability to parks, proximity to trails, and whether the area supports cycling and weekend activities for families.