43.4589° N · 79.6695° W — Old Oakville, Oakville — MLS® #W13524820
488 Macdonald Rd
$4,999,000
Old Oakville, Oakville, Ontario L6J 2B9
- 4
- BedroomsBeds
- 5
- BathroomsBaths
- 3500-5000 sqft3500-5000
- SizeSq ft
- 148.25 x 270.93 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
488 Macdonald Rd is a 4-bedroom, 5-bathroom detached house in Old Oakville, Oakville, listed for sale at an asking price of $4,999,000 (MLS® W13524820).
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.
Listing readings
How it measures up
Scores from the listing record and the market around it.
56Fair
Condition score
Listing notes possible renovation needs
Listing age, structured features and disclosed update language; not an inspection.
5Shortfall
Cash flow quality
−$19,800/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 63 detached homes with 4 bedrooms for lease in Oakville right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $23,316 / 2026
- MLS® number
- W13524820
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 31-50
- Time on market
- Size
- 3500-5000 sqft
- Lot Size
- 148.25 x 270.93 ft
- Listed on
- Parking
- 3 Attached, 13 Parking
Listing history
Listing activity for 488 Macdonald Rd, Oakville, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $4,999,000 | N/A | Ext | W13524820 |
Inside
Room by room
From the listing.
- Foyer4.04 × 5.18 m
- Living4.62 × 8.59 m
- Dining3.86 × 4.6 m
- Kitchen3.78 × 4.6 m
- Family4.37 × 5.44 m
- Sunroom4.04 × 4.45 m
- Office1.91 × 2.9 m
- Laundry2.9 × 3.61 m
- Bathroom0.0 × 0.0 m2 Pc Bath
- Bathroom0.0 × 0.0 m3 Pc Bath
- Primary3.76 × 4.62 mW/I Closet
- Sitting2.31 × 4.62 m
- Bathroom0.0 × 0.0 m3 Pc Ensuite
- Br3.86 × 4.57 m
- Br3.89 × 4.57 m
- Br4.04 × 4.42 m
- Bathroom0.0 × 0.0 m5 Pc Bath
- Rec4.42 × 8.46 m
- Office4.52 × 5.23 m
- Play3.89 × 4.09 m
- Other4.37 × 5.08 m
- Games4.09 × 5.31 m
- Workshop5.28 × 5.38 m
- Bathroom0.0 × 0.0 m2 Pc Bath
- Utility0.0 × 0.0 m
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Old Oakville
- Municipality
- Oakville
Building
- Size
- 3500-5000 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 5
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc Main, 1 × 3pc 2nd, 1 × 5pc 2nd, 1 × 2pc Bsmt
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Circular, Private
- Garage Type
- Attached
- Garage
- 3
- Additional Parking
- 10
- Total Parking
- 13
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 148.25 ft
- Depth
- 270.93 ft
- Lot Size
- 148.25 x 270.93 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Oakville GO | GO Transit train: Lakeshore West | 1.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Detached in Old Oakville
Active listings only, today.
Detached homes for sale in Old Oakville right now
- For sale now
- 27
- Median asking price
- $4.1M
- New in 7 days
- 1
- Price cuts
- 19%
Middle half: $2.87M to $5.24M
7 in 28 days
5 listings
This home is asking 22% above the median.
See all homes in Old OakvilleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- railOn recordNearest rail line: 620 m
- transitOn recordTransit stop within 400 m From the transit agency’s published stop map; the nearest is 260 m away. Routes and stops change; check the agency’s schedule.
- trailOn recordA trail on the Ontario trail network within 1 km
- water wellsNone in rangeNo water-supply well recorded within 250 m
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Dana Canada Corporation — Dana Oakville Kerr, 2.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Oakville Hydro Electricity Distribution Inc.
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 80 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Conservation Halton or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Town of Oakville.
Lot
- Lot area
- 40,165 sq ft3,731 m²
- Street frontage
- 148.25 ft45.2 m
- Depth
- 270.93 ft82.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land transfer tax on this home
- Ontario land transfer tax
- $111,450
- Total land transfer tax
- $111,450
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $107,450
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $4,999,000
- $74,975
- Ontario total
- $111,450
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- New Central Public SchoolHalton DSBPublic · grades JK–690%Grade 6 average850 m
- St. Vincent Catholic Elementary SchoolHalton CDSBCatholic · grades JK–876%Grade 6 average1.3 km
- E J James Public SchoolHalton DSBPublic · grades 1–8 · French Immersion93%Grade 6 average1.4 km
- École élémentaire du ChêneConseil scolaire ViamondeFrench-language public · grades JK–699%Grade 6 average2 km
SecondaryGrade 9 math 2024–25
- Oakville Trafalgar High SchoolHalton DSBPublic · grades 9–12 · French Immersion86%Grade 9 math2 km
- White Oaks Secondary SchoolHalton DSBPublic · grades 9–1281%Grade 9 math2.6 km
- St. Thomas Aquinas Catholic Secondary SchoolHalton CDSBCatholic · grades 9–1272%Grade 9 math2.7 km
- École secondaire Gaétan GervaisConseil scolaire ViamondeFrench-language public · grades 9–1285%Grade 9 math2.8 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$24,750
- Mortgage$22,807
- Property tax$1,943
A planning figure, not a quote.
Land transfer tax
$111,450
$107,450 for first-time buyers.
Rent, similar homes
$4,950
a month, median asking rent of 63 similar homes in Oakville.
Community
Who lives around it
Similar homes
You might also like
For sale nearby at a similar price.
Shemeer AhmadVALERY REAL ESTATE INC.
Want to see it this week?
Ask me anything about this home, or what fair looks like nearby.