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488 MACDONALD ROAD, Oakville (OO Old Oakville) — listed at $4,999,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 5.18 x 4.04 meters |
| Primary Bedroom | Second level | 4.62 x 3.76 meters |
| Sitting room | Second level | 4.62 x 2.31 meters |
| Bathroom | Second level | — |
| Bedroom | Second level | 4.57 x 3.86 meters |
| Bedroom | Second level | 4.57 x 3.89 meters |
| Bedroom | Second level | 4.42 x 4.04 meters |
| Bathroom | Second level | — |
| Recreational, Games room | Basement | 8.46 x 4.42 meters |
| Office | Basement | 5.23 x 4.52 meters |
| Playroom | Basement | 4.09 x 3.89 meters |
| Living room | Main level | 8.59 x 4.62 meters |
| Other | Basement | 5.08 x 4.37 meters |
| Games room | Basement | 5.31 x 4.09 meters |
| Workshop | Basement | 5.38 x 5.28 meters |
| Dining room | Main level | 4.6 x 3.86 meters |
| Bathroom | Basement | — |
| Utility room | Basement | — |
| Kitchen | Main level | 4.6 x 3.78 meters |
| Family room | Main level | 5.44 x 4.37 meters |
| Sunroom | Main level | 4.45 x 4.04 meters |
| Office | Main level | 2.9 x 1.91 meters |
| Laundry room | Main level | 3.61 x 2.9 meters |
| Bathroom | Main level | — |
| Bathroom | Main level | — |
Is 488 MACDONALD ROAD a good fit for a growing family?+
With 4 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 13 spaces — Attached Garage, Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $23,316.31, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How many fireplaces are there, and what type?+
This home has 3 fireplaces. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
What makes this a luxury property?+
At $4,999,000, standout features include 5 bathrooms, 3 fireplaces. In this price range, expect higher-end finishes — verify during a showing.
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