Newcastle · L1B 1H1
$549,990
$786 / sq ft3 days on market
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A rare opportunity to purchase potential in the heart of the historic Village of Newcastle. Set on a generous 59.4 x 165.33 foot lot, this property offers exceptional size and scope in one of the area's most sought-after historic settings. Homes with Lots of this scale, this close to the village core, rarely come to market. The home was built in 1890 and is a 2 bedroom, 1 bathroom residence full of character, offering potential to renovate, expand, or reimagine to suit your vision. Ideally located within walking distance of downtown Newcastle's shops, cafes, restaurants and local amenities, the property combines small-town charm with everyday convenience. Well suited to first-time buyers seeking an entry point into a historic, walkable community with room to build equity over time. Equally appealing to builders and developers, given the scarcity of lots this size so close to the village. Renovators and hands-on buyers will appreciate a layout and lot that reward vision and effort. Whether your plan is to restore, renovate, or start fresh, this property offers the space, the location, and the flexibility to make it your own. Opportunity Knocks!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 21% of comparable detached listings in Newcastle are asking less.
Based on 43 comparable active detached listings in Newcastle. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $549,990. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Homesmiths Real Estate Ltd.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of ROYAL LEPAGE TERREQUITY THE ANDERSON TEAM
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