INVESTMENT & Redevelopment opportunity in the heart of lucan! 128 Main Street presents a unique opportunity for investors, developers, and builders looking to secure a well-positioned property in the growing community of Lucan. Situated along Main Street, this property offers excellent frontage, visibility, and accessibility. The value here extends beyond the existing dwelling, with the land, location, zoning, and future potential forming a significant part of the opportunity. With its MUR zoning and redevelopment potential, the property may lend itself to a variety of future possibilities for the right buyer. Whether considered as a redevelopment project, land investment, or longer-term hold, 128 Main Street provides an opportunity to capitalize on a prominent location within an expanding community. Located close to downtown amenities and surrounded by an established community experiencing continued growth, this is an opportunity for buyers with vision to explore what may be possible at this Main Street location. The existing dwelling is being offered by the Seller in "as-is, where-is" condition, with no warranties or representations.
1 bedroom, 1 bathroom, about 3,500 sq ft, works out to roughly $143 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 128 Main St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
6 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0.486
Listing & possession
Property style
2-Storey
Property class
Detached
128 Main St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14096000$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 128 Main St Compares to the Lucan Biddulph Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Lucan Biddulph
Other 2–3 bed homes for sale in Lucan Biddulph around $500K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings57Homes for sale here right now.
Median vs prior 90 days−1.1%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 29 sales from Jul 25 – Oct 23, 2026 (36 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 128 Main St
How much is 128 Main St listed for?
128 Main St is listed at $499,900 (MLS® X14096000). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 128 Main St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Lucan Biddulph. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 128 Main St changed?
No — 128 Main St is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 128 Main St have?
128 Main St has 1 bedroom and 1 bathroom, with about 3,500–5,000 square feet of living space. It is a detached home in Lucan Biddulph.
How much would the monthly mortgage be on 128 Main St?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 128 Main St compare with other homes in Lucan Biddulph?
Its asking price of $499,900 is about 24% below the median sold price in Lucan Biddulph over the last 90 days, $657,500, across 29 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 128 Main St been sold before?
Summitly has no earlier MLS® sale or lease of 128 Main St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 128 Main St?
128 Main St is in Lucan Biddulph, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 128 Main St been on the market?
4 days — 128 Main St was listed on October 19, 2026.
What is the price per square foot of 128 Main St?
About $100 to $143 per square foot: the asking price of $499,900 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 128 Main St have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 128 Main St have a basement, and is it finished?
The listing describes the basement as: Unfinished.