This Gigantic Mansion In Newfoundland Costs The Same As A Basic Toronto Bungalow

It has a fireplace in the bathroom.
Contributor

With real estate, you don't always get what you pay for. The Canadian housing market can be pretty diverse, even among houses that have nearly identical prices. A giant mansion in Newfoundland can end up costing the same as a Toronto bungalow.

That's definitely the case with these two properties. The house at 355 Tolt Rd. in Portugal Cove-St Philip's, Newfoundland is so extra that it actually has a fireplace in the master bathroom.

Meanwhile, the property at 20 Restwell Cres. has a newly renovated kitchen and a generous backyard space but is a lot less grand.

Considering that the Newfoundland house also has a home theatre and a massive 11,044 square feet of living space compared to the relatively modest Toronto home, it might surprise you to learn there is only a $7,000 difference in their prices.

The Tolt Road mansion, which in all seriousness also has a full pub with a massive bar and a pool table in the basement, costs $2,995,000.

The Restwell Crescent bungalow, which at least has a nice view of the Don Valley River, will set homebuyers back $2,988,000.

If you were comparing views, though, it's kind of hard to compete with the massive windows afforded at the east coast estate. Getting enough natural light would never be a problem.

On top of that, the 3.56-acre lot also offers more than enough outdoor space, with a large circular deck and an expansive lawn.

On top of the actual house itself, the Newfoundland property also includes a detached 2,500-square-foot garage with a 1,250-square-foot loft. It's like they're throwing in a Toronto apartment for free.

The home in Toronto, while not offering the same features or space, is at least newly renovated with stainless steel appliances and a good amount of surrounding greenery.

Still, given the choice between the two, it should be obvious which one would give you more bang for your buck. 

  • Colin Leggett was a Contributing Editor with Narcity Canada. He wrote on the national news team for over a year and contributed to coverage of the 2019 Canadian Federal Election, as well as the 2020 COVID-19 pandemic. Colin has a Bachelor's Degree in Communications and Cultural Theory from McMaster University, as well as a graduate certificate in Television Writing and Producing from Humber College. He is an avid consumer of politics and pop culture, having written about everything from food to television to Canada-U.S. relations.

Jennifer Pan pleads guilty to manslaughter in a major update to the 16-year-old case

The shocking killing was the subject of a recent Netflix documentary.

A Canadian & her 7-year-old daughter are in US border detention and their family has no info

Her husband says it's still unclear why they were taken and he hasn't received any information about when they'll be released.

An Ontario border officer has been arrested for drug trafficking & importing

The officer allegedly allowed a transport truck with millions of dollars' worth of drugs from the U.S. into Canada.

The happiest countries for 2026 were revealed and the US beat Canada for the first time ever

It's Canada's lowest ranking since the report was launched in 2012.

Canada Pension Plan payments for March go out soon and the average amount is over $800

Look for a direct deposit in your bank account or a cheque in your mailbox.

Pierre Poilievre & Joe Rogan said Trump's call to annex Canada was 'a crazy thing to say'

"I just wish he'd knock that sh*t off," Polievre said on Rogan's podcast.

7 things that send me into an existential crisis as a Canadian living abroad

There's some surprising things that make me homesick for Canada.