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There are currently 11 sold bungalow listings in Black River Matheson, Ontario with an average price of $367,483 CAD.

Listings:
11
Avg. Price:
$367,483
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448 Marilyn Avenue, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $370,000$369,900
448 Marilyn Avenue, Black River Matheson
3 bed • 1 bath • 10 parking
PT BKN L12C3 McCool Township, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $275,000$290,000
Pt Bkn L12c3 Mccool Township, Black River Matheson
2 bed • 1 bath • 2 parking
55 Second Street, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $325,000$319,000
55 Second Street, Black River Matheson
2 bed • 1 bath • 1 sqft
5858 Highway 101 N/A W, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $505,000$509,900
5858 Highway 101 N/A W, Black River Matheson
3 bed • 2 bath • 8 parking
1539 Wavell Road, Black River Matheson, ON P0K 1R0 - Property 1
SOLD
Sold: $231,900$239,000
1539 Wavell Road, Black River Matheson
2 bed • 1 bath • 11 parking
2752 101 Highway, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $384,900$384,900
2752 101 Highway, Black River Matheson
3 bed • 2 bath • 2 sqft
454 Park Lane, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $80,000$82,000
454 Park Lane, Black River Matheson
2 bed • 1 bath • 4 parking
1231 Red Deer Road W, Black River Matheson, ON P0K 1W0 - Property 1
SOLD
Sold: $345,000$359,900
1231 Red Deer Road W, Black River Matheson
3 bed • 1 bath • 10 parking
456 Third Avenue, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $228,000$214,900
456 Third Avenue, Black River Matheson
2 bed • 1 bath • 2 parking
332 Railway Street, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $110,000$129,900
332 Railway Street, Black River Matheson
2 bed • 1 bath • 2 parking
2749 Hwy 101 Road W, Black River Matheson, ON P0K 1N0 - Property 1
SOLD
Sold: $210,000$214,800
2749 Hwy 101 Road W, Black River Matheson
3 bed • 2 bath • 20 parking

Sold Bungalow Benchmarks & Market Trends in Black River Matheson

Reviewing recently sold bungalows in Black River Matheson provides direct, unvarnished insight into actual closing values and transaction liquidity. With 11 verified bungalow sales recorded on the MLS®, buyers and sellers can track real sale prices, sale-to-list price ratios, and average days on market (DOM).

Historical sales data in Black River Matheson demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Black River Matheson

BedroomsAvg. PriceActive Listings
2 Beds$300,0002
3 Beds$401,2254

Black River Matheson Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Black River Matheson establish clear pricing benchmarks. Entry-level single-storey properties have traded from $275K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $505K. The benchmark average sold price for a bungalow in Black River Matheson sits at $367K.

Because land value represents the overwhelming majority of a bungalow's total equity in Black River Matheson, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.

Secondary Suites, ADUs & Investment Potential in Black River Matheson

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Black River Matheson, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Black River Matheson can readily accommodate legal secondary dwelling units, multi-generational in-law suites, or detached additional residential units (garden suites).

This dual-income capability provides substantial rental cash flow to offset mortgage costs, making bungalows in Black River Matheson exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Top Neighborhoods in Black River Matheson

Exploring sub-areas within Black River Matheson can help buyers compare average prices and active inventory across communities.

NeighborhoodAvg. PriceListings
Matheson$385,9805
Matheson Unorganized$275,0001

Accessibility, Aging-in-Place & Downsizer Demand in Black River Matheson

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Black River Matheson deliver unparalleled convenience for downsizers and retirees prioritizing accessible, single-level living. Combined with established neighbourhood amenities, proximity to GO transit corridors, top-rated school catchments, and lakefront or ravine conservation areas, purchasing a bungalow in Black River Matheson represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Black River Matheson.

The average sold price for a bungalow in Black River Matheson is currently $367K, based on real-time MLS® market inventory. Individual values vary depending on lot frontage and depth, interior renovations, and whether the lower level is finished with a legal separate-entrance suite.