There are currently 21 sold bungalow listings in Millbrook Village, Cavan Monaghan, Ontario with an average price of $684,905 CAD.
- Listings:
- 21
- Avg. Price:
- $684,905
Bungalows Sold in Millbrook Village, Cavan Monaghan, 21 Listings












Millbrook Village, Cavan Monaghan Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Millbrook Village, Cavan Monaghan Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $620,000 | 5 | 19 days | 2 |
| 1 Year | $673,000 | 9 | 23 days | 2 |
| 3 Years | $625,000 | 21 | 18 days | 2 |
| 5 Years | $625,000 | 21 | 18 days | 2 |
Sold Bungalow Benchmarks & Market Trends in Millbrook Village, Cavan Monaghan
Reviewing recently sold bungalows in Millbrook Village, Cavan Monaghan provides direct, unvarnished insight into actual closing values and transaction liquidity. With 21 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 Millbrook Village, Cavan Monaghan demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Millbrook Village, Cavan Monaghan
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $385,000 | 2 |
| 3 Beds | $565,625 | 8 |
| 4 Beds | $832,875 | 8 |
| 5+ Beds | $808,333 | 3 |
Millbrook Village, Cavan Monaghan Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Millbrook Village, Cavan Monaghan establish clear pricing benchmarks. Entry-level single-storey properties have traded from $280K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.4M. The benchmark average sold price for a bungalow in Millbrook Village, Cavan Monaghan sits at $685K.
Because land value represents the overwhelming majority of a bungalow's total equity in Millbrook Village, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Millbrook Village, Cavan Monaghan
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Millbrook Village, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Millbrook Village, Cavan Monaghan 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 Millbrook Village, Cavan Monaghan exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Accessibility, Aging-in-Place & Downsizer Demand in Millbrook Village, Cavan Monaghan
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Millbrook Village, Cavan Monaghan 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 Millbrook Village, Cavan Monaghan represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Millbrook Village, Cavan Monaghan.
