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There are currently 37 sold bungalow listings in Belmont, Central Elgin, Ontario with an average price of $645,420 CAD.

Listings:
37
Avg. Price:
$645,420
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Belmont, Central Elgin Bungalow Market Trends & Statistics

Verified MLS® bungalow pricing, sales velocity, and historical inventory data.

Seller's Market(180% SNR)
Median Sold (6M)
$650,000
-14.7% YoY
Avg. Days on Market
63 Days
6-month closed average
Sold (6M) / Active
9 / 5
Closed vs active inventory
6M / 2Y Price Change
-23.7% (6M)
2Y trend: -23.6%
Nov 26: Median $550,000 • 3 sold • 94 DOMHover or tap points to inspect monthly data
$410k$535k$660k$785k$910kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Belmont, Central Elgin Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$650,000963 days5
1 Year$650,0001945 days5
3 Years$645,0003743 days5
5 Years$645,0003743 days5

Sold Bungalow Benchmarks & Market Trends in Belmont, Central Elgin

Reviewing recently sold bungalows in Belmont, Central Elgin provides direct, unvarnished insight into actual closing values and transaction liquidity. With 37 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 Belmont, Central Elgin demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Belmont, Central Elgin

BedroomsAvg. PriceActive Listings
2 Beds$543,6138
3 Beds$598,78914
4 Beds$735,33711
5+ Beds$764,9754

Belmont, Central Elgin Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Belmont, Central Elgin establish clear pricing benchmarks. Entry-level single-storey properties have traded from $365K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.1M. The benchmark average sold price for a bungalow in Belmont, Central Elgin sits at $645K.

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

Secondary Suites, ADUs & Investment Potential in Belmont, Central Elgin

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Belmont, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Belmont, Central Elgin 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 Belmont, Central Elgin 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 Belmont, Central Elgin

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Belmont, Central Elgin 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 Belmont, Central Elgin represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Belmont, Central Elgin.

The average sold price for a bungalow in Belmont is currently $645K, 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.