There are currently 125 sold bungalow listings in Grimsby, Ontario with an average price of $820,938 CAD.
- Listings:
- 125
- Avg. Price:
- $820,938
Bungalows for Sale in Grimsby, 125 Listings












Grimsby Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Grimsby Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $770,000 | 100 | 36 days | 44 |
| 1 Year | $767,500 | 164 | 35 days | 44 |
| 3 Years | $785,000 | 322 | 33 days | 44 |
| 5 Years | $785,000 | 322 | 33 days | 44 |
Sold Bungalow Benchmarks & Market Trends in Grimsby
Reviewing recently sold bungalows in Grimsby provides direct, unvarnished insight into actual closing values and transaction liquidity. With 125 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 Grimsby demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Grimsby
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $725,521 | 68 |
| 3 Beds | $782,370 | 142 |
| 4 Beds | $933,136 | 81 |
| 5+ Beds | $910,840 | 32 |
Grimsby Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Grimsby establish clear pricing benchmarks. Entry-level single-storey properties have traded from $425K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $2.7M. The benchmark average sold price for a bungalow in Grimsby sits at $821K.
Because land value represents the overwhelming majority of a bungalow's total equity in Grimsby, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Grimsby
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Grimsby, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Grimsby 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 Grimsby exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Top Neighborhoods in Grimsby
Exploring sub-areas within Grimsby can help buyers compare average prices and active inventory across communities.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| 540 - Grimsby Beach | $800,304 | 122 |
| 542 - Grimsby East | $758,800 | 90 |
| 541 - Grimsby West | $926,245 | 71 |
| 055 - Grimsby Escarpment | $838,475 | 39 |
Accessibility, Aging-in-Place & Downsizer Demand in Grimsby
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Grimsby 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 Grimsby represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Grimsby.
