There are currently 10 sold bungalow listings in Magnetawan, Ontario with an average price of $705,526 CAD.
- Listings:
- 10
- Avg. Price:
- $705,526
Bungalows for Sale in Magnetawan, 10 Listings
Magnetawan Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Magnetawan Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $607,500 | 20 | 44 days | 19 |
| 1 Year | $623,000 | 24 | 54 days | 19 |
| 3 Years | $569,000 | 45 | 53 days | 19 |
| 5 Years | $569,000 | 45 | 53 days | 19 |
Sold Bungalow Benchmarks & Market Trends in Magnetawan
Reviewing recently sold bungalows in Magnetawan provides direct, unvarnished insight into actual closing values and transaction liquidity. With 10 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 Magnetawan demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Magnetawan
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $504,111 | 9 |
| 3 Beds | $653,875 | 20 |
| 4 Beds | $1,007,778 | 9 |
| 5+ Beds | $831,000 | 1 |
Magnetawan Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Magnetawan 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 $1.6M. The benchmark average sold price for a bungalow in Magnetawan sits at $706K.
Because land value represents the overwhelming majority of a bungalow's total equity in Magnetawan, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Magnetawan
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Magnetawan, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Magnetawan 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 Magnetawan exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Top Neighborhoods in Magnetawan
Exploring sub-areas within Magnetawan can help buyers compare average prices and active inventory across communities.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| Magnetawan | $738,871 | 31 |
| Spence | $565,500 | 6 |
| Ahmic Harbour | $608,750 | 2 |
Accessibility, Aging-in-Place & Downsizer Demand in Magnetawan
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Magnetawan 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 Magnetawan represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Magnetawan.