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There are currently 6 sold bungalow listings in Devil's Elbow, Markham, Ontario with an average price of $2,708,850 CAD.

Listings:
6
Avg. Price:
$2,708,850
Map View
29 Glenbourne Park Drive, Markham, ON L6C 1H5 - Property 1
SOLD
Sold: $3,020,000$3,280,000
29 Glenbourne Park Drive, Markham
6 bed • 3 bath • 10 parking
6 Scandia Court, Markham, ON L6C 1G6 - Property 1
SOLD
Sold: $2,500,000$2,800,000
6 Scandia Court, Markham
4 bed • 4 bath • 6 parking
56 Cachet Parkway, Markham, ON L6C 1C2 - Property 1
SOLD
Sold: $3,210,000$3,388,000
56 Cachet Parkway, Markham
4 bed • 4 bath • 1 sqft
3 Ahorn Grove, Markham, ON L6C 1C8 - Property 1
SOLD
Sold: $2,998,000$3,380,000
3 Ahorn Grove, Markham
5 bed • 5 bath • 10 parking
9947 Woodbine Avenue, Markham, ON L6C 1H7 - Property 1
SOLD
Sold: $1,625,100$1,799,800
9947 Woodbine Avenue, Markham
4 bed • 3 bath • 1 sqft
29 Blencathra Hill, Markham, ON L6C 1G3 - Property 1
SOLD
Sold: $2,900,000$3,480,000
29 Blencathra Hill, Markham
5 bed • 3 bath • 11 parking

Devil's Elbow, Markham Bungalow Market Trends & Statistics

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

Buyer's Market
Median Sold (6M)
$2,760,000
-22.1% YoY
Avg. Days on Market
101 Days
6-month closed average
Sold (6M) / Active
2 / 0
Closed vs active inventory
6M / 2Y Price Change
-17.2% (6M)
2Y trend: +10.5%
Nov 26: Median $2,500,000 • 0 sold • 28 DOMHover or tap points to inspect monthly data
$2.39M$2.62M$2.85M$3.09M$3.32MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Devil's Elbow, Markham Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$2,760,0002101 days0
1 Year$3,020,000369 days0
3 Years$2,949,000670 days0
5 Years$2,949,000670 days0

Sold Bungalow Benchmarks & Market Trends in Devil's Elbow, Markham

Reviewing recently sold bungalows in Devil's Elbow, Markham provides direct, unvarnished insight into actual closing values and transaction liquidity. With 6 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 Devil's Elbow, Markham demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Devil's Elbow, Markham

BedroomsAvg. PriceActive Listings
4 Beds$2,445,0333
5+ Beds$2,972,6673

Devil's Elbow, Markham Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Devil's Elbow, Markham establish clear pricing benchmarks. Entry-level single-storey properties have traded from $1.6M, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $3.2M. The benchmark average sold price for a bungalow in Devil's Elbow, Markham sits at $2.7M.

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

Secondary Suites, ADUs & Investment Potential in Devil's Elbow, Markham

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

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Devil's Elbow, Markham 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 Devil's Elbow, Markham represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Devil's Elbow, Markham.

The average sold price for a bungalow in Devil's Elbow is currently $2.7M, 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.