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There are currently 9 for rent bungalow listings in Royal Orchard, Markham, Ontario with an average price of $2,268 CAD.

Listings:
9
Avg. Price:
$2,268
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Royal Orchard, Markham Bungalow Market Trends & Statistics

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

Seller's Market(666.7% SNR)
Median Sold (6M)
$1,252,500
-7.9% YoY
Avg. Days on Market
28 Days
6-month closed average
Sold (6M) / Active
20 / 3
Closed vs active inventory
6M / 2Y Price Change
+8.5% (6M)
2Y trend: +15.4%
Nov 26: Median $1,409,000 • 3 sold • 40 DOMHover or tap points to inspect monthly data
$900k$1.13M$1.35M$1.58M$1.81MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Royal Orchard, Markham Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,252,5002028 days3
1 Year$1,255,0003030 days3
3 Years$1,289,4005426 days3
5 Years$1,289,4005426 days3

Bungalow Rental Market Dynamics in Royal Orchard, Markham

The bungalow rental market in Royal Orchard, Markham currently features 9 verified single-storey lease listings on the MLS®. Offering tenants private fenced yards, multi-car driveways, and expansive single-level living without condo maintenance fees, detached bungalows in Royal Orchard, Markham provide exceptional comfort and privacy.

Prospective tenants in Royal Orchard, Markham can choose from traditional detached brick bungalows, raised bungalows with bright above-grade lower levels, and modern bungalofts featuring main-floor primary suites.

Average Prices by Bedroom in Royal Orchard, Markham

BedroomsAvg. PriceActive Listings
1 Bed$1,5252
2 Beds$1,8323
3 Beds$3,2003

Royal Orchard, Markham Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Royal Orchard, Markham is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $1K, while renovated full-home properties and executive bungalows lease for up to $3K. The average bungalow rental in Royal Orchard, Markham currently commands approximately $2K per month.

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

Secondary Suites, ADUs & Investment Potential in Royal Orchard, Markham

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Royal Orchard, Markham.

The average monthly lease price for a bungalow in Royal Orchard is currently $2K, 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.