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There are currently 4 for rent bungalow listings in Sherwood-Amberglen, Markham, Ontario with an average price of $2,875 CAD.

Listings:
4
Avg. Price:
$2,875
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Sherwood-Amberglen, Markham Bungalow Market Trends & Statistics

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

Seller's Market(125% SNR)
Median Sold (6M)
$1,286,888
+10.2% YoY
Avg. Days on Market
34 Days
6-month closed average
Sold (6M) / Active
5 / 4
Closed vs active inventory
6M / 2Y Price Change
+16.8% (6M)
2Y trend: -12%
Nov 26: Median $1,168,444 • 2 sold • 49 DOMHover or tap points to inspect monthly data
$970k$1.03M$1.08M$1.14M$1.20MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Sherwood-Amberglen, Markham Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,286,888534 days4
1 Year$1,168,444631 days4
3 Years$1,286,8881327 days4
5 Years$1,286,8881327 days4

Bungalow Rental Market Dynamics in Sherwood-Amberglen, Markham

The bungalow rental market in Sherwood-Amberglen, Markham currently features 4 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 Sherwood-Amberglen, Markham provide exceptional comfort and privacy.

Prospective tenants in Sherwood-Amberglen, 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 Sherwood-Amberglen, Markham

BedroomsAvg. PriceActive Listings
3 Beds$2,5003
4 Beds$4,0001

Sherwood-Amberglen, Markham Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Sherwood-Amberglen, Markham is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $2K, while renovated full-home properties and executive bungalows lease for up to $4K. The average bungalow rental in Sherwood-Amberglen, Markham currently commands approximately $3K per month.

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

Secondary Suites, ADUs & Investment Potential in Sherwood-Amberglen, Markham

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Sherwood-Amberglen, Markham.

The average monthly lease price for a bungalow in Sherwood-Amberglen is currently $3K, 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.