There are currently 3 for sale bungalow listings in Wallace, North Perth, Ontario with an average price of $886,267 CAD.
- Listings:
- 3
- Avg. Price:
- $886,267
Bungalows for Sale in Wallace, North Perth, 3 Listings
Wallace, North Perth Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Wallace, North Perth Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $729,000 | 3 | 116 days | 3 |
| 1 Year | $758,250 | 4 | 104 days | 3 |
| 3 Years | $787,500 | 11 | 54 days | 3 |
| 5 Years | $787,500 | 11 | 54 days | 3 |
Bungalow Living & Market Dynamics in Wallace, North Perth
The single-storey housing market in Wallace, North Perth currently offers 3 verified bungalow listings on the MLS®. As one of the most coveted property segments across Ontario, bungalows in Wallace, North Perth are distinguished by their generous lot frontages—typically spanning 50 to 70+ feet—mature tree canopies, and exceptional privacy compared to modern high-density subdivisions.
Buyers exploring Wallace, North Perth will find diverse single-storey architectural configurations: classic mid-century detached brick bungalows, raised bungalows featuring high above-grade windows that flood lower levels with natural light, modern executive bungalofts with ground-floor primary suites, and expansive split-level designs.
Average Prices by Bedroom in Wallace, North Perth
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $599,900 | 1 |
| 3 Beds | $764,900 | 1 |
| 4 Beds | $1,294,000 | 1 |
Wallace, North Perth Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Based on active MLS® real estate data, the benchmark average price for a detached bungalow in Wallace, North Perth is currently $886K. Entry-level bungalows start around $600K, presenting accessible opportunities for first-time buyers, downsizers, or renovation enthusiasts seeking solid structural footprints. At the upper tier, luxury custom bungalows and executive estates on premium mature lots command up to $1.3M.
Because land value represents the overwhelming majority of a bungalow's total equity in Wallace, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Wallace, North Perth
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Wallace, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Wallace, North Perth 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 Wallace, North Perth 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 Wallace, North Perth
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Wallace, North Perth 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 Wallace, North Perth represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Wallace, North Perth.