There are currently 41 sold bungalow listings in Parry Sound Remote Area, Ontario with an average price of $569,237 CAD.
- Listings:
- 41
- Avg. Price:
- $569,237
Bungalows for Sale in Parry Sound Remote Area, 41 Listings
Sold Bungalow Benchmarks & Market Trends in Parry Sound Remote Area
Reviewing recently sold bungalows in Parry Sound Remote Area provides direct, unvarnished insight into actual closing values and transaction liquidity. With 41 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 Parry Sound Remote Area demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Parry Sound Remote Area
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 1 Bed | $475,000 | 1 |
| 2 Beds | $474,028 | 18 |
| 3 Beds | $600,257 | 29 |
| 4 Beds | $517,500 | 8 |
| 5+ Beds | $1,010,000 | 3 |
Parry Sound Remote Area Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Parry Sound Remote Area establish clear pricing benchmarks. Entry-level single-storey properties have traded from $270K, 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 Parry Sound Remote Area sits at $569K.
Because land value represents the overwhelming majority of a bungalow's total equity in Parry Sound Remote Area, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Parry Sound Remote Area
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Parry Sound Remote Area, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Parry Sound Remote Area 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 Parry Sound Remote Area exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Top Neighborhoods in Parry Sound Remote Area
Exploring sub-areas within Parry Sound Remote Area can help buyers compare average prices and active inventory across communities.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| Restoule | $548,968 | 17 |
| Lount | $786,286 | 7 |
| Wallbridge | $535,571 | 7 |
| Arnstein | $641,667 | 6 |
| Blair | $477,000 | 4 |
| Port Loring | $407,250 | 4 |
| Laurier | $613,750 | 4 |
| McConkey | $590,000 | 2 |
| Wilson | $632,500 | 2 |
| East Mills | $450,000 | 1 |
Accessibility, Aging-in-Place & Downsizer Demand in Parry Sound Remote Area
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Parry Sound Remote Area 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 Parry Sound Remote Area represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Parry Sound Remote Area.