There are currently 6 sold bungalow listings in Mornington, Perth East, Ontario with an average price of $1,095,000 CAD.
- Listings:
- 6
- Avg. Price:
- $1,095,000
Bungalows Sold in Mornington, Perth East, 6 Listings
Mornington, Perth East Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Mornington, Perth East Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $1,067,500 | 2 | 40 days | 0 |
| 1 Year | $1,085,000 | 4 | 53 days | 0 |
| 3 Years | $1,085,000 | 6 | 38 days | 0 |
| 5 Years | $1,085,000 | 6 | 38 days | 0 |
Sold Bungalow Benchmarks & Market Trends in Mornington, Perth East
Reviewing recently sold bungalows in Mornington, Perth East 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 Mornington, Perth East demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Mornington, Perth East
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $1,200,000 | 1 |
| 3 Beds | $1,025,000 | 3 |
| 4 Beds | $970,000 | 1 |
| 5+ Beds | $1,325,000 | 1 |
Mornington, Perth East Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Mornington, Perth East establish clear pricing benchmarks. Entry-level single-storey properties have traded from $650K, 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 Mornington, Perth East sits at $1.1M.
Because land value represents the overwhelming majority of a bungalow's total equity in Mornington, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Mornington, Perth East
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Mornington, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Mornington, Perth East 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 Mornington, Perth East 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 Mornington, Perth East
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Mornington, Perth East 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 Mornington, Perth East represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Mornington, Perth East.