There is currently 1 sold bungalow listing in 2 South, Peterborough West, Ontario with an average price of $690,000 CAD.
- Listings:
- 1
- Avg. Price:
- $690,000
Bungalows Sold in 2 South, Peterborough West, 1 Listings
2 South, Peterborough West Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
2 South, Peterborough West Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $690,000 | 1 | 19 days | 0 |
| 1 Year | $690,000 | 1 | 19 days | 0 |
| 3 Years | $690,000 | 1 | 19 days | 0 |
| 5 Years | $690,000 | 1 | 19 days | 0 |
Sold Bungalow Benchmarks & Market Trends in 2 South, Peterborough West
Reviewing recently sold bungalows in 2 South, Peterborough West provides direct, unvarnished insight into actual closing values and transaction liquidity. With 1 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 2 South, Peterborough West demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in 2 South, Peterborough West
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 3 Beds | $690,000 | 1 |
2 South, Peterborough West Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in 2 South, Peterborough West establish clear pricing benchmarks. Entry-level single-storey properties have traded from $690K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $690K. The benchmark average sold price for a bungalow in 2 South, Peterborough West sits at $690K.
Because land value represents the overwhelming majority of a bungalow's total equity in 2 South, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in 2 South, Peterborough West
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in 2 South, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in 2 South, Peterborough West 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 2 South, Peterborough West 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 2 South, Peterborough West
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in 2 South, Peterborough West 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 2 South, Peterborough West represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in 2 South, Peterborough West.