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There are currently 50 for rent bungalow listings in Crosby, Richmond Hill, Ontario with an average price of $1,954 CAD.

Listings:
50
Avg. Price:
$1,954
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Crosby, Richmond Hill Bungalow Market Trends & Statistics

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

Seller's Market(168.4% SNR)
Median Sold (6M)
$947,500
-2% YoY
Avg. Days on Market
26 Days
6-month closed average
Sold (6M) / Active
32 / 19
Closed vs active inventory
6M / 2Y Price Change
+2.1% (6M)
2Y trend: -15.4%
Nov 26: Median $990,000 • 2 sold • 18 DOMHover or tap points to inspect monthly data
$890k$945k$1.00M$1.05M$1.11MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Crosby, Richmond Hill Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$947,5003226 days19
1 Year$970,0005726 days19
3 Years$1,008,00010729 days19
5 Years$1,008,00010729 days19

Bungalow Rental Market Dynamics in Crosby, Richmond Hill

The bungalow rental market in Crosby, Richmond Hill currently features 50 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 Crosby, Richmond Hill provide exceptional comfort and privacy.

Prospective tenants in Crosby, Richmond Hill 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 Crosby, Richmond Hill

BedroomsAvg. PriceActive Listings
1 Bed$1,33411
2 Beds$1,72720
3 Beds$2,62814
4 Beds$2,0002
5+ Beds$3,8001

Crosby, Richmond Hill Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Crosby, Richmond Hill is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $1K, while renovated full-home properties and executive bungalows lease for up to $4K. The average bungalow rental in Crosby, Richmond Hill currently commands approximately $2K per month.

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

Secondary Suites, ADUs & Investment Potential in Crosby, Richmond Hill

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Crosby, Richmond Hill.

The average monthly lease price for a bungalow in Crosby is currently $2K, 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.