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There are currently 18 for rent bungalow listings in Mill Pond, Richmond Hill, Ontario with an average price of $2,756 CAD.

Listings:
18
Avg. Price:
$2,756
Map View
63 Oxford Street, Richmond Hill, ON L4C 4L6 - Property 1
FOR LEASE
$2,980/mo
63 Oxford Street, Richmond Hill
4 bed • 1 bath • 6 parking
111 Mill Street, Richmond Hill, ON L4C 4A6 - Property 1
FOR LEASE
$3,500/mo
111 Mill Street, Richmond Hill
3 bed • 2 bath • 5 parking
186 Driscoll Road Bsmt, Richmond Hill, ON L4C 4H7 - Property 1
FOR LEASE
$1,800/mo
186 Driscoll Road Bsmt, Richmond Hill
2 bed • 1 bath • 1 parking
261 Richmond Street Basement, Richmond Hill, ON L4C 3Y9 - Property 1
FOR LEASE
$1,500/mo
261 Richmond Street Basement, Richmond Hill
1 bed • 1 bath • 1 parking
86 Trayborn Drive Main, Richmond Hill, ON L4C 4K7 - Property 1
FOR LEASE
$3,199/mo
86 Trayborn Drive Main, Richmond Hill
3 bed • 2 bath • 1 parking
539 Elgin Mills Road W Bsmnt, Richmond Hill, ON L4C 4M3 - Property 1
FOR LEASE
$1,750/mo
539 Elgin Mills Road W Bsmnt, Richmond Hill
1 bed • 1 bath • 2 parking
244 Tampico Road Main, Richmond Hill, ON L4C 4R7 - Property 1
FOR LEASE
$3,000/mo
244 Tampico Road Main, Richmond Hill
3 bed • 1 bath • 2 parking
265 Elgin Mills West Road Bsmt, Richmond Hill, ON L4C 4M1 - Property 1
FOR LEASE
$1,650/mo
265 Elgin Mills West Road Bsmt, Richmond Hill
2 bed • 1 bath • 2 parking
62 Leisure Lane, Richmond Hill, ON L4C 4X1 - Property 1
FOR LEASE
$3,150/mo
62 Leisure Lane, Richmond Hill
2 bed • 2 bath • 3 parking
Basement 18 Leisure Lane Basement, Richmond Hill, ON L4C 4W8 - Property 1
FOR LEASE
$1,780/mo
Basement 18 Leisure Lane Basement, Richmond Hill
2 bed • 1 bath • 5 parking
276 Iredale Road Lower, Richmond Hill, ON L4C 4R4 - Property 1
FOR LEASE
$2,275/mo
276 Iredale Road Lower, Richmond Hill
2 bed • 1 bath • 4 parking
57 Oxford Street Main & Lower, Richmond Hill, ON L4C 4L6 - Property 1
FOR LEASE
$3,999/mo
57 Oxford Street Main & Lower, Richmond Hill
5 bed • 4 bath • 3 parking

Mill Pond, Richmond Hill Bungalow Market Trends & Statistics

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

Seller's Market(107.1% SNR)
Median Sold (6M)
$1,176,500
-1.1% YoY
Avg. Days on Market
27 Days
6-month closed average
Sold (6M) / Active
15 / 14
Closed vs active inventory
6M / 2Y Price Change
-22.3% (6M)
2Y trend: -20.5%
Nov 26: Median $1,176,500 • 1 sold • 30 DOMHover or tap points to inspect monthly data
$970k$1.13M$1.29M$1.45M$1.61MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Mill Pond, Richmond Hill Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,176,5001527 days14
1 Year$1,188,2503033 days14
3 Years$1,240,8755630 days14
5 Years$1,240,8755630 days14

Bungalow Rental Market Dynamics in Mill Pond, Richmond Hill

The bungalow rental market in Mill Pond, Richmond Hill currently features 18 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 Mill Pond, Richmond Hill provide exceptional comfort and privacy.

Prospective tenants in Mill Pond, 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 Mill Pond, Richmond Hill

BedroomsAvg. PriceActive Listings
1 Bed$1,6252
2 Beds$2,1096
3 Beds$3,0886
4 Beds$3,7402
5+ Beds$3,8502

Mill Pond, Richmond Hill Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in Mill Pond, Richmond Hill is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $2K, while renovated full-home properties and executive bungalows lease for up to $5K. The average bungalow rental in Mill Pond, Richmond Hill currently commands approximately $3K per month.

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

Secondary Suites, ADUs & Investment Potential in Mill Pond, Richmond Hill

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

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

Frequently Asked Questions

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

The average monthly lease price for a bungalow in Mill Pond is currently $3K, 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.