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There are currently 56 sold bungalow listings in Mill Pond, Richmond Hill, Ontario with an average price of $1,256,799 CAD.

Listings:
56
Avg. Price:
$1,256,799
Map View
191 Driscoll Road, Richmond Hill, ON L4C 4H9 - Property 1
SOLD
Sold: $965,000$988,000
191 Driscoll Road, Richmond Hill
5 bed • 2 bath • 3 parking
238 Mill Street, Richmond Hill, ON L4C 4B3 - Property 1
SOLD
Sold: $1,580,000$1,728,000
238 Mill Street, Richmond Hill
6 bed • 3 bath • 8 parking
249 Tampico Road, Richmond Hill, ON L4C 4R8 - Property 1
SOLD
Sold: $1,140,000$1,180,000
249 Tampico Road, Richmond Hill
5 bed • 4 bath • 5 parking
133 Wood Lane, Richmond Hill, ON L4C 4W2 - Property 1
SOLD
Sold: $1,080,000$1,099,000
133 Wood Lane, Richmond Hill
4 bed • 2 bath • 5 parking
235 Rosemar Gardens, Richmond Hill, ON L4C 3Z8 - Property 1
SOLD
Sold: $1,385,000$1,488,000
235 Rosemar Gardens, Richmond Hill
5 bed • 3 bath • 7 parking
225 Lucas Street, Richmond Hill, ON L4C 4P9 - Property 1
SOLD
Sold: $1,176,500$1,249,000
225 Lucas Street, Richmond Hill
4 bed • 3 bath • 5 parking
135 Golf Club Court, Richmond Hill, ON L4C 5E1 - Property 1
SOLD
Sold: $1,135,000$1,089,000
135 Golf Club Court, Richmond Hill
4 bed • 2 bath • 6 parking
125 Laverock Avenue, Richmond Hill, ON L4C 4J8 - Property 1
SOLD
Sold: $1,200,000$1,288,800
125 Laverock Avenue, Richmond Hill
4 bed • 3 bath • 5,576 sqft
139 Marla Court, Richmond Hill, ON L4C 4S1 - Property 1
SOLD
Sold: $1,230,000$1,288,000
139 Marla Court, Richmond Hill
4 bed • 4 bath • 8 parking
112 Trayborn Drive, Richmond Hill, ON L4C 4K7 - Property 1
SOLD
Sold: $1,050,000$1,099,000
112 Trayborn Drive, Richmond Hill
4 bed • 2 bath • 5,252 sqft
54 Leisure Lane, Richmond Hill, ON L4C 4X1 - Property 1
SOLD
Sold: $1,333,800$1,388,800
54 Leisure Lane, Richmond Hill
4 bed • 4 bath • 5 parking
159 Laverock Avenue, Richmond Hill, ON L4C 4K1 - Property 1
SOLD
Sold: $1,300,000$999,000
159 Laverock Avenue, Richmond Hill
4 bed • 3 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

Sold Bungalow Benchmarks & Market Trends in Mill Pond, Richmond Hill

Reviewing recently sold bungalows in Mill Pond, Richmond Hill provides direct, unvarnished insight into actual closing values and transaction liquidity. With 56 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 Mill Pond, Richmond Hill demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Mill Pond, Richmond Hill

BedroomsAvg. PriceActive Listings
2 Beds$938,0882
3 Beds$1,232,14612
4 Beds$1,173,66517
5+ Beds$1,350,66025

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

Recent MLS® sales in Mill Pond, Richmond Hill establish clear pricing benchmarks. Entry-level single-storey properties have traded from $621K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $2.1M. The benchmark average sold price for a bungalow in Mill Pond, Richmond Hill sits at $1.3M.

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 sold price for a bungalow in Mill Pond is currently $1.3M, 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.