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There are currently 29 sold bungalow listings in North Richvale, Richmond Hill, Ontario with an average price of $1,321,746 CAD.

Listings:
29
Avg. Price:
$1,321,746
Map View
26 Penwick Crescent, Richmond Hill, ON L4C 5B4 - Property 1
SOLD
Sold: $1,110,000$1,188,000
26 Penwick Crescent, Richmond Hill
3 bed • 3 bath • 3 parking
35 Kitsilano Crescent, Richmond Hill, ON L4C 5A4 - Property 1
SOLD
Sold: $1,045,000$1,070,000
35 Kitsilano Crescent, Richmond Hill
4 bed • 3 bath • 3 parking
215 Weldrick Road W, Richmond Hill, ON L4C 5J2 - Property 1
SOLD
Sold: $945,000$988,000
215 Weldrick Road W, Richmond Hill
4 bed • 2 bath • 4 parking
195 Avenue Road, Richmond Hill, ON L4C 4Z7 - Property 1
SOLD
Sold: $975,000$999,000
195 Avenue Road, Richmond Hill
3 bed • 2 bath • 4 parking
75 Lillooet Crescent, Richmond Hill, ON L4C 5A6 - Property 1
SOLD
Sold: $1,140,000$1,199,888
75 Lillooet Crescent, Richmond Hill
4 bed • 2 bath • 4 parking
93 Mayvern Crescent, Richmond Hill, ON L4C 5J6 - Property 1
SOLD
Sold: $1,200,000$1,249,000
93 Mayvern Crescent, Richmond Hill
3 bed • 3 bath • 5 parking
197 May Avenue, Richmond Hill, ON L4C 3S8 - Property 1
SOLD
Sold: $2,400,000$2,498,000
197 May Avenue, Richmond Hill
4 bed • 3 bath • 8 parking
6 Drumern Crescent, Richmond Hill, ON L4C 5H8 - Property 1
SOLD
Sold: $1,312,109$1,098,000
6 Drumern Crescent, Richmond Hill
4 bed • 3 bath • 5 parking
80 Castle Rock Drive, Richmond Hill, ON L4C 5K4 - Property 1
SOLD
Sold: $975,000$999,000
80 Castle Rock Drive, Richmond Hill
3 bed • 2 bath • 4,300 sqft
46 Merrylynn Drive, Richmond Hill, ON L4C 5A9 - Property 1
SOLD
Sold: $950,000$975,000
46 Merrylynn Drive, Richmond Hill
3 bed • 2 bath • 6 parking
146 Weldrick Road W, Richmond Hill, ON L4C 3V1 - Property 1
SOLD
Sold: $1,250,000$1,525,000
146 Weldrick Road W, Richmond Hill
6 bed • 4 bath • 12 parking
15 Springhead Gardens, Richmond Hill, ON L4C 5B8 - Property 1
SOLD
Sold: $1,094,000$1,118,000
15 Springhead Gardens, Richmond Hill
4 bed • 3 bath • 4,749 sqft

North Richvale, Richmond Hill Bungalow Market Trends & Statistics

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

Seller's Market(31.6% SNR)
Median Sold (6M)
$1,077,500
-36.6% YoY
Avg. Days on Market
42 Days
6-month closed average
Sold (6M) / Active
6 / 19
Closed vs active inventory
6M / 2Y Price Change
-56.5% (6M)
2Y trend: -17.7%
Nov 26: Median $1,045,000 • 1 sold • 14 DOMHover or tap points to inspect monthly data
$740k$1.21M$1.68M$2.15M$2.62MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

North Richvale, Richmond Hill Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,077,500642 days19
1 Year$1,110,0001134 days19
3 Years$1,215,0002933 days19
5 Years$1,215,0002933 days19

Sold Bungalow Benchmarks & Market Trends in North Richvale, Richmond Hill

Reviewing recently sold bungalows in North Richvale, Richmond Hill provides direct, unvarnished insight into actual closing values and transaction liquidity. With 29 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 North Richvale, Richmond Hill demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in North Richvale, Richmond Hill

BedroomsAvg. PriceActive Listings
3 Beds$1,133,30010
4 Beds$1,367,44115
5+ Beds$1,621,5034

North Richvale, Richmond Hill Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in North Richvale, Richmond Hill establish clear pricing benchmarks. Entry-level single-storey properties have traded from $945K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $2.4M. The benchmark average sold price for a bungalow in North Richvale, Richmond Hill sits at $1.3M.

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

Secondary Suites, ADUs & Investment Potential in North Richvale, Richmond Hill

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

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

Frequently Asked Questions

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

The average sold price for a bungalow in North Richvale 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.