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There are currently 11 for sale bungalow listings in North Richvale, Richmond Hill, Ontario with an average price of $2,239,506 CAD.

Listings:
11
Avg. Price:
$2,239,506
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No Active Listings in North Richvale Right Now

Inventory in North Richvale updates daily from the MLS®. Explore recently sold properties in North Richvale, nearby listings across Richmond Hill, or browse surrounding neighbourhoods below.

Bungalows for sale in North Richvale, Richmond Hill: Local Market Guide

Seeing zero current matches for bungalows for sale in North Richvale, Richmond Hill usually reflects low homeowner turnover rather than lack of demand. Single-storey pockets within Richmond Hill tend to trade infrequently because downsizers, retirees, and families hold onto main-floor layouts for years.

When North Richvale has no current openings, the clearest next step is watching active bungalows across Richmond Hill, where detached and raised single-storey listings update daily from the MLS®.

Even while active MLS® inventory in North Richvale is paused, 6 recent closings remain visible on our North Richvale sold listings page so you can review achieved prices and days on market.

If you want to stay in the area short term while waiting for the right home to list, current leasing options are tracked under North Richvale bungalow rentals.

Comparing Single-Storey Home Styles in Richmond Hill

Households considering North Richvale often cross-shop several single-level floor plans based on stair access, storage, and multi-generational living needs:

  • Traditional 1-Storey Layouts: Full ground-floor living with main-level bedrooms and private driveways. Explore detached bungalows across Richmond Hill to compare lot widths and interior updates.
  • Raised Floor Plans: Elevated main levels allow larger above-grade basement windows and brighter lower recreation spaces. See current raised bungalows in Richmond Hill for split-entry options.
  • Bungalofts: Ideal when you want a main-floor primary suite plus an upper loft bedroom or office for guests, showcased across Richmond Hill bungalofts.
  • Secondary Suite Readiness: Full-footprint basements, side entrances, and wide driveways can support in-law suites or rental income subject to Richmond Hill zoning bylaws. Browse finished-basement listings in Richmond Hill to compare lower-level layouts already completed.

Nearby Richmond Hill Neighbourhoods With Active Inventory

Comparing neighbouring pockets is one of the most practical ways to stay within the same school, shopping, and commuter corridors while waiting for a home in North Richvale. Active listings are currently available nearby in Crosby, Harding, Jefferson, Langstaff, Mill Pond, Oak Ridges.

You can also track recently sold homes in Richmond Hill or compare bungalow rentals in Richmond Hill to gauge overall demand across the area.

Buyer Due Diligence & Helpful Planning Tools

Before placing an offer in North Richvale or surrounding Richmond Hill streets, check roof and furnace age, lot grading near mature trees, electrical panel capacity, and municipal permit history for finished basements.

If you are flexible on location, you can expand your search to Ontario bungalows for sale or compare communities using our Ontario cities directory.

To budget closing costs and monthly payments ahead of a showing, try our mortgage calculators and the Ontario land transfer tax calculator.

North Richvale, Richmond Hill Bungalow Market Trends & Statistics

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

Seller's Market(33.3% SNR)
Median Sold (6M)
$1,077,500
-36.6% YoY
Avg. Days on Market
42 Days
6-month closed average
Sold (6M) / Active
6 / 18
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 days18
1 Year$1,110,0001134 days18
3 Years$1,215,0002933 days18
5 Years$1,215,0002933 days18

Bungalow Living & Market Dynamics in North Richvale, Richmond Hill

The single-storey housing market in North Richvale, Richmond Hill currently offers 11 verified bungalow listings on the MLS®. As one of the most coveted property segments across Ontario, bungalows in North Richvale, Richmond Hill are distinguished by their generous lot frontages—typically spanning 50 to 70+ feet—mature tree canopies, and exceptional privacy compared to modern high-density subdivisions.

Buyers exploring North Richvale, Richmond Hill will find diverse single-storey architectural configurations: classic mid-century detached brick bungalows, raised bungalows featuring high above-grade windows that flood lower levels with natural light, modern executive bungalofts with ground-floor primary suites, and expansive split-level designs.

Average Prices by Bedroom in North Richvale, Richmond Hill

BedroomsAvg. PriceActive Listings
2 Beds$2,199,0001
3 Beds$2,308,06010
4 Beds$2,119,0003
5+ Beds$2,145,0003

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

Based on active MLS® real estate data, the benchmark average price for a detached bungalow in North Richvale, Richmond Hill is currently $2.1M. Entry-level bungalows start around $550K, presenting accessible opportunities for first-time buyers, downsizers, or renovation enthusiasts seeking solid structural footprints. At the upper tier, luxury custom bungalows and executive estates on premium mature lots command up to $7.9M.

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.