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There are currently 119 sold bungalow listings in Southgate, Ontario with an average price of $688,450 CAD.

Listings:
119
Avg. Price:
$688,450

...

Southgate Bungalow Market Trends & Statistics

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

Seller's Market(179.2% SNR)
Median Sold (6M)
$625,000
-6.4% YoY
Avg. Days on Market
49 Days
6-month closed average
Sold (6M) / Active
43 / 24
Closed vs active inventory
6M / 2Y Price Change
+0.5% (6M)
2Y trend: +82.9%
Nov 26: Median $608,250 • 8 sold • 37 DOMHover or tap points to inspect monthly data
$460k$555k$650k$745k$840kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Southgate Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$625,0004349 days24
1 Year$622,0005753 days24
3 Years$631,50012052 days24
5 Years$631,50012052 days24

Sold Bungalow Benchmarks & Market Trends in Southgate

Reviewing recently sold bungalows in Southgate provides direct, unvarnished insight into actual closing values and transaction liquidity. With 119 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 Southgate demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Southgate

BedroomsAvg. PriceActive Listings
1 Bed$310,0001
2 Beds$689,33311
3 Beds$623,10853
4 Beds$782,26531
5+ Beds$742,77917

Southgate Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Southgate establish clear pricing benchmarks. Entry-level single-storey properties have traded from $260K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.8M. The benchmark average sold price for a bungalow in Southgate sits at $688K.

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

Secondary Suites, ADUs & Investment Potential in Southgate

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Southgate, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Southgate 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 Southgate exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Top Neighborhoods in Southgate

Exploring sub-areas within Southgate can help buyers compare average prices and active inventory across communities.

NeighborhoodAvg. PriceListings
Southgate$687,963114

Accessibility, Aging-in-Place & Downsizer Demand in Southgate

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

Frequently Asked Questions

Everything you need to know about bungalows in Southgate.

The average sold price for a bungalow in Southgate is currently $688K, 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.