There are currently 121 sold bungalow listings in Southgate, Ontario with an average price of $688,450 CAD.
- Listings:
- 121
- Avg. Price:
- $688,450
Bungalows Sold in Southgate, 121 Listings












Southgate Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Southgate Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $625,000 | 43 | 49 days | 24 |
| 1 Year | $622,000 | 57 | 53 days | 24 |
| 3 Years | $631,500 | 120 | 52 days | 24 |
| 5 Years | $631,500 | 120 | 52 days | 24 |
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 121 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
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 1 Bed | $310,000 | 1 |
| 2 Beds | $689,333 | 11 |
| 3 Beds | $623,108 | 53 |
| 4 Beds | $782,265 | 31 |
| 5+ Beds | $742,779 | 17 |
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.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| Southgate | $687,963 | 114 |
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.
