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There are currently 28 sold bungalow listings in College Park, Thunder Bay, Ontario with an average price of $493,318 CAD.

Listings:
28
Avg. Price:
$493,318
Map View
110 Elron Crescent, Thunder Bay, ON P7C 5T3 - Property 1
SOLD
Sold: $535,000$449,900
110 Elron Crescent, Thunder Bay
4 bed • 2 bath • N/A
182 Seneca Crescent, Thunder Bay, ON P7C 5W5 - Property 1
SOLD
Sold: $450,000$399,800
182 Seneca Crescent, Thunder Bay
3 bed • 2 bath • N/A
530 Ryerson Place, Thunder Bay, ON P7C 5R9 - Property 1
SOLD
Sold: $535,000$525,000
530 Ryerson Place, Thunder Bay
5 bed • 2 bath • N/A
234 Trinity Crescent, Thunder Bay, ON P7C 5V6 - Property 1
SOLD
Sold: $448,000$449,000
234 Trinity Crescent, Thunder Bay
4 bed • 2 bath • N/A
675 James Street N, Thunder Bay, ON P7C 5M8 - Property 1
SOLD
Sold: $435,000$399,900
675 James Street N, Thunder Bay
3 bed • 2 bath • N/A
111 Brescia Court, Thunder Bay, ON P7C 5R2 - Property 1
SOLD
Sold: $496,000$449,900
111 Brescia Court, Thunder Bay
4 bed • 3 bath • N/A
269 Trinity Crescent, Thunder Bay, ON P7C 5T9 - Property 1
SOLD
Sold: $565,269$509,000
269 Trinity Crescent, Thunder Bay
3 bed • 4 bath • N/A
200 Fanshaw Street, Thunder Bay, ON P7C 5V1 - Property 1
SOLD
Sold: $450,000$449,900
200 Fanshaw Street, Thunder Bay
3 bed • 2 bath • N/A
192 Humber Crescent, Thunder Bay, ON P7C 5X6 - Property 1
SOLD
Sold: $529,500$539,000
192 Humber Crescent, Thunder Bay
5 bed • 3 bath • N/A
141 Conestoga Street, Thunder Bay, ON P7C 5S9 - Property 1
SOLD
Sold: $405,000$379,900
141 Conestoga Street, Thunder Bay
3 bed • 2 bath • N/A
777 James Street N, Thunder Bay, ON P7C 5S3 - Property 1
SOLD
Sold: $392,500$399,000
777 James Street N, Thunder Bay
4 bed • 2 bath • N/A
252 Elron Crescent, Thunder Bay, ON P7C 5T5 - Property 1
SOLD
Sold: $486,000$489,900
252 Elron Crescent, Thunder Bay
4 bed • 2 bath • N/A

College Park, Thunder Bay Bungalow Market Trends & Statistics

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

Seller's Market(800% SNR)
Median Sold (6M)
$570,050
+22.6% YoY
Avg. Days on Market
21 Days
6-month closed average
Sold (6M) / Active
8 / 1
Closed vs active inventory
6M / 2Y Price Change
-1.8% (6M)
2Y trend: +31.4%
Nov 26: Median $565,000 • 0 sold • 28 DOMHover or tap points to inspect monthly data
$440k$480k$520k$560k$600kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

College Park, Thunder Bay Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$570,050821 days1
1 Year$570,050821 days1
3 Years$486,5002814 days1
5 Years$486,5002814 days1

Sold Bungalow Benchmarks & Market Trends in College Park, Thunder Bay

Reviewing recently sold bungalows in College Park, Thunder Bay provides direct, unvarnished insight into actual closing values and transaction liquidity. With 28 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 College Park, Thunder Bay demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in College Park, Thunder Bay

BedroomsAvg. PriceActive Listings
3 Beds$479,44613
4 Beds$501,20013
5+ Beds$532,2502

College Park, Thunder Bay Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in College Park, Thunder Bay establish clear pricing benchmarks. Entry-level single-storey properties have traded from $352K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $646K. The benchmark average sold price for a bungalow in College Park, Thunder Bay sits at $493K.

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

Secondary Suites, ADUs & Investment Potential in College Park, Thunder Bay

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

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

Frequently Asked Questions

Everything you need to know about bungalows in College Park, Thunder Bay.

The average sold price for a bungalow in College Park is currently $493K, 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.