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There are currently 19 sold bungalow listings in Parkdale, Thunder Bay, Ontario with an average price of $730,517 CAD.

Listings:
19
Avg. Price:
$730,517
Map View
186 BRUIN Crescent, Thunder Bay, ON P7C 0C4 - Property 1
SOLD
Sold: $970,000$979,000
186 Bruin Crescent, Thunder Bay
5 bed • 3 bath • 2 parking
167 Lynx Crescent, Thunder Bay, ON P7C 6B3 - Property 1
SOLD
Sold: $493,500$499,900
167 Lynx Crescent, Thunder Bay
3 bed • 2 bath • 3 parking
4168 Vanguard Avenue, Thunder Bay, ON P7K 1C9 - Property 1
SOLD
Sold: $550,000$399,900
4168 Vanguard Avenue, Thunder Bay
2 bed • 1 bath • N/A
1106 MAHOGANY Place, Thunder Bay, ON P7K 0A3 - Property 1
SOLD
Sold: $1,205,000$999,900
1106 Mahogany Place, Thunder Bay
5 bed • 3 bath • N/A
2082 Magnolia Drive, Thunder Bay, ON P7K 0J3 - Property 1
SOLD
Sold: $1,200,000$1,250,000
2082 Magnolia Drive, Thunder Bay
3 bed • 3 bath • N/A
737 Confederation Drive, Thunder Bay, ON P7E 3N5 - Property 1
SOLD
Sold: $539,900$539,900
737 Confederation Drive, Thunder Bay
3 bed • 2 bath • N/A
2089 Arthur Street W, Thunder Bay, ON P7K 1C6 - Property 1
SOLD
Sold: $840,000$829,900
2089 Arthur Street W, Thunder Bay
4 bed • 4 bath • 9 sqft
153 Cougar Crescent, Thunder Bay, ON P7C 0B7 - Property 1
SOLD
Sold: $551,000$494,900
153 Cougar Crescent, Thunder Bay
2 bed • 2 bath • N/A
128 Wolverine Crescent, Thunder Bay, ON P7C 5Z2 - Property 1
SOLD
Sold: $895,000$899,900
128 Wolverine Crescent, Thunder Bay
4 bed • 3 bath • N/A
281 Caribou Crescent, Thunder Bay, ON P7C 5Z5 - Property 1
SOLD
Sold: $550,000$449,900
281 Caribou Crescent, Thunder Bay
3 bed • 3 bath • N/A
4650 25th Side Road, Thunder Bay, ON P7K 1E9 - Property 1
SOLD
Sold: $565,000$599,900
4650 25th Side Road, Thunder Bay
4 bed • 3 bath • 5 sqft
301 Caribou Crescent, Thunder Bay, ON P7C 5Z6 - Property 1
SOLD
Sold: $600,000$549,900
301 Caribou Crescent, Thunder Bay
3 bed • 2 bath • N/A

Parkdale, Thunder Bay Bungalow Market Trends & Statistics

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

Seller's Market(400% SNR)
Median Sold (6M)
$695,500
-12.7% YoY
Avg. Days on Market
15 Days
6-month closed average
Sold (6M) / Active
8 / 2
Closed vs active inventory
6M / 2Y Price Change
-31.7% (6M)
2Y trend: +29.9%
Nov 26: Median $493,500 • 1 sold • 23 DOMHover or tap points to inspect monthly data
$380k$613k$845k$1.08M$1.31MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Parkdale, Thunder Bay Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$695,500815 days2
1 Year$695,5001016 days2
3 Years$599,9001920 days2
5 Years$599,9001920 days2

Sold Bungalow Benchmarks & Market Trends in Parkdale, Thunder Bay

Reviewing recently sold bungalows in Parkdale, Thunder Bay provides direct, unvarnished insight into actual closing values and transaction liquidity. With 19 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 Parkdale, Thunder Bay demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Parkdale, Thunder Bay

BedroomsAvg. PriceActive Listings
2 Beds$593,6673
3 Beds$715,9229
4 Beds$687,5004
5+ Beds$1,087,5002

Parkdale, Thunder Bay Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Parkdale, Thunder Bay establish clear pricing benchmarks. Entry-level single-storey properties have traded from $380K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.4M. The benchmark average sold price for a bungalow in Parkdale, Thunder Bay sits at $731K.

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

Secondary Suites, ADUs & Investment Potential in Parkdale, Thunder Bay

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

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

Frequently Asked Questions

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

The average sold price for a bungalow in Parkdale is currently $731K, 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.