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There are currently 11 sold bungalow listings in Riverdale Road, Thunder Bay, Ontario with an average price of $590,636 CAD.

Listings:
11
Avg. Price:
$590,636
Map View
1027 Riverdale Road, Thunder Bay, ON P7J 1N3 - Property 1
SOLD
Sold: $600,000$625,000
1027 Riverdale Road, Thunder Bay
4 bed • 1 bath • 4 parking
2196 Falconcrest Drive, Thunder Bay, ON P7J 1H5 - Property 1
SOLD
Sold: $680,000$699,900
2196 Falconcrest Drive, Thunder Bay
3 bed • 3 bath • 29,213 sqft
1030 DEEPWOOD DR., Thunder Bay, ON P7J 1H7 - Property 1
SOLD
Sold: $751,000$749,900
1030 Deepwood Dr., Thunder Bay
3 bed • 3 bath • N/A
1335 Riverdale Road, Thunder Bay, ON P7J 1N1 - Property 1
SOLD
Sold: $735,000$649,000
1335 Riverdale Road, Thunder Bay
5 bed • 3 bath • 3 sqft
2187 Cavar Rd, Thunder Bay, ON P7J 1L5 - Property 1
SOLD
Sold: $373,000$349,900
2187 Cavar Rd, Thunder Bay
2 bed • 1 bath • 4 sqft
1595 HWY 61, Thunder Bay, ON P7J 1G2 - Property 1
SOLD
Sold: $510,000$499,900
1595 Hwy 61, Thunder Bay
6 bed • 2 bath • N/A
1860 Heathcliff Drive, Thunder Bay, ON P7J 0K6 - Property 1
SOLD
Sold: $785,000$820,000
1860 Heathcliff Drive, Thunder Bay
3 bed • 2 bath • N/A
2090 Riverdale Road, Thunder Bay, ON P7J 1M9 - Property 1
SOLD
Sold: $550,000$479,900
2090 Riverdale Road, Thunder Bay
3 bed • 2 bath • 2 sqft
2225 Cavar Road, Thunder Bay, ON P7C 4V2 - Property 1
SOLD
Sold: $275,000$279,900
2225 Cavar Road, Thunder Bay
2 bed • 1 bath • N/A
2152 Southcliff Place, Thunder Bay, ON P7J 1H4 - Property 1
SOLD
Sold: $727,000$749,900
2152 Southcliff Place, Thunder Bay
5 bed • 3 bath • N/A
1450 Riverdale Road, Thunder Bay, ON P7J 1M9 - Property 1
SOLD
Sold: $511,000$299,900
1450 Riverdale Road, Thunder Bay
1 bed • 1 bath • 11 sqft

Riverdale Road, Thunder Bay Bungalow Market Trends & Statistics

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

Buyer's Market
Median Sold (6M)
$640,000
-12.9% YoY
Avg. Days on Market
34 Days
6-month closed average
Sold (6M) / Active
2 / 0
Closed vs active inventory
6M / 2Y Price Change
-14.8% (6M)
2Y trend: +25.2%
Nov 26: Median $640,000 • 2 sold • 34 DOMHover or tap points to inspect monthly data
$620k$658k$695k$733k$770kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Riverdale Road, Thunder Bay Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$640,000234 days0
1 Year$680,000325 days0
3 Years$600,0001117 days0
5 Years$600,0001117 days0

Sold Bungalow Benchmarks & Market Trends in Riverdale Road, Thunder Bay

Reviewing recently sold bungalows in Riverdale Road, Thunder Bay provides direct, unvarnished insight into actual closing values and transaction liquidity. With 11 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 Riverdale Road, Thunder Bay demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Riverdale Road, Thunder Bay

BedroomsAvg. PriceActive Listings
1 Bed$511,0001
2 Beds$324,0002
3 Beds$691,5004
4 Beds$600,0001
5+ Beds$657,3333

Riverdale Road, Thunder Bay Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Riverdale Road, Thunder Bay establish clear pricing benchmarks. Entry-level single-storey properties have traded from $275K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $785K. The benchmark average sold price for a bungalow in Riverdale Road, Thunder Bay sits at $591K.

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

Secondary Suites, ADUs & Investment Potential in Riverdale Road, Thunder Bay

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

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

Frequently Asked Questions

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

The average sold price for a bungalow in Riverdale Road is currently $591K, 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.