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There are currently 117 sold bungalow listings in Shuniah, Thunder Bay, Ontario with an average price of $402,775 CAD.

Listings:
117
Avg. Price:
$402,775
Map View
16 Hull Avenue, Thunder Bay, ON P7A 6P1 - Property 1
SOLD
Sold: $197,400$139,900
16 Hull Avenue, Thunder Bay
2 bed • 3 bath • 2 parking
221 Balsam Street, Thunder Bay, ON P7A 5N4 - Property 1
SOLD
Sold: $400,000$435,000
221 Balsam Street, Thunder Bay
3 bed • 2 bath • 4 parking
373 Royal Street, Thunder Bay, ON P7A 3N5 - Property 1
SOLD
Sold: $389,900$379,900
373 Royal Street, Thunder Bay
3 bed • 2 bath • 3 parking
282 Algoma Street N, Thunder Bay, ON P7A 5A6 - Property 1
SOLD
Sold: $550,000$549,900
282 Algoma Street N, Thunder Bay
4 bed • 3 bath • 7 parking
167 Bruce Street, Thunder Bay, ON P7A 5W8 - Property 1
SOLD
Sold: $482,000$479,900
167 Bruce Street, Thunder Bay
4 bed • 2 bath • 2 parking
84 Penfold Street, Thunder Bay, ON P7A 3J9 - Property 1
SOLD
Sold: $226,000$199,900
84 Penfold Street, Thunder Bay
1 bed • 1 bath • 4 parking
72 Burriss Street NW, Thunder Bay, ON P7A 3E1 - Property 1
SOLD
Sold: $350,000$349,900
72 Burriss Street Nw, Thunder Bay
3 bed • 1 bath • 6 parking
69 Matthews St. Street, Thunder Bay, ON P7A 3K8 - Property 1
SOLD
Sold: $461,500$399,900
69 Matthews St. Street, Thunder Bay
3 bed • 2 bath • 3 parking
123 Parsons Avenue, Thunder Bay, ON P7A 7B3 - Property 1
SOLD
Sold: $503,000$429,900
123 Parsons Avenue, Thunder Bay
4 bed • 2 bath • 4 parking
870 Detroit Avenue, Thunder Bay, ON P7A 6M8 - Property 1
SOLD
Sold: $385,000$399,800
870 Detroit Avenue, Thunder Bay
2 bed • 2 bath • 2 parking
368 Mcintyre Street N, Thunder Bay, ON P7A 3C1 - Property 1
SOLD
Sold: $410,000$339,900
368 Mcintyre Street N, Thunder Bay
2 bed • 2 bath • 4 parking
82 Brent Street, Thunder Bay, ON P7A 5T6 - Property 1
SOLD
Sold: $471,000$449,900
82 Brent Street, Thunder Bay
4 bed • 2 bath • 3,465 sqft
...

Shuniah, Thunder Bay Bungalow Market Trends & Statistics

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

Seller's Market(1200% SNR)
Median Sold (6M)
$390,000
-10.4% YoY
Avg. Days on Market
15 Days
6-month closed average
Sold (6M) / Active
36 / 3
Closed vs active inventory
6M / 2Y Price Change
+6.6% (6M)
2Y trend: +22.4%
Nov 26: Median $389,950 • 6 sold • 14 DOMHover or tap points to inspect monthly data
$210k$283k$355k$428k$500kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Shuniah, Thunder Bay Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$390,0003615 days3
1 Year$390,0005315 days3
3 Years$395,00011714 days3
5 Years$395,00011714 days3

Sold Bungalow Benchmarks & Market Trends in Shuniah, Thunder Bay

Reviewing recently sold bungalows in Shuniah, Thunder Bay provides direct, unvarnished insight into actual closing values and transaction liquidity. With 117 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 Shuniah, Thunder Bay demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Shuniah, Thunder Bay

BedroomsAvg. PriceActive Listings
1 Bed$271,7004
2 Beds$376,29420
3 Beds$395,44547
4 Beds$440,42930
5+ Beds$469,9674

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

Recent MLS® sales in Shuniah, Thunder Bay establish clear pricing benchmarks. Entry-level single-storey properties have traded from $250K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $565K. The benchmark average sold price for a bungalow in Shuniah, Thunder Bay sits at $403K.

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

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

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

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

Frequently Asked Questions

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

The average sold price for a bungalow in Shuniah is currently $403K, 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.