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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
458 Algoma Street N, Thunder Bay, ON P7A 5B9 - Property 1
SOLD
Sold: $370,000$275,000
458 Algoma Street N, Thunder Bay
3 bed • 2 bath • N/A
97 MATTHEWS Street, Thunder Bay, ON P7A 3K8 - Property 1
SOLD
Sold: $396,500$399,900
97 Matthews Street, Thunder Bay
3 bed • 2 bath • N/A
75 Manion Place, Thunder Bay, ON P7A 6Y9 - Property 1
SOLD
Sold: $460,000$399,900
75 Manion Place, Thunder Bay
3 bed • 2 bath • N/A
181 Farrand Street, Thunder Bay, ON P7A 3J2 - Property 1
SOLD
Sold: $410,000$399,900
181 Farrand Street, Thunder Bay
3 bed • 3 bath • N/A
30 Melvin Ave, Thunder Bay, ON P7A 7C2 - Property 1
SOLD
Sold: $545,000$429,900
30 Melvin Ave, Thunder Bay
2 bed • 2 bath • N/A
137 Huron Crescent, Thunder Bay, ON P7A 3K3 - Property 1
SOLD
Sold: $242,000$199,900
137 Huron Crescent, Thunder Bay
3 bed • 1 bath • N/A
412 Toledo Street, Thunder Bay, ON P7A 2R6 - Property 1
SOLD
Sold: $370,000$379,000
412 Toledo Street, Thunder Bay
3 bed • 2 bath • N/A
807 Superior Avenue, Thunder Bay, ON P7A 6K3 - Property 1
SOLD
Sold: $499,900$499,900
807 Superior Avenue, Thunder Bay
5 bed • 2 bath • N/A
20 Primrose Street, Thunder Bay, ON P7A 6T3 - Property 1
SOLD
Sold: $190,000$149,900
20 Primrose Street, Thunder Bay
1 bed • 1 bath • N/A
172 Bruce Street, Thunder Bay, ON P7A 5W7 - Property 1
SOLD
Sold: $255,100$189,900
172 Bruce Street, Thunder Bay
1 bed • 1 bath • N/A
77 Gertrude Avenue, Thunder Bay, ON P7A 6V6 - Property 1
SOLD
Sold: $479,900$479,900
77 Gertrude Avenue, Thunder Bay
4 bed • 2 bath • N/A
17 Penfold Street, Thunder Bay, ON P7A 3J6 - Property 1
SOLD
Sold: $250,000$289,900
17 Penfold Street, Thunder Bay
3 bed • 2 bath • N/A
...

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.