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There are currently 23 sold bungalow listings in Steeles, Toronto E05, Ontario with an average price of $1,184,976 CAD.

Listings:
23
Avg. Price:
$1,184,976
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Steeles, Toronto E05 Bungalow Market Trends & Statistics

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

Seller's Market(900% SNR)
Median Sold (6M)
$1,200,000
-23% YoY
Avg. Days on Market
26 Days
6-month closed average
Sold (6M) / Active
9 / 1
Closed vs active inventory
6M / 2Y Price Change
-15.8% (6M)
2Y trend: -28.8%
Nov 26: Median $1,040,000 • 2 sold • 43 DOMHover or tap points to inspect monthly data
$770k$935k$1.10M$1.26M$1.43MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Steeles, Toronto E05 Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,200,000926 days1
1 Year$1,191,8001126 days1
3 Years$1,228,0002323 days1
5 Years$1,228,0002323 days1

Sold Bungalow Benchmarks & Market Trends in Steeles, Toronto E05

Reviewing recently sold bungalows in Steeles, Toronto E05 provides direct, unvarnished insight into actual closing values and transaction liquidity. With 23 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 Steeles, Toronto E05 demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Steeles, Toronto E05

BedroomsAvg. PriceActive Listings
2 Beds$645,0001
3 Beds$880,0001
4 Beds$1,115,30010
5+ Beds$1,325,13211

Steeles, Toronto E05 Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Steeles, Toronto E05 establish clear pricing benchmarks. Entry-level single-storey properties have traded from $645K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.6M. The benchmark average sold price for a bungalow in Steeles, Toronto E05 sits at $1.2M.

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

Secondary Suites, ADUs & Investment Potential in Steeles, Toronto E05

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Steeles, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Steeles, Toronto E05 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 Steeles, Toronto E05 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 Steeles, Toronto E05

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Steeles, Toronto E05 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 Steeles, Toronto E05 represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Steeles, Toronto E05.

The average sold price for a bungalow in Steeles is currently $1.2M, 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.