There are currently 39 for rent bungalow listings in Toronto W08, Ontario with an average price of $3,834 CAD.
- Listings:
- 39
- Avg. Price:
- $3,834
Bungalows for Rent in Toronto W08, 39 Listings
Toronto W08 Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Toronto W08 Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $1,225,000 | 225 | 22 days | 82 |
| 1 Year | $1,225,000 | 344 | 25 days | 82 |
| 3 Years | $1,265,000 | 671 | 23 days | 82 |
| 5 Years | $1,265,000 | 671 | 23 days | 82 |
Bungalow Rental Market Dynamics in Toronto W08
The bungalow rental market in Toronto W08 currently features 39 verified single-storey lease listings on the MLS®. Offering tenants private fenced yards, multi-car driveways, and expansive single-level living without condo maintenance fees, detached bungalows in Toronto W08 provide exceptional comfort and privacy.
Prospective tenants in Toronto W08 can choose from traditional detached brick bungalows, raised bungalows with bright above-grade lower levels, and modern bungalofts featuring main-floor primary suites.
Average Prices by Bedroom in Toronto W08
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 1 Bed | $1,350 | 3 |
| 2 Beds | $2,662 | 10 |
| 3 Beds | $3,154 | 12 |
| 4 Beds | $4,922 | 9 |
| 5+ Beds | $7,340 | 5 |
Toronto W08 Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Understanding current rental rates in Toronto W08 is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $1K, while renovated full-home properties and executive bungalows lease for up to $15K. The average bungalow rental in Toronto W08 currently commands approximately $4K per month.
Because land value represents the overwhelming majority of a bungalow's total equity in Toronto W08, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Toronto W08
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Toronto W08, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Toronto W08 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 Toronto W08 exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Top Neighborhoods in Toronto W08
Exploring sub-areas within Toronto W08 can help buyers compare average prices and active inventory across communities.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| Islington-City Centre West | $3,589 | 19 |
| Eringate-Centennial-West Deane | $3,161 | 7 |
| Edenbridge-Humber Valley | $5,238 | 4 |
| Princess-Rosethorn | $4,432 | 3 |
| Etobicoke West Mall | $5,148 | 2 |
| Markland Wood | $3,775 | 2 |
| Kingsway South | $3,550 | 2 |
Accessibility, Aging-in-Place & Downsizer Demand in Toronto W08
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Toronto W08 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 Toronto W08 represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Toronto W08.