There are currently 2 for rent bungalow listings in Toronto W02, Ontario with an average price of $1,600 CAD.
- Listings:
- 2
- Avg. Price:
- $1,600
Bungalows for Rent in Toronto W02, 2 Listings
Toronto W02 Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Toronto W02 Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $1,176,250 | 6 | 29 days | 4 |
| 1 Year | $893,500 | 12 | 27 days | 4 |
| 3 Years | $1,105,000 | 27 | 25 days | 4 |
| 5 Years | $1,105,000 | 27 | 25 days | 4 |
Bungalow Rental Market Dynamics in Toronto W02
The bungalow rental market in Toronto W02 currently features 2 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 W02 provide exceptional comfort and privacy.
Prospective tenants in Toronto W02 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 W02
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 1 Bed | $1,600 | 2 |
Toronto W02 Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Understanding current rental rates in Toronto W02 is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $2K, while renovated full-home properties and executive bungalows lease for up to $2K. The average bungalow rental in Toronto W02 currently commands approximately $2K per month.
Because land value represents the overwhelming majority of a bungalow's total equity in Toronto W02, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Toronto W02
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Toronto W02, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Toronto W02 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 W02 exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Top Neighborhoods in Toronto W02
Exploring sub-areas within Toronto W02 can help buyers compare average prices and active inventory across communities.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| Dovercourt-Wallace Emerson-Junction | $1,500 | 1 |
| Junction Area | $1,700 | 1 |
Accessibility, Aging-in-Place & Downsizer Demand in Toronto W02
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Toronto W02 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 W02 represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Toronto W02.