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There are currently 5 for rent bungalow listings in New Toronto, Toronto, Ontario with an average price of $2,265 CAD.

Listings:
5
Avg. Price:
$2,265
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New Toronto, Toronto Bungalow Market Trends & Statistics

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

Seller's Market(200% SNR)
Median Sold (6M)
$757,500
-25.6% YoY
Avg. Days on Market
20 Days
6-month closed average
Sold (6M) / Active
14 / 7
Closed vs active inventory
6M / 2Y Price Change
-12.6% (6M)
2Y trend: -34.6%
Nov 26: Median $765,000 • 3 sold • 19 DOMHover or tap points to inspect monthly data
$680k$798k$915k$1.03M$1.15MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

New Toronto, Toronto Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$757,5001420 days7
1 Year$826,5002620 days7
3 Years$875,0005026 days7
5 Years$875,0005026 days7

Bungalow Rental Market Dynamics in New Toronto, Toronto

The bungalow rental market in New Toronto, Toronto currently features 5 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 New Toronto, Toronto provide exceptional comfort and privacy.

Prospective tenants in New Toronto, Toronto 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 New Toronto, Toronto

BedroomsAvg. PriceActive Listings
1 Bed$1,8001
2 Beds$2,3583
3 Beds$2,4501

New Toronto, Toronto Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in New Toronto, Toronto 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 New Toronto, Toronto currently commands approximately $2K per month.

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

Secondary Suites, ADUs & Investment Potential in New Toronto, Toronto

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

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

Frequently Asked Questions

Everything you need to know about bungalows in New Toronto, Toronto.

The average monthly lease price for a bungalow in New Toronto is currently $2K, 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.