There are currently 2 for rent bungalow listings in Oakridge, Toronto, Ontario with an average price of $2,398 CAD.
- Listings:
- 2
- Avg. Price:
- $2,398
Bungalows for Rent in Oakridge, Toronto, 2 Listings
Oakridge, Toronto Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Oakridge, Toronto Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $738,000 | 14 | 34 days | 10 |
| 1 Year | $750,000 | 21 | 28 days | 10 |
| 3 Years | $775,000 | 34 | 22 days | 10 |
| 5 Years | $775,000 | 34 | 22 days | 10 |
Bungalow Rental Market Dynamics in Oakridge, Toronto
The bungalow rental market in Oakridge, Toronto 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 Oakridge, Toronto provide exceptional comfort and privacy.
Prospective tenants in Oakridge, 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 Oakridge, Toronto
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $1,995 | 1 |
| 3 Beds | $2,800 | 1 |
Oakridge, Toronto Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Understanding current rental rates in Oakridge, 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 $3K. The average bungalow rental in Oakridge, Toronto currently commands approximately $2K per month.
Because land value represents the overwhelming majority of a bungalow's total equity in Oakridge, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Oakridge, Toronto
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Oakridge, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Oakridge, 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 Oakridge, 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 Oakridge, Toronto
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Oakridge, 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 Oakridge, Toronto represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Oakridge, Toronto.