There are currently 2 sold bungalow listings in Elder Mills, Vaughan, Ontario with an average price of $1,073,500 CAD.
- Listings:
- 2
- Avg. Price:
- $1,073,500
Bungalows Sold in Elder Mills, Vaughan, 2 Listings
Elder Mills, Vaughan Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Elder Mills, Vaughan Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $1,073,500 | 2 | 32 days | 1 |
| 1 Year | $1,073,500 | 2 | 32 days | 1 |
| 3 Years | $1,073,500 | 2 | 32 days | 1 |
| 5 Years | $1,073,500 | 2 | 32 days | 1 |
Sold Bungalow Benchmarks & Market Trends in Elder Mills, Vaughan
Reviewing recently sold bungalows in Elder Mills, Vaughan provides direct, unvarnished insight into actual closing values and transaction liquidity. With 2 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 Elder Mills, Vaughan demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Elder Mills, Vaughan
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 3 Beds | $1,149,000 | 1 |
| 4 Beds | $998,000 | 1 |
Elder Mills, Vaughan Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Elder Mills, Vaughan establish clear pricing benchmarks. Entry-level single-storey properties have traded from $998K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.1M. The benchmark average sold price for a bungalow in Elder Mills, Vaughan sits at $1.1M.
Because land value represents the overwhelming majority of a bungalow's total equity in Elder Mills, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Elder Mills, Vaughan
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Elder Mills, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Elder Mills, Vaughan 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 Elder Mills, Vaughan 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 Elder Mills, Vaughan
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Elder Mills, Vaughan 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 Elder Mills, Vaughan represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Elder Mills, Vaughan.