Best Bungalows for Sale in Ontario Under $1M

Ontario’s real estate market is known for its diversity — from modern condos in Toronto to countryside estates in Niagara. But for many buyers seeking simplicity and long-term value, bungalows remain one of the most attractive housing options. As home prices adjust across the province, the market for bungalows for sale in Ontario under $1M has opened new possibilities for first-time buyers, retirees, and families alike.

Today, owning a bungalow doesn’t just mean a comfortable lifestyle; it means investing in a property that balances accessibility, value, and timeless appeal. Let’s explore where you can still find affordable bungalows under $1 million and what makes them such a smart buy in 2025.

Why Choose a Bungalow in Ontario

A bungalow’s appeal lies in its practicality. Everything is on one level — no stairs, no basement dependency, and easy access for all ages. This single-level living is especially popular with seniors looking to age in place and families with young children who want safety and simplicity.

Beyond convenience, bungalows tend to sit on generous lots, giving homeowners more outdoor space compared to multi-story homes in the same price range. They also offer excellent renovation potential, whether you plan to expand vertically or add a basement suite for rental income.

The resale value of bungalows remains strong in Ontario because demand is consistent. Buyers are always looking for easy-to-maintain homes, and developers find it harder to replace single-level houses in dense urban areas, keeping supply tight.

Where to Find the Best Bungalows Under $1M

While Toronto’s core remains pricey, several Ontario cities still offer affordable bungalows below the million-dollar mark. Each area offers something unique — from quiet suburbs to scenic communities near lakes and vineyards.

Brampton

Brampton has become one of the best places to find bungalows for sale under $1M. Many homes in neighborhoods like Peel Village or Northwood Park feature renovated interiors and large backyards. With the city’s strong transit connections and growing infrastructure, Brampton’s bungalows are great for young families and first-time buyers.

Mississauga

Mississauga’s bungalow market blends modern living with established neighborhoods. Areas such as Applewood and Clarkson offer updated bungalows within minutes of schools, parks, and Lake Ontario. While newer properties often exceed $1M, older homes still sell below that price, offering opportunities for buyers willing to renovate or upgrade.

Hamilton

Hamilton is a hot spot for affordable housing in Ontario, and its bungalow market is thriving. You can find well-kept, three-bedroom homes with yards and finished basements between $700,000 and $950,000. With its growing arts scene, proximity to Toronto, and revitalized downtown, Hamilton remains one of Ontario’s best value markets.

Burlington

Burlington combines the charm of small-town life with urban convenience. Many bungalows here feature large lots, tree-lined streets, and lake access. Prices hover around $900,000, depending on proximity to the waterfront. For buyers who prioritize lifestyle and community atmosphere, Burlington is a standout choice.

St. Catharines

Known as “The Garden City,” St. Catharines offers beautiful bungalows under $1M surrounded by parks, vineyards, and the Niagara Escarpment. The area attracts retirees and investors alike, thanks to its affordability and easy access to Niagara-on-the-Lake and the U.S. border.

Oshawa and Whitby

In Durham Region, Oshawa and Whitby have become go-to destinations for buyers priced out of Toronto. The average bungalow here costs between $800,000 and $950,000, often featuring modern interiors and double-car garages. These cities offer a good balance between affordability, safety, and proximity to major employment hubs.

Features to Expect in Ontario Bungalows Under $1M

Despite being under a million dollars, bungalows across Ontario offer plenty of features and charm. Depending on location and age, you can expect:

• Spacious lots with more front and backyard space than newer two-story homes

• Modern updates like open-concept kitchens, upgraded flooring, and efficient heating systems

• Basement suites that provide income potential for investors

• Proximity to amenities such as parks, schools, and public transit

Bungalows in smaller towns such as Guelph, Cambridge, or Kitchener may also include extra square footage, garages, or updated exteriors while staying under the $1M mark.

Why Now Is a Good Time to Buy

The Ontario real estate market in 2025 has stabilized after several years of volatility. With interest rates easing and listings increasing, buyers have more choice and negotiation power. The under-$1M price bracket is especially active because it aligns with the average family’s buying budget.

Bungalows, in particular, are attracting steady demand from downsizers selling larger homes and first-time buyers who value long-term livability. As new construction costs rise, the limited supply of detached, single-level homes keeps these properties in demand.

Buying a bungalow now could mean strong appreciation potential once the market gains momentum again.

Tips for Buyers Searching Under $1M

When looking for bungalows for sale in Ontario under $1M, it’s important to act strategically:

• Set a realistic budget that includes renovation and closing costs

• Work with a local realtor experienced in bungalow properties

• Expand your search beyond Toronto to find hidden gems in nearby towns

• Inspect carefully for age-related issues such as roofing, plumbing, or insulation

The Long-Term Appeal of Bungalows

A bungalow isn’t just a house — it’s a lifestyle. The single-level design makes it practical for all ages, while the spacious lots offer room to grow or garden. For investors, bungalows are easier to rent or renovate than multi-story homes. For families and retirees, they represent comfort and independence.

In the years ahead, as Ontario continues to grow and densify, bungalows will become even more valuable due to their scarcity and desirability. Whether you’re buying for yourself or as an investment, a bungalow under $1M offers the perfect balance between affordability, space, and sustainability.

Conclusion

The market for bungalows for sale in Ontario under $1M is one of the most exciting opportunities in Canadian real estate today. From Brampton to St. Catharines, these homes deliver both lifestyle and long-term value. With careful research and the right agent, you can find a property that fits your needs, offers strong equity potential, and provides a peaceful place to call home.

Bungalows remain timeless — simple, functional, and full of possibility — and Ontario still has plenty waiting to be discovered below the million-dollar mark.