Bungalows in Markham — The Rarest and Most Coveted Property Type in 2026
It commands a premium, sells fast when priced right, and is disappearing with every development cycle. The Markham bungalow. Michael John Lau & Neeraj Moolchandani map who buys them, where to find them, and what they're worth.
There is a property type in Markham that commands a premium, sells quickly when priced correctly, and is structurally disappearing from the market with every passing development cycle. It is not a luxury penthouse. It is not a new construction townhome. It is the bungalow — a single-storey detached home with a full basement, a generous lot, and the irreplaceable attribute of main-floor living.
Michael John Lau and Neeraj Moolchandani, top real estate agents in Markham Ontario, actively monitor Markham’s bungalow inventory for buyer clients who seek it — because finding the right bungalow in the right Markham community requires knowing the market at a street level that most searches cannot provide.
Why Bungalows Are Markham’s Rarest Property Type
The original Markham communities — Markham Village, Bullock, Raymerville, Milliken Mills, and portions of Unionville and Cachet — were developed primarily in the 1960s, 1970s, and 1980s when bungalow construction was still common. These homes sit on lots ranging from 50 to 80 feet wide, on streets with mature trees and the settled character of decades-old neighbourhoods.
Every time a Markham bungalow lot is sold for redevelopment — replaced by a new two-storey detached home or a multiplex under the expanding missing-middle framework — the bungalow inventory shrinks permanently. No new bungalows are being built in Markham in meaningful quantities. The bungalow community is a finite and diminishing resource, which is why true bungalow buyers consistently describe the search as frustrating and the competition as fierce when the right property appears.
Who Buys Markham Bungalows — and Why
Downsizing empty nesters and seniors. The primary buyer wants to eliminate stairs, reduce maintenance, and live on a single level without transitioning to a condo — freehold ownership, a private yard, no shared walls, no stairs. Swan Lake Village’s bungalow townhomes serve some of this demand, but buyers wanting freehold without condo governance seek detached bungalows.
Multi-generational families with aging parents. A family whose aging parent needs accessible main-floor accommodation often finds a bungalow is the only practical solution that maintains proximity without stairs. In a city with a 9.5% multigenerational living rate — third highest in Canada — this demand is consistent and sustained.
Renovation and development buyers. Bungalows on 60-foot lots attract buyers who see development potential — a deep lot for a garden suite, a value-add renovation, or a land assembly. The largest lots in Markham Village and Bullock have been developer-acquisition targets for decades because the land value often exceeds the building value.
Get Early Notice Before They Hit the Open Market
Michael John Lau & Neeraj Moolchandani maintain an active watch list for bungalow buyers — monitoring new listings in target communities and providing early notification before properties circulate widely.
Join the Bungalow Watch List (647) 370-8885Where to Find Bungalows in Markham
Markham Village. The city’s original community has the highest concentration of bungalows — primarily north and south of Main Street Markham, within walking distance of Markham Village GO Station, on lots 50 to 80 feet wide. The Heritage Conservation District on Main Street itself does not extend to most residential streets, allowing renovation and addition.
Bullock. North of Markham Village, a mix of bungalows and two-storey homes from the same era, with larger lots and mature trees on streets like Bullock Drive — one of Markham’s more sought-after bungalow locations.
Raymerville. Late-1970s and 1980s stock with a meaningful number of bungalows, near CF Markville Mall and Markville Secondary School — appealing to downsizing families who want retail proximity and a GO connection.
Milliken Mills. 1960s and 1970s bungalows, particularly in western sections. Asian cultural infrastructure — T&T Supermarket at Kennedy Road, Pacific Mall at Steeles — makes these especially sought-after among Chinese-Canadian downsizers.
Bayview Glen. Markham’s most expensive community has some of the largest bungalow lots — estate-scale properties commanding $2,500,000 and above. Rarely available, attracting buyers at the highest end of the market.
What Markham Bungalows Are Worth in 2026
True detached bungalows
Larger lots, prime location
Estate-scale bungalow parcels
The premium over comparable-sized two-storey homes reflects the accessibility and single-floor living premium, not construction quality or renovation status. Well-priced Markham bungalows consistently attract multiple showings and conditional offers within the first week of listing. Even stale bungalow listings receive more sustained inquiry than comparable two-storey homes, because the buyer pool for this property type is loyal and patient rather than conditional on market timing.
Michael John Lau and Neeraj Moolchandani, top real estate agents in Markham Ontario, maintain an active watch list for bungalow buyers — monitoring new listings in the communities their clients target and providing early notification before properties become widely circulated.
Frequently Asked Questions
Why are bungalows so rare in Markham?
Markham's bungalows date from the 1960s–1980s and no new ones are being built in meaningful quantities. Every time a bungalow lot is redeveloped into a two-storey home or multiplex, the inventory shrinks permanently — making bungalows a finite, diminishing property type.
Where can I find bungalows in Markham?
The highest concentrations are in Markham Village (around Main Street), Bullock, Raymerville (near CF Markville), and Milliken Mills (near T&T and Pacific Mall). Bayview Glen has the largest estate-scale bungalow lots at $2.5M and above.
How much do bungalows cost in Markham in 2026?
Roughly $900,000–$1,400,000 in Markham Village, Bullock, and Raymerville; $1,100,000–$1,600,000 in Milliken Mills and established Unionville; and $2,500,000+ in Bayview Glen. The premium reflects single-floor living and accessibility, not construction or renovation status.
Ready to Make Your Move in Markham?
Michael John Lau & Neeraj Moolchandani bring financial precision, neighbourhood expertise, and genuine care to every real estate decision. Let’s talk.
