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Best Ontario Towns to Buy a Bungalow in 2027, Ranked With Real Sold Data

Best Ontario towns to buy a bungalow in 2027

If you are planning to buy a bungalow in 2027, where should you look? We went through a full year of Ontario bungalow sales, November 2025 to October 2026, and picked ten towns that stand out for value, stable prices, choice and resale strength. Each pick comes with the numbers behind it, so you can judge for yourself.

A quick note on the numbers: “typical sold price” is the average of each month’s median bungalow sold price over the 12 months, weighted by sales, which smooths out one-off months. For comparison, Toronto’s typical bungalow sold for $959,000 over the same year, Mississauga’s for $1,003,000 and Burlington’s for $1,048,000.

The 10 towns at a glance

Bungalow sales, November 2025 to October 2026
Town Bungalows sold (12 months) Typical sold price Median days on market Sold vs asking Sold over asking
Hamilton 1,852 $662,000 25 97.2% 15%
Barrie 625 $667,000 23 97.3% 10%
Oshawa 732 $670,000 17 98.2% 29%
Peterborough 679 $549,000 25 97.6% 11%
St. Catharines 953 $560,000 23 97.2% 11%
Kitchener 543 $664,000 16 99.3% 43%
Belleville 483 $506,000 28 97.8% 13%
Welland 488 $526,000 33 96.5% 7%
Cobourg 215 $625,000 28 97.8% 10%
Kingston 669 $572,000 23 97.6% 15%

Hamilton: the most choice near Toronto

Hamilton sold 1,852 bungalows in the past year, more than any Ontario city except Toronto, at a typical price of $662,000, about $300,000 less than Toronto. Prices have been steady (the monthly median moved only about 11% from its low to its high), and only 15% of homes sold over asking, so buyers can compare and negotiate. Read the Hamilton November report.

Barrie: the steadiest prices in reach of the GTA

Barrie’s bungalow prices barely moved all year. Monthly medians stayed within about 8% of each other, the tightest range of any town on this list, around a typical $667,000. With 10% of homes selling over asking and October’s median at a 13-month low of $640,000, Barrie heads into 2027 as a buyer-friendly market. Barrie November report.

Oshawa: the GTA’s most affordable bungalows

Among GTA cities with a steady flow of bungalow sales, Oshawa had the lowest October median ($645,000) and a typical price of $670,000 over the year. That value has a cost: homes sold in a median of 17 days and 29% went over asking, so come ready to compete. Oshawa November report.

Peterborough: value with steady, rising prices

At a typical $549,000, Peterborough is one of the best-priced cities with full services, a hospital and a university. Prices were among the most stable in Ontario (monthly medians within about 9% of each other), and October’s median of $555,000 was 5.7% above October 2025, one of the few larger markets that rose.

St. Catharines: the downsizer’s favourite

953 bungalows sold in St. Catharines over the year, making it one of Ontario’s busiest bungalow markets, at a typical price of $560,000. Prices have held within 2% of last year, and with about 4.5 months of supply, buyers have time and choice. St. Catharines November report.

Kitchener: the strongest resale market

If you care about being able to sell easily later, Kitchener stands out: a median of 16 days to sell, 99.3% of asking on average and 43% of homes sold over asking over the year. Typical price: $664,000. The trade-off is competition when you buy. Kitchener November report.

Belleville: low prices, and rising

Belleville’s typical bungalow sold for $506,000, the lowest on this list, and October’s median ($520,000) was 5.1% higher than a year earlier. It sits on Highway 401 halfway between Toronto and Ottawa, close to the Bay of Quinte and Prince Edward County.

Welland: no bidding wars

Only 7% of Welland bungalows sold over asking in the past year, and the median home took 33 days to sell. At a typical $526,000, it is one of the most relaxed places in southern Ontario to buy a bungalow, with the Welland Canal trails and easy access to the rest of Niagara.

Cobourg: small-town lakeside living

Cobourg is smaller (215 bungalow sales in the year) but offers a Lake Ontario downtown and beach, a VIA Rail station, and a typical bungalow price of $625,000. Homes sold for 97.8% of asking on average and only 10% sold over asking.

Kingston: city amenities under $600,000

Kingston combines a hospital, a university, a historic downtown and the waterfront with a typical bungalow price of $572,000 across 669 sales in the year. October’s median of $545,000 was 6.8% below last year, giving 2027 buyers a better entry point.

How to use this list

  • Set alerts in two or three towns so you see new bungalows the day they list.
  • Check sold history on any home you like. Every BungalowConnect listing shows the sold history for that address, and members can search what nearby homes sold for.
  • Visit in winter. You’ll see how the town works year-round, and there’s less competition from other buyers.

Frequently asked questions

What is the cheapest place to buy a bungalow near Toronto?

Among GTA cities with steady bungalow sales, Oshawa had the lowest October 2026 median at $645,000. Just outside the GTA, Barrie ($640,000) and Hamilton ($650,000) were similar.

Where are bungalow prices rising in Ontario?

Of the towns on this list, Peterborough (up 5.7%) and Belleville (up 5.1%) had October 2026 medians above October 2025.

Where do bungalows sell fastest in Ontario?

Of the towns on this list, Kitchener (16 days) and Oshawa (17 days) had the quickest median sales over the past year.

Figures cover bungalows, raised bungalows, bungalofts, sidesplits, backsplits and 1½-storey homes sold through the MLS® System, November 1, 2025 to October 31, 2026. Source: BungalowConnect.com from PropTx (TRREB) MLS® System data; deemed reliable but not guaranteed.

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