Bungalows are a very popular style of home in Toronto. A bungalow style home has all of the bedrooms, kitchen, living space on one level. Most Toronto bungalows have a full basement - the same size as the top floor. This allows for lots of living space.
Many bungalows were built after World War 2 in Toronto so date from the 1940's. The majority of bungalows in Toronto were built from the 1940's to the early 1970's when their popularity waned as growing families favored 2 story larger homes. They were originally built as smaller, single family homes.
What makes bungalows so popular is that they can accommodate a large basement apartment. With rising interest rates these type of properties are in high demand from:
If you are interested in learning more about the legality of in-law suites or secondary suites in Toronto, you can find more information on the City of Toronto's website here: Secondary Suites City of Toronto
If you are planning to be a landlord or buy a home with a suite to rent out, make sure you understand the law, and your obligations as a landlord under the Residential Tenancy Act of Ontario; here are some resources: