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City in Ontario

Houses for sale under $1M in Georgian Bay

Looking for cheap houses for sale in Georgian Bay? 114 homes in Georgian Bay are listed for sale under $1M, which is 71% of everything for sale. Most are detached houses, and the most active neighbourhoods are Baxter and Freeman.

quiet family-friendly community-focused

5,970 people lived in Georgian Bay at the 2021 Census, in 2,800 households. 88% of households owned their home and 11% rented. The most common homes were single-detached houses (94%) and row houses (3%). 52% of homes were built before 1981, and 12% since 2011. 92% of commuters went to work by car and 0% by public transit.

Georgian Bay, Ontario

Houses for Sale in Georgian Bay Under $1M

What it costsAffordability

Median asking price

$749,000

4% above Ontario

In Georgian Bay

$749,000

In Ontario

$716,900

Median monthly rent

$3,000/mo

20% above Ontario

In Georgian Bay

$3,000

In Ontario

$2,499

$943

Per square foot

≈ 20.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

160

Median $749,000

Houses 148 · Condos 12

For rent

Median $3,000

Houses 5 · Condos 2

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Diverse housing options available
Lower median rent compared to province
Close to essential grocery store
Good school rating

Keep in mind

Limited public transit options
Few recreational amenities like parks
Higher median sale price than province average

The feel of the placeLifestyle

Daily life in Georgian Bay is relaxed with access to basic services. The community is quiet and family-oriented.

Great for first-time buyers families those seeking a quiet lifestyle

The areaWhat's nearby

Not enough verified data yet. We count schools, parks, transit and shops inside Georgian Bay's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.

The peopleWho lives here

5,970

Population (2021)

848.8 km²

Area

People per km²

57.1

Median age

$82,734

Median income

88%

Own their home

2.1

People per household

2,800

Households

Every age

Children (under 15)9.3%
Working age (15–64)58.2%
Seniors (65+)32.5%

What is built here

Detached houses94.2%
Semi-detached1.1%
Townhouses2.6%
Low-rise apartments1.6%

Own or rent

88%Owners

11%Renters

Across 2,800 households

When it was built

Mostly 1960 or earlier

1960 or earlier27%
1961–198025%
1981–199015%
1991–200010%
2001–20054%
2006–20106%
2011–20155%
2016–20217%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

10.6%
Born outside Canada: 21.5%
Hold a degree or higher: 44.9%
Employment rate: 0%
Commute by transit: 92%
Commute by car: 1.6
Children per family: $71,564
Median income after tax: $117,250
Average household income: 10.6%
Living on a low income: $1,060/mo
Renters pay, per month: $908/mo
Owners pay, per month: $721,287
Median home value at census: 12.5%
Renters spending 30%+ of income on housing: 17.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 9 census areas around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about houses for sale under $1M in Georgian Bay

How many homes in Georgian Bay sell for under $1M?

114 homes in Georgian Bay are listed for sale under $1M today, 71% of the 160 homes for sale. Their median asking price is $600,000.

All homes for sale in Georgian Bay

What kind of home can I buy in Georgian Bay for under $1M?

Under $1M, Georgian Bay has detached houses (63), vacant lots (31) and condo townhouses (5) for sale. Most range from studios to 4 bedrooms.

Houses for sale in Georgian Bay

Keep looking

More Homes for Sale in Georgian Bay

160 homes are for sale in Georgian Bay. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance