Condos for Sale in Franklin, Lake of Bays, ON
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Neighbourhood in Lake of Bays
Franklin
Franklin is a quiet neighbourhood in Lake of Bays, Ontario. It offers a peaceful lifestyle with a mix of residential homes and a few amenities.
Lake of Bays, Ontario
© Mapbox © OpenStreetMap
At a glance
Unit 221, 12 Bigwin Island
Lake of Bays (Franklin)
Listed Sep 1, 2026
- 1Bedroom
- 1Bathroom
- 50Parking
- 500~599Sq.Ft.
Condo ApartmentFor Sale
Unit 126, 12 Bigwin Island
Lake of Bays (Franklin)
Listed May 14, 2026
- 1Bedroom
- 1Bathroom
- 50Parking
- 0~499Sq.Ft.
Condo ApartmentFor Sale
Unit 202 & 206, 12 Bigwin Island
Lake of Bays (Franklin)
Listed May 8, 2026
- 2Bedrooms
- 2Bathrooms
- 50Parking
- 1K~1.2KSq.Ft.
Condo ApartmentFor Sale
Day to dayLivability
3.5
Schools near listings
out of 10 · averaged over 25 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$392,500
In Franklin
$392,500
In Lake of Bays
$487,450
In Ontario
$709,000
Median monthly rent
$5,000/mo
In Franklin
$5,000
In Lake of Bays
$4,209
In Ontario
$2,500
$42
Per square foot
≈ 6.5 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
58
Median $392,500
Houses 30 · Condos 28
For rent
1
Median $5,000
Condos 1
Recently sold
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Recently leased
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Market data as of 2026-10-27. 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
- Affordable housing compared to city median
- Low renter percentage
- Strong sense of community
- Mostly single-detached homes
Keep in mind
- Limited amenities like grocery stores and gyms
- Few public transit options
- Median rent is higher than city average
The feel of the placeLifestyle
Daily life in Franklin is relaxed, with a focus on family and community. Residents enjoy a peaceful environment with limited distractions.
Within the boundaryWhat's nearby
The boundary
180.4 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
1
Playgrounds
1
Restaurants
1
Pharmacies
Counted across all 180.4 km² of Franklin. From OpenStreetMap, as of 2026-10-26.
The schoolsWhich schools, and how they rate
3.5/10
Average rating of the 1 rated school in this area
1
Elementary
Irwin Memorial Public School
Public · Grades JK–8 · Trillium Lakelands DSB
3.5/102,726th of 3,045 Ontario elementary schools
140 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Franklin, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
1,833
Population (2021)
260.3 km²
Area
7
People per km²
59.3
Median age
$93,523
Median income
92%
Own their home
2.1
People per household
820
Households
Every age
- Children (under 15)8.2%
- Working age (15–64)56.2%
- Seniors (65+)35.6%
What is built here
- Detached houses95.9%
- Low-rise apartments1.8%
- Other attached homes0.6%
Own or rent
92%Owners
8%Renters
Across 820 households
When it was built
Mostly 1961–1980
- 1960 or earlier20%
- 1961–198031%
- 1981–19909%
- 1991–200017%
- 2001–20056%
- 2006–20103%
- 2011–201510%
- 2016–20214%
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.
- 10.1%
- Born outside Canada
- 29.2%
- Hold a degree or higher
- 52.2%
- Employment rate
- 0%
- Commute by transit
- 92.4%
- Commute by car
- 1.6
- Children per family
- $79,375
- Median income after tax
- $126,344
- Average household income
- 8.1%
- Living on a low income
- $930/mo
- Owners pay, per month
- $860,344
- Median home value at census
- 0%
- Renters spending 30%+ of income on housing
- 11.4%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 3 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Mapbox © OpenStreetMap