Real Estate for Sale in Mclean, Lake of Bays, ON

Name: HOMEH Market Pulse — Mclean, Lake of Bays closed sales and leases
Creator: HOMEH
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Neighbourhood in Lake of Bays

Mclean

peaceful family-oriented rural

Mclean is a quiet neighbourhood in Lake of Bays. It offers a peaceful environment with a small community feel.

Median home price is $280,000 Majority of homes are single-detached Low population density of 8.5 per km² High ownership rate at 89.2% Only one restaurant in the area

Mclean, Lake of Bays — HOMEH neighbourhood guide

Lake of Bays, Ontario

What it costsAffordability

Median asking price

$280,000

45% below Lake of Bays 61% below Ontario

In Mclean

$280,000

In Lake of Bays

$511,450

In Ontario

$715,000

Median monthly rent

In Lake of Bays

$4,209

In Ontario

$2,500

$67

Per square foot

On the marketMarket snapshot

For sale

Median $280,000

Houses 49 · Condos 16

For rent

Recently sold

Recently leased

Market data as of 2026-10-11. 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
Strong community with low crime rates
Surrounded by nature with parks available
Good for families with a mix of ages

Keep in mind

Limited amenities like schools and grocery stores
Few job opportunities with high unemployment rate
Dependence on cars for transportation

The feel of the placeLifestyle

Daily life in Mclean is relaxed, with a focus on outdoor activities. Residents enjoy a close-knit community atmosphere.

Great for retirees first-time buyers nature lovers

Within the boundaryWhat's nearby

The boundary

175.3 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Restaurants

Cafés

Gyms

Libraries

Counted across all 175.3 km² of Mclean. From OpenStreetMap, as of 2026-10-12.

The peopleWho lives here

1,182

Population (2021)

139.5 km²

Area

People per km²

57.4

Median age

$82,000

Median income

89%

Own their home

2.1

People per household

555

Households

Every age

Children (under 15)10.2%
Working age (15–64)58.1%
Seniors (65+)31.8%

What is built here

Detached houses96.5%
Low-rise apartments2.7%

Own or rent

89%Owners

13%Renters

Across 555 households

When it was built

Mostly 1960 or earlier

1960 or earlier27%
1961–198023%
1981–199022%
1991–200012%
2001–20052%
2006–20105%
2011–20156%
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.

12.1%
Born outside Canada: 20.4%
Hold a degree or higher: 49.7%
Employment rate: 0%
Commute by transit: 96.3%
Commute by car: 1.5
Children per family: $72,758
Median income after tax: $95,030
Average household income: 9%
Living on a low income: $1,110/mo
Renters pay, per month: $762/mo
Owners pay, per month: $650,508
Median home value at census: 0%
Renters spending 30%+ of income on housing: 17.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 2 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, HOMEH school registry, Photo: © Mapbox © OpenStreetMap

HOMEH Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in Mclean actually sell for

25 homes changed hands in Mclean over the 12 months to September 2026. Half sold above $698,880 and half below, 8.0% higher than the 12 months before. A typical home found its buyer in 60 days — 31 days quicker than a year ago.

Median sold price: $699K; +8.0% year over year
Days to sell: 60; 31 days quicker
Sales closed: 25; last 12 months
Per square foot: $571; from 23 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$1.45M$967K$481K$-6K

Jan ’24Jan ’25Nov ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$910,200

on a $1,000,000 asking price — under ask by $89,800

−10%Asking price+10%

Of the asking price: 91.0%
Sold over asking: 12%

From 25 sales that closed here in the last 12 months.

What actually trades in Mclean

A single median hides this: the mix of homes behind it, and what each kind costs.

25sales

Detached$994K24.0%
Other kinds, too few of each —76.0%

How fast it moves

Median days on market, month by month. Taller means slower.

Sep 2024May 2026

Terracotta marks the last 12 months.

Every month behind these charts — Mclean, sales

Monthly closed sales in Mclean
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	4	Not enough sales this month to report a median
Aug 2026	3	Not enough sales this month to report a median
Jul 2026	1	Not enough sales this month to report a median
Jun 2026	3	Not enough sales this month to report a median
May 2026	6	$994,000	$907K – $1.35M	31	92.7%
Apr 2026	1	Not enough sales this month to report a median
Mar 2026	2	Not enough sales this month to report a median
Feb 2026	1	Not enough sales this month to report a median
Jan 2026	1	Not enough sales this month to report a median
Nov 2025	2	Not enough sales this month to report a median
Oct 2025	1	Not enough sales this month to report a median
Sep 2025	5	$777,000	$745K – $829K	30	97.1%
Aug 2025	5	$500,000	$95K – $677K	89	87.2%
Jul 2025	3	Not enough sales this month to report a median
Jun 2025	4	Not enough sales this month to report a median
May 2025	5	$123,000	$120K – $265K	107	94.7%
Apr 2025	2	Not enough sales this month to report a median
Mar 2025	3	Not enough sales this month to report a median
Feb 2025	1	Not enough sales this month to report a median
Jan 2025	1	Not enough sales this month to report a median
Nov 2024	4	Not enough sales this month to report a median
Oct 2024	6	$302,500	$225K – $508K	53	90.8%
Sep 2024	8	$715,000	$324K – $961K	66	93.5%
Aug 2024	3	Not enough sales this month to report a median
Jul 2024	3	Not enough sales this month to report a median
Jun 2024	1	Not enough sales this month to report a median
May 2024	3	Not enough sales this month to report a median
Mar 2024	1	Not enough sales this month to report a median
Jan 2024	1	Not enough sales this month to report a median

23 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Mclean

How much does a home cost in Mclean?

Homes in Mclean sold for a median of $698,880 over the 12 months to September 2026, across 25 closed sales — half sold for more and half for less. That is 8.0% higher than the 12 months before it.

How long does it take to sell a home in Mclean?

A home in Mclean took a median of 60 days on the market over the 12 months to September 2026. Homes there closed at 91.0% of the asking price on average, with 12.0% selling over asking.

Compiled by HOMEH from sales reported closed in Mclean on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.