Real Estate for Rent in Bear Lake, McMurrich/Monteith, ON

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Neighbourhood in McMurrich/Monteith

Bear Lake

peaceful rural community-focused

Bear Lake is a quiet neighbourhood in McMurrich/Monteith. It offers a peaceful lifestyle with plenty of natural surroundings.

Predominantly single-detached homes High home ownership rate Average household size of 2.1 Median age of residents is 56.8 Low density with 3.3 people per km²
Bear Lake, McMurrich/Monteith — HOMEH neighbourhood guide

McMurrich/Monteith, Ontario

© Mapbox © OpenStreetMap

At a glance

Photo of 4673 518 Highway
For RentNew Listing
Listed for:

Listed 11 days ago

$2,600

4673 518 Highway

McMurrich/Monteith (Bear Lake), ON P0A 1Y0

2 + 1Bedrooms
1Bathroom
1Garage
1.5K-2KSq Ft

DetachedFor Rent

What it costsAffordability

Median asking price

$437,500

25% above McMurrich/Monteith 39% below Ontario

In Bear Lake

$437,500

In McMurrich/Monteith

$349,950

In Ontario

$715,000

Median monthly rent

$2,600/mo

On par with McMurrich/Monteith 4% above Ontario

In Bear Lake

$2,600

In McMurrich/Monteith

$2,600

In Ontario

$2,500

≈ 14 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

4

Median $437,500

Houses 4

For rent

1

Median $2,600

Houses 1

Recently sold

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Recently leased

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Market data as of 2026-10-16. 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

  • Affordable median sale price compared to the city
  • Strong community with high ownership rates
  • Quiet and spacious living environment

Keep in mind

  • Limited amenities and services available
  • No schools or parks in the area

The feel of the placeLifestyle

Daily life here is calm and centered around nature. Residents enjoy a slower pace in a close-knit community.

Great for retirees nature lovers first-time buyers

Within the boundaryWhat's nearby

The boundary

23.7 km²

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

Not enough verified data yet. We count schools, parks, transit and shops inside Bear Lake'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

907

Population (2021)

275.3 km²

Area

3

People per km²

56.8

Median age

$63,001

Median income

92%

Own their home

2.1

People per household

415

Households

Every age

  • Children (under 15)10.4%
  • Working age (15–64)58.8%
  • Seniors (65+)30.8%

What is built here

  • Detached houses96.3%
  • Townhouses1.2%

Own or rent

92%Owners

7%Renters

Across 415 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier30%
  • 1961–198021%
  • 1981–199015%
  • 1991–200016%
  • 2001–20052%
  • 2006–20105%
  • 2011–20157%
  • 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.

5%
Born outside Canada
9.3%
Hold a degree or higher
41.9%
Employment rate
0%
Commute by transit
95%
Commute by car
1.7
Children per family
$57,995
Median income after tax
$71,987
Average household income
15.2%
Living on a low income
$696/mo
Owners pay, per month
$337,874
Median home value at census
0%
Renters spending 30%+ of income on housing
19.1%
Owners spending 30%+ of income on housing

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