$699,900
221 McCarrel Lake RD
Echo Bay, Ontario
4bed2bath1,579sqft
Ontario
Echo Bay Real Estate
Browse homes for sale in Echo Bay • Median $595,950
$595,950Median Price
30Avg Days on Market
2House2Other1Land
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About Echo Bay Real Estate
Echo Bay is a picturesque community located on the shores of the stunning St. Marys River in Ontario, Canada. With a rich history dating back to its establishment as a settlement in the early 19th century, Echo Bay has maintained its small-town charm while offering modern conveniences. The area is surrounded by lush forests and waterways, making it a haven for outdoor enthusiasts and nature lovers. The community's character is defined by its warm and inviting atmosphere, where neighbors know each other by name and locals take pride in their heritage. Unique features like the Echo Bay Marina and nearby parks add to the appeal, providing residents with ample opportunities for recreational activities, boating, and fishing.
This tranquil city is not just about its stunning natural beauty; it also boasts a strong sense of community. The residents of Echo Bay have a vibrant local culture, with various community events such as the annual Echo Bay Fair that showcases local talents, crafts, and cuisine. The close-knit community fosters a welcoming environment for newcomers while preserving its deep-rooted traditions. The combination of scenic landscapes and a friendly atmosphere makes Echo Bay an attractive destination for those seeking a peaceful lifestyle near the water.
Echo Bay is ideal for a diverse range of buyers, from families looking for a safe and nurturing environment to retirees seeking a calm and serene place to enjoy their golden years. With its affordable housing options, including a median listing price of $187,450, the area presents an excellent opportunity for first-time buyers and those looking to invest in a picturesque locale. Its proximity to larger urban centers while maintaining a rural charm adds to its unique appeal, making it a desirable location for various types of residents.
6 active listings with a median price of $187,450.
Lifestyle & Community
Living in Echo Bay means embracing a laid-back lifestyle surrounded by nature and a tight-knit community. Residents enjoy a peaceful vibe where outdoor activities like hiking, fishing, and boating are part of daily life. The community hosts a variety of events throughout the year, such as seasonal festivals and farmers' markets, highlighting local produce and crafts. The friendly atmosphere encourages neighbors to gather at local parks or the marina, fostering a sense of belonging and community spirit. Echo Bay offers a balance between tranquility and recreation, making it an ideal spot for those who appreciate both nature and community engagement.
Local Amenities
- Echo Bay Marina
- Local grocery store
- Community center
- Public library
- Parks and recreational facilities
- Schools (Echo Bay Public School)
- Dining options including local cafes
- Health services and clinics
- Post office
- Public transit access
- Walking trails and nature reserves
- Sports fields
Points of Interest
- Echo Bay Marina
- St. Marys River
- Echo Bay Public Library
- Echo Bay Park
- Nearby hiking trails
- The annual Echo Bay Fair
- Local art galleries and studios
- Fishing spots along the river
- Historical landmarks from early settlement days
- Nearby wildlife viewing areas
Market Overview
As of October 2023, Echo Bay's real estate market displays a healthy balance of supply and demand, with 6 active listings and a median listing price of $187,450. Homes are selling relatively quickly, averaging just 30 days on the market. The affordability of homes in this charming city attracts first-time buyers and families, contributing to consistent interest in the area. Buyers should anticipate a competitive but accessible market, especially for well-maintained properties in desirable locations.
Investment Outlook
Echo Bay presents solid investment opportunities, primarily due to its affordable real estate market and growing appeal among families and retirees. The rental market is also promising, as the community attracts seasonal visitors, boosting demand for short-term rentals or vacation properties. Development trends suggest a steady increase in interest for new housing projects, driven by the area's natural beauty and accessible amenities, making it an opportune time for investors to consider properties in this charming locale.
Ideal For
Echo Bay is ideal for first-time buyers seeking affordable housing options, families looking for a safe and nurturing environment, and retirees desiring a peaceful lifestyle. Investors may also find opportunities in the rental market due to the area's appeal to seasonal visitors. The community's charm and amenities make it a versatile choice for various buyer types.
Living in Echo Bay
Lifestyle
Living in Echo Bay means embracing a laid-back lifestyle surrounded by nature and a tight-knit community. Residents enjoy a peaceful vibe where outdoor activities like hiking, fishing, and boating are part of daily life. The community hosts a variety of events throughout the year, such as seasonal festivals and farmers' markets, highlighting local produce and crafts. The friendly atmosphere encourages neighbors to gather at local parks or the marina, fostering a sense of belonging and community spirit. Echo Bay offers a balance between tranquility and recreation, making it an ideal spot for those who appreciate both nature and community engagement.
Local Amenities
Echo Bay MarinaLocal grocery storeCommunity centerPublic libraryParks and recreational facilitiesSchools (Echo Bay Public School)Dining options including local cafesHealth services and clinicsPost officePublic transit accessWalking trails and nature reservesSports fields
Market Insights
As of October 2023, Echo Bay's real estate market displays a healthy balance of supply and demand, with 6 active listings and a median listing price of $187,450. Homes are selling relatively quickly, averaging just 30 days on the market. The affordability of homes in this charming city attracts first-time buyers and families, contributing to consistent interest in the area. Buyers should anticipate a competitive but accessible market, especially for well-maintained properties in desirable locations.
Investment Potential
Echo Bay presents solid investment opportunities, primarily due to its affordable real estate market and growing appeal among families and retirees. The rental market is also promising, as the community attracts seasonal visitors, boosting demand for short-term rentals or vacation properties. Development trends suggest a steady increase in interest for new housing projects, driven by the area's natural beauty and accessible amenities, making it an opportune time for investors to consider properties in this charming locale.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
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$200K – $400K
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$400K – $600K
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$600K – $800K
2
Explore More in Echo Bay
Echo Bay Market ReportPrices, trends & analysisCost of Living in Echo BayHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Echo BaySchools & ratings nearbyTransit in Echo BayStops & stations nearbyParks in Echo BayParks & recreation nearby
Frequently Asked Questions About Echo Bay
How many homes are for sale in Echo Bay?
There are currently 5 active residential listings in Echo Bay. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Echo Bay?
The median list price for homes in Echo Bay is $595,950. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Echo Bay?
Properties available in Echo Bay include House (2), Other (2), Land (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Echo Bay?
Homes in Echo Bay spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Echo Bay?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Echo Bay?
Yes. You can browse homes in specific neighbourhoods within Echo Bay using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.