$595,000
320 Perivale Rd W.
Spring Bay, Ontario
4bed1bath
Ontario
Spring Bay Real Estate
Browse homes for sale in Spring Bay • Median $125,000
$125,000Median Price
30Avg Days on Market
1Detached
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Homes for Sale in Spring Bay
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About Spring Bay Real Estate
Nestled on the eastern shore of Manitoulin Island, Spring Bay is a charming community that boasts a rich history and a close-knit character. This quaint city was originally established as a fishing and agricultural hub, and it has retained much of its rustic charm. The community is known for its scenic waterfront views, which attract both locals and visitors alike, making it a desirable spot for those looking for a peaceful retreat from the hustle and bustle of urban life. The city has a unique blend of natural beauty and small-town warmth, offering a tranquil lifestyle that appeals to many.
Spring Bay is not just about stunning landscapes; it has also developed into a vibrant community with a strong sense of identity. The local culture is heavily influenced by the surrounding nature, with numerous outdoor activities such as boating, fishing, and hiking available throughout the year. The annual events, like the Spring Bay Festival, foster community spirit and bring residents together. This combination of natural allure and community engagement makes Spring Bay an appealing location for a diverse range of buyers, from young families to retirees seeking a serene environment.
The city is also characterized by its distinct architectural styles, with many homes reflecting the local heritage. The properties here often feature spacious yards and proximity to the waterfront, making it an excellent choice for those who appreciate outdoor living. With a median listing price of $199,000, Spring Bay offers affordable real estate options compared to larger urban centers, which further enhances its attractiveness to homebuyers. The city’s blend of history, community, and affordability sets it apart as a unique place to call home.
4 active listings with a median price of $199,000.
Lifestyle & Community
Living in Spring Bay offers a tranquil and community-oriented lifestyle, where residents enjoy a slower pace of life surrounded by nature. The atmosphere is friendly and welcoming, with neighbors often coming together for local events and gatherings. The community hosts seasonal festivals that celebrate its heritage and natural beauty, fostering a strong sense of belonging among residents. Outdoor enthusiasts will appreciate the plethora of recreational activities available, including access to beautiful lakes and hiking trails, perfect for family outings and weekend adventures.
Local Amenities
- Spring Bay Marina
- Local grocery stores
- Community center
- Public library
- Waterfront parks
- Fishing spots
- Hiking trails
- Restaurants and cafes
- Schools and educational facilities
- Health services
- Public transport access
- Nearby beaches
Points of Interest
- Manitoulin Island Heritage Centre
- M'Chigeeng First Nation Cultural Centre
- Spring Bay Beach
- Bucephala Marsh
- Lake Huron viewpoints
- Local artisan shops
- Wildlife viewing areas
- Historical landmarks
- Nature reserves
- Art galleries featuring local artists
Market Overview
Currently, Spring Bay's real estate market is characterized by a limited number of active listings, with only four properties available. The median listing price stands at an attractive $199,000, making it accessible for first-time buyers and those seeking vacation homes. Homes are averaging around 30 days on the market, indicating a healthy demand for properties in this serene community. Buyers should expect a competitive yet affordable market, ideal for finding charming homes with character.
Investment Outlook
Spring Bay presents promising investment opportunities, particularly for those interested in rental properties or vacation homes. The appeal of Manitoulin Island as a tourist destination enhances the rental market, especially during peak seasons. Additionally, the area's growing popularity among retirees and remote workers seeking peaceful living conditions suggests potential for future development and appreciation in property values.
Ideal For
Spring Bay is ideal for first-time buyers, families seeking a quiet lifestyle, and retirees looking for a serene place to settle down. Investors looking for rental opportunities in a picturesque setting will also find this area appealing, making it a diverse market for various buyer types.
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Spring Bay market — live snapshot
Pulled directly from current MLS® data. Updated every page load.
Active listings
4
Median list price
$348K
Median size
—
Price range (middle 50%)
$166K – $535K
Price by bedroom — Spring Bay actives
| Active | Median price | |
|---|---|---|
| 2 bed | 1 | $515K |
| 4 bed | 1 | $595K |
Property mix — Spring Bay actives
| Active | Median price | |
|---|---|---|
| Detached | 4 | $348K |
Living in Spring Bay
Lifestyle
Living in Spring Bay offers a tranquil and community-oriented lifestyle, where residents enjoy a slower pace of life surrounded by nature. The atmosphere is friendly and welcoming, with neighbors often coming together for local events and gatherings. The community hosts seasonal festivals that celebrate its heritage and natural beauty, fostering a strong sense of belonging among residents. Outdoor enthusiasts will appreciate the plethora of recreational activities available, including access to beautiful lakes and hiking trails, perfect for family outings and weekend adventures.
Local Amenities
Spring Bay MarinaLocal grocery storesCommunity centerPublic libraryWaterfront parksFishing spotsHiking trailsRestaurants and cafesSchools and educational facilitiesHealth servicesPublic transport accessNearby beaches
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
1
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Frequently Asked Questions About Spring Bay
How many homes are for sale in Spring Bay?
There are currently 1 active residential listings in Spring 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 Spring Bay?
The median list price for homes in Spring Bay is $125,000. 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 Spring Bay?
Properties available in Spring Bay include Detached (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Spring Bay?
Homes in Spring 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 Spring 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 Spring Bay?
Yes. You can browse homes in specific neighbourhoods within Spring Bay using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.