$369,000
128 Hwy 540B
Gore Bay, Ontario
3bed2bath
Ontario
Gore Bay Real Estate
Browse homes for sale in Gore Bay • Median $234,450
$234,450Median Price
30Avg Days on Market
8Detached1Land
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Homes for Sale in Gore Bay
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About Gore Bay Real Estate
Gore Bay, located on Manitoulin Island in Ontario, is a charming city steeped in history and natural beauty. Founded in the mid-19th century, the city has grown into a vibrant community while preserving its historical roots. The waterfront area boasts scenic views of Lake Huron, which is complemented by a picturesque harbor that has historically served as a vital fishing port. This unique blend of history and natural charm makes Gore Bay a delightful place to live, with its quaint streets lined with heritage buildings and local shops.
The character of Gore Bay is defined by its friendly residents and a close-knit community spirit. Annual events such as the Gore Bay Fish Fry and the Manitoulin Island Cup provide opportunities for residents and visitors to come together, celebrate local culture, and enjoy the stunning landscapes. This city is particularly appealing to those who value outdoor activities, with access to hiking, fishing, and boating just steps from their front doors.
What sets Gore Bay apart is its commitment to preserving the environment and supporting local businesses. The town is also known for its low cost of living compared to urban centers, making it an attractive destination for those looking to escape the hustle and bustle of city life. The charm of Gore Bay lies not just in its natural surroundings but also in its welcoming atmosphere and strong sense of community, making it an ideal location for a diverse range of buyers from families to retirees.
4 active listings with a median price of $313,750.
Lifestyle & Community
Living in Gore Bay offers a relaxed lifestyle characterized by a close community feel. Residents enjoy a slower pace of life, with plenty of opportunities for outdoor recreation and community engagement. During the summer, the waterfront comes alive with boating and fishing activities, while winter transforms the area into a snowy wonderland perfect for ice fishing and snowshoeing. Local markets and community events foster a strong sense of belonging, making it easy to connect with neighbors and make lasting friendships.
Local Amenities
- Gore Bay Marina
- Public library
- Local grocery stores
- Community center
- Schools: Gore Bay Public School
- Healthcare services: Manitoulin Health Centre
- Parks and recreational areas
- Cafes and restaurants
- Art galleries
- Post office
- Public transportation options
Points of Interest
- Gore Bay Marina
- The Gore Bay Historical Museum
- The scenic Gore Bay waterfront
- Manitoulin Island Cup
- Gore Bay Fish Fry
- Nearby hiking trails: Cup and Saucer
- Local artisan shops
- Fishing opportunities at Lake Huron
- Manitoulin Island Cultural Events
Market Overview
The current real estate market in Gore Bay features 4 active listings with a median listing price of $313,750. Homes in this city typically spend an average of 30 days on the market, indicating a stable demand for properties. Buyers can expect a range of options from cozy cottages to family homes, making it an attractive market for both first-time buyers and those looking for vacation properties. With prices remaining relatively affordable compared to larger urban areas, Gore Bay represents an enticing opportunity for potential homeowners.
Investment Outlook
Gore Bay presents significant investment potential, especially for those interested in the rental market or vacation properties. The area's natural beauty and community appeal make it a popular destination for tourists, which can translate to lucrative short-term rental opportunities. Additionally, recent development trends indicate an increasing interest in sustainable and eco-friendly housing, positioning Gore Bay as a prime location for future investment and growth.
Ideal For
Gore Bay is ideal for first-time buyers, families seeking a peaceful environment, retirees looking for a serene lifestyle, and investors aiming for profitable rental opportunities. The combination of affordability, community spirit, and natural beauty makes it appealing to a wide range of potential homeowners.
Living in Gore Bay
Lifestyle
Living in Gore Bay offers a relaxed lifestyle characterized by a close community feel. Residents enjoy a slower pace of life, with plenty of opportunities for outdoor recreation and community engagement. During the summer, the waterfront comes alive with boating and fishing activities, while winter transforms the area into a snowy wonderland perfect for ice fishing and snowshoeing. Local markets and community events foster a strong sense of belonging, making it easy to connect with neighbors and make lasting friendships.
Local Amenities
Gore Bay MarinaPublic libraryLocal grocery storesCommunity centerSchools: Gore Bay Public SchoolHealthcare services: Manitoulin Health CentreParks and recreational areasCafes and restaurantsArt galleriesPost officePublic transportation options
Market Insights
The current real estate market in Gore Bay features 4 active listings with a median listing price of $313,750. Homes in this city typically spend an average of 30 days on the market, indicating a stable demand for properties. Buyers can expect a range of options from cozy cottages to family homes, making it an attractive market for both first-time buyers and those looking for vacation properties. With prices remaining relatively affordable compared to larger urban areas, Gore Bay represents an enticing opportunity for potential homeowners.
Investment Potential
Gore Bay presents significant investment potential, especially for those interested in the rental market or vacation properties. The area's natural beauty and community appeal make it a popular destination for tourists, which can translate to lucrative short-term rental opportunities. Additionally, recent development trends indicate an increasing interest in sustainable and eco-friendly housing, positioning Gore Bay as a prime location for future investment and growth.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
3
$200K – $400K
3
$400K – $600K
1
Explore More in Gore Bay
Gore Bay Market ReportPrices, trends & analysisCost of Living in Gore BayHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Gore BaySchools & ratings nearbyTransit in Gore BayStops & stations nearbyParks in Gore BayParks & recreation nearby
Frequently Asked Questions About Gore Bay
How many homes are for sale in Gore Bay?
There are currently 6 active residential listings in Gore 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 Gore Bay?
The median list price for homes in Gore Bay is $234,450. 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 Gore Bay?
Properties available in Gore Bay include Detached (8), Land (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Gore Bay?
Homes in Gore 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 Gore 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 Gore Bay?
Yes. You can browse homes in specific neighbourhoods within Gore Bay using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.