Oakwyn Realty Ltd.
BuyNew ListingsAdvanced SearchMapValuationMarket Reports
Sign InSign up with GoogleGet Alerts
  1. Home
  2. Ontario
  3. Meldrum Bay
  • Toronto
  • Mississauga
  • Hamilton
  • Brampton
  • Ottawa
  • Oakville
  • Vaughan
  • St. Catharines
  • Markham
  • Burlington
  • Richmond Hill
  • Barrie

Ontario

Meldrum Bay Real Estate

Browse homes for sale in Meldrum Bay • Median $458,000

$458,000Median Price
30Avg Days on Market
2Detached

Explore Meldrum Bay

Market Report
Prices, trends, DOM
Cost of Living
Housing, rent & expenses
Schools
Schools & ratings
Transit
Stops & stations
Parks
Parks & recreation

Homes for Sale in Meldrum Bay

Browse available properties

View all
664 Water Street

$519,000

664 Water Street

Meldrum Bay, Ontario

2bed2bath
358 Water Street

$397,000

358 Water Street

Meldrum Bay, Ontario

1bed
Advanced Search in Meldrum Bay

About Meldrum Bay Real Estate

Meldrum Bay, located on the stunning Manitoulin Island, is a charming small community steeped in history and natural beauty. Originally established as a fishing and logging hub, this picturesque village has evolved into a serene retreat for those looking to escape the hustle and bustle of urban life. The town is named after Meldrum Bay in Scotland, reflecting the rich Scottish heritage of many of its early settlers. With its tranquil setting along the shores of Lake Huron, Meldrum Bay offers residents breathtaking views and a sense of peace that can be hard to find elsewhere.

The character of Meldrum Bay is defined by its friendly, close-knit community, where neighbors know one another and support local initiatives. The village is home to a mix of seasonal cottages and permanent residences, creating a vibrant blend of lifestyles. Nature enthusiasts will appreciate the abundance of outdoor activities available, including boating, fishing, and hiking. The nearby Meldrum Bay Marina is a popular spot for both locals and visitors, providing access to the sparkling waters of Lake Huron.

What makes Meldrum Bay unique are its stunning natural landscapes, rich cultural history, and the laid-back lifestyle that many crave. The area boasts several historical landmarks, including the Meldrum Bay Lighthouse, which stands as a testament to the region’s maritime heritage. Additionally, the local shops and eateries, such as the renowned Meldrum Bay Inn, offer a taste of the island's culinary delights, making it a perfect place to unwind after a day of exploration.

For potential buyers, Meldrum Bay appeals to a variety of demographics, from retirees seeking a peaceful environment to families looking for a safe and friendly community. With its affordable median listing price of $199,000 and only four active listings, this charming locale is an inviting option for those seeking a new home or vacation retreat.

4 active listings with a median price of $199,000.

Lifestyle & Community

Living in Meldrum Bay offers a tranquil lifestyle deeply connected to nature and community. Residents enjoy the peace of rural living, with a strong community feel fostered by local events such as summer fairs and seasonal festivals that celebrate the region's history and culture. The village's slow pace allows for ample outdoor activities, from fishing to hiking the scenic trails nearby. Local art and cultural initiatives also contribute to the vibrant lifestyle, making it a welcoming place for both families and retirees.

Local Amenities

  • Meldrum Bay Marina
  • Meldrum Bay Inn
  • Community Centre
  • Local grocery store
  • Public Library
  • Walking trails
  • Fishing spots
  • Parks and recreational areas
  • Post office
  • Art galleries showcasing local artists

Points of Interest

  • Meldrum Bay Lighthouse
  • Meldrum Bay Historical Society Museum
  • Lake Huron beaches
  • Manitoulin Island's scenic trails
  • Fishing opportunities on Lake Huron
  • Local artisan shops
  • Bird watching areas
  • Seasonal farmer's markets
  • Nearby Cup and Saucer Trail

Market Overview

Meldrum Bay's real estate market currently showcases a modest selection of four active listings, with a median listing price of $199,000. This competitive pricing reflects the area's appeal as an affordable destination for homebuyers, especially those looking for vacation homes. As demand for rural properties continues to rise, potential buyers should act quickly, as properties in this tranquil setting may not last long. The market remains stable, with opportunities for both permanent residents and seasonal visitors.

Investment Outlook

Investment opportunities in Meldrum Bay are promising, particularly for those interested in vacation rentals or seasonal properties. With its scenic vistas and outdoor recreational activities, the area attracts tourists, providing a solid rental market. Development trends indicate a growing interest in preserving the natural beauty while enhancing local amenities, making it an appealing location for future investments.

Ideal For

Meldrum Bay is ideal for first-time buyers seeking affordable housing, retirees looking for a peaceful lifestyle, and families wanting a safe, community-oriented environment. Additionally, investors may find opportunities in the growing vacation rental market, making it a versatile choice for various buyer types.

Browse by Property Type

Detached Homes(2)
View Meldrum Bay Market Report →

Living in Meldrum Bay

Lifestyle

Living in Meldrum Bay offers a tranquil lifestyle deeply connected to nature and community. Residents enjoy the peace of rural living, with a strong community feel fostered by local events such as summer fairs and seasonal festivals that celebrate the region's history and culture. The village's slow pace allows for ample outdoor activities, from fishing to hiking the scenic trails nearby. Local art and cultural initiatives also contribute to the vibrant lifestyle, making it a welcoming place for both families and retirees.

Local Amenities

Meldrum Bay MarinaMeldrum Bay InnCommunity CentreLocal grocery storePublic LibraryWalking trailsFishing spotsParks and recreational areasPost officeArt galleries showcasing local artists

Market Insights

Meldrum Bay's real estate market currently showcases a modest selection of four active listings, with a median listing price of $199,000. This competitive pricing reflects the area's appeal as an affordable destination for homebuyers, especially those looking for vacation homes. As demand for rural properties continues to rise, potential buyers should act quickly, as properties in this tranquil setting may not last long. The market remains stable, with opportunities for both permanent residents and seasonal visitors.

Investment Potential

Investment opportunities in Meldrum Bay are promising, particularly for those interested in vacation rentals or seasonal properties. With its scenic vistas and outdoor recreational activities, the area attracts tourists, providing a solid rental market. Development trends indicate a growing interest in preserving the natural beauty while enhancing local amenities, making it an appealing location for future investments.

Written with AI assistance using live MLS data, reviewed by our team.

Price Distribution

$200K – $400K
1
$400K – $600K
1

Explore More in Meldrum Bay

Meldrum Bay Market ReportPrices, trends & analysisCost of Living in Meldrum BayHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Meldrum BaySchools & ratings nearbyTransit in Meldrum BayStops & stations nearbyParks in Meldrum BayParks & recreation nearby

Frequently Asked Questions About Meldrum Bay

There are currently 2 active residential listings in Meldrum Bay. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.

Search Listings Online

County, city, postal, or street. Real-time updates and expert insights.

Search

  • All Listings
  • New Listings
  • Saved Searches

Resources

  • Market Reports
  • Market Data
  • Cost of Living
  • Tools & Calculators
  • Neighborhoods

Popular Areas

  • Toronto
  • Vancouver
  • Montreal
  • Calgary
  • Edmonton

Support

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • support@searchlistingsonline.ca
Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

© 2026 Search Listings Online. Powered by CREA DDF