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Ontario

Vermilion Bay Real Estate

6 homes for sale • Median $397,000

6Active Listings
$397,000Median Price
30Avg Days on Market
2Recreational1House1Other1Commercial

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Homes for Sale in Vermilion Bay

6 properties available

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143 Vermilion Bay ST

$259,900

143 Vermilion Bay ST

Vermilion Bay, Ontario

2,400sqft
35 Spruce AVE

$395,000

35 Spruce AVE

Vermilion Bay, Ontario

14 Island Canyon Lake

$695,000

14 Island Canyon Lake

Vermilion Bay, Ontario

1bed1bath1,200sqft
1 Bear Camp

$399,000

1 Bear Camp

Vermilion Bay, Ontario

2bed880sqft
202 LAKESHORE DR

$1,975,000

202 LAKESHORE DR

VERMILION BAY, Ontario

5,000sqft
2541 HWY 105, Wabigoon Township

$324,900

2541 HWY 105, Wabigoon Township

Vermilion Bay, Ontario

4bed1bath1,480sqft
Advanced Search in Vermilion Bay

About Vermilion Bay Real Estate

Vermilion Bay is a charming community located in the heart of Ontario, known for its rich history and vibrant culture. Established in the early 20th century, the area initially thrived on logging and agriculture, which laid the foundation for its close-knit community. Today, Vermilion Bay has evolved into a quaint city that combines the charm of small-town living with access to essential amenities. Nestled along the shores of the beautiful Lake of the Woods, the city boasts stunning natural landscapes that attract outdoor enthusiasts year-round. Fishing, boating, and hiking are just a few of the recreational activities residents enjoy in this picturesque setting.

What makes Vermilion Bay unique is its strong sense of community and the welcoming atmosphere that permeates the area. The city hosts several annual events, including the popular Vermilion Bay Country Festival, which brings together residents and visitors alike for a weekend of music, food, and local crafts. The community is also known for its commitment to preserving its natural environment, making it an ideal place for individuals who appreciate outdoor living and a slower pace of life. The local character is enriched by businesses that reflect the community's heritage, from family-owned shops to cozy cafes.

Vermilion Bay appeals to a diverse range of buyers, including families looking for a safe and nurturing environment, retirees seeking tranquility, and young professionals eager to escape the hustle and bustle of urban life. The combination of affordable housing, beautiful surroundings, and a tight-knit community makes it an attractive option for those seeking a balance between nature and modern living. With a current median listing price of $287,400 and an average of 30 days on the market, prospective buyers can find great value in this hidden gem of Ontario.

2 active listings with a median price of $287,400.

Lifestyle & Community

Living in Vermilion Bay offers residents a serene lifestyle amidst stunning natural beauty. The community fosters a friendly vibe, with neighbors often coming together for local events and gatherings. Residents enjoy an active lifestyle with numerous outdoor activities available, including fishing on nearby lakes and hiking the scenic trails in the area. The community also embraces cultural celebrations, making it a lively place to call home. With a slower pace of life, Vermilion Bay offers the ideal setting for those who appreciate the outdoors and a strong sense of community.

Local Amenities

  • Vermilion Bay Public Library
  • Vermilion Bay Community Centre
  • Local grocery stores
  • Dining options including cafes and restaurants
  • Parks and recreational areas
  • Access to Lake of the Woods
  • Sports facilities
  • Nearby schools and educational institutions

Points of Interest

  • Vermilion Bay Country Festival
  • Lake of the Woods
  • Vermilion Bay Heritage Park
  • Local art galleries
  • Nature trails and camping sites
  • Fishing and boating opportunities
  • Nearby provincial parks
  • Annual community events and markets

Market Overview

The real estate market in Vermilion Bay is currently characterized by a limited inventory, with only 2 active listings. The median listing price of $287,400 is competitive, especially considering the area's appealing lifestyle and community amenities. Homes are averaging 30 days on the market, indicating a steady interest among buyers. Potential homeowners should be prepared to act quickly as properties in this desirable community may not last long, especially those that are well-maintained and located near key attractions.

Investment Outlook

Vermilion Bay presents promising investment opportunities, particularly for those interested in rental properties or vacation homes. The area's appeal as a recreational destination makes it attractive for seasonal rentals, especially during summer months. With ongoing developments focused on enhancing local amenities and infrastructure, now is a strategic time for investors to consider entering the market before prices potentially rise. The combination of a stable community and increasing interest from outside buyers suggests a positive trend for future growth.

Ideal For

Vermilion Bay is ideal for first-time buyers seeking affordable housing, families looking for a safe and nurturing community, and retirees wanting a serene lifestyle surrounded by nature. Investors interested in rental properties will also find opportunities in this charming city, making it a versatile market for various buyer types.

Explore More in Vermilion Bay

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

Frequently Asked Questions About Vermilion Bay

There are currently 6 active residential listings in Vermilion Bay. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.

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Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

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