Clearwater Bay, Ontario, Canada
As of September 5, 2026, the median asking price in Clearwater Bay is $674,000, across 10 active MLS® listings.
Those listings have been on the market an average of 94 days.
Asking prices work out to about $486 per square foot, based on the 8 listings that report floor area.
Detached homes in Clearwater Bay are listed at an average of $2,604,544 across 9 active listings.
Clearwater Bay is a small, lake-centric cottage community in Northwestern Ontario’s Kenora District, known for seasonal population swings, private docks, and a mix of legacy cabins and newer, higher-end waterfront builds. The demographic profile skews toward retirees, seasonal owners from larger Prairie and Ontario cities, and trades/service workers tied to construction, marinas, tourism, and nearby resource-sector activity. Housing is dominated by detached homes and cottages on larger lots, with limited multi-unit rental stock and relatively low transaction volume—meaning prices can move quickly on a small number of sales.
Amenities are oriented around outdoor recreation (boating, fishing, beaches, trails) with everyday services largely accessed in the greater Kenora area; expect a car-dependent lifestyle and longer drives for full grocery, healthcare, and retail options. Schooling options are likewise concentrated in Kenora and surrounding communities, with school bus routing depending on exact location and season. Demand trends are driven by waterfront scarcity, lifestyle migration, and the “cottage market” cycle: strong long-term appeal for premium lakefront, but higher sensitivity to interest rates and discretionary spending than urban neighbourhoods. As an investment area, Clearwater Bay tends to favour buy-and-hold for personal-use flexibility plus short-term/seasonal rental income, while long-term tenancy can be thinner and more price-sensitive off-season.
Clearwater Bay in Clearwater Bay, Ontario currently shows limited market data, suggesting low visible inventory and fewer recorded transactions than typical. For buyers, that can mean fewer comparable sales and potentially less negotiating leverage when a suitable home appears; for investors, it increases the importance of micro-location analysis and pricing discipline until more listings and sales data emerge.
Walk Score 0 · Bike Score 10
The median asking price in Clearwater Bay is $674,000, across 10 active MLS® listings as of September 5, 2026. The average asking price is $2,494,090. These are list prices on homes currently for sale, not sale prices.
There are 10 active MLS® listings in Clearwater Bay as of September 5, 2026.
Homes currently listed in Clearwater Bay have been on the market an average of 94 days as of September 5, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 10 homes currently listed in Clearwater Bay, 90% detached houses, 10% commercial properties.
Clearwater Bay has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 10.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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