Photo: P199 · CC BY-SA 3.0For every 1,000 homes, Georgian Bay permitted 37.3 new ones a year; Ontario’s towns permitted 15
The 2021 census put the median home at $695,000, with an average of $825,000. These home values were given by owners themselves, in a census taken in May 2021. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Georgian Bay.
Two ways to price a home in Georgian Bay
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
median, owners’ estimate
- Average
- $825K
- Owners
- 1,475
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses in Georgian Bay carry assessments 58% over the middle of Ontario’s towns
Detached houses account for 90% of the 5,420 properties on Georgian Bay’s 2024 roll.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
Single-detached houses are 92% of Georgian Bay’s homes, against 60% for Ontario’s towns
Georgian Bay had 1,660 occupied homes at the 2021 census. At least half predate 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Georgian Bay | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 4% | 7% | 8% |
| Needing major repairs | 12% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 15% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
2022 was the year Georgian Bay built most: 103 new homes permitted
Building permits added 358 homes in Georgian Bay between 2018 and 2023: some 60 a year. 98% were single-unit buildings, beside 66% for Ontario’s towns.
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Georgian Bay sits near the middle of Ontario’s towns ($695,000)
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Georgian Bay: Penetanguishene, Tay and Midland
The places around Georgian Bay at the 2021 census: median and average value, and how many own. Georgian Bay has few close neighbours with figures, so the list reaches 22–28 km out.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Georgian Bay | $695K | $825K | 89% | |
| Muskoka Lakes | $725K | $1.09M | 91% | 21.8 |
| Penetanguishene | $500K | $582K | 76% | 26.4 |
| Tay | $500K | $581K | 90% | 28.1 |
| Midland | $500K | $522K | 66% | 28.2 |
Census 2021 values; km.
Questions about property prices in Georgian Bay
How many households in Georgian Bay are in core housing need?
15% of Georgian Bay’s households, above the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
Is Georgian Bay expensive for Ontario?
About average: Georgian Bay’s census median is close to the $695,000 of Ontario’s towns.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).