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Houses for Sale in Georgian Bay ON Under $5 Million

Showing results 1 - 30 of 46

Are you looking for houses under $5m for sale in Georgian Bay ON? Square Yards Canada offers a wide selection of properties that cater to various budgets in Georgian Bay. Browse through detailed listings with HD images and guides to find the ideal property that fits your budget and preferences in Georgian Bay. Whether you’re looking to buy houses under under $5m in Georgian Bay ON for residential living or as investment opportunities, our listings allow you to filter by amenities, property age, number of bedrooms and much more. Explore a diverse range of Georgian Bay houses for sale under under $5m, including freehold homes, condos, and commercial properties.

Last Updated: May 13, 2026

47 Photos

1432 HONEY HARBOUR Road, Muskoka, ON , MLS #X13112782 , Image - 1

1432 HONEY HARBOUR Road Baxter, Georgian Bay, Muskoka, ON MLS® X13112782

Residential Freehold (Detached)

$879900.0

3 +0 Beds
3 Baths
1500-2000 sq-ft

FANTASTIC OPPORTUNITY AWAITS NEAR BEAUTIFUL GEORGIAN BAY! THIS CUSTOM BUILT HOME LOADED WITH QUALITY FINISHES THROUGHOUT IS SITUATED ON 3 PRIVATE ACRE

26 Photos

15052 Georgian Bay Shore N/A, Muskoka, ON , MLS #X13113924 , Image - 1

15052 Georgian Bay Shore N/A Baxter, Georgian Bay, Muskoka, ON MLS® X13113924

Residential Freehold (Detached)

$799000.0

3 Beds
1 Baths
1100-1500 sq-ft

This is a real gem, located in the Cognashene area, about 15 minutes by boat from marinas in Honey Harbour on Georgian Bay. You're going to love the p

48 Photos

6184 Go Home Lake Shore N/A, Muskoka, ON , MLS #X11997937 , Image - 1

6184 Go Home Lake Shore N/A Gibson, Georgian Bay, Muskoka, ON MLS® X11997937

Residential Freehold (Detached)

$1699000.0

Price drop by 14.6%

1 +2 Beds
3 Baths
2500-3000 sq-ft

Welcome to your dream waterfront retreat in Crystal Bay on Go Home Lake! This stunning winterized Golden Eagle log home boasts 3 bedrooms, 3 bathrooms

25 Photos

15 Carnoustie Lane, Muskoka, ON , MLS #X13110588 , Image - 1

15 Carnoustie Lane Baxter, Georgian Bay, Muskoka, ON MLS® X13110588

Residential Condo & Other (Condo Townhouse)

$499000.0

2 Beds
2 Baths
1000-1199 sq-ft

Offering a vibrant resort lifestyle with a wealth of amenities just moments from your door, this exceptional bungalow condo is a standout opportunity

Open House : Sun May 17, 11:00 AM to 01:00 PM

23 Photos

296 High Street, Muskoka, ON , MLS #X13025098 , Image - 1

296 High Street Freeman, Georgian Bay, Muskoka, ON MLS® X13025098

Residential Freehold (Detached)

$459999.0

3 Beds
1 Baths
700-1100 sq-ft

Mactier - Where Muskoka Meets Georgian Bay, Adventure Begins at Your Doorstep. Welcome to 296 High Street, a fantastic opportunity to own a charming h

48 Photos

12 Masters Crescent, Muskoka, ON , MLS #X13094330 , Image - 1

12 Masters Crescent Baxter, Georgian Bay, Muskoka, ON MLS® X13094330

Residential Freehold (Att/Row/Townhouse)

$648500.0

3 +0 Beds
3 Baths
1500-2000 sq-ft

Welcome to the lifestyle so many home owners dream about! This beautifully designed freehold Torrey Pines townhome offers 1,811 sq ft of bright, comf

11 Photos

88 Musky Bay Road, Muskoka, ON , MLS #X13022024 , Image - 1

88 Musky Bay Road Baxter, Georgian Bay, Muskoka, ON MLS® X13022024

Residential Freehold (Vacant Land)

$299900.0

BUILD YOUR DREAM HOME OR COTTAGE ON THIS RECENTLY CLEARED 7.9 ACRE LOT NEAR GEORGIAN BAY WITH DRIVEWAY, CULVERT, MUNICIPAL ADDRESS ASSIGNED & HYDRO AT

33 Photos

29 Railway Street, Muskoka, ON , MLS #X13049356 , Image - 1

29 Railway Street Freeman, Georgian Bay, Muskoka, ON MLS® X13049356

Residential Freehold (Duplex)

$399000.0

4 Beds
3 Baths
1100-1500 sq-ft

Residential Home with additional inlaw suite. Excellent location near the beach at Stewart Lake. Close to everything in the Village of Mactier, about

13 Photos

45 Tower Road, Muskoka, ON , MLS #X13095778 , Image - 1

Unit-4, 45 Tower Road Freeman, Georgian Bay, Muskoka, ON MLS® X13095778

Residential Freehold (MobileTrailer)

$219900.0

2 Beds
2 Baths
700-1100 sq-ft

Welcome to 45 Tower Road, Lot 4 a beautifully crafted modular home built in 2022, offering a perfect blend of comfort, style, and convenience. This br

10 Photos

4648 Is 2190 Georgian Bay N/A, Muskoka, ON , MLS #X12150806 , Image - 1

4648 Is 2190 Georgian Bay N/A Gibson, Georgian Bay, Muskoka, ON MLS® X12150806

Residential Freehold (Vacant Land)

$155000.0

< 700 sq-ft

2+ acre private vacant building lot in the heart of Cognashene on Burnt Island, Freddy Channel. Natural setting, well treed, lots of granite and mixed

50 Photos

374 STEWART LAKE Road, Muskoka, ON , MLS #X12890496 , Image - 1

374 STEWART LAKE Road Freeman, Georgian Bay, Muskoka, ON MLS® X12890496

Residential Freehold (Detached)

$929900.0

3 Beds
1 Baths
700-1100 sq-ft

Private Point Retreat with Panoramic Sunrise & Sunset Views. Welcome to your dream getaway, perfectly positioned on a private point of land with unint

38 Photos

40 Island 810 N/A, Muskoka, ON , MLS #X13065358 , Image - 1

40 Island 810 N/A Baxter, Georgian Bay, Muskoka, ON MLS® X13065358

Residential Freehold (Detached)

$2499999.0

4 Beds
3 Baths
2000-2500 sq-ft

Situated on Royal Island, This 17.75 acre Island was once home to the bustling Royal Hotel. Known for its second storey Veranda, this hotel attracted

9 Photos

29 BEAR LAKE Road, Muskoka, ON , MLS #X12894670 , Image - 1

29 BEAR LAKE Road Freeman, Georgian Bay, Muskoka, ON MLS® X12894670

Residential Freehold (Vacant Land)

$399000.0

Set on approximately 3.2 acres, this Little Bear Lake property is a nature lover's retreat with peaceful water views and abundant privacy. The west-fa

40 Photos

135 Marina Village Drive, Muskoka, ON , MLS #X13062522 , Image - 1

135 Marina Village Drive Baxter, Georgian Bay, Muskoka, ON MLS® X13062522

Residential Freehold (Detached)

$789900.0

4 Beds
3 Baths
1500-2000 sq-ft

The Palmer 2 Storey Single Detached Modern and Exclusive New Construction Home at Bayside 11 is Oak Bay's Crown Jewel. Four Bedrooms 3 Full Baths Doub

7 Photos

162 Bonneville Road, Muskoka, ON , MLS #X12584542 , Image - 1

162 Bonneville Road Baxter, Georgian Bay, Muskoka, ON MLS® X12584542

Residential Freehold (Vacant Land)

$484900.0

Expansive 7.28 acre estate lot boasting over 600 feet of level road frontage on a municipally maintained road. This property offers endless potential

7 Photos

559 HONEY HARBOUR Road, Muskoka, ON , MLS #X13050030 , Image - 1

559 HONEY HARBOUR Road Baxter, Georgian Bay, Muskoka, ON MLS® X13050030

Residential Freehold (Detached)

$650000.0

< 700 sq-ft

Build Your Dream Home or Cottage!!! Vacant Lot 26.5 Acres in Honey Harbour, Georgian Bay, Muskoka District. Beautiful Wooded Lot ideally located 5 min

11 Photos

32 Webber Island N/A, Muskoka, ON , MLS #X13049752 , Image - 1

32 Webber Island N/A Gibson, Georgian Bay, Muskoka, ON MLS® X13049752

Residential Freehold (Vacant Land)

$850000.0

< 700 sq-ft

One of the last chances to build your dream cottage on Webber Island! This 2.6-acre premium lot offers 469 feet of western-facing shoreline in a calm,

40 Photos

2512 Honey Harbour Road, Muskoka, ON , MLS #X12945546 , Image - 1

2512 Honey Harbour Road Baxter, Georgian Bay, Muskoka, ON MLS® X12945546

Residential Freehold (Detached)

$599999.0

3 Beds
3 Baths
1500-2000 sq-ft

Two buildings for the price of one. You will find this gem of a property (almost 1 acre) right in Honey Harbour. A full brick bungalow that has an ope

49 Photos

28 Masters Crescent, Muskoka, ON , MLS #X13031596 , Image - 1

28 Masters Crescent Baxter, Georgian Bay, Muskoka, ON MLS® X13031596

Residential Freehold (Att/Row/Townhouse)

$747000.0

4 Beds
4 Baths
2000-2500 sq-ft

Top 5 Reasons You Will Love This Home: 1) End-unit freehold townhouse ideally positioned on the fringe of cottage country where some neighbouring prop

16 Photos

243 PRISQUE Road, Muskoka, ON , MLS #X13030780 , Image - 1

243 PRISQUE Road Baxter, Georgian Bay, Muskoka, ON MLS® X13030780

Residential Freehold (Vacant Land)

$498000.0

7.8 Acres of serenity within 1.5 hr drive from Toronto .676 feet of mixed shallow water frontage . Build your cottage or home oasis in the woods to co

39 Photos

149 JOHN BUCHLER Road, Muskoka, ON , MLS #X13002054 , Image - 1

149 JOHN BUCHLER Road Baxter, Georgian Bay, Muskoka, ON MLS® X13002054

Residential Freehold (Detached)

$1395000.0

1 +2 Beds
3 Baths
2000-2500 sq-ft

Welcome to this 7 Year old, 3 Bedroom, 3 Bathroom Four-season Cottage! This Turn Key Cottage features a spacious open concept Living, Dining, Kitchen

38 Photos

87 Dayeo Drive, Muskoka, ON , MLS #X12742162 , Image - 1

87 Dayeo Drive Freeman, Georgian Bay, Muskoka, ON MLS® X12742162

Residential Freehold (Detached)

$1349000.0

5 Beds
1 Baths
1500-2000 sq-ft

WATERFRONT Four Season Solid Wood Log Home offers the ultimate cottage experience featuring a custom stone wood burning fireplace with lake views comp

14 Photos

30 Webber Island N/A, Muskoka, ON , MLS #X12998300 , Image - 1

30 Webber Island N/A Gibson, Georgian Bay, Muskoka, ON MLS® X12998300

Residential Freehold (Vacant Land)

$1100000.0

< 700 sq-ft

A rare peninsula on Webber Island. One of the last premium lots of its king, this 4.2-acre southern peninsula is a standout on Webber Island. With 141

47 Photos

105 Marina Village Drive, Muskoka, ON , MLS #X12977878 , Image - 1

105 Marina Village Drive Baxter, Georgian Bay, Muskoka, ON MLS® X12977878

Residential Freehold (Att/Row/Townhouse)

$649999.0

4 Beds
3 Baths
1500-2000 sq-ft

Wake up to marina views, live steps from the golf course, and own a practically new home. Georgian Bay's most coveted marina lifestyle. This is the on

23 Photos

LT 14 HUNGRY BAY Road, Muskoka, ON , MLS #X12825796 , Image - 1

LT 14 HUNGRY BAY Road Baxter, Georgian Bay, Muskoka, ON MLS® X12825796

Residential Freehold (Vacant Land)

$1648000.0

< 700 sq-ft

Excellent Opportunity! Own a large waterfront property over 80 Acres on the Northeast side of beautiful Six Mile Lake. Nicely treed with some open for

18 Photos

471 NORTH SHORE RD N/A, Muskoka, ON , MLS #X12723828 , Image - 1

471 NORTH SHORE RD N/A Baxter, Georgian Bay, Muskoka, ON MLS® X12723828

Residential Freehold (Vacant Land)

$1988000.0

< 700 sq-ft

Discover over 2+ acres of premier waterfront property on the breathtaking shores of Georgian Bay, ready for you to bring your dream retreat to life. L

50 Photos

100 ISLAND 630 GEORGIAN BAY N/A, Muskoka, ON , MLS #X12962552 , Image - 1

100 ISLAND 630 GEORGIAN BAY N/A Baxter, Georgian Bay, Muskoka, ON MLS® X12962552

Residential Freehold (Detached)

$1595000.0

4 +0 Beds
3 Baths
1500-2000 sq-ft

36 Photos

7826 Lake Joseph Road, Muskoka, ON , MLS #X12765162 , Image - 1

7826 Lake Joseph Road Freeman, Georgian Bay, Muskoka, ON MLS® X12765162

Residential Freehold (Detached)

$425000.0

3 Beds
1 Baths
700-1100 sq-ft

A perfect property for a first time buyer or a cottage get away. 3 bedrooms and 1 washroom. A must see. Close to LCBO and grocery store, HWY-400 and L

27 Photos

520 Sweets Portage Road, Muskoka, ON , MLS #X12920948 , Image - 1

520 Sweets Portage Road Baxter, Georgian Bay, Muskoka, ON MLS® X12920948

Residential Freehold (Detached)

$699000.0

< 700 sq-ft

Waterfront Building Lot on Gloucester Pool Prime Location! Incredible opportunity to build your dream home or cottage on this well-treed, waterfront l

30 Photos

26 Macey Bay Road, Muskoka, ON , MLS #X12822758 , Image - 1

26 Macey Bay Road Baxter, Georgian Bay, Muskoka, ON MLS® X12822758

Residential Freehold (Detached)

$980000.0

Price drop by 6.7%

3 Beds
2 Baths
1100-1500 sq-ft

Welcome to 26 Macey Bay Road. This brand new, fully winterized home/cottage on Southern Georgian Bay features about 1,200 square feet of living space

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