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Houses for Sale in Lake of Bays ON Under $5 Million

Showing results 1 - 30 of 182

Are you looking for houses under $5m for sale in Lake of Bays ON? Square Yards Canada offers a wide selection of properties that cater to various budgets in Lake of Bays. Browse through detailed listings with HD images and guides to find the ideal property that fits your budget and preferences in Lake of Bays. Whether you’re looking to buy houses under under $5m in Lake of Bays 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 Lake of Bays houses for sale under under $5m, including freehold homes, condos, and commercial properties.

Last Updated: August 12, 2026

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1162 Osborne Point Road, Muskoka, ON , MLS #X13664622 , Image - 1

Unit-Unit 1, 1162 Osborne Point Road Franklin, Lake of Bays, Muskoka, ON MLS® X13664622

Residential Freehold (Detached)

$3950000.0

5 Beds
4 Baths
3000-3500 sq-ft

A truly exceptional Lake of Bays retreat, rich in Muskoka history and surrounded by natural beauty. Set along an impressive 540 feet of pristine shore

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1023 McCabe Road, Muskoka, ON , MLS #X13620944 , Image - 1

1023 McCabe Road Mclean, Lake of Bays, Muskoka, ON MLS® X13620944

Residential Freehold (Detached)

$1600000.0

2 +1 Beds
3 Baths
1100-1500 sq-ft

Welcome to Echo Beach-a rare family waterfront retreat on a private peninsula surrounded by the crystal-clear waters of Echo Lake. With over 400 feet

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1123 Blue Lake Road, Muskoka, ON , MLS #X13644400 , Image - 1

1123 Blue Lake Road Finlayson, Lake of Bays, Muskoka, ON MLS® X13644400

Residential Freehold (Detached)

$649900.0

1 Beds
1 Baths
700-1100 sq-ft

Welcome to 1123 Blue Lake Rd. This is a 4 Season cottage on a 3 Season Rd. privately maintained in winter tucked into the quintessential Algonquin set

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1484-3 WEST OXBOW LAKE Road, Muskoka, ON , MLS #X12839384 , Image - 1

1484-3 WEST OXBOW LAKE Road Finlayson, Lake of Bays, Muskoka, ON MLS® X12839384

Residential Freehold (Vacant Land)

$699000.0

Price drop by 6.7%

Experience the beauty of Oxbow Lake with this exceptional 3.11-acre waterfront property in the heart of Lake of Bays. Offering over 400 feet of pristi

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1484-2 WEST OXBOW LAKE Road, Muskoka, ON , MLS #X12826254 , Image - 1

1484-2 WEST OXBOW LAKE Road Finlayson, Lake of Bays, Muskoka, ON MLS® X12826254

Residential Freehold (Vacant Land)

$749000.0

Price drop by 6.3%

Discover an outstanding opportunity to build your dream waterfront retreat on the crystal-clear shores of Oxbow Lake in beautiful Lake of Bays. This e

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1484-1 WEST OXBOW LAKE Road, Muskoka, ON , MLS #X12823298 , Image - 1

1484-1 WEST OXBOW LAKE Road Finlayson, Lake of Bays, Muskoka, ON MLS® X12823298

Residential Freehold (Vacant Land)

$749000.0

Price drop by 6.3%

Discover an exceptional opportunity to build your dream waterfront retreat on the crystal-clear shores of Oxbow Lake in beautiful Lake of Bays. This s

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1101 Langford Road, Muskoka, ON , MLS #X13625266 , Image - 1

1101 Langford Road Mclean, Lake of Bays, Muskoka, ON MLS® X13625266

Residential Freehold (Detached)

$349000.0

700-1100 sq-ft

Escape to your own 25-acre private wilderness retreat, where peace, privacy, and year-round adventure await. Located just a few meters from a year-rou

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1341 Billie Bear Road, Muskoka, ON , MLS #X13662684 , Image - 1

1341 Billie Bear Road Sinclair, Lake of Bays, Muskoka, ON MLS® X13662684

Residential Freehold (Detached)

$154900.0

1 Baths
< 700 sq-ft

Escape to the beauty of Muskoka with this charming studio cabin at the sought-after Billie Bear Resort on picturesque Bella Lake, just outside Huntsvi

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1497 Fox Point Road, Muskoka, ON , MLS #X13459608 , Image - 1

1497 Fox Point Road Franklin, Lake of Bays, Muskoka, ON MLS® X13459608

Residential Freehold (Detached)

$1800000.0

3 Beds
3 Baths
2000-2500 sq-ft

Enjoy exceptional privacy, natural beauty, and sweeping views across Lake of Bays from this architecturally designed home set on 154 acres of rolling

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1299 Dickie Lake Road, Muskoka, ON , MLS #X13097658 , Image - 1

1299 Dickie Lake Road Mclean, Lake of Bays, Muskoka, ON MLS® X13097658

Residential Freehold (Detached)

$749900.0

Price drop by 3.2%

3 +0 Beds
1 Baths
700-1100 sq-ft

Peaceful. Private. Effortless lake days. Set on the clear, spring-fed waters of Dickie Lake, this well-loved cottage sits tucked near the end of a qui

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1087 Glenmount Road, Muskoka, ON , MLS #X13447650 , Image - 1

1087 Glenmount Road Ridout, Lake of Bays, Muskoka, ON MLS® X13447650

Residential Freehold (Detached)

$1149000.0

4 Beds
2 Baths
1100-1500 sq-ft

Tucked along the shores of Lake of Bays, this inviting year-round cottage is all about connection, relaxation, and unforgettable moments. Spend your d

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1042 Hillside Crescent, Muskoka, ON , MLS #X13173096 , Image - 1

1042 Hillside Crescent Sinclair, Lake of Bays, Muskoka, ON MLS® X13173096

Residential Freehold (Detached)

$1095900.0

Price drop by 8.4%

5 +1 Beds
6 Baths
3000-3500 sq-ft

There's a reason the Limberlost corridor is so tightly held. You're surrounded by lakes, trails, wildlife, and some of Muskoka's most beautiful landsc

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1045 North Pine Drive, Muskoka, ON , MLS #X13411428 , Image - 1

1045 North Pine Drive Ridout, Lake of Bays, Muskoka, ON MLS® X13411428

Residential Freehold (Vacant Land)

$179000.0

Nestled in a peaceful setting just minutes from both Chub Lake and Paint Lake, this beautiful approximately 11-acre parcel offers the perfect opportun

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1054 Hilltop Crescent, Muskoka, ON , MLS #X13656280 , Image - 1

1054 Hilltop Crescent Franklin, Lake of Bays, Muskoka, ON MLS® X13656280

Residential Freehold (Detached)

$2695000.0

5 Beds
2 Baths
2500-3000 sq-ft

Set on approximately 150 feet of Lake of Bays waterfront and a 1-acre lot, 1054 Hilltop Crescent is a rare, handcrafted luxury log cottage offering au

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1461 South Portage Road, Muskoka, ON , MLS #X13568864 , Image - 1

1461 South Portage Road Franklin, Lake of Bays, Muskoka, ON MLS® X13568864

Residential Freehold (Detached)

$1749900.0

Price drop by 2.7%

4 Beds
2 Baths
1500-2000 sq-ft

The moment you step onto the deck, Lake of Bays becomes the focal point. Expansive south-east views, breathtaking sunrises, and nearly an acre of land

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1088 Colony Road, Muskoka, ON , MLS #X13078982 , Image - 1

1088 Colony Road Mclean, Lake of Bays, Muskoka, ON MLS® X13078982

Residential Freehold (Detached)

$399900.0

Price drop by 5.9%

2 Beds
1 Baths
1100-1500 sq-ft

Welcome to this waterfront home in Muskoka! This large property on the water feels like you are in cottage country, but still close enough to Bracebri

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2320 Highway 117 N/A, Muskoka, ON , MLS #X13653628 , Image - 1

2320 Highway 117 N/A Mclean, Lake of Bays, Muskoka, ON MLS® X13653628

Residential Freehold (Detached)

$2795000.0

5 Beds
5 Baths
5000 + sq-ft

Discover the Ultimate Muskoka Property for Car Collectors, Hobbyists & Entrepreneurs! Welcome to a truly one-of-a-kind 5 bedroom, 5 bathroom luxury es

Open House : Sun Aug 16, 01:00 PM to 03:00 PM

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1110 Joseph Tapley Road, Muskoka, ON , MLS #X13647530 , Image - 1

1110 Joseph Tapley Road Franklin, Lake of Bays, Muskoka, ON MLS® X13647530

Residential Freehold (Detached)

$1175000.0

3 Beds
1 Baths
700-1100 sq-ft

Rare opportunity with 173 feet of pristine frontage on Lake of Bays! Cherished by the same family for over 50 years, this classic Muskoka cottage capt

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3650 Muskoka Road 117 N/A, Muskoka, ON , MLS #X13635042 , Image - 1

3650 Muskoka Road 117 N/A Ridout, Lake of Bays, Muskoka, ON MLS® X13635042

Residential Freehold (Detached)

$929000.0

3 Beds
2 Baths
2000-2500 sq-ft

Carved out of the woods of Muskoka is a two storey three bedroom home located just a short walk or drive to a boat launch and sand beach on Lake of Ba

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1098 Old Hwy 117 N/A, Muskoka, ON , MLS #X13622970 , Image - 1

1098 Old Hwy 117 N/A Ridout, Lake of Bays, Muskoka, ON MLS® X13622970

Residential Freehold (Vacant Land)

$75000.0

Steps from Lake of Bays! This is the one you've been waiting for: a pristine, tree-covered lot just a 5-minute stroll to Lake of Bays, with two public

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Lot 29 Concession 11 Franklin N/A, Muskoka, ON , MLS #X13616594 , Image - 1

Lot 29 Concession 11 Franklin N/A Franklin, Lake of Bays, Muskoka, ON MLS® X13616594

Residential Freehold (Other)

$399900.0

6 Beds
3 Baths
< 700 sq-ft

85 Acres of Family Adventure and Outdoor Recreation Near Lake of Bays, Deerhurst Resort & Huntsville! Whether you're looking for the perfect long week

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3013 MUSKOKA ROAD 117 N/A, Muskoka, ON , MLS #X13266206 , Image - 1

3013 MUSKOKA ROAD 117 N/A Mclean, Lake of Bays, Muskoka, ON MLS® X13266206

Residential Freehold (Detached)

$3995000.0

5 Beds
3 Baths
3500-5000 sq-ft

Nestled along the coveted shores of Lake of Bays, just minutes from the charming village of Baysville and only two hours from the Greater Toronto Area

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4209 MUSKOKA ROAD 117 N/A, Muskoka, ON , MLS #X13189546 , Image - 1

Unit-3, 4209 MUSKOKA ROAD 117 N/A Franklin, Lake of Bays, Muskoka, ON MLS® X13189546

Residential Freehold (Detached)

$1780000.0

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

Luxury waterfront retreat on prestigious Lake of Bays in the heart of Muskoka. Privately nestled among towering trees with panoramic lake views, this

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2212-1 Highway 60 N/A, Muskoka, ON , MLS #X13156366 , Image - 1

2212-1 Highway 60 N/A Sinclair, Lake of Bays, Muskoka, ON MLS® X13156366

Residential Freehold (Detached)

$525000.0

Price drop by 17.8%

2 Beds
2 Baths
1500-2000 sq-ft

Welcome to your charming rural retreat just minutes from Huntsville. Nestled on a beautifully treed and private lot along Highway 60, this well-mainta

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1119 NARROWS ROAD N/A, Muskoka, ON , MLS #X13120498 , Image - 1

1119 NARROWS ROAD N/A Ridout, Lake of Bays, Muskoka, ON MLS® X13120498

Residential Freehold (Rural Residential)

$1499900.0

3 Beds
2 Baths
700-1100 sq-ft

Set on 120 feet of western-facing shoreline, this beautifully updated year-round cottage captures the essence of elevated Muskoka living. Ideally posi

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504 Bigwin Island N/A, Muskoka, ON , MLS #X12982010 , Image - 1

504 Bigwin Island N/A Franklin, Lake of Bays, Muskoka, ON MLS® X12982010

Residential Freehold (Vacant Land)

$749999.0

Sun, Sand and Big Views! Create your dream cottage on this stunning 1.123-acre, forested lot on prestigious Bigwin Island, nestled on Muskoka's second

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66 BIGWIN ISLAND N/A, Muskoka, ON , MLS #X12948990 , Image - 1

66 BIGWIN ISLAND N/A Franklin, Lake of Bays, Muskoka, ON MLS® X12948990

Residential Freehold (Vacant Land)

$895000.0

< 700 sq-ft

BIGWIN EQUITY GOLF CLUB MEMBERSHIP (VALUED AT $150K) INCLUDED! PLAY GOLF THIS SEASON! Build your sustainable dream home, designed by the award-winnin

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LOT 9 & 10 CONCESSION 5 N/A, Muskoka, ON , MLS #X12857604 , Image - 1

LOT 9 & 10 CONCESSION 5 N/A Mclean, Lake of Bays, Muskoka, ON MLS® X12857604

Residential Freehold (Vacant Land)

$1675000.0

Your private piece of paradise has been found! This rare offering includes 200 acres of pristine wilderness surrounding Whitehouse Lake, a spring-fed

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Lot 28 Concession 11 N/A, Muskoka, ON , MLS #X12731874 , Image - 1

Lot 28 Concession 11 N/A Franklin, Lake of Bays, Muskoka, ON MLS® X12731874

Residential Freehold (Vacant Land)

$249900.0

Escape from the City! Just over 2 hours north of Toronto you will find your own paradise. This 100 acre parcel of land offers a mix of white pine, bir

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84 BIGWIN ISLAND N/A, Muskoka, ON , MLS #X12147540 , Image - 1

84 BIGWIN ISLAND N/A Franklin, Lake of Bays, Muskoka, ON MLS® X12147540

Residential Freehold (Detached)

$3950000.0

Price drop by 10.1%

5 +0 Beds
5 Baths
3500-5000 sq-ft

Experience the pinnacle of island living on Bigwin Island. Included with this property is immediate access and membership to the prestigious Bigwin Is

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