Nestled in the heart of the Parry Sound District in Ontario, Lake Manitouwabing is a picturesque freshwater lake that attracts visitors from all over the world. Its breathtaking natural scenery and the diverse range of outdoor activities available make it an ideal vacation spot for adventure seekers and nature lovers alike.
In this article, we will provide an in-depth analysis of the history of Lake Manitouwabing, its geography, and the current real estate market trends and statistics. Whether you are interested in purchasing a property on the lake or simply want to learn more about this stunning destination, this article is the perfect place to start.
Sue and I plan on paddling the lake later this summer so we'll add some more photos information on day paddles from McKellar. With all its bays & islands it will be a really interesting lake to explore.
Indigenous History
The history of Lake Manitouwabing dates back centuries ago when the region was inhabited by the Anishinaabe people. The lake played a significant role in the lives of these indigenous communities, providing them with food, water, and transportation. The lake was an important gathering place for the Anishinaabe people, who called the lake Manitouwabing, meaning "Spirit Lake". The Anishinaabe people have lived in the area for over 10,000 years and have a deep connection to the land and water.
In the 19th century, European settlers arrived in the area, and the lake became a vital hub for logging and fishing industries. Today, Lake Manitouwabing is a popular vacation destination that attracts visitors from all over the world.
In the mid-1600s, the French arrived in the area and established trade relationships with the Anishinaabe people. These relationships were built on mutual respect and helped to shape the cultural landscape of the region. Today, the Anishinaabe people continue to live in the area and have a strong presence in the community.
Lake History
Early maps called its upper section Minerva Lake. Later documents referred to the whole of it as Manitowaba, or Manitowabin. It's a glacial lake that was formed approximately 10,000 years ago. It is one of the largest lakes in the Parry Sound district, covering an area of approximately 16 square kilometers. The lake is known for its crystal-clear waters, sandy beaches, and beautiful scenery. It is home to a wide variety of fish, including northern pike, smallmouth bass, and walleye.
The lake has a rich history of recreational activities, with many cottages and resorts built along its shores. The lake has been a popular destination for vacationers for over a century, with many families returning year after year to enjoy the beauty and tranquility of the lake.
Lake Data
Lake Manitouwabing is a relatively shallow lake, with an average depth of 7.5 meters and a maximum depth of 21 meters. The lake has a total shoreline length of approximately 80 kilometers, with many bays and inlets providing sheltered areas for boating and fishing. Muskoka Water Web is a great information resource on most of the lakes in Parry Sound & Muskoka.
Manitouwabing Real Estate
Lake Manitouwabing has long been a popular destination for people looking to purchase vacation homes or cottages. The real estate market in the area has been strong in the last decade with more substantial increases during Covid.
2019 - 46 sold $85,000 - $1,575,000 | Median $500,000
2020 - 42 sold $82,000 - $2,900,000 | Median $587,500
2021 - 36 sold $41,000 - $2,345,000 | Median $669,000
2022 - 11 sold $340,000 - $2,600,000 | Median $1,111,000
*Freehold Properties ( no leased land, time-shares, rentals etc.)
The demand for waterfront properties on Lake Manitouwabing is driven by its natural beauty, world class golf course and proximity to Parry Sound. It will be interesting to watch the post-pandemic real estate market on Manitouwabing and see if the generally down-turn is somewhat buffered by it's popularity.
In terms of property types, there is a wide range of options available for buyers in many price ranges. Seasonal cottages generally sell for between $750,000 and $950,000 with year round lake homes generally selling between $1,200,000 to over $3,000,000++. Very few good vacant properties come to the market.