Real Estate Investment Properties for Sale in Canadian Lakes, MI

Looking for investment property in Canadian Lakes, MI with high ROI ?

Explore a variety of short-term homes & houses in Canadian Lakes, MI. Invest wisely with VRBO & Canadian Lakes, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Canadian Lakes, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11328 Old Pierce Road Canadian Lakes, MI LOCATION LOCATION LOCATION. 245 feet of beautiful water views of Far West Canadian Lakes, ...	3 beds \| 1 baths \| 1,300 sq.ft.	$374,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 0.43% Airbnb Rental Income: $952 Traditional Rental Income: $1256 Airbnb ROI: -1.42% Traditional ROI: 0.43%
10085 Holly Lane Canadian Lakes, MI COMING SOON TO CANADIAN LAKES: Sunsets, Sand, and Serenity. Waterfront Perfection with a 3...	4 beds \| 3 baths \| 2,688 sq.ft.	$719,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.3% Airbnb Rental Income: $1505 Traditional Rental Income: $3428 Airbnb ROI: -0.23% Traditional ROI: 3.3%
9530 Golf Port Drive Canadian Lakes, MI Nestled in a quiet setting directly across from Highland Golf Course, this charming 3-bedr...	3 beds \| 2 baths \| 1,900 sq.ft.	$295,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 3.42% Airbnb Rental Income: $1118 Traditional Rental Income: $1760 Airbnb ROI: -0.24% Traditional ROI: 3.42%
6782 White Pine Drive Canadian Lakes, MI Charming 2-Bedroom Home in Royal South - Steps from Lake Laura & Golf. Discover effortless...	2 beds \| 1 baths \| 912 sq.ft.	$228,644	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.35% Airbnb Rental Income: $1006 Traditional Rental Income: $1075 Airbnb ROI: 0.39% Traditional ROI: 2.35%
9341 Center Lane Canadian Lakes, MI Experience the perfect blend of rustic charm and comfort. This beautifully updated chalet-...	2 beds \| 1 baths \| 1,463 sq.ft.	$265,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.32% Airbnb Rental Income: $1006 Traditional Rental Income: $1762 Airbnb ROI: -0.13% Traditional ROI: 4.32%
7896 Bay Meadow Canadian Lakes, MI Still time for Summer 2026 lake life!Experience one of the most unique settings in Canadia...	4 beds \| 3 baths \| 2,415 sq.ft.	$875,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 1.38% Airbnb Rental Income: $1505 Traditional Rental Income: $2971 Airbnb ROI: -0.96% Traditional ROI: 1.38%
7709 Lakeview Drive Canadian Lakes, MI This charming, updated 3 bedroom chalet features an open floor plan and knotty pine ceilin...	3 beds \| 2 baths \| 1,334 sq.ft.	$239,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.14% Airbnb Rental Income: $1118 Traditional Rental Income: $1797 Airbnb ROI: 0.47% Traditional ROI: 5.14%
11417 Pinecrest Drive Canadian Lakes, MI Set along a quiet stretch of Canadian Lakes, this waterfront property offers a peaceful se...	3 beds \| 3 baths \| 2,210 sq.ft.	$599,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.84% Airbnb Rental Income: $1118 Traditional Rental Income: $3123 Airbnb ROI: -0.42% Traditional ROI: 3.84%
10905 1st Street Canadian Lakes, MI Charming Canadian Lakes Chalet on Double Corner Lot! Well-maintained and fully furnished c...	3 beds \| 1 baths \| 1,260 sq.ft.	$245,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 3.53% Airbnb Rental Income: $1118 Traditional Rental Income: $1724 Airbnb ROI: -0.71% Traditional ROI: 3.53%
6161 Fox Run Circle #622 Canadian Lakes, MI Gorgeous, partially remodeled bi-level home, located in the family friendly Royal South ar...	4 beds \| 2 baths \| 1,664 sq.ft.	$297,500	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.76% Airbnb Rental Income: $1505 Traditional Rental Income: $1898 Airbnb ROI: 0.79% Traditional ROI: 3.76%
7808 Sunset Shores Drive #54 Canadian Lakes, MI Discover your perfect retirement retreat in the desirable 55+ community of Sunset Shores i...	3 beds \| 2 baths \| 1,650 sq.ft.	$159,000	Airbnb cash on cash: -1.94% Traditional cash on cash: 5.24% Airbnb Rental Income: $1118 Traditional Rental Income: $1834 Airbnb ROI: -1.94% Traditional ROI: 5.24%
9158 Elmwood Court #185 Canadian Lakes, MI Beautiful lakefront home on Lake Laura in Canadian Lakes! This property is ideally situate...	4 beds \| 2 baths \| 2,358 sq.ft.	$412,500	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.91% Airbnb Rental Income: $1505 Traditional Rental Income: $2811 Airbnb ROI: 0.39% Traditional ROI: 4.91%
TBD W Royal Rd Canadian Lakes, MI TBD W Royal Rd, Canadian Lakes, MI 49346 \| Other	N/A beds \| N/A baths \| 1,262 sq.ft.	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $676 Airbnb ROI: N/A Traditional ROI: 7.37%
TBD W Royal Rd #2 Canadian Lakes, MI TBD W Royal Rd #2, Canadian Lakes, MI 49346 \| Other	N/A beds \| N/A baths \| 2,700 sq.ft.	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $676 Airbnb ROI: N/A Traditional ROI: 7.37%
Old State Rd Canadian Lakes, MI Old State Rd, Canadian Lakes, MI 49346 \| Other	N/A beds \| N/A baths \| N/A	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.28% Airbnb Rental Income: $null Traditional Rental Income: $676 Airbnb ROI: N/A Traditional ROI: -1.28%
9215 Edgewater Drive Canadian Lakes, MI One-of-a-kind new construction home in Canadian Lakes thoughtfully designed for comfort, e...	3 beds \| 2 baths \| 1,457 sq.ft.	$425,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.71% Airbnb Rental Income: $1118 Traditional Rental Income: $2459 Airbnb ROI: 0.4% Traditional ROI: 4.71%
10849 1st Street Canadian Lakes, MI Location, location, location! This total rebuild at 10849 First St. in Canadian lakes has ...	4 beds \| 3 baths \| 2,330 sq.ft.	$849,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 1.99% Airbnb Rental Income: $1505 Traditional Rental Income: $3066 Airbnb ROI: -0.54% Traditional ROI: 1.99%
8770 N Island Drive #22-23 Canadian Lakes, MI Located on a double lot with panoramic views overlooking Lake of Clouds in Canadian Lakes,...	4 beds \| 2 baths \| 2,128 sq.ft.	$479,950	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.63% Airbnb Rental Income: $1505 Traditional Rental Income: $2788 Airbnb ROI: -0.21% Traditional ROI: 3.63%
7604 Regency Lane Canadian Lakes, MI Welcome to your dream home overlooking the 3rd hole tee box of the Royal Golf Course. This...	3 beds \| 2 baths \| 2,293 sq.ft.	$399,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 5.51% Airbnb Rental Income: $1118 Traditional Rental Income: $2871 Airbnb ROI: -0.17% Traditional ROI: 5.51%
7788 W Royal Road Canadian Lakes, MI Waterfront home in Canadian Lakes! This updated 4 bedroom, 2.5 bath property offers beauti...	4 beds \| 3 baths \| 1,785 sq.ft.	$549,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.45% Airbnb Rental Income: $1505 Traditional Rental Income: $2901 Airbnb ROI: -0.12% Traditional ROI: 3.45%
7201 Holiday Drive Canadian Lakes, MI Prime waterfront in the heart of the Canadian Lakes resort. Located in west central Michig...	3 beds \| 2 baths \| 1,963 sq.ft.	$799,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 1.97% Airbnb Rental Income: $1118 Traditional Rental Income: $2793 Airbnb ROI: -0.79% Traditional ROI: 1.97%
8986 N Royal Rd #46 Canadian Lakes, MI 8986 N Royal Rd #46, Canadian Lakes, MI 49346 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $780 Airbnb ROI: N/A Traditional ROI: 3.81%
TBD W School Section Lake Dr Canadian Lakes, MI TBD W School Section Lake Dr, Canadian Lakes, MI 49332 \| Other	N/A beds \| N/A baths \| N/A	$63,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.4% Airbnb Rental Income: $null Traditional Rental Income: $904 Airbnb ROI: N/A Traditional ROI: 10.4%
8670 N Island Drive lot: 32 And 33 Canadian Lakes, MI Welcome to your Canadian Lakes-- Lake of the Clouds waterfront retreat--an exceptional, ne...	2 beds \| 2 baths \| 2,047 sq.ft.	$749,900	Airbnb cash on cash: -1.96% Traditional cash on cash: 1.06% Airbnb Rental Income: $1006 Traditional Rental Income: $2760 Airbnb ROI: -1.96% Traditional ROI: 1.06%
8917 Longview Drive Canadian Lakes, MI Lake Laura waterfront in Canadian Lakes! This 3 bedroom, 3 bath home offers 1,624 sq ft of...	3 beds \| 3 baths \| 1,624 sq.ft.	$399,900	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.07% Airbnb Rental Income: $1118 Traditional Rental Income: $2126 Airbnb ROI: -0.62% Traditional ROI: 3.07%
6619 Donegal Court Canadian Lakes, MI For the first time on the market, this thoughtfully designed waterfront home offers the pe...	3 beds \| 2 baths \| 1,512 sq.ft.	$579,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.51% Airbnb Rental Income: $1118 Traditional Rental Income: $1292 Airbnb ROI: -0.5% Traditional ROI: 0.51%

Real Estate investment in Canadian-lakes, MI

There are 28 properties for sale in the city of Canadian Lakes . The median list price in Canadian Lakes is $338,700 and the average price per square foot is $182. In May 2026, the average monthly cash on cash return in Canadian Lakes is 4.00%. The average monthly rental income in Canadian Lakes is $2,126.

Canadian-lakes, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 28 investment properties available for sale in Canadian-lakes.

In 2026, the best neighborhood to buy investment property is Canadian Lakes.

The ROI for Short-Term is higher than the Long-Term in Canadian-lakes with average rental income of $1,118.

Your search for investment property begins and ends here

Investment Property for Sale in Canadian Lakes, MI

11328 Old Pierce Road

Canadian Lakes, MI

3 beds | 1 baths | 1,300 sq.ft.

$374,000

Airbnb cash on cash: -1.42%

Traditional cash on cash: 0.43%

Airbnb Rental Income: $952

Traditional Rental Income: $1256

Airbnb ROI: -1.42%

Traditional ROI: 0.43%

10085 Holly Lane

Canadian Lakes, MI

4 beds | 3 baths | 2,688 sq.ft.

$719,000

Airbnb cash on cash: -0.23%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $1505

Traditional Rental Income: $3428

Airbnb ROI: -0.23%

Traditional ROI: 3.3%

9530 Golf Port Drive

Canadian Lakes, MI

3 beds | 2 baths | 1,900 sq.ft.

$295,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $1118

Traditional Rental Income: $1760

Airbnb ROI: -0.24%

Traditional ROI: 3.42%

6782 White Pine Drive

Canadian Lakes, MI

2 beds | 1 baths | 912 sq.ft.

$228,644

Airbnb cash on cash: 0.39%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $1006

Traditional Rental Income: $1075

Airbnb ROI: 0.39%

Traditional ROI: 2.35%

9341 Center Lane

Canadian Lakes, MI

2 beds | 1 baths | 1,463 sq.ft.

$265,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $1006

Traditional Rental Income: $1762

Airbnb ROI: -0.13%

Traditional ROI: 4.32%

7896 Bay Meadow

Canadian Lakes, MI

4 beds | 3 baths | 2,415 sq.ft.

$875,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $1505

Traditional Rental Income: $2971

Airbnb ROI: -0.96%

Traditional ROI: 1.38%

7709 Lakeview Drive

Canadian Lakes, MI

3 beds | 2 baths | 1,334 sq.ft.

$239,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $1118

Traditional Rental Income: $1797

Airbnb ROI: 0.47%

Traditional ROI: 5.14%

11417 Pinecrest Drive

Canadian Lakes, MI

3 beds | 3 baths | 2,210 sq.ft.

$599,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $1118

Traditional Rental Income: $3123

Airbnb ROI: -0.42%