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
7970 Island Court Canadian Lakes, MI Stunning Waterfront in Canadian Lakes - This is the one you have been waiting for, don't w...	4 beds \| 3 baths \| 2,249 sq.ft.	$939,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 0.84% Airbnb Rental Income: $2118 Traditional Rental Income: $2234 Airbnb ROI: 0.09% Traditional ROI: 0.84%
7848 Bay Meadow Canadian Lakes, MI Spectacular peninsula setting with 125 feet of prime lake frontage on the all-sports water...	3 beds \| 2 baths \| 1,431 sq.ft.	$679,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.71% Airbnb Rental Income: $1551 Traditional Rental Income: $2305 Airbnb ROI: -0.19% Traditional ROI: 1.71%
9551 Clubhouse Drive W Canadian Lakes, MI Unique setting with unmatched views and recreation! This beautiful Canadian Lakes home sit...	3 beds \| 3 baths \| 1,453 sq.ft.	$349,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 4.03% Airbnb Rental Income: $1551 Traditional Rental Income: $2034 Airbnb ROI: 1.19% Traditional ROI: 4.03%
11328 Old Pierce Road Canadian Lakes, MI Welcome to Canadian Lakes! This exceptional ranch-style home offers one of the area's most...	3 beds \| 1 baths \| 1,300 sq.ft.	$359,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 1.04% Airbnb Rental Income: $1551 Traditional Rental Income: $1256 Airbnb ROI: 0.58% Traditional ROI: 1.04%
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.	$265,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.91% Airbnb Rental Income: $1551 Traditional Rental Income: $1760 Airbnb ROI: 1.29% Traditional ROI: 3.91%
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.	$219,844	Airbnb cash on cash: 1.05% Traditional cash on cash: 2.48% Airbnb Rental Income: $1158 Traditional Rental Income: $1075 Airbnb ROI: 1.05% Traditional ROI: 2.48%
11520 N Lookout Ridge Canadian Lakes, MI Welcome to your ultimate waterfront retreat! Nestled on over half an acre of pristine prop...	3 beds \| 2 baths \| 2,562 sq.ft.	$525,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.94% Airbnb Rental Income: $1551 Traditional Rental Income: $2937 Airbnb ROI: 0.21% Traditional ROI: 3.94%
7597 Sunset Shores Drive Canadian Lakes, MI Discover your perfect retirement retreat in the desirable 55+ Sunset Shores community of C...	3 beds \| 2 baths \| 1,568 sq.ft.	$160,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.67% Airbnb Rental Income: $1551 Traditional Rental Income: $2023 Airbnb ROI: -0.35% Traditional ROI: 5.67%
11320 Alpine Road Canadian Lakes, MI Exceptional Lake of the Clouds Waterfront property with 55 ft of sandy beach frontage incl...	4 beds \| 2 baths \| 1,668 sq.ft.	$549,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 2.6% Airbnb Rental Income: $2118 Traditional Rental Income: $2558 Airbnb ROI: 0.69% Traditional ROI: 2.6%
8150 Carriage Lane Canadian Lakes, MI Welcome to the Canadian Lakes lifestyle! This beautifully maintained 3-bedroom, 2-bath ran...	3 beds \| 2 baths \| 1,570 sq.ft.	$285,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 7.59% Airbnb Rental Income: $1551 Traditional Rental Income: $2716 Airbnb ROI: 1.58% Traditional ROI: 7.59%
11310 E Royal Road Canadian Lakes, MI Location, Privacy, this home has it all! Enjoy Canadian Lakes living in this beautifully u...	3 beds \| 2 baths \| 924 sq.ft.	$309,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 3.77% Airbnb Rental Income: $1551 Traditional Rental Income: $1865 Airbnb ROI: 1.15% Traditional ROI: 3.77%
7896 Bay Meadow Canadian Lakes, MI CANADIAN LAKES, LAKE AND GOLF COMMUNITY. Experience one of the most unique settings in Can...	4 beds \| 3 baths \| 2,415 sq.ft.	$825,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 1.52% Airbnb Rental Income: $2118 Traditional Rental Income: $2971 Airbnb ROI: -0.29% Traditional ROI: 1.52%
8385 Alberta Street Canadian Lakes, MI Trade traffic for golf carts. Trade stress for sunsets. Welcome to the Canadian Lakes life...	3 beds \| 2 baths \| 1,424 sq.ft.	$399,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.08% Airbnb Rental Income: $1551 Traditional Rental Income: $1971 Airbnb ROI: -0.23% Traditional ROI: 2.08%
8104 Tanglewood Trail #191 Canadian Lakes, MI Ideally located in the Canadian Lakes Resort is this beautiful chalet style home, offering...	4 beds \| 3 baths \| 1,769 sq.ft.	$259,900	Airbnb cash on cash: 3.82% Traditional cash on cash: 7.35% Airbnb Rental Income: $2118 Traditional Rental Income: $2441 Airbnb ROI: 3.82% Traditional ROI: 7.35%
6908 Club House Drive E Canadian Lakes, MI Spectacular water views from an incredible front porch is now available! Wow! Don't miss y...	4 beds \| 3 baths \| 2,802 sq.ft.	$494,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 2.81% Airbnb Rental Income: $2118 Traditional Rental Income: $2428 Airbnb ROI: 0.97% Traditional ROI: 2.81%
9362 Clubhouse Drive W Canadian Lakes, MI Tucked into a peaceful wooded setting, 9362 Clubhouse offers the ideal Northern Michigan e...	3 beds \| 3 baths \| 1,591 sq.ft.	$355,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.91% Airbnb Rental Income: $1551 Traditional Rental Income: $2692 Airbnb ROI: 1.14% Traditional ROI: 5.91%
10905 1st Street Canadian Lakes, MI Turnkey and fully furnished, this charming Canadian Lakes chalet is ready for you to start...	3 beds \| 1 baths \| 1,260 sq.ft.	$239,999	Airbnb cash on cash: 0.89% Traditional cash on cash: 3.62% Airbnb Rental Income: $1551 Traditional Rental Income: $1724 Airbnb ROI: 0.89% Traditional ROI: 3.62%
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.	$379,500	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.41% Airbnb Rental Income: $2118 Traditional Rental Income: $2811 Airbnb ROI: 1.94% Traditional ROI: 5.41%
6265 Kilkenny Drive Canadian Lakes, MI To Be Built New Construction in the highly sought-after Canadian Lakes community! Photo is...	3 beds \| 2 baths \| 1,500 sq.ft.	$445,000	Airbnb cash on cash: -0.3% Traditional cash on cash: -1.45% Airbnb Rental Income: $1551 Traditional Rental Income: $626 Airbnb ROI: -0.3% Traditional ROI: -1.45%
7788 W Royal Road Canadian Lakes, MI Waterfront home in Canadian Lakes! This updated 3 bedroom, 2.5 bath property offers beauti...	4 beds \| 3 baths \| 1,785 sq.ft.	$529,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.62% Airbnb Rental Income: $2118 Traditional Rental Income: $2901 Airbnb ROI: 0.94% Traditional ROI: 3.62%
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: -0.3% Traditional cash on cash: 1.97% Airbnb Rental Income: $1551 Traditional Rental Income: $2793 Airbnb ROI: -0.3% Traditional ROI: 1.97%
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.	$719,900	Airbnb cash on cash: -1.81% Traditional cash on cash: 1.14% Airbnb Rental Income: $1158 Traditional Rental Income: $2760 Airbnb ROI: -1.81% Traditional ROI: 1.14%
8917 Longview Drive Canadian Lakes, MI New Updates! Brand-new Kitchen Flooring, New Deck, and a New Roof (September 2025), provid...	3 beds \| 3 baths \| 1,624 sq.ft.	$399,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.07% Airbnb Rental Income: $1551 Traditional Rental Income: $2126 Airbnb ROI: 0.34% Traditional ROI: 3.07%
9654 Aberdeen Court Canadian Lakes, MI *MOTIVATED SELLER!* Seated on a cul-de-sac overlooking St. Ives Golf Club, this except...	4 beds \| 3 baths \| 3,200 sq.ft.	$749,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.91% Airbnb Rental Income: $2118 Traditional Rental Income: $3249 Airbnb ROI: 0.51% Traditional ROI: 2.91%
9980 Sunset Drive Canadian Lakes, MI Discover incredible potential in this solid, custom-built home that offers over 2,500 squa...	3 beds \| 2 baths \| 2,503 sq.ft.	$469,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.49% Airbnb Rental Income: $1551 Traditional Rental Income: $2913 Airbnb ROI: 0.37% Traditional ROI: 4.49%
8980 Canyon Springs Court Canadian Lakes, MI Spacious and inviting Channel waterfront home in the heart of Canadian Lakes! This 5-bedro...	5 beds \| 3 baths \| 2,025 sq.ft.	$539,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.95% Airbnb Rental Income: $2321 Traditional Rental Income: $3248 Airbnb ROI: 0.97% Traditional ROI: 3.95%
9482 Stonebridge Canadian Lakes, MI St Ives custom-built home overlooking the 17th fairway and green is the location for this ...	5 beds \| 5 baths \| 3,176 sq.ft.	$679,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.93% Airbnb Rental Income: $2321 Traditional Rental Income: $3068 Airbnb ROI: 0.84% Traditional ROI: 2.93%
9265 Golf Port Drive Canadian Lakes, MI Welcome to this exceptional Ranch-style home in desirable Canadian Lakes, perfectly situat...	3 beds \| 2 baths \| 1,820 sq.ft.	$299,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 5.13% Airbnb Rental Income: $1551 Traditional Rental Income: $2100 Airbnb ROI: 1.6% Traditional ROI: 5.13%
10582 Trapper Lane Canadian Lakes, MI Welcome to Trapper Woods Condominiums, a charming and peaceful retreat nestled in a quaint...	2 beds \| 2 baths \| 1,570 sq.ft.	$279,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.89% Airbnb Rental Income: $1158 Traditional Rental Income: $1692 Airbnb ROI: -0.58% Traditional ROI: 2.89%
10035 Hawthorne Lane Canadian Lakes, MI Move-in ready and impeccably maintained, this charming 3 bedroom, 2 bath home offers comfo...	3 beds \| 2 baths \| 1,875 sq.ft.	$299,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 7.32% Airbnb Rental Income: $1551 Traditional Rental Income: $2697 Airbnb ROI: 1.67% Traditional ROI: 7.32%
10372 Mountain View Trail Canadian Lakes, MI Welcome to this classic ranch-style home in Canadian Lakes! Surrounded by beautiful wooded...	4 beds \| 3 baths \| 2,934 sq.ft.	$399,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 5.48% Airbnb Rental Income: $2118 Traditional Rental Income: $2853 Airbnb ROI: 2.07% Traditional ROI: 5.48%
10231 Mountain View Trail Canadian Lakes, MI Nestled among the towering hardwoods of Canadian Lakes, this custom-built log home offers ...	2 beds \| 3 baths \| 1,927 sq.ft.	$375,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.51% Airbnb Rental Income: $1158 Traditional Rental Income: $1953 Airbnb ROI: 0.16% Traditional ROI: 3.51%
6805 Mayfair Drive Canadian Lakes, MI Welcome to this beautifully crafted brand-new home, perfectly positioned on the 10th hole ...	3 beds \| 2 baths \| 1,457 sq.ft.	$429,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.31% Airbnb Rental Income: $1551 Traditional Rental Income: $2020 Airbnb ROI: 1.03% Traditional ROI: 3.31%
8510 125th Avenue Canadian Lakes, MI Rare opportunities like this don't come along often! Nestled on a very rare 2-acre corner ...	4 beds \| 3 baths \| 2,852 sq.ft.	$599,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 0.93% Airbnb Rental Income: $2118 Traditional Rental Income: $1438 Airbnb ROI: 1.18% Traditional ROI: 0.93%

Real Estate investment in Canadian-lakes, MI

There are 37 properties for sale in the city of Canadian Lakes . The median list price in Canadian Lakes is $345,943 and the average price per square foot is $182. In July 2026, the average monthly cash on cash return in Canadian Lakes is 3.00%. The average monthly rental income in Canadian Lakes is $2,428.

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

There are 37 investment properties available for sale in Canadian-lakes.

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

The ROI for Long-Term is higher than the Short-Term in Canadian-lakes with average rental income of $2,428.

Your search for investment property begins and ends here

Investment Property for Sale in Canadian Lakes, MI

7970 Island Court

Canadian Lakes, MI

4 beds | 3 baths | 2,249 sq.ft.

$939,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 0.84%

Airbnb Rental Income: $2118

Traditional Rental Income: $2234

Airbnb ROI: 0.09%

Traditional ROI: 0.84%

7848 Bay Meadow

Canadian Lakes, MI

3 beds | 2 baths | 1,431 sq.ft.

$679,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $1551

Traditional Rental Income: $2305

Airbnb ROI: -0.19%

Traditional ROI: 1.71%

9551 Clubhouse Drive W

Canadian Lakes, MI

3 beds | 3 baths | 1,453 sq.ft.

$349,900

Airbnb cash on cash: 1.19%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $1551

Traditional Rental Income: $2034

Airbnb ROI: 1.19%

Traditional ROI: 4.03%

11328 Old Pierce Road

Canadian Lakes, MI

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

$359,900

Airbnb cash on cash: 0.58%

Traditional cash on cash: 1.04%

Airbnb Rental Income: $1551

Traditional Rental Income: $1256

Airbnb ROI: 0.58%

Traditional ROI: 1.04%

9530 Golf Port Drive

Canadian Lakes, MI

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

$265,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $1551

Traditional Rental Income: $1760

Airbnb ROI: 1.29%

Traditional ROI: 3.91%

6782 White Pine Drive

Canadian Lakes, MI

2 beds | 1 baths | 912 sq.ft.

$219,844

Airbnb cash on cash: 1.05%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1158

Traditional Rental Income: $1075

Airbnb ROI: 1.05%

Traditional ROI: 2.48%

11520 N Lookout Ridge

Canadian Lakes, MI

3 beds | 2 baths | 2,562 sq.ft.

$525,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1551

Traditional Rental Income: $2937

Airbnb ROI: 0.21%

Traditional ROI: 3.94%

7597 Sunset Shores Drive

Canadian Lakes, MI

3 beds | 2 baths | 1,568 sq.ft.

$160,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1551

Traditional Rental Income: $2023

Airbnb ROI: -0.35%