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
7663 Bay Meadow Canadian Lakes, MI Discover your dream home in the heart of Canadian Lakes, where everyday living feels like ...	3 beds \| 3 baths \| 2,262 sq.ft.	$650,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 2.45% Airbnb Rental Income: $1239 Traditional Rental Income: $3078 Airbnb ROI: -1.24% Traditional ROI: 2.45%
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: -0.36% Traditional cash on cash: 3.3% Airbnb Rental Income: $1399 Traditional Rental Income: $3428 Airbnb ROI: -0.36% Traditional ROI: 3.3%
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: -0.1% Traditional cash on cash: 2.35% Airbnb Rental Income: $880 Traditional Rental Income: $1075 Airbnb ROI: -0.1% Traditional ROI: 2.35%
6175 Fox Run Circle Canadian Lakes, MI Welcome to this inviting 3-bedroom, 2.5-bath home located in the desirable Royal South nei...	3 beds \| 3 baths \| 1,614 sq.ft.	$335,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.85% Airbnb Rental Income: $1239 Traditional Rental Income: $2653 Airbnb ROI: 0.1% Traditional ROI: 5.85%
7896 Bay Meadow Canadian Lakes, MI Experience one of the most unique settings in Canadian Lakes. Perfectly positioned on a pr...	4 beds \| 3 baths \| 2,415 sq.ft.	$875,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 1.38% Airbnb Rental Income: $1399 Traditional Rental Income: $2971 Airbnb ROI: -1.07% Traditional ROI: 1.38%
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: -0.24% Traditional cash on cash: 3.84% Airbnb Rental Income: $1239 Traditional Rental Income: $3123 Airbnb ROI: -0.24% 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: -0.27% Traditional cash on cash: 3.53% Airbnb Rental Income: $1239 Traditional Rental Income: $1724 Airbnb ROI: -0.27% Traditional ROI: 3.53%
7988 Island Court Canadian Lakes, MI Experience lakefront living at its finest in this stunning home with 105' of sandy beach f...	4 beds \| 4 baths \| 3,550 sq.ft.	$969,990	Airbnb cash on cash: -1.13% Traditional cash on cash: 0.66% Airbnb Rental Income: $1399 Traditional Rental Income: $2595 Airbnb ROI: -1.13% Traditional ROI: 0.66%
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: 0.47% Traditional cash on cash: 3.76% Airbnb Rental Income: $1399 Traditional Rental Income: $1898 Airbnb ROI: 0.47% 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: -1.28% Traditional cash on cash: 5.24% Airbnb Rental Income: $1239 Traditional Rental Income: $1834 Airbnb ROI: -1.28% 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: 0.16% Traditional cash on cash: 4.91% Airbnb Rental Income: $1399 Traditional Rental Income: $2811 Airbnb ROI: 0.16% 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%
6270 Kilkenny Drive Canadian Lakes, MI Welcome to an exceptional Western red cedar home nestled on private Kilkenny Lake in the h...	3 beds \| 2 baths \| 1,660 sq.ft.	$379,900	Airbnb cash on cash: 0.17% Traditional cash on cash: 4.72% Airbnb Rental Income: $1239 Traditional Rental Income: $2465 Airbnb ROI: 0.17% Traditional ROI: 4.72%
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: 0.65% Traditional cash on cash: 4.71% Airbnb Rental Income: $1239 Traditional Rental Income: $2459 Airbnb ROI: 0.65% 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: -0.65% Traditional cash on cash: 1.99% Airbnb Rental Income: $1399 Traditional Rental Income: $3066 Airbnb ROI: -0.65% 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.	$499,950	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.45% Airbnb Rental Income: $1399 Traditional Rental Income: $2788 Airbnb ROI: -0.43% Traditional ROI: 3.45%
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: 0.1% Traditional cash on cash: 5.51% Airbnb Rental Income: $1239 Traditional Rental Income: $2871 Airbnb ROI: 0.1% 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.	$559,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.38% Airbnb Rental Income: $1399 Traditional Rental Income: $2901 Airbnb ROI: -0.31% Traditional ROI: 3.38%
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: -0.65% Traditional cash on cash: 1.97% Airbnb Rental Income: $1239 Traditional Rental Income: $2793 Airbnb ROI: -0.65% 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%

Real Estate investment in Canadian-lakes, MI

There are 23 properties for sale in the city of Canadian Lakes . The median list price in Canadian Lakes is $412,500 and the average price per square foot is $205. In April 2026, the average monthly cash on cash return in Canadian Lakes is 3.00%. The average monthly rental income in Canadian Lakes is $2,494.

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

There are 23 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 $1,239.

Your search for investment property begins and ends here

Investment Property for Sale in Canadian Lakes, MI

7663 Bay Meadow

Canadian Lakes, MI

3 beds | 3 baths | 2,262 sq.ft.

$650,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $1239

Traditional Rental Income: $3078

Airbnb ROI: -1.24%

Traditional ROI: 2.45%

10085 Holly Lane

Canadian Lakes, MI

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

$719,000

Airbnb cash on cash: -0.36%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $1399

Traditional Rental Income: $3428

Airbnb ROI: -0.36%

Traditional ROI: 3.3%

6782 White Pine Drive

Canadian Lakes, MI

2 beds | 1 baths | 912 sq.ft.

$228,644

Airbnb cash on cash: -0.1%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $880

Traditional Rental Income: $1075

Airbnb ROI: -0.1%

Traditional ROI: 2.35%

6175 Fox Run Circle

Canadian Lakes, MI

3 beds | 3 baths | 1,614 sq.ft.

$335,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1239

Traditional Rental Income: $2653

Airbnb ROI: 0.1%

Traditional ROI: 5.85%

7896 Bay Meadow

Canadian Lakes, MI

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

$875,000

Airbnb cash on cash: -1.07%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $1399

Traditional Rental Income: $2971

Airbnb ROI: -1.07%

Traditional ROI: 1.38%

11417 Pinecrest Drive

Canadian Lakes, MI

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

$599,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $1239

Traditional Rental Income: $3123

Airbnb ROI: -0.24%

Traditional ROI: 3.84%

10905 1st Street

Canadian Lakes, MI

3 beds | 1 baths | 1,260 sq.ft.

$245,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $1239

Traditional Rental Income: $1724

Airbnb ROI: -0.27%

Traditional ROI: 3.53%

7988 Island Court

Canadian Lakes, MI

4 beds | 4 baths | 3,550 sq.ft.

$969,990

Airbnb cash on cash: -1.13%

Traditional cash on cash: 0.66%

Airbnb Rental Income: $1399

Traditional Rental Income: $2595

Airbnb ROI: -1.13%