Covering a vast area of approximately 1,905.92 square kilometers, Temagami is characterized by dense forests, numerous lakes, and rugged terrain. As of the 2021 Census, the population stood at 802 residents, reflecting a population density of about 0.4 individuals per square kilometer. The median age in Temagami is 53.5 years, indicating a mature community.

The region holds profound cultural importance for the Temagami First Nation, primarily comprising Anishinaabe (Ojibwe) people residing on Bear Island. This area, known as n’Daki Menan, has been their ancestral homeland for generations. The community is rich in natural beauty and offers numerous opportunities for recreation and business ventures.

The real estate landscape in Temagami is diverse, offering properties ranging from modest single-family homes to expansive waterfront estates. As of recent listings, property prices vary significantly based on location, size, and amenities. For instance, a three-bedroom, two-bathroom waterfront home is listed at $990,000, while other properties, such as vacant waterfront land, are available at $199,000.  The median asking price for homes in Temagami has seen fluctuations, with a noted decrease of approximately 28.03% since March of the previous year.

The local economy is predominantly supported by tourism, forestry, and mining sectors. Temagami’s extensive network of canoe routes, old-growth forests, and proximity to provincial parks make it a haven for outdoor enthusiasts, thereby bolstering the tourism industry. Additionally, the area’s rich mineral deposits have historically attracted mining operations, contributing to the local economy.

Temagami is accessible via Highway 11, which connects the community to major centers such as North Bay and Toronto. While the Ontario Northland Railway’s Northlander passenger service, which included a stop in Temagami, was discontinued in 2012, discussions about reinstating such services have been ongoing. Currently, Ontario Northland operates intercity motor coach services that serve Temagami along the North Bay–Hearst route.

Residents and visitors of Temagami have access to various amenities, including:​

• Recreational Facilities: The area boasts numerous trails, campsites, and water-based activities, catering to both residents and tourists.​

• Educational Institutions: Local schools provide education from primary through secondary levels, with additional resources available for post-secondary pursuits.​

• Healthcare Services: While Temagami offers basic healthcare facilities, more comprehensive medical services are accessible in nearby larger communities such as North Bay.

Temagami presents a unique blend of cultural heritage, natural beauty, and economic opportunities. Its real estate market reflects this diversity, offering potential homeowners a range of options in a community that values its rich history and environmental significance.​