Lake Onega Reservoir has an area of and volume of , i.e. almost the same as those of Onega Lake. Its construction raised the water level of the lake by . The lake contains a well-developed navigation system which is part of the Volga–Baltic Waterway and White Sea – Baltic Canal, connecting the basins of Baltic, Caspian and the northern seas. These canals allow water transport of goods from the lake to the countries from Germany to Iran; most traffic goes to Finland, Sweden, Germany and Denmark. The Onega Canal running along the southern shore of the lake there is not used
Lake Onega area containing the Kondopozhskaya (, depth up to ), Ilem-Gorskaya (), Lizhemskoy () and Unitskoy () bays. To the southwest of Greater Onega lies Petrozavodskoye Onego () containing the large Petrozavodsk and small Yalguba and Pinguba bays. To the east of Zaonezhye there is a bay, northern part of which is called Povenetsky Bay and the southern part is Zaonezhsky Bay. There, deep sections alternate with banks and islands which split the bay into several parts. The southernmost part of them, Lesser Onega, is deep. All the shores there are rocky. The average depth of the lake is , and