1040 Walker Lake Drive
Lake of Bays, ON
- 8 bed
- 9 bath
- approx. 5000 + sqft
- Detached
- 50 days on market
A rare opportunity to own one of Muskoka's most unique waterfront compounds. Set on approx. 14 acres with over 700 feet of pristine shoreline, Walker Lake offers an exceptional blend of privacy, recreation, and flexibility. Whether envisioned as a multi-generational family retreat, corporate getaway, waterfront estate, or hospitality venture, the possibilities are as expansive as the property itself. At the heart of the property is the extensively renovated Main Lodge, offering generous gathering spaces, comfortable accommodations, and beautiful views of the lake. Six additional guest cottages are thoughtfully positioned throughout the property, creating ample space for family, friends, or guests while maintaining a sense of privacy and connection to nature. The waterfront experience is exceptional, featuring a sand beach, deep water, multiple docks, and all-day sun with spectacular sunset views. Three docks provide opportunities for both social gatherings and quiet lakeside escapes. Canoeing, kayaking, paddleboarding, and swimming are all enjoyed right from the shoreline. Years of thoughtful improvements have enhanced the property's comfort, functionality, and long-term appeal while preserving the timeless Muskoka character that makes it so special. Extensive renovations throughout the Main Lodge and cottages allow the next owner to begin enjoying the property immediately. Walker Lake is currently home to an established seasonal resort operation, providing the opportunity to generate income while enjoying the property as a private family compound. Additional information about the resort can be found at WalkerLakeResort.com. Ideally located within easy reach of Huntsville, Algonquin Provincial Park, Arrowhead Provincial Park, golf courses, ski hill, and countless recreational amenities, Walker Lake offers a rare opportunity to create a legacy property where family and friends can gather, reconnect, and build traditions for generations to come.
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Listing Details
- Taxes (2025)
- $13,241
- Listed
- July 17, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Concrete, Stone
- Interior
- Accessory Apartment, Guest Accommodations, Propane Tank, Water Heater, Water Treatment
- Lot Size
- 720 x 313 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 22
Utilities
- Water
- Lake/River, Sediment Filter, Water System
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Hwy 60 & Limberlost Road
- Zoning
- WRC, WRC-B
- Parcel Number
- 480730426
- Possession
- Other
- Occupancy
- Owner+Tenant
Included
- Inclusions
- Detailed list to be provided by Sellers
- Exclusions
- Detailed list to be provided Sellers
- Rental Items
- Hot Water Tank, Propane Tank
Waterfront
- Water Body
- Walker Lake
- Shoreline
- Clean, Shallow, Deep
- Docking
- Private
Community
Postal area P1H
- Population
- 18,099
- Private dwellings
- 10,316
- Median age
- 51.2
- Average household size
- 2.3
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Lake of Bays · last 12 months
- Median sold price
- $829,000
- Homes sold
- 107
- Median days on market
- 35
- Sale-to-list price
- 93.5%
Based on 107 recorded sales of residential freehold properties in Lake of Bays over the last 12 months.
Rooms
4 × 4-piece, 3-piece, 4 × 2-piece
Second
- Bathroom7'9" x 9'6"
- Bathroom12'7" x 7'5"
- Bathroom12'7" x 7'3"
- Bathroom6'2" x 6'2"
- Bathroom10'6" x 12'6"
- Bedroom8'4" x 11'8"
- Bedroom11'3" x 10'8"
- Bedroom10'8" x 11'8"
- Bedroom18'8" x 11'7"
- Bedroom13'3" x 8'11"
- Bedroom12'7" x 11'7"
- Foyer8'6" x 8'11"
- Kitchen10' x 11'11"
- Kitchen10'5" x 15'11"
- Laundry12'7" x 5'7"
- Other12'7" x 5'5"
- Other10'3" x 9'8"
- Other10'3" x 15'9"
- Other3'5" x 26'7"
- Other12'6" x 5'4"
- Primary Bedroom16'4" x 13'
- Recreation20'1" x 16'8"
- Sitting16'4" x 30'10"
Main
- Bathroom4'9" x 3'7"
- Bathroom5'11" x 3'7"
- Dining Room11'2" x 15'11"
- Dining Room11'3" x 15'1"
- Family Room15'9" x 28'8"
- Foyer7'9" x 9'7"
- Kitchen19'6" x 19'11"
- Laundry8'6" x 11'2"
- Living Room29'7" x 29'11"
- Office13'9" x 8'11"
- Office14'2" x 18'8"
- Other11'3" x 13'7"
- Other13'9" x 14'1"
- Other9'7" x 9'5"
- Other14'8" x 11'1"
- Other6'3" x 10'10"
Listed by
Forest Hill Real Estate Inc.
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Location
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Mortgage Calculator
$920,000
Estimated Monthly Payment
$22,598
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $22,598/mo (20% down, 5.5%)
Taxes: $1,103/mo · Insurance: $1,150/mo
Estimates only. Consult a financial advisor.
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