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1040 Walker Lake Drive

1040 Walker Lake Drive

Lake of Bays, ON

  • 8 bed
  • 9 bath
  • 7,013 sqft
  • Investment
  • 55 days on market
$4,600,000

A rare opportunity to acquire one of Muskoka's most distinctive waterfront commercial resort properties. Set on approximately 14 acres with over 700 feet of pristine shoreline, Walker Lake Resort combines an established resort operation with the flexibility to serve as a private family compound, corporate retreat, or boutique hospitality destination. The property is anchored by an extensively renovated Main Lodge and complemented by six well-maintained guest cottages, providing a variety of accommodation options for owners, guests, or visitors. Years of thoughtful improvements throughout the property have enhanced its comfort, functionality, and long-term appeal while preserving the relaxed Muskoka character that returning guests have come to appreciate. Walker Lake Resort has built a loyal following over the years, welcoming many repeat visitors who return to enjoy its sand beach, exceptional swimming, multiple docks, canoeing, kayaking, paddleboarding, motorized raft and spectacular sunset views. The established seasonal operation provides an opportunity to generate revenue while offering remarkable flexibility for future ownership. Continue operating as a resort, create an exclusive corporate retreat, establish a private family estate with optional rental income, or explore new hospitality opportunities. Ideally located within easy reach of Huntsville, Algonquin Provincial Park, Arrowhead Provincial Park, Hidden Valley Highlands Ski Area, golf courses, and countless year-round recreational amenities, the property is exceptionally positioned to attract both seasonal guests and private owners alike. Whether your vision is to continue the legacy of Walker Lake Resort or create something entirely your own, opportunities of this scale, quality, and flexibility are increasingly rare in Muskoka. For additional information about the property, visit WalkerLakeResort.com and reach out to the listing agents for a Comprehensive Property Information package.

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Listing Details

Taxes (2025)
$13,241
Listed
July 17, 2026

Price History

Listing history

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Property

Lot Size
720 x 313 Feet

Parking

Garage
Double Detached

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 by Sellers
Rental Items
Hot water tank, Propane Tank

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

Commercial in Lake of Bays · last 12 months

Median sold price
$828,500
Homes sold
108
Median days on market
35
Sale-to-list price
93.5%

Based on 108 recorded sales of commercial properties in Lake of Bays over the last 12 months.

Rooms

9 × washrooms

Second

  • Bathroom12'7" x 7'3"
  • Bathroom10'6" x 12'6"
  • Bathroom6'2" x 6'2"
  • Bathroom12'7" x 7'5"
  • Bathroom7'9" x 9'6"
  • Bedroom11'3" x 10'8"
  • Bedroom10'8" x 11'8"
  • Bedroom13'3" x 8'11"
  • Bedroom12'7" x 11'7"
  • Bedroom18'8" x 11'7"
  • Bedroom8'4" x 11'8"
  • Foyer8'6" x 8'11"
  • Kitchen10' x 11'11"
  • Kitchen10'5" x 15'11"
  • Laundry12'7" x 5'7"
  • Other12'6" x 5'4"
  • Other12'7" x 5'5"
  • Other10'3" x 9'8"
  • Other10'3" x 15'9"
  • Other3'5" x 26'7"
  • Primary Bedroom16'4" x 13'
  • Recreation20'1" x 16'8"
  • Sitting16'4" x 30'10"

Main

  • Bathroom5'11" x 3'7"
  • Bathroom4'9" x 3'7"
  • Dining Room11'2" x 15'11"
  • Dining Room11'3" x 15'1"
  • Family Room
  • Foyer7'9" x 9'7"
  • Kitchen19'6" x 19'11"
  • Laundry8'6" x 11'2"
  • Living Room15'9" x 28'8"
  • Office14'2" x 18'8"
  • Office13'9" x 8'11"
  • Other14'8" x 11'1"
  • Other13'9" x 14'1"
  • Other9'7" x 9'5"
  • Other11'3" x 13'7"
  • Other6'3" x 10'10"

Listed by

Forest Hill Real Estate Inc.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
7,013 sq ft
Price per sq ft
$655.92
Annual property tax
$13,241
Tax per sq ft
$1.89

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The property is anchored by an extensively renovated Main Lodge and complemented by six well-maintained guest cottages, providing a variety of accommodation options for owners, guests, or visitors.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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