DetachedOn market 119 days

1028 South Tooke Lake Rd #2, Lake of Bays

Name: 1028 South Tooke Lake Road, Unit 2
SKU: X13490694
Price: 523000 CAD
Availability: InStock

Lake of Bays, ON · · MLS® X13490694Updated June 25, 2026

$523,000Est. $2,569/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 700–1100sq ft
Parking spaces: 3

Type Detached
Lot 25.995 acres
Basement None

What you should know

1028 South Tooke Lake Rd #2 is a 3-bedroom, 1-bathroom detached home in Lake of Bays, listed for $523,000. It has 700-1100 sq ft of living space.

Unlock the potential of this waterfront property on the tranquil shores of Tooke Lake in scenic Muskoka.
This lot offers a unique opportunity to create a dream cottage or home in one of Ontario's most coveted destinations.
Spanning .63 acres, this property boasts an impressive 200 feet of sandy shoreline, making it an ideal foundation for a serene lakeside retreat.

Ask Zara:

3 Bed, 1 Bath Detached Home in Lake of Bays

Unit 2 at 1028 South Tooke Lake Road

Unlock the potential of this waterfront property on the tranquil shores of Tooke Lake in scenic Muskoka. This lot offers a unique opportunity to create a dream cottage or home in one of Ontario's most coveted destinations. Spanning .63 acres, this property boasts an impressive 200 feet of sandy shoreline, making it an ideal foundation for a serene lakeside retreat. The elevated position provides spectacular panoramic views of Tooke Lake, ensuring your future build will be bathed in natural light and breathtaking vistas year-round. Tooke Lake is a smaller, motor-restricted lake, providing a peaceful and quiet environment, perfect for those who cherish the gentle sounds of nature and the absence of heavy boat traffic. Enjoy peaceful afternoons with minimal wake, ideal for kayaking, paddle boarding, or simply soaking in the beauty of the surroundings. Located just a short drive from the charming towns of Huntsville and Baysville, you'll have easy access to shops, restaurants, and essential amenities. Seize this opportunity to invest in this stunning lakeside location and explore the possibility of building your dream home or cottage.

3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $747 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 1028 South Tooke Lake Rd #2

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 700-1100 sq ftas stated on the listing
Parking: 3 spaces
Basement: None

Features & systems

Parking & garage

Parking spaces: 3

Interior

Basement: None

Lot & land

Lot size (sqft): 0.63

Listing & possession

Property style: Bungalow
Property class: Detached

1028 South Tooke Lake Rd #2 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Jun 25, 2026For saleListedThis listingMLS® X13490694$523,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1028 South Tooke Lake Rd #2 Compares to the Lake of Bays Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 78 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Lake of Bays market, last 90 days

Median sold price: $762,500
Average sold price: $1,138,158
Average days on market: 61
Homes sold: 64

Closed sales on the TRREB MLS®.

Full Lake of Bays market report

Recently sold nearby in Lake of Bays

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 2 — 1028 South Tooke Lake Road 3 bd · 1 ba · 700 sqft	$523,000asking	$747	—	—
1067 Osborne Pt Road 4 bd · 2 ba · 1,500 sqft
1100 Old Hwy 117 Highway 2 bd · 1 ba · 700 sqft
1065 Pine Lane 3 bd · 2 ba · 1,500 sqft
1162 Osborne Point Road 5 bd · 4 ba · 3,000 sqft
84 BIGWIN ISLAND N/A 5 bd · 5 ba · 3,500 sqft
1003 Kelly Road 2 bd · 2 ba · 1,500 sqft

1067 Osborne Pt Road
4 bd · 2 ba · 1,500 sqft
1100 Old Hwy 117 Highway
2 bd · 1 ba · 700 sqft
1065 Pine Lane
3 bd · 2 ba · 1,500 sqft
1162 Osborne Point Road
5 bd · 4 ba · 3,000 sqft
84 BIGWIN ISLAND N/A
5 bd · 5 ba · 3,500 sqft
1003 Kelly Road
2 bd · 2 ba · 1,500 sqft

Living in Lake of Bays: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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From 1028 South Tooke Lake Rd #2. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1028 South Tooke Lake Rd #2

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,569; 20% down · 25 years · 5.5% assumed
Property tax: $288; 0.66% mill rate · ON
Total per month: $2,857; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,569

/mo

based on the purchase price of $523,000

Down payment20%

$104,600 cash

Amortization25 yr

$418,400 financed

Rate5.50%

$352,403 total interest

Principal54%$418,400

Interest46%$352,403

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: Harvey Kalles Real Estate Ltd., BrokerageMLS® X13490694 · Listing data last updated June 25, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Jun 24· $747/sq ft

Estimated monthly mortgage$2,569/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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