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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 7 days

    1040 Walker Lake Drive

    Sinclair·Lake of Bays, ON·P1H 2J6·Near Hwy 60 & Limberlost Road

    • 9 baths
    Lake of Bays real estate›X13581114
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 17, 2026Previously listedNew$4,600,000 —X13578400View
    Jul 17, 2026ListedCurrentFor sale$4,600,000 —X13581114This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Baseboard
      Air conditioning
      No
      Water source
      Other
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 1040 Walker Lake Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $22,598
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,103
    0.29% mill rate · ON
    The market

    How this home sits in the Lake of Bays market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Lake of Bays market right now

    Average sold price, days on market, and closed-transaction count for Lake of Bays — sourced from MLS®.

    • Avg sold price
      $1,081,886
      Last 30 days
    • Median sold price
      $900,000
      Middle of the market
    • Days on market
      40 d
      Avg from list to close
    • Closed last 30d
      35
      MLS® transactions
    Full Lake of Bays market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1040 Walker Lake Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1040 Walker Lake Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 1040 Walker Lake Drive listed for?

      1040 Walker Lake Drive is listed at $4,600,000 on the MLS® (listing X13581114). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1040 Walker Lake Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 7013 sqft
  2. Investment
  3. Asking
    $4,600,000
    $656 / sqft · MLS® X13581114
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,081,886
    $995,335Confidence range$1,168,437
    Asking vs estimate
    ↑↑well-above
    +$3,518,114
    (+325.2%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Lake of Bays sell in about 40 days — this one has been listed 7 days.

    Avg sold price
    $1,081,886
    Median sold
    $900,000
    Avg days on market
    40
    Recently sold
    35
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • A rare opportunity to acquire one of Muskoka's most distinctive waterfront commercial resort properties.
    • 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.
    Ask Zara a follow-up
    Septic
  5. Parking & garage

    3
    Garage
    Double Detached
    Parking spaces
    20
    Driveway
    20
  6. Interior

    1
    Kitchens
    3
  7. Exterior & construction

    1
    Waterfront
    Y
  8. Lot & land

    1
    Zoning
    WRC, WRC-B
  9. Listing & possession

    3
    Occupancy
    Speak to LA
    Property style
    Recreational
    Property class
    Investment
  10. Room-by-room · 40 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    16 rooms
    • Family Room
      29.6 × 30.0 ft
    • Foyer
      7.7 × 9.6 ft
    • Living Room
      15.7 × 28.6 ft
    • Office
      14.2 × 18.7 ft
    • Kitchen
      19.5 × 19.9 ft
    • Other
      14.7 × 11.1 ft
    • Other
      13.7 × 14.1 ft
    • Dining Room
      11.2 × 15.9 ft
    • Other
      9.6 × 9.4 ft
    • Bathroom
      5.9 × 3.6 ft
    • Office
      13.8 × 8.9 ft
    • Bathroom
      4.8 × 3.6 ft
    • Other
      11.3 × 13.6 ft
    • Other
      6.3 × 10.8 ft
    • Laundry
      8.5 × 11.2 ft
    • Dining Room
      11.3 × 15.1 ft

    Second level

    24 rooms
    • Laundry
      12.6 × 5.6 ft
    • Bedroom
      11.3 × 10.7 ft
    • Bedroom
      10.7 × 11.7 ft
    • Foyer
      8.5 × 8.9 ft
    • Kitchen
      10.0 × 11.9 ft
    • 19.7 × 4.7 ft
    • Bathroom
      12.6 × 7.3 ft
    • Other
      12.5 × 5.3 ft
    • Sitting
      16.3 × 30.9 ft
    • Bathroom
      10.5 × 12.5 ft
    • Bedroom
      13.2 × 8.9 ft
    • Bathroom
      6.1 × 6.2 ft
    • Primary Bedroom
      16.3 × 13.0 ft
    • Kitchen
      10.4 × 15.9 ft
    • Other
      Walk-In Closet(s)
      12.6 × 5.4 ft
    • Bedroom
      12.6 × 11.6 ft
    • Bedroom
      18.6 × 11.6 ft
    • Bathroom
      12.6 × 7.4 ft
    • Bedroom
      8.3 × 11.7 ft
    • Other
      Walk-In Closet(s)
      10.3 × 9.6 ft
    • Bathroom
      7.7 × 9.5 ft
    • Other
      10.3 × 15.7 ft
    • Recreation
      20.1 × 16.7 ft
    • Other
      3.4 × 26.6 ft
    Combined estimate
    $23,701
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $22,598
    /mo
    based on the purchase price of $4,600,000
    $920,000 cash
    $3,680,000 financed
    $3,099,526 total interest
    Monthly payment$22,598/ month
    Principal54%$3,680,000
    Interest46%$3,099,526

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

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More investments in Lake of Bays

    Active listings within ±20% of this asking price.

    • 1020 BIRCH GLEN Road
      $3,995,000
      1020 BIRCH GLEN Road
      Investment
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of Forest Hill Real Estate Inc. · displayed on Summitly per MLS® data-share rules

    1040 Walker Lake Drive is a 9-bath, 7013 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 1040 Walker Lake Drive built?

    The year built for 1040 Walker Lake Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 1040 Walker Lake Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1040 Walker Lake Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 1040 Walker Lake Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $4,600,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 1040 Walker Lake Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1040 Walker Lake Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 1040 Walker Lake Drive in?

    1040 Walker Lake Drive is in Sinclair, Lake of Bays. The 'Neighbourhood' section below links to the live Lake of Bays real estate hub with average sold price, days on market, and current inventory.

  20. Is Lake of Bays a good place to live?

    Lake of Bays is one of ON's actively-tracked Summitly markets. The full Lake of Bays real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.