Fabulous sunset views over this pristine and sought after lake. Ideal Muskoka recreational residence on Walker Lake known for calm waters, and the peaceful sounds of loons calling due to the 12 km/hr boating speed limit. Known for kayaking, paddle boarding and canoeing and many of the owners have detachable party docks with a boat motor. The architecturally interesting 3 bedroom 2 bathroom mid-century design that blends rustic charm with a deep connection to nature. Expansive windows flood the interior with natural light, with lake vistas from the primary rooms and glowing wood interior. The living room boasts a massive stone fireplace reminiscent of the ski chalets of Europe with built-in wrap-around seating ideal for apres ski at Hidden Valley not far away, a day on the snowmobile trails that are close by, cross country skiing or ice fishing. The new kitchen (2025) features on trend dark green cabinets. One of the two 3 pc bathrooms is new (will be finished mid July) . New in 2025 - 2026: septic, 200 amp panel, 3 pc bathroom, dock and stairs to the dock, interior updating and front deck and railings, new wood stove onsite will be installed prior to closing, hvac roughed in, new pump and pressure tank. The cottage is insulated and requires a few items to become a year round residence. Unique opportunity to own such a high design cottage on a very desirable lake in this sought after well located area. Limberlost Forest and Reserve is just down the road and open to the public for hiking and biking. Cottage has good privacy from neighbours and street. Comes furnished and equipped on closing. Currenty used as a successful Airbnb.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $700 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1053 East Walker Lake Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
None
Lot & land
Lot size (sqft)
0.547
Listing & possession
Property style
Bungalow
Property class
Detached
1053 East Walker Lake Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,782
/mo
based on the purchase price of $769,900
$153,980 cash
$615,920 financed
$518,766 total interest
Principal54%$615,920
Interest46%$518,766
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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Similar homes for sale nearby in Lake of Bays
Other 2–5 bed homes for sale in Lake of Bays around $770K.
Average days on market61Homes sold in about 61 days on average.
Sale-to-list ratio93.5%On average, homes sold below asking.
Active listings189Homes for sale here right now.
Median vs prior 90 days−26.8%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 64 sales from Jul 24 – Oct 22, 2026 (32 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1053 East Walker Lake Dr
How much is 1053 East Walker Lake Dr listed for?
1053 East Walker Lake Dr is listed at $769,900 (MLS® X13499650). Summitly updates the price as soon as the MLS® record changes.
Is $769,900 a good price for 1053 East Walker Lake Dr?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Lake of Bays. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1053 East Walker Lake Dr changed?
Yes — it was first listed at $799,900 and is now $769,900, a drop of $30,000 (3.8%).
How many bedrooms and bathrooms does 1053 East Walker Lake Dr have?
1053 East Walker Lake Dr has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Lake of Bays.
How much would the monthly mortgage be on 1053 East Walker Lake Dr?
About $3,782 a month — principal and interest on $769,900 with 20% down ($153,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1053 East Walker Lake Dr compare with other homes in Lake of Bays?
Its asking price of $769,900 is about the same as the median sold price in Lake of Bays over the last 90 days, $762,500, across 64 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1053 East Walker Lake Dr been sold before?
Yes — Summitly has 1 earlier MLS® listing of 1053 East Walker Lake Dr on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 1053 East Walker Lake Dr?
1053 East Walker Lake Dr is in Lake of Bays, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1053 East Walker Lake Dr been on the market?
115 days — 1053 East Walker Lake Dr was listed on June 29, 2026.
What is the price per square foot of 1053 East Walker Lake Dr?
About $513 to $700 per square foot: the asking price of $769,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1053 East Walker Lake Dr have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 1053 East Walker Lake Dr have a basement, and is it finished?
The listing says 1053 East Walker Lake Dr has no basement.
