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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

    • 8 beds
    Lake of Bays real estate›X13578400
    • 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 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.

    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 —X13581114View
    Jul 17, 2026ListedCurrentFor sale$4,600,000 —X13578400This 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

      5
      Heating
      Baseboard
      Air conditioning
      None
      Fireplaces
      5
      Water source
    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
    What's nearby

    Points of interest classified by the MLS® feed.

    • Clear View
    • Level
    • School Bus Route
    • Waterfront
    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 X13578400). 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. 9 baths
  2. 5000 + sqft
  3. Detached
  4. 10-24.99 ac lot
  5. Asking
    $4,600,000
    $920 / sqft · MLS® X13578400
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $2,055,583
    $1,891,137Confidence range$2,220,030
    Asking vs estimate
    ↑↑well-above
    +$2,544,417
    (+123.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 8 bedrooms (no sqft on file).

    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 own one of Muskoka's most unique waterfront compounds.
    • 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.
    Ask Zara a follow-up
    Other
    Sewer
    Septic
  7. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    2
    Parking spaces
    22
    Driveway
    20
  8. Interior

    7
    Basement
    Unfinished
    Family room
    Y
    Kitchens
    3
    Total rooms
    39
    Laundry level
    Upper Level
    Elevator
    N
    Accessibility
    N
  9. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Asphalt Shingle
    Foundation
    Concrete, Stone
    View
    Beach, Forest, Garden, Lake, Panoramic, Trees/Woods
    Waterfront
    Y
    Pool
    None
  10. Lot & land

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

    4
    Possession
    2026-10-01T00:00:00.000-00:00
    Occupancy
    Speak to LA
    Property style
    2-Storey
    Property class
    Detached
  12. Room-by-room · 44 rooms

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

    Room dimensions

    Main level

    20 rooms
    • Other
      11.3 × 13.6 ft
    • Other
    • Office
      13.8 × 8.9 ft
    • Family Room
      29.6 × 30.0 ft
    • Other
      13.7 × 14.1 ft
    • Office
      14.2 × 18.7 ft
    • Laundry
      8.5 × 11.2 ft
    • Other
      1.5 × 10.8 ft
    • Foyer
      7.7 × 9.6 ft
    • Other
      9.6 × 9.4 ft
    • Kitchen
      19.5 × 19.9 ft
    • Living Room
      15.7 × 28.6 ft
    • Dining Room
      11.2 × 15.9 ft
    • Bathroom
      4.8 × 3.6 ft
    • Bathroom
      5.9 × 3.6 ft
    • Bathroom
      4.8 × 3.6 ft
    • Other
      14.7 × 11.1 ft
    • Bathroom
      5.9 × 3.6 ft
    • Dining Room
      11.3 × 15.1 ft
    • Other
      6.3 × 10.8 ft

    Second level

    24 rooms
    • Other
      Walk-In Closet(s)
      12.6 × 5.4 ft
    • Laundry
      12.6 × 5.6 ft
    • Kitchen
      10.0 × 11.9 ft
    • Bedroom
      8.3 × 11.7 ft
    • Kitchen
      10.4 × 15.9 ft
    • Bathroom
      7.7 × 9.5 ft
    • Sitting
      16.3 × 30.9 ft
    • 19.7 × 4.7 ft
    • Bedroom
      11.3 × 10.7 ft
    • Bedroom
      10.7 × 11.7 ft
    • Other
      Walk-In Closet(s)
      10.3 × 9.6 ft
    • Bathroom
      12.6 × 7.4 ft
    • Bathroom
      12.6 × 7.3 ft
    • Primary Bedroom
      16.3 × 13.0 ft
    • Bedroom
      18.6 × 11.6 ft
    • Bedroom
      13.2 × 8.9 ft
    • Other
      10.3 × 15.7 ft
    • Other
      3.4 × 26.6 ft
    • Other
      12.5 × 5.3 ft
    • Bathroom
      6.1 × 6.2 ft
    • Recreation
      20.1 × 16.7 ft
    • Bathroom
      10.5 × 12.5 ft
    • Bedroom
      12.6 × 11.6 ft
    • Foyer
      8.5 × 8.9 ft
  13. Wooded/Treed
  14. 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.

    Comparable detacheds that just sold in Lake of Bays

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 1023 SCOTTS BOATHOUSE Road
      Sold
      Sign in for price
      1023 SCOTTS BOATHOUSE Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1040 Walker Lake DriveThis home8 / 95,000$4,600,000ask$920——
    1023 SCOTTS BOATHOUSE Road10 / 43,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    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.

  15. One team, no handoffs

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

  16. Showings on YOUR schedule

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

  17. Mortgage that closes

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

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

    1040 Walker Lake Drive is a 8-bedroom, 9-bath, 5000 + sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. 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.

  20. 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.

  21. 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.

  22. 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.

  23. 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.

  24. 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.