Cottage of the Week: $12 million for a modern Muskoka Lakes mansion on a private island

The History: Built in 2014, this 8,500-square-foot cottage sits on its own private, 11-acre island. The builders didn’t stint on imported luxuries: the home has tile from Italy and Spain and smart toilets brought in from Japan.

Big Selling Point: Aside from the fact that it comes with an entire island, the massive cottage has a 1,200-square-foot spa with a Finnish dry sauna, Turkish steam room, a resistance swimming pool and a cold-plunge pool with handmade heated marble benches.

Possible Deal Breaker: To the average buyer, the price tag may seem steep—but it works out to just over a million an acre, which isn’t totally crazy by cottage country standards.

By the Numbers:

• $11,800,000 • 8,500 square feet • 2,756 feet of water frontage • 1,200-square-foot spa • 11 acres of land • 10 parking spots • 6 bedrooms • 6 bathrooms • 3 wood-burning fireplaces • 2 fridges • 2 cooktops (1 induction and 1 gas) • 2-bedroom guest house • 1 Finnish dry sauna • 1 Turkish steam room • 1 resistance swimming pool • 1 cold-plunge pool • 1 hot tub • 1 year old