Diamond Lake Waterfront Real Estate Guide
A clear-water lake in Herschel Township, about 20 minutes west of Bancroft, known for sandy shoreline and rock cliffs.
About Diamond Lake
Diamond Lake is located in Herschel Township, about 20 minutes west of Bancroft. With roughly 74 properties around the lake and 60% of its shoreline still Crown land, it strikes a balance between an established cottage community and a good amount of undeveloped shoreline.
The lake is known for crystal-clear water, sandy shorelines in several spots, and rock cliffs along parts of the shoreline popular for jumping and diving.
Fishing
Diamond Lake holds lake trout as well as largemouth and smallmouth bass, giving it both a cold-water and warm-water fishery in a lake of a manageable size.
Fish Species
Access & Amenities
A public beach and public boat launch serve the lake, along with year-round road access.
Nearby
About 20 minutes to Bancroft for full services, with Baptiste Lake's marina also nearby.
Diamond Lake FAQs
How far is Diamond Lake from Bancroft?
About 20 minutes west of Bancroft in Herschel Township — an easy drive for supplies while keeping that away-from-it-all feel.
Does Diamond Lake have public access?
Yes — a public beach and public boat launch serve the lake, along with year-round road access.
Is Diamond Lake good for swimming?
Very. The lake is known for crystal-clear water, sandy shorelines in several spots, and rock cliffs along parts of the shore that are popular for jumping and diving.
How many cottages are on Diamond Lake?
Roughly 74 properties, with about 60% of the shoreline still Crown land — an established cottage community balanced with plenty of undeveloped shoreline.
What fish are in Diamond Lake?
Lake trout, largemouth bass, and smallmouth bass. The clear, deep water suits the trout particularly well.
Selling Your Cottage on Diamond Lake
Thinking of selling your cottage on Diamond Lake? Diamond Lake is a clear-water lake about 20 minutes west of Bancroft, known for sandy shoreline and rock cliffs, with roughly 74 properties around it. Here’s what sellers on Diamond Lake usually ask.
How do I sell my cottage on Diamond Lake?
Call or text me at 905-809-3608. I’ll walk the property, give you a straight, no-obligation opinion of value, and handle the photos, MLS listing and marketing.
What is my cottage on Diamond Lake worth?
It depends on frontage, road access vs water access, condition and season. I’ll give you a free opinion of value based on what’s actually sold on the lake — not a guess.
When is the best time to sell a cottage on Diamond Lake?
Spring brings the most buyers. But four-season cottages sell all winter, with less competition — and winter buyers tend to be serious buyers.
Can I sell my cottage on Diamond Lake in the winter?
Yes, if it’s four-season. I don’t hibernate or close either. Water-access cottages are the exception — those sell best once the water’s open.
What does it cost to sell my cottage on Diamond Lake?
Nothing upfront. Commission and services are agreed when we list.
Thinking About Diamond Lake Real Estate?
Wade Kovacic has deep local knowledge of Herschel Township and the surrounding cottage country. Reach out for current listings, a free property valuation, or help finding the right waterfront fit.
Office 905-809-3608 · Mobile 905-809-3608 · Bancroft: 2 Hastings Street North