| Lake Toxaway | |
| Settlement Type: | Unincorporated community |
| Pushpin Map: | USA North Carolina |
| Pushpin Map Caption: | Location within the state of North Carolina |
| Subdivision Type: | Country |
| Subdivision Name: | United States |
| Subdivision Type1: | State |
| Subdivision Name1: | North Carolina |
| Subdivision Type2: | County |
| Subdivision Name2: | Transylvania |
| Unit Pref: | Imperial |
| Population As Of: | 2000 |
| Population Density Km2: | auto |
| Timezone: | Eastern (EST) |
| Utc Offset: | -5 |
| Timezone Dst: | EDT |
| Utc Offset Dst: | -4 |
| Elevation Ft: | 2979 |
| Coordinates: | 35.1322°N -82.9339°W |
| Postal Code Type: | ZIP code |
| Postal Code: | 28747 |
| Blank Name: | FIPS code |
| Blank1 Name: | GNIS feature ID |
| Blank1 Info: | 1021081 |
Lake Toxaway is an unincorporated community in western Transylvania County, North Carolina on U.S. Route 64, and North Carolina Highway 281.
The E. M. Backus Lodge, known as Canaan Land, was listed on the National Register of Historic Places in 1988.