Island Lake is a lake in northeastern Manitoba in Canada, near the Ontario border. The lake covers a total area of , making it the 6th largest lake in the province. The lake is in the Hayes River drainage basin. The Island Lake River flows north from the northwest section of the lake into Gods Lake via Goose Lake and Beaver Lake. Gods Lake drains north through Gods River into the Hayes River.

Island Lake is a small community in east central Manitoba, Canada.