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The Precon Market
Updated

New homes in Richmond Hill

Freehold detached homes, townhomes and semis

New freehold low-rise in Richmond Hill currently runs roughly $699,000 to $2,371,000 across detached homes, townhomes and semis. Supply is strong. Active builders include CountryWide Homes, Arkfield, Sunny Communities. The Ontario HST rebate window closes March 31, 2027 on the signing date.

Featured in Richmond Hill

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  • Rendering of Bond by Sunny Communities in Richmond Hill, Ontario

    Bond by Sunny Communities

    Sunny Communities

    Bond by Sunny Communities is 111 townhomes in Oak Ridges across stacked, back-to-back and traditional formats, from $699,900. Built by Sunny Communities, it offers freehold townhome homes from 1,325 to 1,911 sq ft, priced $699,900 to $999,900. Launched September 28th, 2026.

    $700k – $1000kDeveloper Selling & Platinum Access
  • Rendering of Everpine Towns in Richmond Hill, Ontario

    Everpine Towns

    Arkfield

    Everpine Towns is 44 contemporary freehold townhomes off Yonge Street in Jefferson, with an EV charger rough-in included. Built by Arkfield, it offers freehold townhome homes from 2,020 to 2,039 sq ft, priced $899,990 to $979,990. Launched October 15th, 2026.

    $900k – $980kDeveloper Selling & Platinum Access
  • Rendering of Jefferson Reserve Homes in Richmond Hill, Ontario

    Jefferson Reserve Homes

    CountryWide Homes

    Jefferson Reserve Homes is ten 25-foot detached and semi-detached homes in Jefferson, Richmond Hill, with closings in early 2028. Built by CountryWide Homes, it offers freehold detached, semi homes from 1,771 to 2,383 sq ft, priced $1,169,990 to $1,344,990. Launched October 28th, 2026.

    $1170k – $1345kDeveloper Selling & Platinum Access
  • Rendering of Le Sentier Towns in Richmond Hill, Ontario

    Le Sentier Towns

    Rysense Development

    Le Sentier Towns is a townhome community by Rysense Development at Elgin Mills Road East & Yonge Street in Westbrook, Richmond Hill. Freehold homes from 1,711 to 2,262 sq ft priced $990,000 to $1,329,000 across 8 floor plans. Launched October 18th, 2026.

    $990k – $1329kDeveloper Selling
  • Rendering of Oakridge Meadows in Richmond Hill, Ontario

    Oakridge Meadows

    CountryWide Homes

    Oakridge Meadows is a detached, townhome community by CountryWide Homes at 10 William Logan Drive in Oak Ridges, Richmond Hill. Freehold homes from 1,618 to 3,857 sq ft priced $1,051,990 to $2,371,990 across 17 floor plans. Launched July 17th, 2026.

    $1052k – $2372kUnder Construction / Developer Selling
  • Trinity Point Developments

    Renderings to come

    Red Oaks on Bayview

    Trinity Point Developments

    Red Oaks on Bayview is a detached, townhome community by Trinity Point Developments at Bayview Avenue & Elgin Mills Road East in Devonsleigh, Richmond Hill. Freehold homes from 2,033 to 2,314 sq ft priced $989,900 to $1,099,900 across 3 floor plans. Launched April 6th, 2026.

    $990k – $1100kDeveloper Selling
  • Rendering of Rosaleen Collection at Auden Grand in Richmond Hill, Ontario

    Rosaleen Collection at Auden Grand

    Sunny Communities

    Rosaleen Collection at Auden Grand is a townhome community by Sunny Communities at Elgin Mills Road East & Bayview Avenue in Devonsleigh, Richmond Hill. Freehold homes from 3,202 to 3,330 sq ft priced $1,198,800 to $1,268,800 across 5 floor plans. Launched July 24th, 2026.

    $1199k – $1269kDeveloper Selling

What’s being built in Richmond Hill

Richmond Hill splits cleanly in two. Oak Ridges and Jefferson in the north carry most of the new detached and townhome supply, in the $900,000 to $1.4M range. South Richvale and the Yonge corridor are higher-priced and largely infill. The northern communities are where the current releases are.

Communities that have launched or are actively selling here include:

  • Jefferson Reserve Homes (CountryWide)
  • Everpine Towns (Arkfield)
  • Bond (Sunny Communities)
  • Le Sentier Towns (Rysense)
  • Oakridge Meadows (CountryWide)
  • Red Oaks on Bayview (Trinity Point)

Availability changes week to week and the best lots in any phase go early, register for access and I’ll send what’s releasing here.

Builders active in Richmond Hill: CountryWide Homes, Arkfield, Sunny Communities, Trinity Point Developments, Plaza, Rysense Development, OPUS Homes, Primont Homes.

Builder choice matters more than most buyers expect. Delivery record, reliability on closing dates and how warranty items get handled vary enormously and appear on no price list. How to assess a builder.

What the rebates are worth at local prices

New low-rise here currently runs roughly $699,000 to $2,371,000, and that band decides your rebate position. Here is the arithmetic at both ends.

At $699,000 At $2,371,000
Ontario ENHR (no first-time buyer test) $55,920 $0
Federal rebate (first-time buyers only) $34,950 $0

At the entry end, a home at $699,000 sits below $1,000,000, which means the full 8% Ontario rebate, $55,920, plus the full 5% federal rebate for a first-time buyer. This is the most favourable band in the whole structure.

The band here straddles $1,000,000, which is where the structure changes: above it the Ontario rebate stops growing and sits flat at $80,000, while the federal rebate begins tapering toward zero at $1,500,000. Two buyers in the same community can be in different places.

At the top end, $2,371,000 is at or above $1,500,000, where the federal first-time buyer rebate is zero. Watch this carefully: lot premiums and upgrades count toward your price, so a base price just under the line can cross it at the décor appointment and cost more than the upgrades were worth. The price cliffs.

Above $1,850,000 the enhanced Ontario rebate disappears entirely and you fall back to the long-standing $24,000 standard rebate. Estate product here crosses that line.

If you have owned a home before, note that the Ontario rebate still applies to you, it has no first-time buyer test, and move-up buyers routinely assume otherwise and claim nothing. Read this one.

These are illustrative maximums at the ends of the local range, not a quote. Run your own numbers.

Land transfer tax

Richmond Hill is outside the City of Toronto, so you pay Ontario land transfer tax only, with no second municipal tax. Rates and the first-time buyer refund.

Getting around

Richmond Hill GO line, Highway 404 and 407, and Viva bus rapid transit on Yonge.

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