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The Precon Market
Updated

New homes in Wasaga Beach

Freehold detached homes, townhomes and semis

New freehold low-rise in Wasaga Beach currently runs roughly $434,000 to $1,074,000 across detached homes, townhomes and semis. Supply is strong. Active builders include Stonebridge Building Group, Fernbrook Homes, Zancor Homes. The Ontario HST rebate window closes March 31, 2027 on the signing date.

Featured in Wasaga Beach

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  • Rendering of Kingfisher Cove in Wasaga Beach, Ontario

    Kingfisher Cove

    Stonebridge Building Group

    Kingfisher Cove is a townhome community by Stonebridge Building Group at Stonebridge Boulevard in Stonebridge, Wasaga Beach. Freehold homes from 1,837 to 1,874 sq ft priced $702,566 to $718,496 across 3 floor plans. Launched October 25th, 2026.

    $703k – $718kUnder Construction / Developer Selling
  • Rendering of Southbay at River's Edge in Wasaga Beach, Ontario

    Southbay at River's Edge

    Fernbrook Homes · Zancor Homes

    Southbay at River's Edge is a detached community by Fernbrook Homes and Zancor Homes at Sunnidale Road South & Sun Valley Avenue in River's Edge, Wasaga Beach. Freehold homes from 1,564 to 3,098 sq ft priced $809,000 to $979,000 across 9 floor plans. Launched March 7th, 2026.

    $809k – $979kUnder Construction / Developer Selling
  • Rendering of The Breakers in Wasaga Beach, Ontario

    The Breakers

    Stonebridge Building Group

    The Breakers is a townhome community by Stonebridge Building Group at 14 First Street North in Wasaga Beach, Wasaga Beach. Freehold homes from 1,516 to 2,153 sq ft priced $795,000 to $1,073,900 across 6 floor plans. Launched October 23rd, 2026.

    $795k – $1074kDeveloper Selling & Platinum Access

What’s being built in Wasaga Beach

Wasaga Beach has had an active run of new townhome and detached releases, with pricing largely between $430,000 and $1,070,000, entirely within the full Ontario rebate band. As with Collingwood, a share of demand is recreational, which changes the rebate position.

Communities that have launched or are actively selling here include:

  • The Breakers (Stonebridge)
  • Kingfisher Cove (Stonebridge)
  • Southbay at River’s Edge (Fernbrook/Zancor)
  • Sunnidale (RedBerry)

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 Wasaga Beach: Stonebridge Building Group, Fernbrook Homes, Zancor Homes, RedBerry Homes, Sterling Group.

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 $434,000 to $1,074,000, and that band decides your rebate position. Here is the arithmetic at both ends.

At $434,000 At $1,074,000
Ontario ENHR (no first-time buyer test) $34,720 $80,000
Federal rebate (first-time buyers only) $21,700 $42,600

At the entry end, a home at $434,000 sits below $1,000,000, which means the full 8% Ontario rebate, $34,720, 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.

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

Wasaga Beach 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

Highways 26 and 400, a long drive to the GTA, so this is primarily a local and recreational market.

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