Skip to content
The Precon Market
Updated

New homes in Waterloo

Freehold detached homes, townhomes and semis

New freehold low-rise in Waterloo currently runs roughly $623,000 to $954,000 across detached homes, townhomes and semis. Supply is moderate. Active builders include Mattamy Homes, Cook Homes, Activa Group. The Ontario HST rebate window closes March 31, 2027 on the signing date.

Featured in Waterloo

2
  • Activa Group

    Renderings to come

    Ladyslipper Place at Vista Hills

    Activa Group

    Ladyslipper Place at Vista Hills is a detached community by Activa Group at 259 Sweet Gale Street in Vista Hills, Waterloo. Freehold homes from 3,166 to 3,195 sq ft priced $1,121,900 to $1,160,900 across 2 floor plans. Launched February 18th, 2026.

    $1122k – $1161kPre-Construction / Developer Selling
  • Rendering of Laurel Creek in Waterloo, Ontario

    Laurel Creek

    Mattamy Homes

    Laurel Creek is a detached, townhome community by Mattamy Homes at 556, 560 & 576 Conservation Drive in Conservation Drive, Waterloo. Freehold homes from 1,342 to 2,712 sq ft priced $623,000 to $953,973 across 50 floor plans. Launched September 27th, 2026.

    $623k – $954kPre-Construction / Launching Soon

What’s being built in Waterloo

Waterloo’s new supply is smaller than Kitchener’s and tends to be detached rather than towns, priced between roughly $620,000 and $950,000. The two universities and the tech sector underpin demand, including rental demand.

Communities that have launched or are actively selling here include:

  • Laurel Creek (Mattamy)
  • West Haven Homes (Cook Homes)

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 Waterloo: Mattamy Homes, Cook Homes, Activa 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 $623,000 to $954,000, and that band decides your rebate position. Here is the arithmetic at both ends.

At $623,000 At $954,000
Ontario ENHR (no first-time buyer test) $49,840 $76,320
Federal rebate (first-time buyers only) $31,150 $47,700

At the entry end, a home at $623,000 sits below $1,000,000, which means the full 8% Ontario rebate, $49,840, plus the full 5% federal rebate for a first-time buyer. This is the most favourable band in the whole structure.

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

Waterloo 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

ION light rail, Kitchener GO line, and Highway 85 to the 401.

VIP accessBook a call