My read
Former show homes carry a specific value proposition: the builder put their best finishes in this unit to sell the neighbourhood.lly well above what a standard spec buyer got. What a buyer needs to think through here is whether the Mahogany lake access, the 2,169 sq ft above grade, and that show-home finish level justify sitting above the SE detached benchmark, which CREB reported at $700,800 for June 2026.
What I'd pay
$745,000
A buyer who factors in the show-home upgrades and the beach proximity has a reasonable case on this one. The comparable Masters Rise and Mahogany Boulevard sales I would use to anchor that conversation are licensed Pillar 9™ records — I can take you through them on a call, but they are not mine to publish.
The play
Get a copy of the RPR and any permits pulled on the deck and backyard work before you firm up, and pull the most recent comparable sales on Masters Avenue and Masters Rise from early 2026 so you're walking in with real numbers. The show-home finish and the lake proximity are the two things that separate this from a standard SE detached at the benchmark price, so your job as a buyer is to decide how much those two things are worth to your specific lifestyle.
Listing photos courtesy of the listing brokerage. View original listing on realtor.ca →
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