If you've been glancing at your property tax assessment and wondering if it still reflects reality, the short answer is: probably not. Here's the real picture for Cataraqui River East homeowners right now.
The market here is taking a breather, but it's not falling apart. Houses and condos are telling two slightly different stories, so let's break it down.
The average sale price for houses sits at $769,900, and listings are coming in around $779,900 this month. Homes are moving in about 13 days on average, which is genuinely fast - that's a days-on-market rank of 2 out of 8 compared to similar Kingston neighbourhoods. When something is priced right here, it doesn't sit.
Buyers are paying about 98.72% of list price, which means we're in stable buyers' market territory. You're not leaving a ton of money on the table, but you're also not getting into bidding war chaos. Price per square foot is holding at $507.
That 5.31% rental yield is worth paying attention to. For anyone holding a house here as an investment, that's a strong return. The average rental estimate of $3,130 per month backs that up.
Condos in Cataraqui River East are a different story. The HonestDoor Price averages $424,712, down a small 0.28% from the previous period. But here's the interesting part - the predicted market value of $425,922 is actually trending up against the 3-month moving average of $419,533. So while the headline number dipped slightly, the direction of travel is quietly improving.
The condo rental yield of 3.98% is moderate - not a home run, but not a reason to panic either. Compared to nearby neighbourhoods, condo prices in Inner Harbour run significantly higher at $792,140, so Cataraqui River East condos are still a more accessible entry point into the Kingston market.
Your city assessment is a snapshot frozen in time. It gets updated on a schedule that has nothing to do with what's actually happening on your street this month. The HonestDoor Price is a live, real-world check - it pulls from current sales data and adjusts as the market moves.
Right now, the HonestDoor Price for houses in Cataraqui River East is $671,436. The predicted market value for houses is $672,856. Those two numbers are telling a consistent story, and that story is more current than anything your tax bill reflects. If you're making a financial decision - refinancing, selling, or just figuring out your net worth - the HonestDoor Price is the number to use, not a government figure that could be a year or more out of date.
Here's the honest take. If you own a house in Cataraqui River East and you're thinking about listing this summer, the conditions are workable. Homes are selling in under two weeks on average. Buyers are paying close to full price. You're sitting in a neighbourhood that ranks 14 out of 44 in Kingston for growth - that's a legitimate selling point.
The slight dip in HonestDoor Price - down 0.21% - is not a red flag. It's a small correction in a market that ran hard. The predicted value sitting at $672,856 versus a 3-month average of $681,186 tells us the market is cooling just a touch, so waiting for a big price spike this summer probably isn't the play.
If you're a condo owner, the picture is a bit more patient. Growth ranks 28 out of 44 here for condos. Not the top of the leaderboard. But with values ticking up 1.54% recently and the predicted value climbing past the 3-month average, the trend is at least pointing in the right direction.
Bottom line - if your plan is to sell, price it sharp, lean into that fast days-on-market stat, and check your HonestDoor Price before you have a single conversation with an agent. That number is your starting point for everything.
cataraqui river east | kingston | september 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.