Collins Bay Penitentiary, Kingston - August 2026 Real Estate Report

Collins Bay Penitentiary, Kingston: Prices Are Sliding - Here Is What You Need to Know Right Now

The Vibe on the Ground

If you own a home in Collins Bay Penitentiary and you have been feeling like the market is a bit quiet lately, you are not imagining it. Values are dipping, and the numbers back that up. This is not a panic situation, but it is definitely a "pay attention" moment for anyone thinking about their next move.

Houses vs. Condos - Breaking It Down for Us

On the house side, the average HonestDoor Price is sitting at $410,360, down 1.29% from the previous period. The predicted market value comes in at $415,740, but here is the part that matters - that number is already sliding below the 3-month moving average of $421,543. A drop of 4.21% recently puts houses at rank 42 out of 44 neighbourhoods in Kingston for growth. That is near the bottom of the leaderboard, plain and simple.

• Average HonestDoor Price (Houses): $410,360
• Predicted Market Value: $415,740
• 3-Month Moving Average: $421,543
• Recent Value Change: -4.21%
• Growth Rank in Kingston: 42 out of 44
• Average Rental Estimate: $2,140 per month
• Rental Yield: 5.80%
• Airbnb Estimate: $107 per night

Condos are taking an even harder hit. The average HonestDoor Price is $259,432, down 3.09%. The predicted value of $267,710 is also trending below the 3-month moving average of $270,847. The recent value change of -8.00% is a real number that deserves attention. On the neighbourhood leaderboard, condos here rank 43 out of 44 in Kingston - second from the bottom.

• Average HonestDoor Price (Condos): $259,432
• Predicted Market Value: $267,710
• 3-Month Moving Average: $270,847
• Recent Value Change: -8.00%
• Growth Rank in Kingston: 43 out of 44
• Average Rental Estimate: $1,404 per month
• Rental Yield: 4.24%
• Airbnb Estimate: $70 per night

One bright spot worth noting - if you own a house here and are open to renting, a 5.80% rental yield is genuinely solid. That is real monthly income while you wait for the market to find its footing again.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know that values in Collins Bay Penitentiary have been dipping over the last few months. It does not track the 3-month moving average. It is basically a photo from a year or two ago being used to describe what your home looks like today.

The HonestDoor Price is updated in real time. It is pulling in current market signals, not last year's data. Right now, with values moving downward, your tax assessment could actually be overstating what your home is worth on today's market. That gap between the old assessment and the real-world HonestDoor Price is exactly the kind of information you need before making any decision - whether that is selling, refinancing, or just knowing where you stand.

Nearby neighbourhoods like Fairway Hills (average HonestDoor Price of $804,901 for houses) and Auden Park ($627,257) are priced significantly higher. That context matters. It tells you where Collins Bay Penitentiary sits in the Kingston pecking order right now.

The So What - Thinking About Selling This Summer?

If selling is on your radar for this summer, the honest advice is this - do not wait and hope the numbers bounce back on their own. With houses ranking 42 out of 44 and condos at 43 out of 44 on Kingston's growth leaderboard, this neighbourhood is taking a breather while others are holding steadier.

That does not mean you cannot sell well. It means you need to price sharp and price accurately from day one. An overpriced listing in a softening market sits. A well-priced listing based on your real HonestDoor Price moves.

Check your HonestDoor Price today - not your old assessment, not a guess. Get the real number, understand the gap, and make your summer decision with clear eyes. That is the move.

This 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.