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    Collins Bay Penitentiary, Kingston - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Kingston, Collins Bay Penitentiary

    Collins Bay Penitentiary, Kingston: Your Neighbours Are Watching the Numbers. Are You?

    The Vibe Right Now

    If you've been watching the "For Sale" signs around Collins Bay Penitentiary lately, here's what's actually happening. The market is taking a breather on paper, but the forward-looking numbers tell a more interesting story. We're sitting in a spot where current averages are dipping, but predicted values are climbing - and that gap matters a lot if you're thinking about your next move.

    Houses: The Dip Is Not the Whole Story

    The average HonestDoor Price for a house here is $415,740 - down 4.21% from the previous period. That sounds like bad news. It isn't the full picture. The predicted market value for houses is $434,027, and that number is trending up from a 3-month moving average of $428,240. In plain terms, the market is recovering momentum right now.

    • Average HonestDoor Price: $415,740 (down 4.21%)
    • Predicted Market Value: $434,027 (rising)
    • 3-Month Moving Average: $428,240
    • Average Rental Estimate: $2,163 per month
    • Predicted Rent: $2,246 per month
    • Rental Yield: 5.76% - that is a strong return
    • Recent Value Change: 4.62%
    • Growth Rank: 5 out of 44 neighbourhoods in Kingston

    That growth rank is the number we should all be talking about. Out of 44 comparable neighbourhoods tracked in Kingston, houses here rank 5th for growth. That puts us in the top tier of the city's neighbourhood leaderboard. Nearby areas like Fairway Hills ($820,077) and Auden Park ($643,852) carry higher price tags, but growth rank is where Collins Bay Penitentiary punches above its weight.

    Condos: The Comeback Is Real

    Condos took a harder hit on the surface - the average HonestDoor Price sits at $267,710, down 8.00%. But again, the predicted value tells a different story. The forward number is $290,987, up sharply from a 3-month moving average of $274,800. That is a meaningful gap, and it signals the condo market here is bouncing back with some energy behind it.

    • Average HonestDoor Price: $267,710 (down 8.00%)
    • Predicted Market Value: $290,987 (rising)
    • 3-Month Moving Average: $274,800
    • Average Rental Estimate: $1,447 per month
    • Predicted Rent: $1,565 per month
    • Rental Yield: 4.21% - moderate but steady
    • Recent Value Change: 14.63%
    • Growth Rank: 7 out of 44 neighbourhoods in Kingston

    A 14.63% recent value change and a growth rank of 7 out of 44 in Kingston - condos here are quietly one of the better-performing property types in the city right now. If you own a condo in Collins Bay Penitentiary, that is not a number to ignore.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here is the thing about your city assessment - it is a snapshot from the past. It does not know what the market did last month, last quarter, or even last year in real time. The HonestDoor Price is updated continuously, pulling in actual market signals to give you a real-world check on what your property is worth today.

    With houses predicted at $434,027 and condos at $290,987 - both above their current HonestDoor averages - there is a real argument that the city's static assessment is already behind the curve. If you are making any financial decision based on your home's value right now, your HonestDoor Price is the number to start with, not the one on your tax bill.

    The "So What?" - Thinking About Selling This Summer?

    Summer is when buyers come out. Here is what the data says for anyone in Collins Bay Penitentiary weighing a sale right now.

    • House values are recovering - the predicted value of $434,027 is ahead of the current average, which means pricing momentum is working in a seller's favour.
    • Condo values are moving fast - a 14.63% recent change is the kind of shift that creates a real window of opportunity before the market recalibrates.
    • Top-5 and top-7 growth rankings in Kingston mean buyers doing their homework will find this neighbourhood on their radar.
    • Strong rental yields (5.76% for houses) mean investors are looking here too - which adds buyer competition, not just end-users.

    The short version - if you have been sitting on the fence, the data right now leans toward acting before the predicted values become the new normal. Check your HonestDoor Price first. Know your number before you talk to anyone.

    collins bay penitentiary | kingston | july 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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