Collins Bay Penitentiary, Kingston - October 2026 Real Estate Report
Collins Bay Penitentiary, Kingston: What Your Home Is Actually Worth Right Now
The Vibe on the Ground
If you own property in Collins Bay Penitentiary and you haven't checked your HonestDoor Price lately, now is the time. The market here is doing two very different things depending on what you own - and the gap between houses and condos tells an interesting story.
Houses: Solid Base, But Watch the Trend
The average HonestDoor Price for a house here sits at $398,611 - up 1.08% from the previous period. That sounds fine on the surface. But dig a little deeper and the 3-month moving average tells a more honest story. The predicted value has dipped to $394,344, down from a $406,815 moving average. That's a -3.90% recent change. The market for houses in Collins Bay Penitentiary is taking a breather.
- Average HonestDoor Price (Houses): $398,611
- Predicted Market Value: $394,344
- 3-Month Moving Average: $406,815
- Recent Value Change: -3.90%
- Estimated Monthly Rent: $2,066
- Rental Yield: 5.84% - that is a strong return
- Airbnb Estimate: $102 per month
- Neighbourhood Growth Rank: 41 out of 45 in Kingston
That growth rank is the number to pay attention to. On the Kingston neighbourhood leaderboard, houses here rank 41 out of 45. That puts us near the bottom of the pack. Compare that to nearby Fairway Hills at $838,828 or Auden Park at $609,491 and you can see we are priced well below our neighbours. The silver lining? That rental yield of 5.84% is genuinely strong. If you are holding this property as an investment, the rent math works in your favour.
Condos: A Different Story
Condos here are actually holding up better than you might expect. The average HonestDoor Price jumped 8.68% to $281,697. The predicted value sits at $259,206 against a 3-month moving average of $262,116 - a much smaller gap than we see with houses. The recent value change is just -0.09%. Basically flat.
- Average HonestDoor Price (Condos): $281,697
- Predicted Market Value: $259,206
- 3-Month Moving Average: $262,116
- Recent Value Change: -0.09%
- Estimated Monthly Rent: $1,402
- Rental Yield: 4.25% - moderate but steady
- Airbnb Estimate: $71 per month
- Neighbourhood Growth Rank: 19 out of 44 in Kingston
On the condo leaderboard, we rank 19 out of 44 Kingston neighbourhoods. That puts us in above-average territory - a genuinely better position than our house market. Condo owners here are also priced above nearby Auden Park ($244,777) and well above Henderson ($181,571). Fairway Hills is the outlier at $527,855, but for mid-range condo value, Collins Bay Penitentiary holds its own.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city tax assessment - it is a snapshot from the past. It does not update in real time and it does not care that your house's 3-month moving average just shifted by over $12,000. The HonestDoor Price is a live, data-driven estimate of what your property is worth right now - not what a government office decided it was worth a year or two ago.
For house owners in Collins Bay Penitentiary, that gap between the assessment and the HonestDoor Price could mean you are making decisions - about selling, refinancing, or renovating - based on stale numbers. Check your HonestDoor Price. It is the real-world check your assessment cannot give you.
The So What - Should You Sell This Summer?
If you own a house here and you are thinking about listing this summer, the honest answer is: do not wait for the market to come back to you. The trend is moving down, the growth rank is near the bottom of Kingston, and nearby neighbourhoods are priced significantly higher. That price gap can work against you if buyers start comparing listings across the city.
If you own a condo, the picture is more encouraging. Values are nearly flat, the growth rank is above average, and the 8.68% HonestDoor Price increase shows real momentum. Condo owners have a stronger hand to play this summer than house owners do right now.
Either way - house or condo - the smartest first move is knowing your actual number. Pull your HonestDoor Price today, compare it to what your neighbours are listed at, and make your decision from there. That is how you sell smart, not just fast.
collins bay penitentiary | kingston | october 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.