Hillcrest Village, North York - August 2026 Real Estate Report

Hillcrest Village, North York: What Your Home Is Actually Worth Right Now

If you've been glancing at your property tax assessment and feeling pretty good about yourself, hold on. The real numbers tell a more interesting story - and depending on whether you own a house or a condo here, your next move looks very different.

The Vibe: Houses vs. Condos in Hillcrest Village

Let's break down what's actually happening on our streets right now.

Houses

• Average HonestDoor Price: $1,193,467 - up 1.74% from the previous period
• Predicted market value: $1,173,008
• 3-month moving average: $1,183,234 - and we're currently sitting below it
• Recent price change: -0.49%
• Estimated rent: $4,725 per month
• Rental yield: 4.50%
• Airbnb potential: $235 per night
• Growth rank: 20 out of 33 North York neighbourhoods

Houses here are taking a bit of a breather. That -0.49% recent dip and a predicted value sliding below the 3-month average tells us the market isn't charging forward right now. A rank of 20 out of 33 puts us in below-average growth territory for North York - not a crisis, but not a victory lap either. The good news? At $1,193,467, we're still holding our own against neighbours like Don Valley Village ($1,213,301) and comfortably ahead of Pleasant View ($1,067,725) and Bayview Woods Steeles ($1,164,900).

Condos

• Average HonestDoor Price: $775,944 - up 4.51% from the previous period
• Predicted market value: $742,471
• 3-month moving average: $770,604 - and we're sitting below it
• Recent price change: -2.49%
• Estimated rent: $3,529 per month
• Rental yield: 3.36%
• Airbnb potential: $175 per night
• Airbnb rank in North York: 4th
• Growth rank: 23 out of 33 North York neighbourhoods

Condos are the more complicated picture. That 4.51% bump in the HonestDoor Price sounds great - but the predicted value of $742,471 is sitting well below the 3-month moving average of $770,604, and that -2.49% recent change is a real number worth watching. On the growth leaderboard, 23 out of 33 is below average. That said, our condo Airbnb rank of 4th in all of North York is genuinely strong. If you own a condo here and you're not thinking about short-term rental income, that's a conversation worth having.

One thing worth noting: Hillcrest Village condos are priced well above every comparable neighbour. Don Valley Village sits at $608,216, Pleasant View at $503,283, and Bayview Woods Steeles at $747,561. We're the most expensive condo market in our immediate area - which cuts both ways depending on what you're trying to do.

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

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened on your street last month, or what buyers are actually offering right now. The HonestDoor Price is a live, real-world check on what your property is worth today, not what a government office calculated based on older data.

For Hillcrest Village homeowners, this gap matters right now. House values are showing a small recent dip while condos are seeing bigger short-term softness. If you're making any financial decision - refinancing, selling, even just understanding your net worth - using a static assessment is like navigating with an old map. Your HonestDoor Price updates with the market. Your tax assessment does not.

The So What - Thinking About Selling This Summer?

If you own a house in Hillcrest Village and you're thinking about listing this summer, the window is real but it isn't wide open. Values are slightly off their recent peak, and sitting at rank 20 of 33 for growth means this market isn't going to carry you on momentum alone. Pricing sharp and presenting well matters more than it did two years ago. The $1.19M average is still a strong number - just don't expect the market to do all the heavy lifting for you.

If you own a condo, the short-term price movement of -2.49% is a signal to pay attention to. Waiting for a bounce is a gamble. The rental story is solid at $3,529 per month, and that top-5 Airbnb ranking in North York gives you options if selling doesn't feel right. But if you do want to sell, sooner is probably smarter than later while the HonestDoor Price is still sitting at $775,944.

Bottom line: check your HonestDoor Price today, compare it to what your neighbours are listed at, and make a decision based on real numbers - not last year's assessment notice sitting in a drawer somewhere.

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.