Lakeroad, Dollard-Des Ormeaux - July 2026 Real Estate Report

Lakeroad, DDO: Your Home Is Worth More Than The City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Lakeroad, here's what's actually happening. The market is taking a breather - but it's not falling apart. Depending on whether you own a house or a condo, the story is a little different, so let's break it down for us locals.

Houses: Solid Ground With a Slight Dip

The average HonestDoor Price for a house in Lakeroad sits at $949,424 right now. That's down 1.46% from last period - a small pullback, not a crash. Think of it as the market catching its breath after a strong run. The predicted market value is actually tracking a bit higher at $963,606, and that number is creeping up past the 3-month moving average of $956,737. So the short-term direction is still pointing upward.

• Average HonestDoor Price: $949,424 (down 1.46%)
• Predicted Market Value: $963,606
• 3-Month Moving Average: $956,737
• Price Per Square Foot: $381
• Estimated Monthly Rent: $3,896
• Rental Yield: 4.93%
• Recent Value Change: +0.69%

On the neighbourhood leaderboard, Lakeroad houses rank 3 out of 8 in Dollard-Des Ormeaux for growth - that puts us in above-average territory. For price, we rank 6 out of 6, meaning Lakeroad is one of the most affordable entry points for houses in DDO. That combination - affordable price with above-average growth - is exactly what buyers are hunting for right now.

Compared to neighbours, Fairview houses are predicted at $1,007,439 and West Park comes in at $834,878. We sit right in the middle - not the cheapest, not the priciest. That's a comfortable spot to be in a shifting market.

Condos: Holding Steady With a Tiny Wobble

Condo owners, your HonestDoor Price is $477,052 - up 0.17% from last period. Tiny gain, but a gain. The predicted value of $476,239 is just slightly below the 3-month moving average of $477,182, which tells us the condo side is essentially flat right now. Not exciting, but not alarming either.

• Average HonestDoor Price: $477,052 (up 0.17%)
• Predicted Market Value: $476,239
• 3-Month Moving Average: $477,182
• Estimated Monthly Rent: $2,406
• Rental Yield: 3.88%
• Recent Value Change: -0.13%
• Airbnb Rank in DDO: 3rd

On the condo leaderboard, Lakeroad ranks 2 out of 4 in DDO for growth - again, above average. And compared to nearby Pierrefonds Roxboro at $390,382, we're sitting noticeably higher. If you own a condo here, you're in a stronger position than you might think.

The Secret Sauce: Stop Waiting for Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from the past. The city looks at sale data from a fixed reference date and locks that number in for years. By the time it lands in your mailbox, the market has already moved on.

The HonestDoor Price is different. It updates in real time using actual market signals - recent sales, price trends, neighbourhood comparisons. For a Lakeroad house owner, that means the difference between a stale government number and a live figure closer to $949,424 or even $963,606. That gap can represent tens of thousands of dollars in equity you didn't know you had - or a negotiating position you're leaving on the table.

Check your HonestDoor Price now. Don't wait for a piece of mail to tell you what your home is worth.

The So What - Thinking About Selling This Summer?

Summer is when buyers are motivated and inventory moves. Here's what the numbers are telling us for Lakeroad right now.

• Houses are above average in growth rank for DDO - buyers looking in this city will land on Lakeroad in their search.
• Lakeroad is the most affordable house market in DDO by price rank - that draws in buyers who got priced out of Fairview.
• Predicted values are trending up from the 3-month average on the house side - momentum is with sellers, not against them.
• Rental demand is real - $3,896 per month estimated rent means buyers who can't quite afford to buy yet are watching this neighbourhood closely.
• Condo values are flat but stable - if you're a condo owner thinking of listing, you're not in a race against a falling market. Price it right and it moves.

The short version: if you own a house in Lakeroad and you've been on the fence about selling, this summer is not a bad time to test the water. The market isn't on fire, but it's not cold either. Get your HonestDoor Price, compare it to what you paid, and have a real conversation about what your next move looks like.

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.