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

Lakeroad, DDO: Your Home Is Probably Worth More Than Your Tax Bill Says

If you live on a quiet street in Lakeroad and you have not checked your property value since your last city assessment, you are likely working with a stale number. Here is what is actually happening in the neighbourhood right now.

The Vibe: Houses vs. Condos in Lakeroad

We are seeing two different stories play out depending on what you own here.

Houses are taking a breather. The average HonestDoor Price sits at $949,424, down about 1.46% from the previous period. The predicted market value is $940,294, which is slipping below the 3-month moving average of $951,147. Only 1 house sold recently, so we are not exactly in a frenzy. On the neighbourhood leaderboard, Lakeroad houses rank 7 out of 8 for growth in DDO - that puts us near the bottom of the pack for appreciation right now. For price, we rank 6 out of 6, meaning Lakeroad is the most affordable option among comparable DDO neighbourhoods. That is either a warning sign or a buying opportunity, depending on which side of the deal you are on.

• Average HonestDoor Price (Houses): $949,424
• Predicted Market Value: $940,294
• 3-Month Moving Average: $951,147
• Recent Value Change: -0.97%
• Price Per Square Foot: $381
• Estimated Monthly Rent: $3,834
• Rental Yield: 4.95%
• Growth Rank: 7 out of 8 in DDO
• Price Rank: 6 out of 6 in DDO (most affordable)

For context, our neighbours in Fairview are sitting at $987,665 and West Park comes in at $815,459. We are sandwiched in the middle, leaning toward the affordable end.

Condos are a different story - and honestly a more encouraging one. The average HonestDoor Price for condos is $478,959, up 0.62% from the previous period. That is a small move, but it is moving in the right direction. The predicted value is $476,018, essentially flat against the 3-month moving average of $476,437. On the leaderboard, Lakeroad condos rank 2 out of 4 in DDO for growth - that is above average, which is worth noting.

• Average HonestDoor Price (Condos): $478,959
• Predicted Market Value: $476,018
• 3-Month Moving Average: $476,437
• Recent Value Change: -0.22%
• Estimated Monthly Rent: $2,405
• Rental Yield: 3.88%
• Airbnb Rank in DDO: 3rd
• Growth Rank: 2 out of 4 in DDO (above average)

Compared to nearby Northview at $481,488, our condos are priced almost identically. Pierrefonds Roxboro comes in cheaper at $383,580, and the broader Dollard-Des-Ormeaux area is in a completely different price tier at $766,289.

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

Here is the thing about city assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time using actual sales data and current market signals. For Lakeroad houses, that means the difference between a government assessment and your real-world value could be significant - we are talking about a predicted value of $940,294 against a recent average sale price of just $425,900 on record. Those numbers tell very different stories about what your home is actually worth today.

If you are a condo owner, the HonestDoor Price of $478,959 gives you a live read on where the market is - not where it was 18 months ago when the city last looked. That is the number a buyer's agent is going to walk in with. You should know it before they do.

The So What: Thinking About Selling This Summer?

Let us be straight with you. If you own a house in Lakeroad and you are hoping for a bidding war this summer, the data says to temper expectations a little. Values are drifting down slightly, sales volume is thin, and our growth rank is near the bottom of the DDO leaderboard right now. That does not mean do not sell - it means price it right from day one. Overpricing a slow market is the fastest way to sit on a listing all summer.

If you own a condo, the picture is a bit brighter. You are holding an asset that is growing above average for the area, renting at roughly $2,405 a month with a 3.88% yield, and sitting at a price point that attracts a wider pool of buyers than the house market does. Summer could be a reasonable window.

Either way, the first move is simple - pull your HonestDoor Price at honestdoor.com and see where you actually stand. Do not walk into a listing conversation armed with a number from two years ago. Know your number now.

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.