Lemoine Point, Kingston - October 2026 Real Estate Report
Lemoine Point Real Estate Update: Solid Houses, Shaky Condos - Here Is Where Things Stand
The Vibe Right Now
If you have been watching the "For Sale" signs around Lemoine Point lately, here is the honest picture. The market is taking a breather on the house side, and the condo side is having a rougher go of it. These two property types are telling very different stories right now, and which one you own matters a lot for what you do next.
Houses: Steady, But Softening a Touch
The average HonestDoor Price for a house in Lemoine Point sits at $680,411. That is down 1.81% from the previous period, and the predicted market value of $692,981 is also slipping below the 3-month moving average of $704,624. So yes, we are seeing a gentle pullback - not a crash, just the market catching its breath.
Here is the part that should get your attention if you own a house here. The rental yield on Lemoine Point houses is sitting at 5.32%. That is a strong number. With estimated rent at $3,152 to $3,210 per month, the income case for holding a house here remains real. On the neighbourhood leaderboard, houses rank 32 out of 45 Kingston neighbourhoods for growth - that puts us in the below-average tier, but we are far from the bottom.
- Average HonestDoor Price (Houses): $680,411
- Recent price change: -1.81%
- Predicted market value: $692,981
- 3-month moving average: $704,624
- Average rental estimate: $3,152/month
- Rental yield: 5.32%
- Airbnb estimate: $156/night
- Growth rank: 32 out of 45 Kingston neighbourhoods
For context, our neighbours in Reddendale are sitting at an average house price of $1,159,522 - that is a completely different price bracket. Henderson comes in at $590,820 and Mile Square at $604,192, which means Lemoine Point houses are priced above both of those nearby options. We are not the cheapest, and we are not Reddendale money either. We sit in a reasonable middle ground.
Condos: This One Needs a Straight Answer
We are not going to sugarcoat this. The condo picture in Lemoine Point is the one to watch carefully. The average HonestDoor Price is $259,083, which is actually up 5.08% from the previous period - that sounds good on the surface. But the predicted market value has dropped to $246,567, and the 3-month moving average is $386,761. That gap is significant and points to a sharp recent correction.
The rental yield on condos comes in at 4.25%, which is moderate. Rent estimates sit around $1,405 per month. On the neighbourhood leaderboard, Lemoine Point condos rank 42 out of 44 Kingston neighbourhoods for growth. That puts us near the very bottom of the pack right now.
- Average HonestDoor Price (Condos): $259,083
- Recent price change: +5.08%
- Predicted market value: $246,567
- 3-month moving average: $386,761
- Average rental estimate: $1,405/month
- Rental yield: 4.25%
- Airbnb estimate: $70/night
- Growth rank: 42 out of 44 Kingston neighbourhoods
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your city assessment - it is a snapshot from the past. The Municipal Property Assessment Corporation updates values on a cycle that can lag real market conditions by years. In a market that is moving as quickly as Lemoine Point condos are right now, that old number on your tax bill could be wildly off from what a buyer would actually pay you today.
The HonestDoor Price pulls from real-time sales data and current market signals. It is the real-world check against a static government number. If you are a condo owner in Lemoine Point and you are still looking at your MPAC assessment to gauge your wealth, you could be working with a number that no longer reflects reality - in either direction. Check your HonestDoor Price now, not when you are already mid-negotiation.
The So What - Thinking About Selling This Summer?
If you own a house in Lemoine Point and you are thinking about listing this summer, the window is open but it is not getting wider. Prices are drifting down slightly and the 3-month trend confirms that. Listing sooner rather than later gives you the best shot at catching buyers before any further softening. The strong rental yield of 5.32% also means buyers with investment intentions will look at your property seriously - that is a real selling point to highlight.
If you own a condo, the honest advice is to get a current HonestDoor Price estimate before you make any decisions. The gap between the 3-month average and the current predicted value is too large to ignore. Know exactly where you stand before you set a list price, because pricing it wrong in this segment right now will cost you time and money.
Either way, the smartest move any Lemoine Point homeowner can make right now is to stop guessing and start with a current, data-backed number. That is exactly what the HonestDoor Price is built to give you.
lemoine point | 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.