Markland Wood, Etobicoke - September 2026 Real Estate Report

Markland Wood Is Holding Its Own - And Then Some

If you live in Markland Wood and you haven't checked your home's value lately, you're probably sitting on more than you think. This corner of Etobicoke isn't making headlines, but the numbers are quietly telling a good story. Here's the real talk on what's happening right now.

The Vibe: Houses vs. Condos

Houses

Our houses are the clear anchor of this neighbourhood. The average HonestDoor Price sits at $1,544,098 - up 1.48% from the previous period. The predicted market value backs that up at $1,521,515, and it's trending upward from a 3-month moving average of $1,509,218. That's not a spike, but it's steady, consistent movement in the right direction.

On the Etobicoke leaderboard, Markland Wood houses rank 6 out of 20 for growth. That puts us solidly in the above-average tier - not the flashiest number, but it means we're outpacing more than half the neighbourhoods competing for buyers in this city.

• Average HonestDoor Price: $1,544,098
• Recent price change: up 1.48%
• Predicted market value: $1,521,515
• 3-month moving average: $1,509,218 (trending up)
• Average rental estimate: $5,652 per month
• Rental yield: 4.03%
• Airbnb estimate: $281 per night
• Airbnb rank in Etobicoke: 4th
• Growth rank: 6 out of 20 in Etobicoke

Compare us to the neighbours: Etobicoke West Mall houses average $1,143,715, Dixie sits at $1,243,809, and Islington City Centre West comes in at $1,315,376. Markland Wood is the price leader in this group - by a significant margin.

Condos

The condo picture is a bit more nuanced. The average HonestDoor Price is $597,589, up a strong 5.04% from the previous period. That's a real jump. But the predicted market value is currently at $568,880, which is slightly below the 3-month moving average of $576,358 - meaning condos here are taking a small breather after that run-up.

One condo sold recently at $770,100, going for 100.14% of list price. Buyers paid over asking. That's a sellers' market signal, even in a slow-volume month. The catch? Condos here are sitting on the market for an average of 25 days, which earns a days-on-market rank of 3 out of 3 in Etobicoke. Priced right, they sell. Priced wrong, they sit.

• Average HonestDoor Price: $597,589
• Recent price change: up 5.04%
• Predicted market value: $568,880
• Average sale price (recent): $770,100
• Sale-to-list ratio: 100.14% (above asking)
• Price per square foot: $593
• Average days on market: 25
• Average rental estimate: $2,928 per month
• Rental yield: 3.70%
• Airbnb estimate: $145 per night
• Airbnb rank in Etobicoke: 2nd
• Growth rank: 9 out of 20 in Etobicoke

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. The Municipal Property Assessment Corporation updates values on a cycle, which means the number on your tax bill could be reflecting a market that existed a year or two ago. A lot has changed since then.

The HonestDoor Price is a real-world check. It's recalculated using current market data, recent sales, and live trends. For Markland Wood house owners, that means the difference between a stale government number and a current HonestDoor Price of $1,544,098 could be significant. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you actually want in front of you.

Condo owners, this matters even more right now. Your HonestDoor Price jumped 5.04% recently. Your assessment almost certainly hasn't caught up to that. Check it.

The So What? - Thinking About Selling This Summer?

For house sellers, the timing is reasonable. Values are up, we're above the 3-month trend line, and Markland Wood commands a clear premium over every comparable neighbourhood nearby. You're not leaving money on the table by listing this summer - but pricing it right from day one matters. Buyers in this range are informed.

For condo sellers, the story is trickier. The HonestDoor Price is up 5.04%, and that one recent sale closed above asking. But 25 days on market and a growth rank of 9 out of 20 tell you the condo pool of buyers is pickier. The upside is real - the Airbnb rank of 2nd in Etobicoke means investors are paying attention to this neighbourhood. Lean into that when you list.

Bottom line: Markland Wood is not a neighbourhood that shouts. It just keeps delivering. If you've been sitting on the fence about selling, pull up your HonestDoor Price first. You might be further ahead than you realize.

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.