Mcintyre South, Thunder Bay - August 2026 Real Estate Report

Mcintyre South, Thunder Bay: What Your Home Is Actually Worth Right Now

If you own property in Mcintyre South and the last number you checked was your city tax assessment, you are probably looking at stale data. Here is what is actually happening on the ground.

The Vibe: Houses vs. Condos - Two Very Different Stories

We are seeing a split market in Mcintyre South right now, and it matters a lot depending on what you own.

Houses are holding steady. The average HonestDoor Price sits at $608,842, up 0.77% from the previous period. The 3-month moving average for predicted value is climbing - from $601,143 to $604,190 - which tells us the floor is not dropping out. Houses here rank 8 out of 30 neighbourhoods in Thunder Bay for growth. That puts us in above-average territory on the neighbourhood leaderboard. Not the top of the pack, but solidly in the upper third.

• Average HonestDoor Price (Houses): $608,842
• Predicted Market Value: $604,190
• 3-Month Moving Average: $601,143 (trending up)
• Average Rental Estimate: $2,898 per month
• Rental Yield: 5.43% - that is a strong return
• Airbnb Estimate: $144 per night (ranked 4th in Thunder Bay)
• Growth Rank: 8 out of 30 in Thunder Bay

Condos are a different conversation. The average HonestDoor Price jumped 18.65% to $358,874, which sounds great on paper. But the predicted market value has pulled back to $302,461 from a 3-month average of $364,255, and recent value change sits at -26.34%. Condos rank 19 out of 30 in Thunder Bay for growth - below average on the leaderboard. If you own a condo here, this is not a panic moment, but it is absolutely a "pay attention" moment.

• Average HonestDoor Price (Condos): $358,874
• Predicted Market Value: $302,461
• 3-Month Moving Average: $364,255 (trending down)
• Average Rental Estimate: $1,897 per month
• Rental Yield: 4.20% - moderate, not spectacular
• Airbnb Estimate: $94 per night (ranked 6th in Thunder Bay)
• Growth Rank: 19 out of 30 in Thunder Bay

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment

Here is the thing about city assessments - they are snapshots 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, pulling in actual sales data and current market signals. It is the real-world check against a number that was calculated months or even years ago.

For Mcintyre South house owners, that gap matters. Your assessment might be sitting well below $608,842. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price gives you a number you can actually use today, not one that reflects what the market looked like before.

Compared to nearby neighbourhoods, houses in Mcintyre South are priced below Parkdale ($662,200) and John Street South ($660,448), but above John Street North ($576,525). We are not the most expensive block on the street, but we are not the cheapest either. That middle-ground positioning can actually work in a seller's favour.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Mcintyre South and you have been on the fence about listing, the data gives you a reasonable case to move. Values are ticking upward, rental demand is strong at $2,898 per month, and sitting at rank 8 of 30 in Thunder Bay means buyers looking at the neighbourhood leaderboard will notice us. The Airbnb rank of 4th in the city is a bonus talking point for any buyer who wants flexibility.

If you own a condo, the honest advice is to watch the next 60 to 90 days closely. The gap between the HonestDoor Price and the predicted market value is wide right now. That does not mean do not sell - it means price it sharp and do not anchor to the peak number. Nearby condos in John Street South are sitting at $303,560 and Parkdale at $300,986, so the competitive range is tight.

Bottom line - check your HonestDoor Price before you do anything else. It takes two minutes and it will tell you more than any assessment notice ever will.

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.