Mcintyre South, Thunder Bay - July 2026 Real Estate Report

Mcintyre South, Thunder Bay: What Your Neighbour Hasn't Told You Yet

The Vibe Right Now

If you've been watching the "For Sale" signs in Mcintyre South, here's what's actually happening. The market is taking a breather - but it's not a freefall. Prices are holding in a range that still makes this neighbourhood worth paying attention to, especially if you're thinking about your next move.

Let's break it down by property type, because houses and condos are telling two very different stories right now.

Houses: Steady, With a Bit of Momentum

The average HonestDoor Price for a house in Mcintyre South sits at $604,190. That's down 1.61% from the previous period - a small dip, not a crash. Think of it as the market catching its breath after a run.

Here's the more interesting number: the predicted market value is $614,094, which is climbing above the 3-month moving average of $582,026. That gap tells us momentum is building, not fading.

• Average HonestDoor Price: $604,190
• Predicted Market Value: $614,094
• 3-Month Moving Average: $582,026
• Recent Value Change: 4.95%
• Estimated Monthly Rent: $2,923
• Rental Yield: 5.41% - that's a strong return
• Airbnb Estimate: $145 per night - ranked 5th in Thunder Bay
• Neighbourhood Growth Rank: 25 out of 30 in Thunder Bay

That growth rank is worth being honest about. On the neighbourhood leaderboard, houses in Mcintyre South sit near the bottom tier at 25 out of 30. It's not the fastest-moving block in the city. But a 5.41% rental yield is genuinely strong - if you're holding this property as an investment, the income story is better than the appreciation story right now.

Compared to nearby neighbourhoods, we're sitting below Parkdale ($637,237) and John Street South ($647,993), but comfortably above John Street North ($577,349). We're in the middle of the pack on price.

Condos: A Bigger Swing, Worth Watching Closely

The condo picture is where things get a little more complicated - and where homeowners really need to pay attention.

The average HonestDoor Price for a condo is $302,461, which is down 26.34% from the previous period. That's a significant move. It's the kind of number that should make any condo owner in Mcintyre South want to know exactly where their unit stands today - not six months ago, and definitely not based on last year's city assessment.

• Average HonestDoor Price: $302,461
• Predicted Market Value: $410,635
• 3-Month Moving Average: $396,100
• Recent Value Change: 8.16%
• Estimated Monthly Rent: $1,624
• Rental Yield: 4.01% - moderate but workable
• Airbnb Estimate: $80 per night - ranked 4th in Thunder Bay
• Neighbourhood Growth Rank: 26 out of 30 in Thunder Bay

The predicted value of $410,635 is notably higher than the average HonestDoor Price of $302,461 - and it's also above nearby Parkdale ($361,124) and John Street South ($398,300). That gap between the average and the predicted value suggests individual units can vary a lot. Your condo might be worth significantly more or less than the neighbourhood average. That's exactly why a current, property-specific estimate matters.

On the leaderboard, condos rank 26 out of 30 for growth in Thunder Bay. Bottom tier. If you bought a condo here as a pure appreciation play, the numbers are asking you to revisit that strategy.

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 city runs those numbers on a cycle, and by the time that paper lands in your mailbox, the market has already moved. In a neighbourhood like Mcintyre South, where condo values have shifted by over 26% in a single period, that lag isn't just inconvenient - it can cost you real money.

The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government formula that was set months ago. If you're making any decision about your property - selling, refinancing, even just understanding your net worth - the HonestDoor Price is the real-world check you need. Think of the city assessment as the old map. HonestDoor is the GPS.

With a predicted house value of $614,094 sitting above the recent average, and condo predicted values running well above the HonestDoor average, there's a real chance your property is being undervalued by outdated numbers right now.

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

If you own a house in Mcintyre South and you're thinking about listing this summer, the window is real but not wide open. The predicted value is trending up from the 3-month average, which means momentum is on your side right now. Waiting too long to see if prices climb further is a gamble when the growth rank sits at 25 out of 30 - this neighbourhood isn't leading the charge in Thunder Bay.

If you own a condo, the conversation is more urgent. A 26.34% drop in the average HonestDoor Price is a signal to get current information on your specific unit before making any decisions. Some units will be above that average, some below. You need to know which side you're on before you price anything.

For anyone holding either property type as a rental, the house yield of 5.41% is a genuinely good reason to hold. That's a number that pencils out in most scenarios.

Bottom line - Mcintyre South isn't the hottest address on the Thunder Bay leaderboard right now, but it's far from done. Know your number, price it right, and move with the data - not against it.

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.