Mcintyre South, Thunder Bay - October 2026 Real Estate Report
Mcintyre South, Thunder Bay: Here's What Your Home Is Actually Worth Right Now
If you've been glancing at your city tax assessment and thinking it tells the full story, it doesn't. Here's the real picture for Mcintyre South homeowners in 2024 - and it's more nuanced than you might expect.
The Vibe: Houses vs. Condos - Two Very Different Stories
We're seeing a split market in Mcintyre South right now, and it matters which side of that split your property sits on.
Houses: The average HonestDoor Price for a house here sits at $601,589, down a modest 1.16% from the previous period. That's the market taking a breather - not a freefall. The predicted value is actually nudging upward to $608,659, which is above the 3-month moving average of $607,498. That's a small but real sign of stabilization. On the rental side, houses are pulling an estimated $2,886 per month, with a solid rental yield of 5.42%. That's a number landlords in this city would be happy with. On the neighbourhood leaderboard, though, houses rank 26 out of 30 for growth in Thunder Bay. We're not leading the pack right now - let's be honest about that.
Condos: This is where things get interesting for us. The average HonestDoor Price for a condo in Mcintyre South is $409,291 - up 16.07% from the previous period. That's a serious jump. The predicted value comes in at $352,626, trending upward from a 3-month moving average of $337,987. Condos here are also ranked 3rd in Thunder Bay for Airbnb potential, which tells you something about short-term demand in this pocket of the city. Rental yield sits at 4.10%, which is moderate but still workable. On the growth leaderboard, condos rank 22 out of 30 - below average, but climbing.
- House HonestDoor Price: $601,589 (down 1.16%)
- House predicted value: $608,659 (above 3-month average of $607,498)
- House rental estimate: $2,886/month - rental yield 5.42%
- House Airbnb estimate: $143/night - ranked 6th in Thunder Bay
- House growth rank: 26 out of 30 in Thunder Bay
- Condo HonestDoor Price: $409,291 (up 16.07%)
- Condo predicted value: $352,626 (above 3-month average of $337,987)
- Condo rental estimate: $2,137/month - rental yield 4.10%
- Condo Airbnb estimate: $106/night - ranked 3rd in Thunder Bay
- Condo growth rank: 22 out of 30 in Thunder Bay
The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot taken in the past. It doesn't know what happened to condo prices in Mcintyre South over the last period. It doesn't know that house values are predicted to tick up to $608,659. It's essentially a photo from last year telling you what you look like today.
The HonestDoor Price is updated in real time. It pulls in actual market movement - like that 16.07% condo price shift - and reflects what a buyer would likely pay right now, not what a government formula calculated months ago. If you're a condo owner in Mcintyre South and you're still looking at your old assessment, you could be sitting on a number that's significantly out of date. That gap between perception and reality is exactly where money gets left on the table.
Check your HonestDoor Price now. It takes two minutes and it's the most current read on your property's real-world value.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Mcintyre South and you're weighing a summer sale, the honest answer is: the window is open, but it's not wide open. Values are holding near $600K and the predicted direction is slightly up - but the growth rank of 26 out of 30 means we're not in a neighbourhood that's accelerating fast. Nearby Parkdale is pricing at $735,404 and John Street South at $710,343. If buyers have options, they'll compare. Your pricing strategy needs to be sharp.
If you own a condo, the story is more compelling. A 16.07% price increase is the kind of number that gets buyer attention. Mcintyre South condos are also sitting in the top 3 in Thunder Bay for Airbnb income potential - and that's a selling point you can actually use in your listing. Buyers who are thinking about offsetting their mortgage with short-term rentals will notice that rank.
Bottom line for both property types: don't price off your old assessment. Use your HonestDoor Price as your starting point, know where you sit on the neighbourhood leaderboard, and go in with eyes open. That's how we sell smart in Mcintyre South.
mcintyre south | thunder bay | 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.