Mile Square, Kingston - July 2026 Real Estate Report

Mile Square, Kingston: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your last property tax assessment and wondering if it still reflects reality, the short answer is: probably not. Here's the real-world picture for Mile Square homeowners in 2024.

The Vibe: What's Happening With Houses and Condos in Our Neighbourhood

Let's split this into two honest conversations, because houses and condos are telling very different stories right now.

Houses in Mile Square

The average HonestDoor Price for a house here sits at $646,750 - and it's moving in the right direction, up 1.47% from the previous period. The predicted market value is $637,391, which is already climbing past the 3-month moving average of $635,042. That's a steady, quiet climb - not a rocket ship, but not a slide either.

• Average HonestDoor Price: $646,750
• Recent price change: up 1.47%
• Predicted market value: $637,391
• 3-month moving average: $635,042
• Average rental estimate: $3,062 per month
• Rental yield: 5.37% - that's a strong return
• Airbnb estimate: $152 per night
• Neighbourhood growth rank: 25 out of 44 Kingston neighbourhoods

That 5.37% rental yield is worth pausing on. For investors or homeowners thinking about renting out a unit, that number puts Mile Square houses in solid territory. It means your property is working for you, not just sitting there.

On the neighbourhood leaderboard, houses rank 25th out of 44 Kingston neighbourhoods for growth. That puts us in the bottom half - but it's not a red flag. It means we're a stable, established area rather than a speculative hot spot. Think of it as the reliable player on the team rather than the flashy rookie.

How do we stack up against neighbours? Woodbine houses average $713,160 and Lemoine Point hits $715,796 - both sitting about $70,000 above us. Bayridge West comes in lower at $577,480. Mile Square is the middle ground - more accessible than the pricier pockets, more valuable than the budget end of town.

Condos in Mile Square

Condos are a different story, and we should be straight about it. The average HonestDoor Price is $302,117, which has dipped 2.66% from the previous period. That's a cooling signal worth watching.

• Average HonestDoor Price: $302,117
• Recent price change: down 2.66%
• Predicted market value: $310,383
• 3-month moving average: $308,569
• Average rental estimate: $1,620 per month
• Rental yield: 4.17% - moderate returns
• Airbnb estimate: $81 per night
• Neighbourhood growth rank: 27 out of 44 Kingston neighbourhoods

The condo market here is taking a breather. The predicted value of $310,383 is actually higher than the current average HonestDoor Price, which suggests the short-term dip may not tell the full story - but condo owners should keep a close eye on this. Nearby, Woodbine condos average $354,133 and Lemoine Point jumps to $438,117, so there is a noticeable gap between Mile Square condos and some surrounding areas.

The 4.17% rental yield is moderate - not bad, but not exceptional. If you own a condo here and are renting it out, you're covering costs and then some, but don't expect the same return as a house in the same neighbourhood.

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. It gets updated on a schedule that has nothing to do with what buyers are actually paying on your street right now. The HonestDoor Price is a live, real-time estimate that reflects current market conditions, recent sales data, and where prices are actually heading.

For Mile Square house owners, that means the difference between a static government number and a current HonestDoor Price of $646,750 - which is already trending upward. If you're making any financial decision based on your assessment alone, you're working with old information. Check your HonestDoor Price now, not when the city gets around to updating its records.

For condo owners, it's even more important. With values shifting by 2.66%, knowing your real-time number could be the difference between pricing your unit right and leaving money on the table - or worse, sitting on the market too long.

The So What: Should You Sell in Mile Square This Summer?

If you own a house in Mile Square and have been thinking about listing, the timing is reasonable. Values are up, the predicted market value is rising above the 3-month average, and rental demand is strong enough that buyers see income potential here. You're not at the top of the Kingston leaderboard, but you have a real, sellable story - a stable neighbourhood with solid yields and room to grow.

If you own a condo, take a breath before rushing to list. The recent 2.66% dip means you want to price carefully and make sure your listing reflects current demand, not last year's optimism. The predicted value is still above the current average, so there is a floor here - but this is not the moment to overprice and hope.

Either way, the first move is the same: pull your HonestDoor Price today. Know your real number before you call an agent, set a price, or make any decision about your biggest asset. That's not a sales pitch - that's just common sense.

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.