Mile Square, Kingston - October 2026 Real Estate Report
Mile Square, Kingston: Prices Are Sliding - Here Is What You Need To Know Right Now
The Vibe Right Now
If you have been watching the "For Sale" signs around Mile Square lately, here is what is actually happening. The market is taking a breather. Both houses and condos are down from recent highs, and the numbers are clear enough that homeowners here should not be sitting on outdated information heading into summer.
Houses in Mile Square
The average HonestDoor Price for a house in Mile Square sits at $604,192 - down 3.78% from the previous period. The predicted market value is $627,947, but that number is also sliding. The 3-month moving average is $635,853, and we are currently tracking below it. That gap matters if you are thinking about listing.
On the neighbourhood leaderboard, Mile Square houses rank 22 out of 45 comparable Kingston neighbourhoods for growth. That puts us in above-average territory - not leading the pack, but holding our own. For context, nearby Woodbine is priced higher at $650,622 and Lemoine Point sits at $680,411. Bayridge West comes in cheaper at $577,419, so Mile Square is comfortably in the middle of the pack.
The rental story is genuinely strong. Estimated rent runs $3,005 per month with a rental yield of 5.39%. That is a number landlords and investors pay attention to. If you own a house here and are not renting it, you are leaving real money on the table.
- Average HonestDoor Price - $604,192
- Predicted Market Value - $627,947
- 3-Month Moving Average - $635,853
- Recent Price Change - down 0.78%
- Estimated Monthly Rent - $3,005
- Rental Yield - 5.39%
- Growth Rank - 22 out of 45 in Kingston
Condos in Mile Square
The condo picture is a bit rougher. The average HonestDoor Price is $265,661 - down 9.16% from the previous period. The predicted market value is $292,456, sitting below the 3-month moving average of $298,156. Recent price change is down 2.48%. This one is worth watching closely.
On the leaderboard, Mile Square condos rank 28 out of 44 Kingston neighbourhoods. That puts us in below-average territory for growth right now. Woodbine condos are priced significantly higher at $347,800, while Lemoine Point comes in lower at $246,567. We are sitting in the middle, but the downward trend is something sellers need to factor in.
Rental yield for condos comes in at 4.19% with an estimated $1,569 per month in rent. That is a moderate return - not a home run, but not a reason to panic either.
- Average HonestDoor Price - $265,661
- Predicted Market Value - $292,456
- 3-Month Moving Average - $298,156
- Recent Price Change - down 2.48%
- Estimated Monthly Rent - $1,569
- Rental Yield - 4.19%
- Growth Rank - 28 out of 44 in Kingston
The Secret Sauce - Why Your HonestDoor Price Beats Your Tax Assessment Right Now
Here is the thing about your city tax assessment: it is a snapshot from the past. It does not know that Mile Square house prices have dropped 3.78% or that condo values are down 9.16%. It is not tracking the 3-month moving average. It is just a number the city printed and mailed to you.
Your HonestDoor Price is updated in real time. It pulls from actual market activity and gives you a current read on what your property is worth today - not what it was worth when the city last got around to looking. If you are making any decision about your home right now - selling, refinancing, or just figuring out where you stand - the HonestDoor Price is the number to use. The assessment is a starting point. The HonestDoor Price is the real-world check.
The So What - Thinking About Selling This Summer?
Straight talk: the window is tightening. Both houses and condos in Mile Square are trending below their 3-month moving averages. That means if you were hoping the market would bounce back before you listed, you are betting against the current direction.
Selling this summer still makes sense for houses - the rental yield of 5.39% signals that buyers see real value here, and our growth rank of 22 out of 45 keeps us competitive against other Kingston neighbourhoods. Buyers have options, but Mile Square is not at the bottom of anyone's list.
For condo owners, the drop of 9.16% and a below-average growth rank of 28 out of 44 means pricing it right from day one is critical. Overpricing a condo in this market is the fastest way to sit on it all summer. Get your HonestDoor Price, price sharp, and move with confidence.
Bottom line - do not wait for the city to tell you what your home is worth. Check your HonestDoor Price today and go into any conversation with a buyer, agent, or bank knowing the real number.
mile square | kingston | 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.