Mount Cashel Road, St. John's - July 2026 Real Estate Report

Mount Cashel Road, St. John's: Your Neighbour Just Got a Surprise on Their Home Value

The Vibe Right Now

If you own on Mount Cashel Road, the story depends heavily on what type of property you have. Houses and condos are telling two very different stories this season - and both are worth paying attention to.

Houses: Strong Asking Price, But Watch the Trend

The average HonestDoor Price for a house on our street sits at $651,630 - up 3.03% from the previous period. That sounds great, and it is. But here is the part we need to talk about honestly: the predicted market value right now is $632,470, and that number is sliding. It is sitting below the 3-month moving average of $647,024, and recent price movement has dipped 3.94%.

In plain terms, the peak may have just passed for houses. The market is taking a breather. That does not mean panic - it means timing matters more than it did six months ago.

• Average HonestDoor Price: $651,630 (up 3.03%)
• Predicted Market Value: $632,470
• 3-Month Moving Average: $647,024
• Recent Price Change: -3.94%
• Estimated Monthly Rent: $2,515
• Rental Yield: 5.71% - that is a strong return
• Airbnb Potential: $125 per night - ranked 10th in all of St. John's
• Neighbourhood Growth Rank: 89 out of 90 - bottom of the leaderboard for houses

That Airbnb ranking is genuinely impressive. Top 10 in the city means short-term rental demand here is real. If you are a house owner sitting on the fence about renting out a suite or a full unit, the numbers back you up.

The growth rank of 89 out of 90 is the honest flag. It does not mean your house is worth less - it means price momentum for houses in this area is lagging behind most of St. John's right now. Worth knowing before you set a list price.

Condos: A Wilder Ride, But a Better Leaderboard Position

Condo owners, your HonestDoor Price is up 6.38% to $294,587. That headline number looks solid. But the predicted market value has pulled back hard to $276,912 - well below the 3-month moving average of $333,629. That is a 20.73% recent drop in predicted value, which is a significant swing.

The good news is that condos here rank 32 out of 94 neighbourhoods in St. John's for growth. That puts us in above-average territory on the city leaderboard - a much better position than houses right now.

• Average HonestDoor Price: $294,587 (up 6.38%)
• Predicted Market Value: $276,912
• 3-Month Moving Average: $333,629
• Recent Price Change: -20.73%
• Estimated Monthly Rent: $1,467
• Rental Yield: 4.22% - moderate but workable
• Airbnb Potential: $77 per night - ranked 57th in St. John's
• Neighbourhood Growth Rank: 32 out of 94 - above average in the city

Compared to nearby streets, condos here are priced well above St. Laurent Street ($222,776) and Berteau Avenue ($222,844). Stirling Crescent condos run higher at $405,700, so we sit in the middle of the pack for the area.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know what happened to comparable sales last Tuesday. It does not adjust for the fact that predicted values on Mount Cashel Road are shifting right now, in real time.

The HonestDoor Price is updated continuously using actual market signals. For houses, it is showing $651,630 while the city's number is likely sitting somewhere older and less accurate. For condos, the 6.38% increase in the HonestDoor Price tells a story your tax bill simply cannot tell yet.

If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check. The assessment is the government's best guess from a while back. These are not the same thing.

So What Does This Mean If You Are Thinking About Selling This Summer?

For house owners, the window is real but it is not wide open forever. Values are still strong at $651,630 on average, but the downward trend in predicted value and that 89-out-of-90 growth rank are signals worth respecting. Listing sooner rather than later gives you the best shot at capturing the current HonestDoor Price before further softening.

For condo owners, the picture is more mixed. The HonestDoor Price is up, but the predicted value has pulled back sharply. If your unit is well-maintained and priced right, the above-average growth rank (32 out of 94) gives you a reasonable story to tell buyers. Just do not anchor your expectations to that 3-month moving average of $333,629 - the market has moved since then.

Either way, the rental numbers are a useful backup plan. A 5.71% yield on a house is genuinely strong. If summer selling feels rushed, holding and renting is not a bad position to be in on Mount Cashel Road.

Bottom line - check your HonestDoor Price today, not next spring when the assessment rolls in. The market is moving now, and the data is already telling you which direction.

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.