Rosslyn Road, Thunder Bay - August 2026 Real Estate Report

Rosslyn Road, Thunder Bay: Your Neighbour Just Got a Surprise - Here Is What Your Home Is Actually Worth

The Vibe Right Now

If you have been watching the "For Sale" signs on Rosslyn Road lately, here is the honest picture. The market is sending two very different signals depending on what you own - and knowing which one applies to you could be worth tens of thousands of dollars.

Houses: Holding Steady With a Caveat

The average HonestDoor Price for a house on Rosslyn Road sits at $603,988, up 1.73% from the previous period. That sounds like good news - and it mostly is. But the short-term predicted value is tracking at $593,742, which is sliding below the 3-month moving average of $599,269. The market for houses here is taking a breather.

• Average HonestDoor Price: $603,988
• Recent price change: -5.87%
• Predicted market value: $593,742
• 3-month moving average: $599,269
• Average rental estimate: $2,880 per month
• Rental yield: 5.45% - that is a strong return
• Airbnb estimate: $143 per night (ranked 5th in Thunder Bay)
• Neighbourhood growth rank: 18 out of 30 in Thunder Bay

That growth rank of 18 out of 30 puts houses here in the below-average tier on the Thunder Bay neighbourhood leaderboard. We are not at the bottom, but we are not leading the pack either. For context, Parkdale houses are averaging $662,200 - about $58,000 more than us. Westfort sits at $395,548, so Rosslyn Road is still punching well above its neighbours to the west.

The silver lining? That 5.45% rental yield is genuinely strong. If you are thinking about holding rather than selling, a house here earns its keep as a rental.

Condos: A Wild Swing Worth Paying Attention To

The condo story on Rosslyn Road is a lot more interesting - and a little more complicated. The average HonestDoor Price jumped 35.59% to $401,940. That is a big number. But the short-term predicted value tells a different story at $296,436, down 16.64% recently and sitting below the 3-month moving average of $302,487.

• Average HonestDoor Price: $401,940
• Recent price change: -16.64%
• Predicted market value: $296,436
• 3-month moving average: $302,487
• Average rental estimate: $2,096 per month
• Rental yield: 4.21% - moderate but workable
• Airbnb estimate: $104 per night (ranked 3rd in Thunder Bay)
• Neighbourhood growth rank: 7 out of 30 in Thunder Bay

Here is the twist - condos rank 7th out of 30 on the Thunder Bay neighbourhood leaderboard. That puts us in the above-average tier for growth. So while the short-term numbers are bumpy, the longer-term trajectory for condos here is actually competitive. Rosslyn Road condos are priced above Westfort ($260,068) and sitting just below Parkdale ($300,986) in predicted value - right in the middle of the pack.

The Secret Sauce: Why Your HonestDoor Price Matters More Than 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 what happened to condo prices last quarter. It does not know that house values on Rosslyn Road have shifted 5.87% recently. It is basically a photo from a year or two ago being used to describe what your home looks like today.

The HonestDoor Price is updated in real time using actual market signals. For a house owner on Rosslyn Road, that means the difference between a stale government number and a live $603,988 valuation that reflects what a buyer would actually pay today. For condo owners, it is even more critical - a 35.59% jump in the HonestDoor Price is the kind of move your tax assessment will not catch for months, maybe longer.

Check your HonestDoor Price now. Do not wait for a piece of mail from the city to tell you what your biggest asset is worth.

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

If you own a house on Rosslyn Road and are thinking about listing this summer, the window is real but it is not wide open forever. Values are up year-over-year, but the short-term slide and a growth rank of 18 out of 30 suggest the market is not accelerating. Pricing it right from day one matters more than it did two years ago. Come in too high and you will sit. Come in sharp and you will move.

If you own a condo, the conversation is more nuanced. The growth rank of 7 out of 30 tells us there is genuine demand here. But that gap between the HonestDoor Price of $401,940 and the predicted value of $296,436 means you need a clear-eyed read on where the market actually is - not where it was six months ago. A summer listing could work well if you price to the current market, not the peak.

Either way, the smartest first move is the same - pull your HonestDoor Price, compare it to what your neighbour just sold for, and make a decision based on real numbers. That is what a savvy seller does.

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.