Rosslyn Road, Thunder Bay - September 2026 Real Estate Report

Rosslyn Road, Thunder Bay: Your Neighbour Just Got a Raise - Did You?

If you own a home on Rosslyn Road and the last number you checked was your city tax assessment, you are almost certainly looking at the wrong number. Here is what is actually happening on our streets right now.

The Vibe: Houses vs. Condos

Rosslyn Road is doing something interesting - and it depends on what you own.

For houses, we are sitting at a solid average HonestDoor Price of $624,949, up 3.48% from the previous period. The predicted market value for a house here is $603,949. That number is dipping slightly below the 3-month moving average of $609,345, which tells us the market is taking a breather after a run-up. Nothing alarming - just a normal exhale. On the rental side, houses are pulling in an estimated $2,880 per month with a rental yield of 5.42%. That is a strong return by any measure.

Condos are the real story right now. The average HonestDoor Price for a condo on Rosslyn Road has jumped 17.65% to $472,900. The predicted value sits at $401,940, which is already climbing past the 3-month moving average of $351,324. Property values for condos have shifted 35.59% recently. That is not a typo. If you own a condo here, your equity position looks very different today than it did a few months ago.

• House - Average HonestDoor Price: $624,949 (up 3.48%)
• House - Predicted Market Value: $603,949
• House - Estimated Rent: $2,880/month | Rental Yield: 5.42%
• House - Airbnb Estimate: $143/month | Thunder Bay Airbnb Rank: 4
• House - Growth Rank: 6 out of 30 neighbourhoods in Thunder Bay
• Condo - Average HonestDoor Price: $472,900 (up 17.65%)
• Condo - Predicted Market Value: $401,940
• Condo - Estimated Rent: $2,096/month | Rental Yield: 4.02%
• Condo - Airbnb Estimate: $104/month | Thunder Bay Airbnb Rank: 3
• Condo - Growth Rank: 1 out of 30 neighbourhoods in Thunder Bay

On the neighbourhood leaderboard, Rosslyn Road condos are ranked number 1 out of 30 neighbourhoods in Thunder Bay for growth. Houses rank 6 out of 30. Both of those are top-tier positions. For context, nearby Westfort houses are averaging $372,535 and Parkdale is at $707,136 - so we sit comfortably in the middle of a strong range, with real momentum behind us.

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

Here is the honest truth about city assessments - they are a snapshot from the past. They update on a slow cycle and they cannot keep up with a market that is moving as fast as Rosslyn Road condos are right now. A 35.59% shift in condo values does not show up on a government form until long after the moment has passed.

The HonestDoor Price is a real-time estimate built from current market data. It is the number that reflects what a buyer would actually pay today - not what a bureaucrat calculated last year. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you should be looking at first. Think of it as the real-world check against a static government figure that is almost always running behind.

For Rosslyn Road condo owners specifically, the gap between your old assessment and your HonestDoor Price could be significant right now. That gap is your equity - and you deserve to know it exists.

The So What: Thinking About Selling This Summer?

Summer is historically when buyers come out in Thunder Bay. Here is what the data is telling us for Rosslyn Road right now.

If you own a house, the market has had a slight pullback from its recent peak - the predicted value of $603,949 is just under the 3-month moving average of $609,345. That is not a red flag. It means you are still in a strong position, but waiting for a higher peak is a gamble. Buyers are active, rental demand is real at $2,880 per month, and a 5.42% yield means investors are paying attention to this street.

If you own a condo, the momentum is genuinely hard to ignore. A growth rank of 1 out of 30 neighbourhoods in Thunder Bay means buyers looking at the data will find Rosslyn Road at the top of the list. The predicted value of $401,940 is already above nearby Parkdale condos at $355,943. You have a competitive edge right now - and those do not last forever.

Bottom line - Rosslyn Road is not a neighbourhood that is quietly sitting still. The numbers say it is one of the more active spots in Thunder Bay right now. If you have been thinking about making a move, this summer is worth a serious conversation. Check your HonestDoor Price first so you walk into that conversation knowing exactly where you stand.

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.