South Business Park, Stony Plain - October 2026 Real Estate Report
South Business Park, Stony Plain: What Your Neighbour Hasn't Told You Yet
If you own property in South Business Park and you haven't checked your HonestDoor Price lately, now is the time. The market here is telling two very different stories depending on what you own - and both are worth paying attention to.
The Vibe: Houses vs. Condos
Houses
The house market in South Business Park is steady. One home sold last month at exactly list price - 100% of asking - and it was gone in 17 days. That's a balanced market doing what a balanced market does. No panic, no frenzy, just clean transactions.
- Average sale price: $139,900
- Price per square foot: $156
- Average days on market: 17
- Sold at 100% of list price
- HonestDoor Price: $174,211 (up 1.08%)
- Estimated monthly rent: $952
- Rental yield: 6.13% - that's a strong return
Here's the thing worth noting: the predicted market value sits at $172,356, which is slightly down from the 3-month moving average of $176,878. Values have dipped 1.51% recently. The market isn't falling off a cliff - it's taking a breather. But we're watching it.
On the neighbourhood leaderboard, South Business Park houses rank 10 out of 37 in Stony Plain for growth. That puts us solidly above average. For price, we rank 29 out of 31 - meaning we're one of the most affordable entry points in the city. For buyers, that's a door still open. For sellers, it means pricing sharp matters.
Condos
Condos here are a different animal entirely. Two sold last month in just 6 days - faster than nearby Sunrise Village at 9 days. Buyers are moving quickly. The sale price came in at 98.61% of list, so buyers are getting a small discount, but not much of one.
- Average sale price: $141,900
- Price per square foot: $172
- Average days on market: 6
- Sold at 98.61% of list price
- HonestDoor Price: $1,461,090 (down 2.04%)
- Estimated monthly rent: $3,164
- Airbnb potential: $158 per night - ranked 5th in all of Stony Plain
The predicted market value for condos is $1,491,570, and that number is actually climbing past the 3-month moving average of $1,467,127. Growth is up 0.96% recently. On the leaderboard, South Business Park condos rank 3 out of 32 in Stony Plain for growth. That's top-tier. Days-on-market rank is 2 out of 15 - meaning almost nothing sells faster in this city.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Your city assessment is a snapshot taken months ago, based on data that's even older. It doesn't know what sold on your street last week. The HonestDoor Price does. It updates in real time using actual sales, current demand, and live market signals.
Right now in South Business Park, the HonestDoor Price for houses is $174,211 - that's $34,311 higher than the average sale price of $139,900. For condos, the HonestDoor Price is $1,461,090 against a sale price of $141,900. These gaps exist because the HonestDoor Price is capturing the full picture of what your property is worth in today's market, not last year's.
If you're making any financial decision - refinancing, selling, even just understanding your net worth - use the HonestDoor Price as your real-world check. The tax assessment is a starting point. The HonestDoor Price is where the conversation actually begins.
The So What: Thinking About Selling This Summer?
For house owners, the honest answer is: conditions are fair, not electric. You'll sell, but you need to price it right. With a 100% sale-to-list ratio and 17 days on market, buyers aren't overpaying - they're paying exactly what they think something is worth. Come in too high and you'll sit. Come in sharp and you'll move.
For condo owners, summer could be your moment. Six-day average sales, top-3 growth ranking in Stony Plain, and a predicted value that's trending up - that's a combination that favours sellers. The Airbnb income potential here also ranks 5th in the city, which makes this an attractive pitch to investors who are actively looking.
Either way, the first step is the same: check your HonestDoor Price today. Know what you're actually sitting on before you make any move.
south business park | stony plain | 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.