If you live in Stoneybrook and you have been eyeing your city tax assessment wondering if it actually reflects what your home is worth right now, the short answer is: probably not. Here is what the numbers are actually saying about our corner of London.
The two property types in Stoneybrook are telling pretty different stories right now, and if you own either one, it pays to know which story is yours.
Houses - Holding Steady With Some Upside
Houses in Stoneybrook are in a solid spot. The average sale price sits at $680,000, and the HonestDoor Price - which we will get to in a second - is tracking at $722,115. The predicted market value for houses is $727,670, which is actually creeping up past the 3-month moving average of $723,752. That is a quiet but real signal that house values here are not sliding.
One thing worth flagging: only 1 house sold in the most recent period. That is a thin sample, so we read the trend lines more than the single sale number here. The direction is still pointing up.
Condos - Taking a Breather
Condos in Stoneybrook are in a softer patch right now. The HonestDoor Price is $412,946 - up 1.75% from the previous period, which sounds good - but the predicted market value of $405,840 is actually sitting below the 3-month moving average of $409,311. Values have dipped 2.43% recently. The market is cooling its heels a bit.
Compared to nearby Stoney-Creek ($427,916 for condos) and North-London ($487,046), our condos are actually the more affordable option in this pocket of the city. That is not a bad thing if you are buying. If you are selling, timing matters more right now.
Here is the thing about city assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is a real-time estimate that updates as actual sales data, local trends, and comparable properties shift. It is the difference between checking yesterday's weather and looking out the window right now.
For Stoneybrook house owners, the gap between the average sale price ($680,000) and the HonestDoor Price ($722,115) is nearly $42,000. That gap is your real-world check. If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price gives you a number that actually reflects today, not two years ago.
Condo owners should pay attention too. Even with the recent softness, the HonestDoor Price of $412,946 is your best current read on where the market sees your unit. Waiting for the next assessment cycle to find out where you stand is not a strategy - it is just waiting.
If you own a house in Stoneybrook and selling this summer is on your radar, the conditions are reasonably friendly. Values are nudging upward, the predicted value is above the moving average, and at 18 out of 42 on London's neighbourhood growth leaderboard, we are punching above the middle of the pack. A rental yield of 5.19% also means buyers who are investor-minded have a real reason to look here. You are not in a panic-sell situation, but you are also not sitting on a rocket ship. Price it right and you will find a buyer.
If you own a condo and are thinking about listing this summer, be honest with yourself about the current direction. Values are down 2.43% recently and the predicted value is trailing the 3-month average. That does not mean do not sell - it means do not overprice it and sit. A well-priced condo at $405,000 to $412,000 in a neighbourhood that is cheaper than Stoney-Creek and North-London can still move. Buyers looking for value in London will notice.
Either way, the first step is the same: pull your HonestDoor Price, compare it to what you think your home is worth, and go from there. No guessing, no waiting for a letter from the city. Just the current number, right now.
stoneybrook | london | july 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.