If you live on Sullivan Ave and you haven't checked your home's value lately, now is the time to pay attention. The market here is sending mixed signals depending on what you own - and knowing the difference could be worth real money.
Here is the honest picture for houses in our neighbourhood. The average HonestDoor Price sits at $303,872, which is down 3.53% from the previous period. That sounds like bad news, but hold on. The predicted market value for houses is $314,981 - and that number is climbing above the 3-month moving average of $303,436. In plain terms, the short-term dip looks like it is already correcting itself.
The growth rank for houses is 2 out of 12 neighbourhoods in Gander. That puts us near the top of the leaderboard. Most of our neighbours are not beating us on growth right now.
For landlords and investors, a 5.96% rental yield is not something you ignore. That is the kind of number that makes Sullivan Ave houses genuinely competitive as income properties. Compared to nearby Fraser Road Area ($305,578) and Brown Crescent Area ($323,525), we are priced accessibly while still ranking higher on growth. Gander Gardens Area ($270,441) is cheaper, but cheaper does not always mean better value.
Condos in Sullivan Ave Area tell a different story - and it is one worth reading carefully. The average HonestDoor Price dropped 18.82% to $328,700. That is a significant move and we are not going to sugarcoat it. But here is the flip side: the predicted market value for condos is $404,900, sitting above the 3-month moving average of $403,433.
That gap between the current HonestDoor Price and the predicted value is large. It suggests the recent dip may be a short-term correction rather than a trend. Condos here also rank 2 out of 11 neighbourhoods in Gander for growth - same top-tier position as our houses.
That Airbnb rank of 1 in all of Gander is a real differentiator. If you own a condo here and you are not thinking about short-term rental income, you are leaving money on the table. Nearby Brown Crescent Area condos are predicted at $394,459 and Fraser Road Area at $386,677 - both trail Sullivan Ave on predicted value.
Here is something most homeowners do not realize. Your city tax assessment is a snapshot from the past. It gets updated on a slow government schedule and it does not care what the market did last month or last quarter. The HonestDoor Price is updated in real time using actual market data. It reflects what a buyer would likely pay for your home today - not what a government office estimated a year or two ago.
Right now in Sullivan Ave Area, the predicted values for both houses and condos are running above their recent averages. If you are relying on your tax assessment to know what your home is worth, you are probably working with a stale number. Pull your HonestDoor Price and get the real-world check before you make any decisions.
Selling this summer in Sullivan Ave Area? Here is the straight talk.
For house sellers, the timing looks reasonable. Predicted values are rising above the recent average, growth ranks second in the city, and rental demand is strong enough that buyers with investment intentions will be looking here. A 5.96% yield is a selling point you can actually use in a conversation with a buyer.
For condo sellers, the picture is more nuanced. The HonestDoor Price took a hit recently, but the predicted value is significantly higher and the Airbnb rank is number one in Gander. If you can hold a few months while the market catches up to that predicted value, you may be in a stronger position. If you need to sell now, price it sharp and lead with the income story - $2,120 per month in estimated rent and the top Airbnb ranking in the city are compelling hooks for the right buyer.
Either way, do not walk into a listing conversation armed only with your tax assessment. Check your HonestDoor Price first. That is the number that reflects what is actually happening on the street - not what happened on a spreadsheet two years ago.
sullivan ave area | gander | september 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.