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      Torbay North, Torbay - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Torbay, Torbay North

      Torbay North Real Talk: Your House Is Worth More Than the City Thinks

      The Vibe Right Now

      If you own a house in Torbay North, the numbers are moving in your favour. The average HonestDoor Price sits at $384,636, up 1.59% from the last period. More telling? The predicted market value of $378,605 is climbing above the 3-month moving average of $373,094. That is not a plateau - that is momentum. On the neighbourhood leaderboard for growth, Torbay North houses rank 1 out of 6 comparable areas in Torbay. First place. That matters when you are deciding whether to list now or wait.

      Condos are a different story, and we should be straight about it. The average HonestDoor Price for condos is $310,631, down 1.26% from the previous period. The predicted value of $314,588 is sitting well below the 3-month moving average of $374,008, a drop of roughly 20.57%. Condo growth ranks 3 out of 6 in Torbay - above average, but not leading the pack. If you own a condo here, this is a moment to watch closely, not panic, but watch.

      Houses vs. Condos - What We Are Actually Seeing

      • House average HonestDoor Price: $384,636 - up 1.59%
      • House predicted market value: $378,605 - trending upward
      • House rental estimate: $2,008 per month - rental yield of 5.86%
      • House Airbnb estimate: $100 per night
      • House growth rank: 1 out of 6 in Torbay
      • Condo average HonestDoor Price: $310,631 - down 1.26%
      • Condo predicted market value: $314,588 - trending downward
      • Condo rental estimate: $1,666 per month - rental yield of 4.18%
      • Condo Airbnb estimate: $83 per night
      • Condo growth rank: 3 out of 6 in Torbay

      For context, our nearest neighbours tell an interesting story. Central Torbay houses average $435,550 and Indian Meal Line sits at $465,872 - both pricier than us. But Torbay North houses are outpacing them in growth right now. North Pond comes in cheaper at $338,346. We are not the most expensive street on the block, but we are the one with the most upward energy.

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

      Here is the thing about your city assessment: it is a snapshot from months ago, sometimes longer. It does not know that Torbay North houses just ranked first in the neighbourhood for growth. It does not update when the market moves. The HonestDoor Price is a real-time read on what buyers are actually paying right now - not what a government office calculated last year.

      A 1.59% increase on a house valued at $384,636 is roughly $6,100 added to your net worth since the last period. Your tax assessment almost certainly does not reflect that yet. Checking your HonestDoor Price today means you are working with current information - not stale data - when you make decisions about your biggest asset.

      The So What - Should You Sell This Summer?

      If you own a house in Torbay North, the case for listing this summer is real. You are sitting at the top of the local growth leaderboard, values are trending up, and a rental yield of 5.86% tells you that buyers - including investors - see genuine value here. Demand is not disappearing.

      If you own a condo, the conversation is more nuanced. A 4.18% rental yield is still moderate and respectable. But the gap between the predicted value and the 3-month moving average is worth a conversation with your agent before you commit to a listing price. You are not in trouble - you just want to price it right, not optimistically.

      Either way, the first move is the same: pull your HonestDoor Price, compare it to your last assessment, and know the real number before you do anything else. That is the difference between leaving money on the table and walking away with what your home is actually worth.

      torbay north | torbay | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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