Waterloo Village, Kingston - August 2026 Real Estate Report

Waterloo Village, Kingston: What Your Home Is Actually Worth Right Now

If you've been glancing at your city tax assessment and feeling pretty good about it, here's a reality check. The market in Waterloo Village has been taking a breather, and the numbers tell a more nuanced story than any government document will.

The Vibe: Houses vs. Condos in Waterloo Village

Let's break down what's happening for us here in the neighbourhood, depending on what you own.

Houses

The average HonestDoor Price for a house in Waterloo Village sits at $541,880, down about 2.06% from the previous period. The forward-looking predicted value is $553,299, which is actually sitting below the 3-month moving average of $559,971 - a sign that downward pressure is still in play.

• HonestDoor Price: $541,880 (down 2.06%)
• Predicted Market Value: $553,299
• 3-Month Moving Average: $559,971
• Recent Value Change: -2.39%
• Estimated Monthly Rent: $2,687 - $2,734
• Rental Yield: 5.54% (that's a strong return)
• Airbnb Estimate: $133 - $136 per night
• Kingston Neighbourhood Growth Rank: 39 out of 44

That growth rank is the number to pay attention to. On the neighbourhood leaderboard, houses in Waterloo Village are sitting near the bottom tier - 39th out of 44 comparable Kingston neighbourhoods. For context, our neighbours in Cataraqui North are pricing houses at $720,628 on average. Gardiners is at $626,218. We're not in that league right now, and the trend isn't climbing.

The silver lining? If you're a landlord or thinking about becoming one, a 5.54% rental yield is genuinely solid. That $2,700-ish per month in estimated rent makes a house here a workable income property even if appreciation is slow.

Condos

Condos in Waterloo Village are holding up a little better in relative terms. The average HonestDoor Price is $318,409, down 1.57% from the previous period. The predicted value of $323,488 is actually nudging slightly above the 3-month moving average of $322,595 - a small but real sign of stabilization.

• HonestDoor Price: $318,409 (down 1.57%)
• Predicted Market Value: $323,488
• 3-Month Moving Average: $322,595
• Recent Value Change: -1.46%
• Estimated Monthly Rent: $1,701 - $1,725
• Rental Yield: 4.16% (moderate, but steady)
• Airbnb Estimate: $84 - $86 per night
• Kingston Neighbourhood Growth Rank: 28 out of 44

On the condo leaderboard, we rank 28th out of 44 - below average, but not at the bottom. Compared to nearby Meadowbrook condos at around $274,200, Waterloo Village condos are priced higher, which tells us buyers are still willing to pay a premium to be here. Gardiners condos average just $172,663, so we're well above that floor. Cataraqui North is the outlier at $485,673 - a different price bracket entirely.

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

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened to interest rates last quarter. It doesn't know what your neighbour's house sold for last month. It's a static number doing a bad job of representing a moving target.

The HonestDoor Price is updated in real time using actual market activity. Right now, it's showing us that house values in Waterloo Village have dipped 2.39% recently. If you're making a financial decision - refinancing, selling, buying out a partner - using a stale assessment could cost you real money. The HonestDoor Price is the real-world check that keeps you from flying blind.

Pull your HonestDoor Price today. It takes two minutes and it's the most current number you'll find anywhere.

The "So What?" - Thinking About Selling This Summer?

Straight talk: if you're a house owner in Waterloo Village and you were hoping to ride a wave of appreciation this summer, the data says that wave isn't here right now. Values are down, the growth rank is near the bottom of the Kingston leaderboard, and the predicted value is trailing the recent moving average.

That doesn't mean don't sell. It means price it right from day one. Overpricing a house in a softening market is the fastest way to sit on it for months and eventually cut the price anyway - often lower than where you should have started.

If you own a condo, the picture is slightly more encouraging. The predicted value is creeping above the moving average, and the decline is more modest at -1.46%. You're not in a hot seller's market, but you're not in freefall either.

For anyone on the fence, the rental numbers are worth a hard look. A house renting at roughly $2,700 per month with a 5.54% yield is a real alternative to selling into a soft market. Sometimes the best move is to wait, collect rent, and let the market find its footing.

Whatever you decide, start with your HonestDoor Price - not last year's assessment. That number is the only one that reflects what Waterloo Village homes are actually worth today.

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.