If you own a home in Waterloo Village and the last number you checked was your city tax assessment, you are likely sitting on a stale figure. Here is what the market is actually doing right now.
Let us start with houses, because the story here is genuinely good. The average HonestDoor Price for a house in Waterloo Village sits at $557,740, up 1.08% from the previous period. The predicted market value is $551,801, and that number is climbing - it is already ahead of the 3-month moving average of $548,993. Property values have moved 1.83% recently, and on the neighbourhood leaderboard, Waterloo Village houses rank 6th out of 45 comparable neighbourhoods in Kingston. That is a top-tier result. We are not just keeping pace - we are leading.
Condos tell a slightly different story. The average HonestDoor Price is $330,515, up a solid 4.16% from the previous period. However, the predicted market value of $317,314 is sitting just below the 3-month moving average of $319,737, and the recent value change is -0.34%. The condo market here is taking a breather. The growth rank is 21st out of 44 - above average, but not the sprint we are seeing on the house side. Still, at $330,515, Waterloo Village condos are priced well above nearby Meadowbrook ($269,767) and Gardiners ($217,775), which tells you something about how buyers see this neighbourhood.
Here is the thing about your city assessment - it is a snapshot from the past. It does not know that house prices in Waterloo Village just moved 1.83% in a short window. It does not know that we rank 6th out of 45 neighbourhoods for growth. It is working with old data, and in a market that is actively moving, old data costs you money.
The HonestDoor Price is a real-time estimate. It pulls from current sales, current trends, and what buyers are actually paying right now - not what they were paying when the assessment was last run. If you are a homeowner in Waterloo Village and you have not checked your HonestDoor Price recently, you are essentially driving with an old map. The road has changed.
For house owners especially, the gap between your assessment and your HonestDoor Price could be meaningful. With a predicted value of $551,801 and momentum pushing upward, the real-world number is likely ahead of whatever the city last told you.
If you own a house in Waterloo Village and you have been thinking about listing, the data is pointing in your direction. A top-6 growth ranking out of 45 Kingston neighbourhoods is not a small thing. Buyers looking at Gardiners ($633,405 average) or Cataraqui North ($715,717 average) are paying significantly more. Waterloo Village still offers relative value, which means demand is not going away.
A rental yield of 5.54% on houses also means investors are watching this neighbourhood. That is competition for your listing - in a good way.
For condo owners, the picture is more measured. The slight dip in predicted value and the below-average 3-month trend suggest waiting for a clearer upswing is not a bad call. That said, a 4.16% increase in the HonestDoor Price shows the long-run direction is still positive. If you need to move, the market is not punishing you. If you can wait, a little patience could help.
Bottom line - check your HonestDoor Price today. It takes two minutes and it gives you the real number, not the government's best guess from a year ago. In a neighbourhood ranked this high for growth, knowing your actual value is the smartest move you can make before summer listings heat up.
waterloo village | kingston | 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.