Westmount, London - October 2026 Real Estate Report
Westmount, London: Your House Is Worth More Than The City Thinks
The Vibe Right Now
If you own a house in Westmount, things are quietly moving in your favour. The market is not on fire, but it is not sitting still either. Condo owners, on the other hand, need to pay attention - the numbers are telling a different story.
Houses - Steady Wins The Race
The average HonestDoor Price for a Westmount house sits at $806,098, up 1.75% from the previous period. That is not a headline-grabbing jump, but steady growth in a market that is taking a breather across most of Ontario is actually a win. The predicted market value is $792,201, and that number is climbing - it is up from the 3-month moving average of $784,817. The direction matters as much as the number.
- Average HonestDoor Price: $806,098 (up 1.75%)
- Average sale price: $735,000
- Current listings averaging: $739,900
- Price per square foot: $262
- Homes selling at 99.34% of list price - buyers are not overpaying, but sellers are not getting crushed either
- Average days on market: 15
- Estimated monthly rent: $3,543 - $3,584
- Rental yield: 5.10% - that is a strong return
Here is the neighbourhood leaderboard stat worth sharing at your next backyard get-together: Westmount houses rank 7 out of 41 London neighbourhoods for growth. Top 20% in the city. We are not just holding our own - we are outpacing most of London.
On price, we rank 8 out of 20 comparable neighbourhoods - solidly above average. And homes here are moving at a decent clip, ranking 6 out of 12 for days-on-market speed. That means buyers are showing up and making decisions.
How do we stack up against the neighbours? Bostwick houses average $684,457 - noticeably cheaper. Byron is nearly identical at $806,235. Talbot is the luxury outlier at $1,094,774. Westmount sits in a sweet spot - premium without being out of reach.
Condos - Time To Watch Closely
We will be straight with you here. The condo side of Westmount is taking a breather - and not the good kind. The average HonestDoor Price for a condo is $367,130, down 3.06% from the previous period. The predicted market value of $378,712 is also sliding, sitting below the 3-month moving average of $385,748.
- Average HonestDoor Price: $367,130 (down 3.06%)
- Predicted market value: $378,712
- 3-month moving average: $385,748 - values are dipping below this line
- Estimated monthly rent: $1,870 - $1,923
- Rental yield: 4.05% - moderate, not exceptional
- Recent value change: -2.14%
The leaderboard ranking here is less flattering - 20 out of 38 London neighbourhoods for condo growth. Right in the middle of the pack, trending downward. Worth noting: nearby Bostwick, Byron, and Talbot condos are all priced higher than Westmount condos right now. If you own a condo here, that gap is something to keep an eye on.
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 the past. The city looks at sale data from a fixed point in time and locks in a number that can sit unchanged for years. Meanwhile, your actual home value has been moving - up 1.75% for houses in just the last period alone.
The HonestDoor Price is a real-world check. It pulls from current market activity and updates regularly, so it reflects what a buyer would actually pay for your home today - not what the city decided it was worth two years ago. For a Westmount house owner, that difference right now could be tens of thousands of dollars. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you want in front of you.
So What Does This Mean If You Are Thinking About Selling This Summer?
For house owners, the timing is reasonable. Homes are selling at 99.34% of list price, which means if you price it right, you are not leaving much on the table. The 15-day average days-on-market tells us buyers are engaged - this is not a market where your home sits and collects dust. A well-priced Westmount house this summer should find a buyer without a long wait.
The key word is "priced right." With the average sale price at $735,000 and listings sitting at $739,900, the gap between asking and selling is tight. Buyers are informed. They are not stretching beyond what the numbers support.
For condo owners, the honest advice is this: if you do not need to sell right now, it may be worth waiting to see if the current dip stabilizes. Values are trending below the 3-month average, and that is a signal worth respecting. If you do need to move, price aggressively from day one - do not chase the market down.
Either way, pull your HonestDoor Price before you have a single conversation with an agent. Walk into that meeting knowing your number, not guessing at it.
westmount | london | 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.