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      Willowridge Martingrove Richview, Etobicoke - October 2026 Real Estate Report

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

      Etobicoke, Willowridge Martingrove Richview

      Willowridge Martingrove Richview: Your Neighbour Just Got a Price Update. Did You?

      If you own a home in Willowridge Martingrove Richview and the last number you checked was your city tax assessment, you are probably looking at stale data. Here is what is actually happening on the ground right now.

      The Vibe: What Our Market Is Doing

      Let us split this into two honest conversations - one for house owners, one for condo owners - because they are telling pretty different stories right now.

      Houses: Steady, Not Flashy

      Our house market is taking a breather. That is not a bad thing - it just means buyers have a little more room to breathe too.

      • Average sale price: $1,105,000 - essentially flat from last month
      • Active listings are averaging $1,148,800
      • Homes are selling at 96.19% of list price - buyers are paying below ask
      • Average days on market: 18 days
      • Price per square foot: $491
      • Rental estimate: $4,862 per month
      • Airbnb potential: $242 per night

      That 96.19% sale-to-list ratio is the number to watch. It tells us sellers who price sharp are still moving properties in under three weeks. Sellers who price with wishful thinking are sitting. The gap between the $1,148,800 average list price and the $1,105,000 average sale price is exactly that wishful thinking showing up in the data.

      On the neighbourhood leaderboard, our houses rank 7 out of 18 for growth in Etobicoke - solidly above average. Days on market ranks 4 out of 11, meaning we sell moderately fast compared to the rest of Etobicoke. And for price? We rank 10 out of 10 - the most affordable house market in the comparison set. For buyers, that is a feature. For sellers, it means pricing strategy matters more here than in pricier pockets.

      How do we stack up against the neighbours? Kingsview Village The Westway houses average $1,345,609. Princess Rosethorn sits at $1,714,950. Humber Heights Westmount comes in at $1,643,150. We are the entry point into this part of Etobicoke - and that has real value for attracting buyers who got priced out elsewhere.

      Condos: A Dip Worth Watching

      The condo side is a slightly different story. The average HonestDoor Price for condos here is $545,854, which is down 2.16% from the previous period. That is a real move and worth paying attention to if you own one.

      • HonestDoor Price: $545,854 (down 2.16%)
      • Predicted market value: $520,720
      • 3-month moving average: $505,951 - and the trend is climbing
      • Rental estimate: $2,710 per month
      • Rental yield: 3.79%
      • Airbnb potential: $135 per night
      • Recent value change: up 4.77%

      Here is the interesting part. Even though the HonestDoor Price dipped, the predicted value of $520,720 is sitting above the 3-month moving average of $505,951 and is trending upward. That 4.77% recent value change ranks 6 out of 20 condos markets in Etobicoke - above average growth. So the short-term blip and the medium-term direction are pointing in opposite ways. That is worth watching closely over the next 60 days.

      Compared to nearby condo markets, we are actually ahead. Kingsview Village The Westway condos average $502,978 and Princess Rosethorn sits at $504,832. Our condos are priced higher and growing faster. That is a decent position to be in.

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

      Here is the thing about your city assessment - it is a snapshot from the past. It gets updated on a schedule that has nothing to do with what a buyer would actually pay you today. The HonestDoor Price is a real-time estimate that moves with the market, not with a government calendar.

      For houses in Willowridge Martingrove Richview, the HonestDoor Price is $1,241,351 - up 1.85% from the previous period. The predicted market value for houses sits at $1,222,489, which is already above the 3-month moving average of $1,213,809. Those numbers are moving. Your tax assessment almost certainly is not.

      If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check. It is the number that reflects what is happening in our neighbourhood right now, not 18 months ago.

      The So What: Thinking About Selling This Summer?

      If you are a house owner here and thinking about listing this summer, the data is giving you a clear message. Buyers are active - 18 days on market is not slow. But they are disciplined. That 96.19% sale-to-list ratio means they are not panicking and they are not overpaying. Price your home at $1,148,800 and you should expect offers closer to $1,105,000. Price it right from day one and you move it. Price it high hoping someone blinks and you will be reducing in 30 days.

      The rental yield on houses sits at 4.38% and the Airbnb rank for houses is 8 in Etobicoke. If your summer sale does not go as planned, holding and renting is a legitimate backup. At $4,862 per month in estimated rent, the numbers are not embarrassing.

      For condo owners, the short-term dip in the HonestDoor Price is worth a conversation before you list. The medium-term trend is positive and the growth rank of 6 out of 20 in Etobicoke is genuinely solid. If you do not need to sell right now, the trajectory suggests patience has some upside. If you do need to sell, price sharp - the market rewards it.

      Bottom line: Willowridge Martingrove Richview is the most affordable house entry point in this corner of Etobicoke, our condos are outgrowing the neighbours, and the rental income potential here is real. Check your HonestDoor Price before you make any move. It is the number that is actually keeping up with the market.

      willowridge martingrove richview | etobicoke | 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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