Centennial Scarborough, Scarborough - August 2026 Real Estate Report

Centennial Scarborough Real Estate: Your Neighbour Just Got a Reality Check

The Vibe Right Now

If you've been watching the "For Sale" signs in Centennial Scarborough, here's what's actually happening. The market is split - and which side you're on depends entirely on what you own.

Houses: Taking a Breather

We're seeing house prices pull back a bit. The average HonestDoor Price for a house here sits at $1,177,146, down 0.71% from last period. The predicted value is $1,185,508, and that number is sliding - it's now below the 3-month moving average of $1,204,871. That's a -1.06% recent change, and on the neighbourhood leaderboard, houses rank 17 out of 25 for growth in Scarborough. That puts us in below-average territory right now, no sugarcoating it.

That said, the income story isn't bad. If you're renting your house out, you're looking at roughly $4,694 to $4,718 per month in estimated rent, with a rental yield of 4.41%. That's a solid return for a detached home in this city. And if short-term rentals are your thing, Centennial Scarborough ranks 5th in Scarborough for Airbnb potential, at around $233 to $234 per night.

• Average HonestDoor Price (House): $1,177,146
• Predicted Market Value: $1,185,508
• 3-Month Moving Average: $1,204,871
• Recent Price Change: -1.06%
• Estimated Monthly Rent: $4,694 - $4,718
• Rental Yield: 4.41%
• Airbnb Estimate: $233 - $234 per night
• Airbnb Rank in Scarborough: 5th
• Growth Rank: 17 out of 25 in Scarborough

Condos: A Different Story Entirely

Here's where it gets interesting for us condo owners. Yes, the average HonestDoor Price dipped 3.43% to $559,988 - that stings a little. But the predicted value tells a more optimistic story: $579,903, and that number is actually climbing above the 3-month moving average of $566,301. Recent change? Up 5.20%. On the neighbourhood leaderboard, Centennial Scarborough condos rank 4th out of 25 in Scarborough. That puts us among the top performers in the city right now.

Compare that to nearby condos - West Hill is at $477,520 to $495,289 and Highland Creek is at $553,547 to $652,952. We're sitting in a competitive spot. Rental income for condos comes in around $2,779 to $2,857 per month, with a 3.68% yield. Not flashy, but steady. Airbnb ranks 2nd in Scarborough for condos, pulling in roughly $138 to $142 per night.

• Average HonestDoor Price (Condo): $559,988
• Predicted Market Value: $579,903
• 3-Month Moving Average: $566,301
• Recent Price Change: +5.20%
• Estimated Monthly Rent: $2,779 - $2,857
• Rental Yield: 3.68%
• Airbnb Estimate: $138 - $142 per night
• Airbnb Rank in Scarborough: 2nd
• Growth Rank: 4 out of 25 in Scarborough

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

Here's the thing most homeowners in Centennial Scarborough don't realize. Your city tax assessment is a snapshot from the past - sometimes years old. It does not reflect what your home is worth today, in this market, with these conditions. The HonestDoor Price is updated in real time, pulling in current sales data and market signals. It's the real-world check against a number the city printed a long time ago.

Right now, with house values shifting and condo momentum building, the gap between your assessment and your actual market value could be significant - in either direction. If you're a house owner, your assessed value might be higher than where the market is heading. If you own a condo, the opposite could be true. Either way, you want to know the real number before someone else does.

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

If you own a house in Centennial Scarborough and you're thinking about listing this summer, the window matters. Prices are softening and the 3-month trend is pointing down. That doesn't mean panic - it means don't wait around hoping for a rebound that isn't showing up in the data yet. Pricing sharp and listing before the fall inventory rush is the smarter play.

If you own a condo, the timing actually looks better. You're in a top-4 growth neighbourhood right now, your predicted value is rising, and you're priced above most nearby competition. That's a decent hand to play heading into summer.

Either way, the first step is the same - check your HonestDoor Price today. Not last year's number. Today's. Because the market doesn't wait for your next assessment, and neither should you.

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.