Cliffcrest, Scarborough - August 2026 Real Estate Report

Cliffcrest Is Holding Its Ground - Here Is What Your Home Is Actually Worth Right Now

If you live in Cliffcrest and you have not checked your home value lately, you are probably leaving money on the table. This corner of Scarborough is quietly punching above its weight, and the numbers back it up. Here is the straight story on what is happening to prices, how fast homes are moving, and what it all means if you are thinking about making a move this summer.

The Vibe - Houses vs. Condos in Our Neighbourhood

Let us start with houses, because that is where the real action is. The average sale price for a house in Cliffcrest is sitting at $1,130,000, and listings are coming in around $1,079,000 this month. Here is the part that should get your attention - homes are selling at 104.73% of list price. That means buyers are not just meeting the asking price, they are going over it. That is a sellers' market, full stop.

• Average house sale price: $1,130,000
• Average listing price this month: $1,079,000
• Sale-to-list ratio: 104.73% - sellers are winning at the negotiating table
• Average days on market: 17 days
• Price per square foot: $881
• Predicted market value (houses): $1,459,742
• 3-month moving average: $1,443,246 - the trend is moving up
• Estimated monthly rent: $5,420 with a rental yield of 4.24%
• Recent value change: up 1.98%

On the condo side, we are seeing a different story. The HonestDoor Price for condos has dipped 8.40% from the previous period, landing at an average of $553,907. That is a real cooldown worth watching. The predicted market value sits at $604,699, which is up from the 3-month moving average of $591,878 - so there is a floor forming. Condos here are still pulling in an estimated $2,748 per month in rent, which is not bad for a moderate-sized investment.

• Average condo HonestDoor Price: $553,907 - down 8.40% from last period
• Predicted condo market value: $604,699
• 3-month moving average: $591,878
• Estimated monthly rent: $2,945 with a rental yield of 3.63%
• Recent condo value change: up 1.73%

One more thing worth flagging - Cliffcrest ranks number 1 in Scarborough for Airbnb potential on houses, pulling in an estimated $267 per night. If you have a property here and you are not thinking about short-term rental income, that is a conversation worth having.

The Neighbourhood Leaderboard - Where Cliffcrest Actually Stands

Here is a stat that does not get talked about enough. For houses, Cliffcrest ranks 4 out of 25 comparable Scarborough neighbourhoods for growth rate. That puts us in the top tier - not just above average, genuinely near the top of the leaderboard. On price, we rank 2 out of 12, meaning Cliffcrest is among the most expensive addresses in Scarborough. Days on market ranks 5 out of 11, which means homes here move moderately fast - faster than most of the competition.

Compare that to our neighbours. Kennedy Park houses average $1,025,662. Scarborough Village comes in at $1,345,112. Eglinton East sits at $1,010,509. Every one of them is cheaper than Cliffcrest. That price premium is not random - it reflects what buyers think this neighbourhood is worth.

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

Here is the thing about your city tax assessment - it is a snapshot from the past. The Municipal Property Assessment Corporation updates values on a cycle that can lag real market conditions by years. Meanwhile, your actual home value has been moving. The HonestDoor Price is updated in real time using current sales data, market trends, and neighbourhood comparables. It is the number that reflects what a buyer would actually put on the table today, not what a government formula calculated two years ago.

For Cliffcrest house owners, the HonestDoor Price is averaging $1,441,734. The predicted market value for houses is $1,459,742 and it is trending upward against the 3-month average. If you are relying on your assessment notice to understand your equity position, you are working with old information. The HonestDoor Price is your real-world check - and right now, it is telling a more optimistic story than most people expect.

The So What - Should You Sell This Summer?

If you own a house in Cliffcrest and you have been sitting on the fence, the conditions right now are about as good as it gets. Homes are selling above asking. The average days on market is just 17 days. Buyers are competing. That is the combination every seller wants to see walking into summer.

The honest caveat - only one house sale was recorded in the data window we are looking at, so this is a tight market with limited inventory. That actually works in a seller's favour. Less competition from other listings means more attention on your property.

For condo owners, the picture calls for a bit more patience. The 8.40% dip in HonestDoor Price is worth taking seriously. The predicted value is recovering, but if you are thinking about selling a condo, timing matters more right now. Watch the next 60 to 90 days before committing.

Bottom line - Cliffcrest is one of Scarborough's stronger bets heading into summer. Check your HonestDoor Price, know your real number, and make decisions based on what the market is actually doing 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.