HonestDoor

    Cliffcrest, Scarborough - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Scarborough, Cliffcrest

    Cliffcrest Is Quietly One of Scarborough's Best-Kept Secrets Right Now

    If you own a home in Cliffcrest and you haven't checked your property value lately, you're probably sitting on more than you think. This neighbourhood is punching well above its weight, and the numbers back it up.

    The Vibe: What's Actually Happening on Our Streets

    Let's break it down by property type, because houses and condos are telling two different stories right now.

    Houses in Cliffcrest

    The average HonestDoor Price for a house here is $1,459,742 - up nearly 2% from the previous period. That's not a fluke. The predicted market value sits at $1,431,416, which is climbing past the 3-month moving average of $1,415,673. The trend is pointing up.

    • Average sale price: $1,130,000
    • Average list price this month: $1,079,000
    • Price per square foot: $881
    • Homes are selling at 104.73% of list price - buyers are paying over asking
    • Average days on market: 17
    • Estimated monthly rent: $5,349
    • Rental yield: 4.26%
    • Airbnb potential: $269 per night - ranked No. 1 in all of Scarborough for short-term rental income

    That 104.73% sale-to-list ratio is the stat we should all be paying attention to. It means buyers in Cliffcrest aren't just meeting the asking price - they're fighting for these homes. That's a sellers' market, plain and simple.

    On the neighbourhood leaderboard, Cliffcrest houses rank 3rd out of 24 neighbourhoods in Scarborough for growth. Top 15% in the entire district. We also rank 2nd out of 11 for price, meaning we're among the most valuable addresses in Scarborough. Days on market ranks 5th out of 11 - properties here move moderately fast, which keeps things competitive without being chaotic.

    Condos in Cliffcrest

    Condos here are having a strong run too. The average HonestDoor Price is $604,699, up 1.73% from the previous period. The predicted market value is $594,434 - well above the 3-month moving average of $562,908. That gap tells us momentum is building, not fading.

    • HonestDoor Price: $604,699 (up 1.73%)
    • Predicted market value: $594,434
    • 3-month moving average: $562,908
    • Recent value change: +3.11%
    • Estimated monthly rent: $2,899
    • Rental yield: 3.65%
    • Airbnb potential: $146 per night

    That 3.11% recent value change is the headline for condo owners. On the neighbourhood leaderboard, Cliffcrest condos rank 2nd out of 25 in Scarborough for growth. Second out of twenty-five. That's not a neighbourhood taking a breather - that's a neighbourhood on a run.

    The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

    Here's the thing about your city tax assessment - it's a snapshot from the past. It doesn't know what happened on your street last month. It doesn't factor in that buyers are paying over asking right now, or that Cliffcrest is sitting near the top of Scarborough's growth rankings.

    The HonestDoor Price is updated in real time. It pulls in current sales data, market trends, and what comparable homes are actually fetching today. For houses, that number is $1,459,742. For condos, it's $604,699. Those figures reflect the market as it stands right now - not where it was a year or two ago when your assessment was last updated.

    If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to start with. Your tax assessment is a government document. The HonestDoor Price is a real-world check.

    Compare that to our neighbours. Kennedy Park houses are averaging $1,043,622. Scarborough Village sits at $1,380,718. Eglinton East comes in at $992,375. Cliffcrest houses at $1,459,742 are the most expensive of the group - and still growing. For condos, the same story holds. Kennedy Park is at $463,682, Scarborough Village at $450,557, Eglinton East at $477,371. Our $604,699 condo average leads the pack by a wide margin.

    The So What - Should You Sell This Summer?

    If you've been on the fence, here's the honest take.

    Buyers in Cliffcrest are paying over asking. Homes are moving in 17 days. The HonestDoor Price is up nearly 2% for houses and 1.73% for condos. The predicted values are climbing past their 3-month averages. And we're sitting near the top of Scarborough's growth leaderboard.

    That combination - strong demand, fast sales, rising values, and a premium price position against nearby neighbourhoods - is about as good a setup for a seller as you're going to find right now.

    If you're a house owner thinking about listing this summer, the market is working in your favour. If you own a condo, that 3.11% recent growth and a top-2 ranking in Scarborough suggest your timing is solid too.

    The one thing you don't want to do is price based on an old assessment. Pull your HonestDoor Price first. That's your real starting point.

    cliffcrest | scarborough | july 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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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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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.


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