Cliffcrest, Scarborough - October 2026 Real Estate Report
Cliffcrest, Scarborough: Your Home Is Worth More Than the City Thinks
The Vibe Right Now
If you live in Cliffcrest and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table - or at least walking around with the wrong number in your head. Here's the straight story on what's actually happening on our streets.
Houses: Still a Sellers' Game
The one house that sold here recently went for $1,130,000 - and it sold at 104.73% of list price. That means the buyer paid above asking. In a market where a lot of neighbourhoods are seeing buyers push back, that's a real signal. Properties are moving in about 17 days on average, which is reasonably quick.
The HonestDoor Price for houses sits at $1,425,736 right now. That's down a slight 0.61% from last period - the market is taking a breather, not falling off a cliff. The 3-month moving average is $1,445,406, so we're trending just a touch softer, but we're still sitting near the top of the Scarborough price leaderboard.
- Average HonestDoor Price (Houses): $1,425,736
- Recent price change: -0.61%
- Average sale price: $1,130,000
- Average list price this month: $1,079,000
- Price per square foot: $881
- Sold-to-list ratio: 104.73% - buyers paid over asking
- Average days on market: 17
- Estimated monthly rent: $5,335
- Rental yield: 4.25%
- Airbnb rank in Scarborough: 2 out of top performers
- Price rank in Scarborough: 2nd most expensive out of 12 - we're near the top
- Growth rank: 23 out of 25 - this is the honest part, growth has been slow
On the neighbourhood leaderboard, houses here rank 2nd for price in Scarborough - that's a strong position. But the growth rank of 23 out of 25 is worth watching. It means Cliffcrest houses are expensive and prestigious, but they haven't been climbing as fast as some other pockets of the city lately. Compare that to Kennedy Park at $1,042,184 or Eglinton East at $1,025,166 - we're still well ahead on price, but those areas could close the gap if their momentum picks up.
Condos: Holding Steady With a Quiet Edge
Condo owners, here's your snapshot. The average HonestDoor Price for condos in Cliffcrest is $553,672, down 1.49% from last period. The 3-month moving average is $573,553, so values have dipped a bit from the recent peak. That said, the predicted market value sits at $562,054 - still above nearby Kennedy Park condos at $471,254.
- Average HonestDoor Price (Condos): $553,672
- Recent price change: -1.49%
- Predicted market value: $562,054
- 3-month moving average: $573,553
- Estimated monthly rent: $2,748
- Rental yield: 3.72%
- Airbnb estimate: $136 per night
- Airbnb rank in Scarborough: 4th
- Growth rank: 13 out of 25 - right in the middle of the pack
Condo growth ranks 13th out of 25 comparable neighbourhoods - that's below average but not alarming. If you own a condo here and you're thinking about renting it out, $2,748 a month in estimated rent is a decent return. And if short-term rentals are on your radar, ranking 4th in Scarborough for Airbnb potential is nothing to ignore.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from the past. The Municipal Property Assessment Corporation updates values on a cycle, which means the number on your tax bill could be months or even years behind what your home is actually worth today.
The HonestDoor Price is updated in real time using actual market data. For a Cliffcrest house owner, that's the difference between thinking your home is worth one number and knowing it's sitting at $1,425,736 right now. That gap matters when you're refinancing, selling, or just trying to figure out if your insurance coverage actually reflects reality.
Think of the HonestDoor Price as the real-world check - the number that moves with the market, not the one that catches up to it two years later.
The So What - Thinking About Selling This Summer?
If you're a house owner in Cliffcrest and you're eyeing a summer sale, the conditions are still working in your favour. Buyers are paying over asking. Properties are moving in under three weeks. And you're sitting in the 2nd most expensive neighbourhood for houses in Scarborough - that's a strong starting position.
The honest caveat: growth has been slow lately, ranking near the bottom of the Scarborough leaderboard. If you're waiting for a big price surge before listing, the data isn't promising that right now. Selling into a market where buyers are still paying above list is a better bet than waiting to see if values bounce back sharply.
For condo owners, the picture is a bit more patient. Values have softened slightly from the 3-month average. If you don't need to sell this summer, it's worth watching the next couple of months. If you do need to move, the rental demand is real - $2,748 a month in estimated rent means holding and renting is a legitimate option while you wait for the right moment.
Either way, the first step is knowing your actual number. Check your HonestDoor Price before you call an agent, before you set a list price, and before you assume the city's assessment tells the whole story. It doesn't.
cliffcrest | scarborough | 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.