Cliffcrest, Scarborough - September 2026 Real Estate Report

Cliffcrest, Scarborough: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you live on one of those quiet streets backing onto the Bluffs, here is what is actually happening with prices in Cliffcrest. The market is not crashing. It is not on fire either. It is doing that thing where it catches its breath - and how you read that depends entirely on whether you are buying or selling.

Houses - Still a Sellers' Game, But Watch the Trend

The last house that sold in our neighbourhood went for $1,130,000 - and it sold for 104.73% of the asking price. That means the buyer paid above list. In plain English, there was competition. Properties are moving in about 17 days on average, which is not slow by any measure.

That said, the HonestDoor Price for houses sits at $1,434,479 right now, and it has dipped 0.51% from the previous period. The 3-month predicted value is $1,441,865, which is also edging down from the $1,444,435 moving average. Nothing dramatic - but the direction is worth noting if you are timing a sale.

• Average HonestDoor Price (Houses): $1,434,479
• Recent price change: -0.51%
• 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 are paying over ask
• Average days on market: 17
• Estimated monthly rent: $5,356
• Rental yield: 4.25%
• Growth rank: 20 out of 25 neighbourhoods in Scarborough
• Price rank: 2 out of 12 - among the most expensive in Scarborough

On the neighbourhood leaderboard, Cliffcrest houses rank 20th out of 25 for growth in Scarborough. We are near the top for price - second most expensive - but growth has been sluggish. That gap matters if you are holding long-term.

For landlords or anyone thinking about renting out, the estimated rent of $5,356 a month with a 4.25% yield is a reasonable return for this price range. The Airbnb picture is even more interesting - Cliffcrest ranks number 1 in Scarborough for short-term rental potential, with an estimated $266 per night.

Condos - A Steeper Slide Worth Watching

The condo story in Cliffcrest is a bit more complicated. The HonestDoor Price for condos is $562,054, and it has actually ticked up 1.47% recently - which sounds good. But the predicted value of $553,907 is sitting well below the 3-month moving average of $584,347. That is a gap of about $30,000, and the recent price change of -8.40% puts condos at rank 22 out of 25 for growth in Scarborough.

• Average HonestDoor Price (Condos): $562,054
• Recent HonestDoor change: +1.47%
• Predicted market value: $553,907
• 3-month moving average: $584,347
• Recent value change: -8.40%
• Estimated monthly rent: $2,779
• Rental yield: 3.73%
• Airbnb estimate: $138 per night
• Growth rank: 22 out of 25 in Scarborough
• Still pricier than nearby Kennedy Park condos at $453,815

We are still more expensive than Kennedy Park, Scarborough Village, and Eglinton East for condos - but those neighbourhoods are closing the gap when you look at where growth is heading. If you own a condo here, this is not a panic moment. It is a "pay attention" moment.

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

Here is the thing about your city assessment. It is a snapshot from the past. The Municipal Property Assessment Corporation updates values on a cycle that can lag real market moves by years. By the time that number lands in your mailbox, the market has already moved - sometimes significantly.

The HonestDoor Price is updated in real time using actual sales data, listing activity, and market signals from right now. For a Cliffcrest house owner, the difference between a stale government assessment and a current HonestDoor Price of $1,434,479 could be hundreds of thousands of dollars. That gap is not just a number on a screen - it affects how you price a listing, how you negotiate, and how much equity you actually have access to.

Check your HonestDoor Price before you talk to any agent. Walk into that conversation knowing your real-world number, not a government estimate that was built for tax purposes, not selling purposes.

So What Does This Mean If You Are Thinking About Selling This Summer?

For house sellers, the window is still open - but it is not wide open forever. Buyers are still paying over asking, and 17 days on market means well-priced homes are moving. The key word is "well-priced." With values dipping slightly and growth ranking near the bottom half of Scarborough neighbourhoods, overpricing is a real risk right now. Come in sharp and let the competition do the work for you.

For condo sellers, summer 2025 calls for a clear-eyed strategy. The -8.40% recent change and a bottom-tier growth rank mean you are not in a position to test the market with a wishful price. Know your HonestDoor Price, price competitively against Kennedy Park and Eglinton East, and move before the fall market adds more inventory to compete with.

Either way, Cliffcrest is still one of the priciest addresses in Scarborough. That is a real advantage. Use it wisely.

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.