Highland Creek, Scarborough - August 2026 Real Estate Report

Highland Creek, Scarborough: Your Neighbour Just Asked What Their House Is Worth. Here's the Real Answer.

If you live in Highland Creek and you haven't checked your property value lately, now is the time. The city's tax assessment is sitting in a drawer somewhere, quietly getting more outdated by the month. The numbers below tell a more honest story.

The Vibe: What's Actually Happening on Our Streets

Highland Creek is holding its ground as one of the pricier pockets in Scarborough - and the data backs that up. Here's the split between houses and condos right now.

Houses in Highland Creek

If you've been watching the "For Sale" signs around here, the house market is steady but clearly favouring buyers at the moment. The one sale we saw closed at 94.64% of list price, meaning the seller left some money on the table. That's the definition of a buyers' market - not a crash, just a shift in who has the leverage.

• Average HonestDoor Price: $1,405,106
• Average Sale Price: $1,200,000
• Current Listings Averaging: $1,268,000
• Price Per Square Foot: $453
• Average Days on Market: 9 days
• Sale-to-List Ratio: 94.64% - buyers are negotiating successfully
• Estimated Monthly Rent: $5,292
• Rental Yield: 4.17%
• Airbnb Estimate: $263 per night - ranked 2nd in all of Scarborough
• Neighbourhood Growth Rank: 9 out of 25 in Scarborough - above average
• Price Rank: 1 out of 12 - the most expensive in its class in Scarborough

Nine days on market is fast. That tells us buyers are still showing up for the right house at the right price. The 3-month predicted value sits at $1,405,943, which is just slightly off the moving average of $1,411,491 - a small dip, not a warning sign. Think of it as the market catching its breath.

Compare us to the neighbours: West Hill is averaging $988,083 and Rouge is at $1,061,508. Highland Creek is running roughly $300,000 to $400,000 ahead of both. That gap is real, and it reflects what our streets, schools, and location actually deliver.

Condos in Highland Creek

The condo picture is more interesting - and honestly, more exciting for owners who've been patient. The HonestDoor Price shows a recent dip of 15.22% to $553,547, but here's the flip side: the predicted market value is $652,952, and that number is climbing above the 3-month moving average of $595,117. That's an 18.39% change in property values recently.

• Average HonestDoor Price: $553,547
• Predicted Market Value: $652,952
• 3-Month Moving Average: $595,117 - and we're trending above it
• Estimated Monthly Rent: $2,731 to $3,185
• Rental Yield: 3.53%
• Airbnb Estimate: $136 per night - ranked 4th in Scarborough
• Growth Rank: 1 out of 25 in Scarborough - the top performer

That growth rank is worth repeating. Out of 25 comparable neighbourhoods in Scarborough, Highland Creek condos rank number one for growth right now. That's not a small thing. Nearby Centennial Scarborough's predicted condo value sits at $579,903 - we're running ahead of that too.

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. It doesn't know what sold on your street last month. It doesn't factor in what buyers are actually paying right now. It's basically a photo from a few years ago being used to describe what you look like today.

The HonestDoor Price is updated in real time using actual market activity. For a Highland Creek house, that's $1,405,106. For a condo, it's $553,547 - with a predicted value pushing toward $652,952. Those are the numbers a buyer's agent is looking at when they walk through your door. You should be looking at them too.

If you're making any financial decision - refinancing, selling, even just figuring out your net worth - the HonestDoor Price is the real-world check that your tax assessment simply cannot give you.

The So What: Thinking About Selling This Summer?

Here's the straight talk for anyone considering listing this summer.

For house sellers: the market is active but buyers have options. That 94.64% sale-to-list ratio means pricing sharp matters. Come in too high and you'll sit. Come in right and nine days later you're done. With Highland Creek ranked the most expensive in its class in Scarborough, you have a strong story to tell - just let the numbers do the talking, not wishful pricing.

For condo sellers: the timing looks genuinely interesting. A growth rank of 1 out of 25 in Scarborough means momentum is on your side right now. The predicted value is running ahead of the recent average. If you've been waiting for a signal, this is a reasonable one to pay attention to.

Either way, start with your HonestDoor Price. Know your number before anyone else does. That's how you walk into a negotiation with confidence instead of guesswork.

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.