Highland Creek, Scarborough - July 2026 Real Estate Report

Highland Creek, Scarborough: What Your Home Is Actually Worth Right Now

If you live in Highland Creek and you haven't checked your HonestDoor Price lately, you're probably working off a number that doesn't reflect reality. Here's the straight talk on what's happening in our corner of Scarborough.

The Vibe: Houses vs. Condos

We're in a split market right now, and the house side and condo side are telling two very different stories.

Houses: The average HonestDoor Price for a house here sits at $1,405,759 - up 0.83% from the previous period. That's a modest nudge, not a surge. The predicted market value is $1,394,246, and that number is actually slipping a bit below the 3-month moving average of $1,412,815. Property values have dipped 2.76% recently. So while we're still sitting at the top of the Scarborough price leaderboard - ranked 1 out of 11 neighbourhoods for price - the momentum has cooled. The one house that sold last month went for $1,200,000, which was 94.64% of its list price. Buyers are negotiating. That's the market telling you something.

The good news? Houses here are moving. Average days on market was just 9 days, which ranks us 3 out of 11 in Scarborough for speed. When a well-priced house hits the market, people show up.

Condos: The HonestDoor Price for condos jumped 17.21% to $675,060. That's a big headline number. But look closer - the predicted market value is $575,943, and property values have actually changed by -5.24% recently. The growth rank for condos is 24 out of 25 in Scarborough. That puts us near the bottom of the neighbourhood leaderboard for condo growth. The 17.21% HonestDoor bump reflects a recalibration, not a hot streak. Worth knowing before you make any moves.

• House HonestDoor Price: $1,405,759 (up 0.83%)
• House predicted market value: $1,394,246
• House 3-month moving average: $1,412,815
• House recent value change: -2.76%
• House growth rank: 20 out of 24 in Scarborough
• House price rank: 1 out of 11 in Scarborough (most expensive)
• Average days on market: 9 days
• Sale-to-list ratio: 94.64%
• Condo HonestDoor Price: $675,060 (up 17.21%)
• Condo predicted market value: $575,943
• Condo recent value change: -5.24%
• Condo growth rank: 24 out of 25 in Scarborough

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 city runs its numbers on a cycle, and by the time that letter hits your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather and stepping outside right now.

For Highland Creek homeowners, this gap matters. Our houses are ranked the most expensive in Scarborough - 1 out of 11 - but the predicted value is currently running below the 3-month average. If you're relying on a government assessment to know what your home is worth, you could be off by tens of thousands of dollars in either direction. The HonestDoor Price gives you the real-world check before you make any big decisions.

On the rental side, a house here can pull an estimated $5,294 per month in rent, with a rental yield of 4.17%. That's a solid return for anyone thinking about their property as an income asset. Condos come in at an estimated $3,185 per month. And if short-term rentals are on your radar, Highland Creek ranks 3rd in Scarborough for Airbnb potential - houses at an estimated $263 per night, condos at $158 per night.

The So What: Thinking About Selling This Summer?

If you own a house in Highland Creek and you're thinking about listing this summer, the window is real but it requires a sharp price. Buyers are paying 94.64% of list - not full price. That means overpricing by even $50,000 could cost you more than just time. Price it right and you'll likely be under contract in under two weeks. Price it with wishful thinking and you'll be watching it sit.

Our growth rank of 20 out of 24 in Scarborough means we're not the hottest neighbourhood on the leaderboard right now. But we are the most expensive - and that price premium is real. Nearby West Hill averages $995,923 and Rouge sits at $1,068,528. Highland Creek commands a significant premium over both. That's your leverage as a seller.

For condo owners, be honest with yourself. A growth rank of 24 out of 25 means the wind is not at your back right now. If you need to sell, price competitively. If you can hold, watch the next few months before deciding.

Bottom line - check your HonestDoor Price before you do anything else. It's the most current number you have, and in this market, current is everything.

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.