Kennedy Park, Scarborough - August 2026 Real Estate Report

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

The Vibe Right Now

If you've been watching the "For Sale" signs in Kennedy Park lately, here's what's actually happening. The market is taking a breather - but don't confuse a small dip with a bad deal. Houses are sitting at an average HonestDoor Price of $1,025,662, and condos are at $453,815. Both property types slipped slightly from the previous period, but the forward-looking numbers tell a more interesting story for us here in the neighbourhood.

Houses - Strong Bones, Strong Numbers

The predicted market value for a Kennedy Park house is $1,043,622 - already climbing past the 3-month moving average of $1,026,373. That upward momentum matters. Property values have moved 2.43% recently, and that puts us at rank 3 out of 25 comparable neighbourhoods in Scarborough. That is a top-performer position on the neighbourhood leaderboard, and it is not an accident.

• Average HonestDoor Price: $1,025,662
• Predicted Market Value: $1,043,622
• Recent Growth: 2.43%
• Scarborough Growth Rank: 3 out of 25
• Average Rental Estimate: $4,284 per month
• Rental Yield: 4.66%
• Airbnb Potential: $215 per night
• Airbnb Rank in Scarborough: 11

For context, our neighbours in Ionview are averaging $964,377 and Clairlea-Birchmount is at $1,145,290. Kennedy Park sits comfortably in the middle - but with a growth rank of 3, we are closing that gap faster than most.

Condos - Steady, Not Flashy

Condo owners, your numbers are more modest but still moving in the right direction. The predicted market value of $463,682 is nudging above the 3-month moving average of $460,140. A 2.12% recent change and a growth rank of 9 out of 25 puts Kennedy Park condos in above-average territory across Scarborough. Not the top of the leaderboard, but solidly ahead of the pack.

• Average HonestDoor Price: $453,815
• Predicted Market Value: $463,682
• Recent Growth: 2.12%
• Scarborough Growth Rank: 9 out of 25
• Average Rental Estimate: $2,330 per month
• Rental Yield: 3.90%
• Airbnb Potential: $118 per night
• Airbnb Rank in Scarborough: 14

Nearby Eglinton East condos are averaging $469,013 and Clairlea-Birchmount is at $538,146. If you own a condo here and have been assuming your value is lagging, check again.

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

Here is the thing about city assessments - they are snapshots from the past. The Municipal Property Assessment Corporation updates values on a cycle that can leave homeowners working with numbers that are years out of date. Your HonestDoor Price is a real-time estimate that reflects what buyers are actually paying right now, not what someone calculated two or three years ago.

For Kennedy Park house owners, the gap between the city's static assessment and the HonestDoor predicted value of $1,043,622 could represent tens of thousands of dollars in equity you did not know you had. That is real money sitting in your walls. Knowing that number is not just interesting - it changes how you negotiate, how you plan, and how you decide whether this summer is your summer to sell.

The So What - Should You Sell This Summer?

If you own a house in Kennedy Park and you have been on the fence, the data is giving you a nudge. A growth rank of 3 out of 25 in Scarborough means buyers are paying attention to this neighbourhood. Predicted values are already trending above the recent average. Rental demand is real - $4,284 per month in estimated rent means investors are circling too, which keeps competition for listings healthy.

For condo owners, the picture is decent but a little more patient. Values are growing, but the rental yield of 3.90% and a mid-pack growth rank suggest you are not leaving money on the table by waiting another season either. The decision comes down to your personal timeline, not a panic move.

Bottom line - before you call an agent or set a list price, pull your HonestDoor Price. It is the real-world check that tells you where you actually stand, not where the city guessed you stood a few years back. In a neighbourhood ranked 3rd for growth in all of Scarborough, that number might surprise you.

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.