Kennedy Park, Scarborough - July 2026 Real Estate Report

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

If you own a place in Kennedy Park and the last number you checked was your property tax assessment, you are leaving real money on the table. Here is what is actually happening on the ground right now.

The Vibe: What the Market Is Doing for Us Right Now

Kennedy Park is holding its own. Houses are the clear story here - we are sitting at an average HonestDoor Price of $1,043,622, up 2.43% from the previous period. That is not a spike, but it is steady, confident movement. The predicted market value for houses sits at $1,018,886, and it is climbing above the 3-month moving average of $1,012,591. That upward trend matters.

On the neighbourhood leaderboard, Kennedy Park houses rank 2 out of 24 comparable neighbourhoods in Scarborough for growth. That is a top-tier result. We are not just keeping pace - we are near the front of the pack.

• Average House HonestDoor Price: $1,043,622
• House Price Change: up 2.43%
• Predicted House Value: $1,018,886
• 3-Month Moving Average (Houses): $1,012,591
• House Growth Rank in Scarborough: 2 out of 24
• Estimated Monthly Rent (Houses): $4,335
• Rental Yield (Houses): 4.70%
• Airbnb Estimate (Houses): $215 per night
• Airbnb Rank in Scarborough (Houses): 12 out of comparable areas

Condos are a different conversation. The average HonestDoor Price is $463,682, up 2.12% from the previous period. But the predicted value recently dipped 1.87%, and the growth rank sits at 17 out of 25 neighbourhoods - below average for Scarborough. That does not mean condos are in trouble, but it does mean house owners and condo owners are playing two very different games right now.

• Average Condo HonestDoor Price: $463,682
• Condo Price Change: up 2.12%
• Predicted Condo Value: $454,045
• 3-Month Moving Average (Condos): $450,498
• Condo Growth Rank in Scarborough: 17 out of 25
• Estimated Monthly Rent (Condos): $2,370
• Rental Yield (Condos): 3.92%
• Airbnb Estimate (Condos): $118 per night
• Airbnb Rank in Scarborough (Condos): 14 out of comparable areas

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not update in real time, and it does not care that Kennedy Park houses just ranked 2nd in Scarborough for growth. The HonestDoor Price is a live, data-driven estimate that reflects what buyers are actually paying right now, not what a government office calculated months or years ago.

For house owners in Kennedy Park, that gap between the static assessment and the HonestDoor Price of $1,043,622 could be significant. If you are making any decision - refinancing, selling, even just figuring out your net worth - the HonestDoor Price is your real-world check. It is the number a smart buyer's agent will already have when they walk through your door.

For condo owners, the HonestDoor Price still gives you a clearer picture than a stale assessment, especially when nearby neighbourhoods like Clairlea Birchmount are pricing condos at $732,771. Knowing exactly where you stand in that comparison is useful, whether you are selling or staying put.

The So What: Thinking About Selling This Summer?

If you own a house in Kennedy Park, this summer is worth a serious look. A 2nd-place growth ranking out of 24 Scarborough neighbourhoods is the kind of stat that attracts buyers. The market is not running hot and frantic - it is moving with purpose. That is actually a better environment for sellers who want a clean, confident transaction rather than a chaotic bidding war.

Your rental income potential of $4,335 per month also tells buyers that this is not just a home - it is an asset. That framing matters when you are pricing and marketing.

If you own a condo, the honest advice is to watch the next 60 to 90 days closely. The predicted value is still above the 3-month moving average, which is a good sign. But the below-average growth rank means you want to price sharp and move decisively rather than waiting for the market to do the heavy lifting for you.

Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number - not the city's number.

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.