Kennedy Park, Scarborough - October 2026 Real Estate Report
Kennedy Park, Scarborough: Your Home Is Worth More Than the City Thinks
The Vibe Right Now
If you own a house on your street in Kennedy Park, here is the honest picture. The average HonestDoor Price for houses sits at $1,042,184 - up 0.89% from the last period. That is not a headline-grabbing number, but steady and positive beats a slide any day. The predicted market value for houses comes in at $1,033,013, which is just slightly off the 3-month moving average of $1,034,099. The market is taking a breather, not falling apart.
On the condo side, we are seeing a different story. The average HonestDoor Price for condos is $453,238, which is down 3.82% from the previous period. That dip is worth watching. However, the predicted market value of $471,254 is actually climbing past the 3-month moving average of $462,917 - a sign that the short-term trend may be turning a corner. Condo owners should pay close attention right now.
Houses vs. Condos - The Breakdown
- House HonestDoor Price: $1,042,184 (up 0.89%)
- House predicted market value: $1,033,013
- House rental estimate: $4,327 per month
- House rental yield: 4.69%
- House Airbnb estimate: $215 per night
- House growth rank: 19 out of 25 neighbourhoods in Scarborough
- Condo HonestDoor Price: $453,238 (down 3.82%)
- Condo predicted market value: $471,254
- Condo rental estimate: $2,326 per month
- Condo rental yield: 3.89%
- Condo Airbnb estimate: $116 per night
- Condo growth rank: 7 out of 25 neighbourhoods in Scarborough
Here is something worth noting on the neighbourhood leaderboard. Our houses rank 19 out of 25 for growth - that puts us in the below-average tier for Scarborough right now. But flip to condos and the story changes fast. Kennedy Park condos rank 7 out of 25 for growth - that is above average, and it means condo owners here are sitting in a stronger competitive position than most of their Scarborough neighbours.
How We Stack Up Against the Neighbours
Looking around us, Kennedy Park houses are priced higher than both Ionview ($967,284) and Clairlea Birchmount ($963,202). We are commanding a premium of roughly $75,000 to $79,000 over those streets. For condos, Ionview comes in cheaper at $398,608, while Clairlea Birchmount is significantly higher at $678,388. Eglinton East condos are close to ours at $459,610 - essentially the same price band.
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 taken in the past, updated on a slow government schedule, and it does not care what happened to your street last month. The HonestDoor Price is a real-time estimate that moves with the actual market. Right now, that gap matters.
If your tax assessment is sitting at a number from a year or two ago, it could be significantly off from what a buyer would actually pay today. For house owners in Kennedy Park, the HonestDoor Price of $1,042,184 is your real-world check. For condo owners watching a 3.82% dip in the average price, knowing your current HonestDoor Price tells you exactly where you stand - not where you stood 18 months ago.
Do not make a selling or refinancing decision based on a number the city printed before your neighbour renovated their kitchen and sold for a new street record. Use the number that updates with the market.
The So What - Thinking About Selling This Summer?
If you own a house and you are thinking about listing this summer, the honest read is this. Prices are holding above the million-dollar mark and the short-term movement is positive, but the growth rank of 19 out of 25 tells us we are not the hottest ticket in Scarborough right now. That means pricing it right from day one matters more than ever. Overpricing a house in a below-average growth market is how you sit on MLS for 60 days and then drop anyway.
If you own a condo, the picture is actually more interesting. A growth rank of 7 out of 25 puts Kennedy Park condos in a strong position relative to the competition. The predicted value of $471,254 is trending up past the moving average. If you have been sitting on the fence, this summer could be a reasonable window before that momentum shifts.
Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number - not theirs.
kennedy park | scarborough | october 2026This 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.