Kennedy Park, Scarborough - September 2026 Real Estate Report

Kennedy Park, Scarborough: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home in Kennedy Park and you're still relying on your last city assessment to know what your place is worth - stop. The market has moved, and not in a straight line. Here is what is actually happening on our streets right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We are seeing a split in Kennedy Park right now, and it matters depending on what you own.

Houses: The average HonestDoor Price sits at $1,033,013, up 0.72% from the previous period. That sounds solid, but the short-term picture is more honest. The predicted market value for houses is $1,025,662, and that number is sliding - it is down from a 3-month moving average of $1,029,390, with a recent price change of -1.72%. On the neighbourhood leaderboard, Kennedy Park houses rank 21 out of 25 in Scarborough for growth. That puts us near the bottom of the pack right now. The market is taking a breather on the house side.

• Average HonestDoor Price (Houses): $1,033,013
• Predicted Market Value: $1,025,662
• 3-Month Moving Average: $1,029,390
• Recent Price Change: -1.72%
• Estimated Monthly Rent: $4,284
• Rental Yield: 4.70%
• Growth Rank in Scarborough: 21 out of 25

Condos: This is where the story gets more interesting for us. The average HonestDoor Price for condos is $471,254 - up 3.84% from the previous period. The predicted market value is $453,815, which is still above nearby Ionview at $440,346. On the leaderboard, Kennedy Park condos rank 8 out of 25 in Scarborough for growth. That is above average. Condos here are punching above their weight compared to most of the borough.

• Average HonestDoor Price (Condos): $471,254
• Predicted Market Value: $453,815
• 3-Month Moving Average: $457,180
• Recent Price Change: -2.13%
• Estimated Monthly Rent: $2,330
• Rental Yield: 3.92%
• Growth Rank in Scarborough: 8 out of 25

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about city assessments - they are a snapshot from the past. By the time that number lands in 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 is the real-world check against a number that was calculated when the market looked completely different.

For Kennedy Park house owners, that gap matters. If your city assessment was set during a stronger period, you might be overestimating what your home would sell for today. If it was set during a slower period, you might be leaving money on the table. Either way, you deserve the current number - not a stale one.

For condo owners, the HonestDoor Price tells an even better story. A 3.84% increase in the average price, combined with a top-8 growth rank in Scarborough, is the kind of data point that gives you real leverage in a conversation with a buyer or an agent.

The So What - Thinking About Selling This Summer?

If you own a house in Kennedy Park and you are thinking about listing this summer, the data is telling you to move with clear eyes. Values are dipping slightly off their recent peak, and we rank near the bottom of Scarborough neighbourhoods for growth right now. That does not mean do not sell - it means price it right from day one. Overpricing a house in a softening market is the fastest way to sit on it for months.

If you own a condo, the picture is more encouraging. You are in the top third of Scarborough for growth, your rental yield is a respectable 3.92%, and your Airbnb potential at $119 per night gives buyers an income angle to consider. That is a story worth telling in your listing.

For both property types, the rental numbers are worth noting. A house here can pull an estimated $4,302 per month in rent. A condo can bring in around $2,404. If selling is not the plan, holding and renting is a real option with real returns.

Bottom line - check your HonestDoor Price before you make any move. It takes two minutes and it will tell you more about your home's value today than any document the city has sent you recently.

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.