L Amoreaux, Toronto - July 2026 Real Estate Report

L Amoreaux Real Talk: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the honest answer: L Amoreaux is holding its ground, but the story is different depending on what you own.

Houses vs. Condos - Two Very Different Stories

For those of us in houses, the market is taking a breather. The HonestDoor Price for a house in L Amoreaux sits at $1,162,668, which is just slightly below the 3-month moving average of $1,167,199. Values have dipped 1.53% recently, and on the neighbourhood leaderboard, houses rank 10 out of 24 in Scarborough - solidly above average, but not leading the pack right now.

Condos are a different conversation. Our condo values are actually climbing. The HonestDoor Price for a condo here is $515,703, up from the 3-month moving average of $509,412, with recent growth of 1.16%. On the leaderboard, L Amoreaux condos rank 5 out of 25 in Scarborough - that puts us in the top performers category. If you own a condo here, that's a number worth paying attention to.

• House HonestDoor Price: $1,162,668
• House rental estimate: $4,649 per month
• House rental yield: 4.50%
• House growth rank: 10 out of 24 in Scarborough (above average)
• Condo HonestDoor Price: $515,703
• Condo rental estimate: $2,571 per month
• Condo rental yield: 3.80%
• Condo growth rank: 5 out of 25 in Scarborough (top performer)

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

Here's the thing most homeowners don't realize: the city's property assessment is a snapshot frozen in time. It doesn't update when the market moves. The HonestDoor Price is a real-world check - it pulls in current sales data and recalculates constantly, so it reflects what a buyer would actually pay today, not what an assessor thought your home was worth two or three years ago.

Right now, the average HonestDoor Price across L Amoreaux is sitting at $1,168,923, up 1.97% from the previous period. That gap between your city assessment and your HonestDoor Price could be thousands of dollars - money that matters when you're deciding whether to sell, refinance, or just figure out where you stand.

Compare that to nearby Tam O Shanter Sullivan, where the HonestDoor Price is $1,025,159. We're running notably ahead of our neighbours to the west. That's a real advantage, and your tax bill likely doesn't reflect it yet.

The "So What?" - Thinking About Selling This Summer?

For house sellers, the honest advice is this: the slight dip in values means timing matters. You're not in a panic situation - a $1.16 million average is still strong - but waiting for the market to "come back" without a plan is a gamble. If your house is well-maintained and priced right, serious buyers are still out there.

For condo owners, the window looks better right now. Values are trending up, the growth rank is strong, and at $515,703 you're already ahead of comparable units in Pleasant View and Tam O Shanter Sullivan. That momentum is worth acting on before the summer slowdown hits.

Either way, the first move is simple: check your HonestDoor Price today. It takes two minutes and gives you a current number - not a government estimate from years ago - to anchor your decision. Knowing your real number is the difference between leaving money on the table and walking away confident.

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.