Oakridge, Scarborough - October 2026 Real Estate Report
Oakridge, Scarborough: Your Home Is Outperforming Almost Everyone Right Now
If you own a house in Oakridge and you haven't checked your property value lately, you're leaving real money on the table. This neighbourhood is quietly sitting at the top of the Scarborough leaderboard - and most people don't know it yet.
The Vibe: What's Actually Happening on Our Streets
Let's break it down by property type, because houses and condos are telling two very different stories right now.
Houses - We're in a Strong Spot
Houses in Oakridge are moving fast and holding value. The average sale price sits at $1,070,000, and the average listing is coming in at $1,099,999. Buyers are paying about 97 cents on every listed dollar - so yes, there's a little room to negotiate, but sellers aren't getting crushed. Properties are spending an average of just 5 days on the market. That's not a slow market. That's a confident one.
- Average HonestDoor Price: $936,688 (up 0.11% from last period)
- Average sale price: $1,070,000
- Average listing price: $1,099,999
- Price per square foot: $703
- Sale-to-list ratio: 97.27%
- Average days on market: 5
- Predicted market value: $938,025
- 3-month moving average: $921,694 (values are climbing)
- Estimated monthly rent: $4,032
- Rental yield: 4.80%
- Recent value change: up 3.90%
Here's the neighbourhood leaderboard stat that should make every Oakridge homeowner sit up straight. For growth rate, we rank 1 out of 25 comparable neighbourhoods in Scarborough. Number one. For days on market, we rank 1 out of 13 - meaning our homes sell faster than almost anywhere else in the area. For price, we rank 4 out of 12, putting us solidly above average. That's not luck. That's a neighbourhood doing something right.
Condos - Take a Breath Before You Panic
The condo picture is harder to sugarcoat. The predicted market value for condos in Oakridge is $426,617, and that's down from a 3-month moving average of $531,484. The recent value change is -25.16%, and the growth rank is 25 out of 25 in Scarborough. That puts condos at the bottom of the local pack right now.
- Predicted condo value: $426,617
- 3-month moving average: $531,484 (values are declining)
- Recent value change: -25.16%
- Estimated monthly rent: $2,209
- Rental yield: 3.98%
- Growth rank: 25 out of 25 in Scarborough
If you own a condo here, this is the market taking a breather - a significant one. It doesn't mean your unit is worthless, but it does mean timing matters a lot if you're thinking about selling. Get a current number before you make any moves.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from the past. The city looks at sale data from a set period and locks in a number. That number then sits there, frozen, while the actual market keeps moving.
The HonestDoor Price is updated in real time. It's pulling from current sales, current listing activity, and current trends in your specific neighbourhood. Right now, the HonestDoor Price for houses in Oakridge is $938,025 - and it's trending above the 3-month moving average of $921,694. That gap between what the government thinks your home is worth and what a buyer would actually pay today? That's the number that matters when you're making a real financial decision.
Your tax assessment won't tell you that Oakridge houses are ranked number one for growth in Scarborough. Your HonestDoor Price will.
The "So What?" - Should You Sell This Summer?
If you own a house in Oakridge, the conditions are genuinely good right now. Homes are selling in 5 days. Values are climbing above the 3-month average. You're in the top tier for growth across all of Scarborough. Summer inventory typically rises, which means more competition from other sellers - but if you price it right and move before the fall rush, you're in a solid position.
Compare us to our neighbours. Birchcliffe Cliffside has a higher average price at $1,350,954, but our growth rank beats the area. Clairlea Birchmount comes in at $963,202 - slightly above our HonestDoor average - but we're outpacing them on momentum. Being slightly lower priced with a number-one growth rank is actually a strong selling story for buyers who want value with upside.
If you own a condo, the honest advice is to wait if you can, or price aggressively if you need to move now. A rental yield of 3.98% and an estimated $2,209 per month in rent means holding and renting is a real option worth running the numbers on.
Bottom line - check your HonestDoor Price today. Not next year when the city updates its assessment. Today. The market is moving, and the number on your tax bill is not keeping up.
oakridge | 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.