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    Scarborough Village, Scarborough - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Scarborough, Scarborough Village

    Scarborough Village Real Estate: What Your Neighbours Are Not Telling You

    If you own a house in Scarborough Village right now, your property is worth more than most people on your street probably realize. And if you have been waiting for the city to tell you what it is worth, you are already behind. Here is the real picture.

    The Vibe: Houses vs. Condos in Scarborough Village

    Let's break it down for us locals, because these two markets are telling very different stories right now.

    Houses - Near the Top of the Leaderboard

    Our houses are punching well above their weight. The predicted market value for a house in Scarborough Village sits at $1,380,835, and that number is climbing - it is up from a 3-month moving average of $1,352,969. That is momentum you can feel.

    • Predicted Market Value: $1,380,835
    • Average HonestDoor Price: $1,345,112
    • 3-Month Moving Average: $1,352,969 (and rising)
    • Recent Value Change: 4.19%
    • Neighbourhood Growth Rank: 2 out of 25 in Scarborough - top tier
    • Estimated Monthly Rent: $5,195
    • Rental Yield: 4.40%
    • Airbnb Rank in Scarborough: 4th
    • Airbnb Estimate: $258 per night

    A growth rank of 2 out of 25 neighbourhoods in Scarborough is not a small thing. That puts Scarborough Village houses in the top 10% of the city for price growth. We are not just keeping up - we are leading the pack.

    Compare that to our neighbours: Guildwood houses average $1,148,169 and Eglinton East sits at $1,010,509. Cliffcrest edges us out at $1,441,734, but the gap is smaller than you might think. For what Scarborough Village offers, the value story here is strong.

    Condos - A Breather, Not a Breakdown

    The condo side of our market is taking a breather. The average HonestDoor Price for a condo is $432,022, down 4.11% from the previous period. The predicted market value is $450,557, which is actually sitting just below the 3-month moving average of $451,168 - a small but real sign of softening.

    • Predicted Market Value: $450,557
    • Average HonestDoor Price: $432,022
    • 3-Month Moving Average: $451,168 (slightly declining)
    • Recent Value Change: 1.40%
    • Neighbourhood Growth Rank: 13 out of 25 in Scarborough - below average
    • Estimated Monthly Rent: $2,313
    • Rental Yield: 3.93%
    • Airbnb Rank in Scarborough: 18th
    • Airbnb Estimate: $115 per night

    A rank of 13 out of 25 puts our condos in the below-average tier for Scarborough growth right now. Worth noting: nearby condos in Guildwood ($652,550) and Cliffcrest ($553,907) are priced higher. If you own a condo here and are thinking about a move, that price gap is worth a conversation.

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

    Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know what happened to your street last month, or what buyers are actually paying right now. The HonestDoor Price is updated in real time, pulling from current sales data to give you a live read on what your home is actually worth today.

    For Scarborough Village house owners, that difference is not trivial. The city's assessment could be sitting thousands of dollars below your real market value. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using a stale government number is like navigating with an old map. The HonestDoor Price is the real-world check that keeps you current.

    Pull your HonestDoor Price now. Do not wait for a piece of mail to tell you what your home is worth.

    The So What - Thinking About Selling This Summer?

    If you own a house in Scarborough Village and selling this summer is on your radar, the timing conversation is worth having seriously. A growth rank of 2 out of 25 in Scarborough means buyer interest in our neighbourhood is real. Values are trending up. The predicted market value of $1,380,835 is ahead of the recent average - that is the market telling you something.

    A rental yield of 4.40% also means investors are paying attention to Scarborough Village. That adds a layer of demand that pure end-user markets do not always have.

    For condo owners, the picture calls for a bit more patience or a sharper pricing strategy. The market is not falling apart, but it is not racing ahead either. If you need to sell, price it right from day one - sitting on the market in a softening condo segment costs you more than a well-priced listing from the start.

    Bottom line: house owners in Scarborough Village are in a good spot heading into summer. Check your HonestDoor Price, know your number, and make your move with real data in hand.

    scarborough village | scarborough | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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