Scarborough Village, Scarborough - July 2026 Real Estate Report

Scarborough Village Real Talk: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Scarborough Village, here's what's actually happening. The market is taking a breather - but houses here are still sitting at a strong average HonestDoor Price of $1,380,718, up 4.21% from the previous period. That's not nothing. For most of us, that's the biggest asset we own, and it's still moving in the right direction.

Condos are a different story. The average HonestDoor Price for a condo in the neighbourhood is $450,557, up 1.40% - but the short-term trend shows some softening. Worth paying attention to if you own one.

Houses vs. Condos - Breaking It Down

Let's talk houses first, because that's where the real money is in Scarborough Village.

• Average HonestDoor Price: $1,380,718 (up 4.21%)
• Predicted current market value: $1,324,974
• 3-month moving average: $1,333,073 - values are dipping slightly below that line
• Recent price change: -2.03%
• Estimated monthly rent: $5,048 with a rental yield of 4.45%
• Airbnb potential: roughly $251 per month
• Neighbourhood growth rank: 15 out of 24 in Scarborough - below average on the leaderboard

We're not in the top half of the Scarborough growth leaderboard right now. Rank 15 of 24 means there are 14 neighbourhoods outpacing us on growth. That's the honest truth. But a $1.3M-plus house with a 4.45% rental yield? That's still a serious asset.

Now condos. This is where we need to be straight with each other.

• Average HonestDoor Price: $450,557 (up 1.40%)
• Predicted current market value: $444,337
• 3-month moving average: $450,656 - values are sliding below the average
• Recent price change: -3.11%
• Estimated monthly rent: $2,285 with a rental yield of 3.94%
• Airbnb potential: roughly $113 per month
• Neighbourhood growth rank: 22 out of 25 in Scarborough - bottom of the leaderboard

Rank 22 of 25 is a number condo owners here need to see. It doesn't mean panic - it means awareness. If you own a condo in Scarborough Village and you've been thinking "maybe next year," this data is worth a serious look today.

How We Stack Up Against the Neighbours

Context matters. Here's how Scarborough Village houses compare to what's right next door.

• Cliffcrest: average HD Price $1,459,742 - slightly pricier than us
• Guildwood: average HD Price $1,155,551 - cheaper than us
• Eglinton East: average HD Price $992,375 - noticeably cheaper than us

For condos, the picture flips. Guildwood condos average $684,313 and Cliffcrest condos average $604,699 - both well above our $450,557. That gap is something condo owners here should think hard about.

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 Municipal Property Assessment Corporation updates values on a cycle that can lag real market conditions by years. Your HonestDoor Price is a real-world check - it pulls from actual sales data and updates in real time.

Right now, the city's assessment on your Scarborough Village house could be sitting well below $1,380,718. That gap is your equity - and most homeowners have no idea it exists until they check. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number that actually reflects today's market, not last year's paperwork.

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

If you own a house in Scarborough Village and you're thinking about listing this summer, the window is real but it's not wide open forever. Values have dipped 2.03% recently and we're sitting below the 3-month moving average. That's not a crash - it's a signal that waiting for prices to climb back up on their own is a gamble.

The rental market is working in your favour as a pricing story. A buyer who knows this home could rent for $5,048 a month at a 4.45% yield is a motivated buyer. Lead with that.

If you own a condo here, the conversation is more urgent. A -3.11% recent change and a rank of 22 out of 25 on the Scarborough growth leaderboard means the market is not waiting for you. Get your HonestDoor Price, understand what you're actually sitting on, and make a decision based on real numbers - not hope.

Bottom line: Scarborough Village is still a strong address for houses. Condos need a harder look. Either way, the first step is knowing your actual number - and that's exactly what the HonestDoor Price gives you.

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.