Scarborough Village, Scarborough - September 2026 Real Estate Report

Scarborough Village Real Estate: Prices Are Sliding - Here Is What You Need to Know Right Now

If you have been watching the "For Sale" signs around Scarborough Village lately, here is the honest picture. Values are dipping, not crashing, but the direction matters if you are thinking about making a move this summer. Let us break it down, house by house and condo by condo.

The Vibe: Houses vs. Condos in Scarborough Village

Houses

The average HonestDoor Price for a house in our neighbourhood sits at $1,322,877 - down 1.62% from the previous period. The predicted market value is $1,344,639, and that number is sliding below the 3-month moving average of $1,349,899. So the trend line is pointing down, not up.

On the neighbourhood leaderboard, Scarborough Village houses rank 23 out of 25 for growth in Scarborough. That puts us near the bottom of the pack right now. It is not a panic moment, but it is a signal worth paying attention to.

• Average HonestDoor Price: $1,322,877
• Predicted Market Value: $1,344,639
• 3-Month Moving Average: $1,349,899
• Recent Value Change: -2.58%
• Estimated Monthly Rent: $5,096
• Rental Yield: 4.43%
• Airbnb Estimate: $250 per night
• Airbnb Rank in Scarborough: 4th
• Growth Rank: 23 out of 25 in Scarborough

One bright spot - our Airbnb rank is 4th in all of Scarborough. If you have a property that works as a short-term rental, that is real money on the table. And a $5,096 monthly rent estimate with a 4.43% yield is a solid return for long-term landlords in this price range.

How do we compare to neighbours? Cliffcrest houses average $1,434,479 - pricier than us. Guildwood comes in at $1,175,895 and Eglinton East at $1,025,985, both cheaper. We sit in the middle of the pack on price, just not on growth right now.

Condos

Condos in Scarborough Village are telling a similar story. The average HonestDoor Price is $430,394, down 0.38%. The predicted market value is $432,022, and that is falling away from the 3-month moving average of $442,305. The recent value change is -4.11%, which is a steeper drop than what we are seeing on the house side.

• Average HonestDoor Price: $430,394
• Predicted Market Value: $432,022
• 3-Month Moving Average: $442,305
• Recent Value Change: -4.11%
• Estimated Monthly Rent: $2,230
• Rental Yield: 3.97%
• Airbnb Estimate: $110 per night
• Airbnb Rank in Scarborough: 18th
• Growth Rank: 16 out of 25 in Scarborough

Condo growth ranks 16 out of 25 in Scarborough - below average but not at the bottom. Worth noting: nearby condos in Guildwood ($641,841) and Cliffcrest ($562,054) are priced significantly higher than ours. If you own a condo here, you are in one of the more affordable pockets in the area, which can actually be a selling point for buyers watching their budget.

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 that values have dropped 2.58% recently for houses or 4.11% for condos. It is not watching the 3-month moving average tick downward. It is just a number frozen in time.

The HonestDoor Price is updated in real time using actual market signals. Right now, for Scarborough Village, it is showing a market that is taking a breather. That gap between what the city thinks your home is worth and what a buyer would actually pay today - that is the gap that costs sellers money if they price wrong, and costs buyers money if they overpay.

Pull up your HonestDoor Price today. Do not wait for the next assessment cycle to tell you something the market already knows.

The So What - Should You Sell This Summer?

If you are a house owner thinking about listing this summer, the honest answer is: timing matters right now. Values are sliding, the growth rank is near the bottom of Scarborough, and the moving average is heading in the wrong direction. That does not mean you should panic-sell. It means you should price sharp and move with purpose. A well-priced home in the $1.3M range still has a market - especially with rental demand strong at $5,096 per month showing real underlying value.

If you own a condo and are on the fence, the -4.11% recent change is the number to watch. Waiting to see if things bounce back is a gamble. The 3-month average is already $10,000 above where the predicted value sits today. That gap tends to close downward, not upward, in a softening market.

Bottom line - Scarborough Village is not broken, but it is not on a hot streak either. The smartest move right now is knowing your real number. Check your HonestDoor Price, compare it to what your neighbours are listing at, and make a decision based on today's market - not last year's assessment.

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.