Wexford Maryvale, Toronto - August 2026 Real Estate Report

Wexford Maryvale Real Talk: Your Home Is Worth More Than You Think - But the Window Is Narrowing

The Vibe Right Now

If you've been watching the "For Sale" signs on your street, here's what's actually happening. Wexford Maryvale is a split story right now - houses and condos are telling two very different tales, and which one you own matters a lot heading into summer.

Houses: Fast Sales, But Prices Are Drifting

The good news first. If you own a house here, buyers are still hungry. The one house that sold recently went for 107% of its list price - meaning the buyer paid above asking. That is a sellers' market by any definition. Properties are moving in an average of 8 days. That is not a slow market. That is a sprint.

• Average sale price: $855,000 - up 4.9% from last month
• Average list price: $799,000
• Price per square foot: $661
• Average days on market: 8 days
• Sold-to-list ratio: 107.01%

But here is the part we need to be honest about. The predicted market value for houses sits at $1,005,563, and that number is sliding - down from a 3-month average of $1,033,035. Property values have dipped 1.74% recently. On the neighbourhood leaderboard, our house growth ranks 22 out of 25 comparable Scarborough neighbourhoods. That puts us near the bottom of the pack for growth. The saving grace? We rank 2 out of 11 for days-on-market speed. Buyers want in - they just are not paying peak prices to get here.

On affordability, we rank 11 out of 12 in Scarborough - meaning we are one of the most affordable options around. That is a double-edged sword. It draws buyers in, but it also tells us we are not commanding the premiums that neighbours like Victoria Village are pulling.

Condos: The Harder Conversation

We are going to be straight with you here. The condo picture in Wexford Maryvale is taking a real breather. The average HonestDoor Price for condos is $379,417 - down 3.57% from the previous period. The predicted market value is $427,615, but that is falling fast from a 3-month average of $477,367. That is an 11.80% drop in recent value. On the neighbourhood leaderboard, condo growth here ranks dead last - 25 out of 25 in Scarborough.

• Average HonestDoor Price: $379,417
• Predicted market value: $427,615
• 3-month moving average: $477,367
• Recent value change: -11.80%
• Growth rank: 25 out of 25 in Scarborough
• Estimated rent: $2,197 per month
• Rental yield: 3.97%

Every nearby neighbourhood - Dorset Park, Victoria Village, Ionview - is priced higher for condos right now. If you own a condo here and are thinking about selling, this data is a reason to move sooner rather than later.

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

Here is something most homeowners do not realize. The city's property assessment - that number MPAC sends you - is a snapshot frozen in time. It does not update with the market. It does not know that buyers paid 107% of list price on your street last month. It does not know that condo values have shifted 11.80% recently.

The HonestDoor Price is a real-world check. It pulls in current sales data, local trends, and what buyers are actually paying right now - not what a government office calculated years ago. For houses in Wexford Maryvale, the HonestDoor Price sits at $872,032. For condos, it is $379,417. These numbers move with the market. Your tax assessment does not.

Checking your HonestDoor Price today takes two minutes and gives you a far more accurate read on what your home is actually worth in the current market - not the last one.

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

If you own a house here and are thinking about listing this summer, the conditions are still in your favour - but the clock is ticking. Buyers are moving fast (8 days on market) and paying above asking. That is your leverage. Use it now while that dynamic holds, because the 3-month price trend is pointing downward.

If you own a condo, the honest advice is this: do not wait and hope the numbers bounce back on their own. Condo values here are sliding, and we are sitting at the bottom of the Scarborough growth leaderboard. A conversation with a local agent - armed with your HonestDoor Price - is worth having before the summer market heats up and more listings compete for the same buyers.

For renters and investors, the house rental estimate of $4,231 per month with a 4.70% yield is a reasonable return in this market. The Airbnb picture is modest - ranked 68th in Toronto for houses - so this is not a short-term rental goldmine. It is a solid long-term hold if you buy right.

Bottom line: Wexford Maryvale is affordable, fast-moving for houses, and honest about its challenges on the condo side. Know your number. Make your move with real data behind 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.