Scarborough real estate guide 2026: market, neighbourhoods and what’s being built

At a glance: Scarborough has the most concrete construction of any part of Toronto right now: mall and plaza sites with Council approval, city-led rental towers already in the ground, and Line 5 Eglinton running since February 2026. The subway extension is coming, but without an official opening date.

Checked on 3 October 2026 against TRREB, municipal, regional, provincial and Metrolinx sources. Anything I could not confirm on an official page is left out or labelled.

Scarborough market snapshot: September 2026

Numbers below are for TRREB “Toronto East” (districts E01–E11: Scarborough plus parts of East York and the Beaches), all home types, from TRREB’s September 2026 Market Watch. October data is due in early November; this page is updated monthly.

September 2026	Toronto East	GTA
Sales	481	5,040
Average price	$956,004	$1,006,409
Median price	$880,000	$860,000
New listings	1,450	16,500
Active listings	1,984	26,131
Months of inventory	3.6	4.6
Sale-to-list price	101%	98%
Average days on market	29	34

How I read it: Under about 4 months of inventory, well-priced homes still sell close to asking. Sellers have leverage if the home is presented and priced to the right comparables.

Benchmark by type (MLS® HPI, City of Toronto)	Price	Year over year
Detached	$1,417,600	-4.48%
Semi / attached	$1,111,200	-4.94%
Townhouse	$714,700	-5.04%
Condo apartment	$543,800	-6.36%

Prices are down by a similar amount across home types (detached 4.5%, condo apartments 6.4% year over year), so the opportunity is in individual homes, not one property type.

TRREB district	Sales	Average	Median
E05	39	$788,353	$738,000
E07	39	$748,644	$778,000
E09	47	$685,353	$770,000

Where to live in Scarborough

• Agincourt / Milliken (E07): Approved Agincourt Mall plan and the Stouffville GO line. August median: $563,888 on 53 sales.
• Scarborough Centre (E09): The future subway hub, Scarborough Town Centre lands and Housing Now sites. August median: $751,500.
• Golden Mile / Kennedy: Line 5 stops and approved plaza redevelopment along Eglinton.
• L’Amoreaux / Steeles (E05): Established family freeholds. August median: $747,500.

Neighbourhood notes are my professional view, not official data.

What’s approved and being built in Scarborough

Only projects with an official source are listed, with the exact stage each has reached. “Approved” means a planning decision; it is not a construction start. Where a building permit has been issued, that is the strongest sign a project is actually starting.

Project	What	Stage (official)	Transit
Agincourt Mall, 3850 & 3900 Sheppard Ave E	Mall redevelopment: 4,372 units, office and retail, new parkland	Zoning approved by Council Dec 2021; no new-building permit on file yet	Agincourt GO
Golden Mile, 1891 Eglinton Ave E	Plaza redevelopment: about 2,709 units in 6 buildings; first tower 48 storeys, 568 units	Council accepted Tribunal settlement Dec 2023; tower permit under review	Line 5: Golden Mile / Pharmacy
2444 Eglinton Ave E (Housing Now)	919 units: co-op, rent-controlled and condo	Under construction (groundbreaking Nov 2025)	Kennedy (Line 2, Line 5, GO)
777 Victoria Park Ave (Housing Now)	705 rental units (256 affordable) plus child care	Under construction	Victoria Park (Line 2)
4630 Kingston Rd	13 storeys, 566 rental units, retail at grade	Building permit issued 21 May 2026; under construction	Kingston Rd buses
40 Bushby Dr (Housing Now)	About 1,500 units (450 affordable)	Official plan and zoning approved Jun 2026	Future Scarborough Centre subway station
Scarborough Town Centre lands	Master plan proposing over 15,500 units, retail and office	Council accepted Tribunal settlement Jun 2024; long-range	Scarborough Centre

Council approval is not a start date. Agincourt has had zoning since 2021 and still has no new-building permit on file, so do not buy a resale home on the assumption that construction next door begins next year.

For a GTA-wide view of what is permitted and under construction, see the GTA developments tracker and mall and plaza redevelopments.

Transit: running today vs. coming later

• Line 5 Eglinton is open (service started 8 Feb 2026, Mount Dennis to Kennedy). TTC
• Line 6 Finch West is open (7 Dec 2025; full hours from 15 Mar 2026). TTC
• Ontario Line, Scarborough Subway Extension and Eglinton West extension are under construction. Metrolinx has not published an opening year for any of them, so treat any date you see in an ad as marketing. Metrolinx

Taxes and closing costs in Scarborough

2026 residential property tax rate: 0.767311% of assessed value (City 0.605295% + education 0.153000% + City Building Fund 0.009016%). Official 2026 rates. Taxes are charged on MPAC’s assessed value, which is usually well below today’s market price, so ask for the property’s actual tax bill.

• Toronto buyers pay two land transfer taxes: Ontario’s and the City’s Municipal Land Transfer Tax. Since 1 Apr 2026 the City rate climbs above 2% on homes over $2M (2.5% to $3M, 4.40% to $4M, up to 8.6% over $20M). City of Toronto MLTT rates
• First-time buyers can get up to $4,475 back on the City tax and up to $4,000 on the provincial tax, if they qualify.
• Toronto’s Vacant Home Tax is 3% of assessed value if a home sits empty and isn’t declared. City of Toronto
• Developers: Council adopted a development charge reduction program on 29–30 Jul 2026 (40% off studio and 1-bed units, 60% off larger units, retroactive to 30 Mar 2026, once the provincial funding agreement is in place). Council item CC43.9

Buying new? Read the Ontario pre-construction buyer guide for the 2026 HST rebates (up to $50,000 federal for first-time buyers, and Ontario relief on the provincial part).

For business owners and commercial tenants

Commercial corridors: Eglinton Ave E (Golden Mile, Kennedy), Sheppard Ave E (Agincourt), Kingston Rd and the Scarborough Centre area.

• EDGE incentive: open. A grant equal to 100% of the municipal tax increase for 5 years on qualifying new employment space (minimum $3M of construction). Apply before 31 Dec 2027. City of Toronto
• Small business property tax subclass: 20% municipal rate cut, applied automatically to eligible properties. City of Toronto
• Main Street Innovation Fund: open to 26 Oct 2026 for Little Jamaica only. Façade, storefront and transit-construction grants are closed right now.

Looking for space or a business here? Find premises or buy or sell a business confidentially.

Schools in Scarborough: how to check rankings and boundaries

School zone is one of the first things Scarborough buyers search for, and one of the easiest things to get wrong. A listing that says “in the X school zone” is not a guarantee. Here is how I check it for clients before they offer.

Who runs the schools: English public schools in Scarborough are run by the Toronto District School Board (TDSB), English Catholic schools by the Toronto Catholic District School Board (TCDSB). French-language schools are run by Conseil scolaire Viamonde (public) and Conseil scolaire catholique MonAvenir (Catholic).

1. Use the board’s own school locator with the exact address, not the listing description. Boundaries follow streets, and two sides of the same street can go to different schools.
2. Check results from two sources: EQAO publishes each school’s provincial test results, and the Fraser Institute ranks Ontario elementary and secondary schools at compareschoolrankings.org. Rankings measure test scores, not the whole school, so visit too.
3. Ask about “holding schools”. When a local school is full, new students in growing areas can be directed to a school farther away until space opens. This matters most in new subdivisions.
4. Programs have their own boundaries. French Immersion, IB, gifted and arts programs often draw from a different area than the home school, and some need an application.
5. Get it in writing before you waive conditions. Boundaries can change. Call the board’s planning or admissions office with the address, and keep the answer.

Want homes in a specific Scarborough school zone? Tell me the school and your budget. I check each home’s address against the board locator before I send it to you.

Selling or buying in Scarborough: how I would approach it

Selling: price against the homes a buyer will actually compare with yours (same type, condition and recent enough), not the area average above. Then work out what you would keep after the mortgage payout and costs.Buying: decide what matters more, existing transit or a project that is only approved, and check the stage of anything near the address before you firm up.

Read next: GTA developments 2026–2028: what’s approved and being built

General information about Scarborough, not a valuation, investment, tax or legal advice. Planning status and incentives change; confirm with the municipality before relying on them. Inderpal Sidhu, Salesperson · HomeLife Silvercity Realty Inc., Brokerage.

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Inderpal Sidhu, Salesperson · HomeLife Silvercity Realty Inc., Brokerage. Not intended to solicit properties or clients already under contract with another brokerage.