Scarborough has transformed dramatically over the past decade. Once overlooked, it's now one of the GTA's most sought-after markets for first-time buyers and investors alike. Here's your complete guide to buying in Scarborough in 2026.
Why Scarborough in 2026?
The Eglinton Crosstown LRT is changing everything. Properties within 800m of future stations have already seen 8-12% appreciation premiums. Scarborough's average detached home price of $950K-$1.1M is still significantly below Toronto proper, making it the best value in the GTA for families.
Best Neighborhoods to Buy in Scarborough
Agincourt: Excellent schools, diverse community, strong transit connections. Average detached: $1.05M.
Birchcliffe-Cliffside: Bluffs views, established community, gentrifying rapidly. Average detached: $1.2M.
Malvern: Most affordable in Scarborough. Strong rental demand. Average detached: $850K.
Scarborough Village: Lakefront access, quiet streets, family-friendly. Average detached: $980K.
Mortgage Tips for Scarborough Buyers
As a mortgage agent serving Scarborough, I help buyers access 30+ lenders to find the best rates. Current 5-year fixed rates start at 4.09% — significantly below what the big banks offer. For a $950K home with 20% down, that's a monthly payment of approximately $3,800.
First-Time Buyer Programs Available
Scarborough buyers can access: Ontario Land Transfer Tax Rebate (up to $4,000), Toronto Land Transfer Tax Rebate (up to $4,475), First Home Savings Account (FHSA), and the Home Buyers' Plan (RRSP withdrawal up to $35,000).
Ready to buy in Scarborough? Call Sam at 647-784-7924 for a free consultation.
