Scarborough is the first choice for many newer immigrants, due to well priced & diverse choices, particularly smaller bungalows, 2 storey detached houses & backsplits in many of its neighbourhoods. It is a former municipality in east Toronto and has benefited from the highrise condominium boom, e.g. Tridel's Metrogate at Kennedy & Sheppard, proposed Condo develpments at Warden & Sheppard & the numerous newer Scarborough home & condo listings near the Town Centre. Browse properties for sale in Scarborough below by type of homes.
As mentioned, Scarborough real estate listings are popular with first time buyers. It's central location & readily accessible highway, TTC & GO train access also help. The prospective Scarborough subway extension should increase Scarborough house values. During the market slowdown in 2008, prices didn't
decline by much compared to other pockets, & prices of Scarborough homes have increased considerably recently. This trend is likely to continue due to inventory shortages & increasing land value. The area has numerous schools, shopping malls (notably the Town Centre Mall) & parks. It also has an eclectic mix of cultures, and therefore benefits from reasonably priced restaurants and stores.