Property Prices in Scarborough, Canada

Index Info
Price to Income Ratio: 11.50
Mortgage as Percentage of Income: 97.25%
Loan Affordability Index: 1.03
Price to Rent Ratio - City Centre: 23.83
Price to Rent Ratio - Outside of Centre: 23.26
Gross Rental Yield (City Centre): 4.20%
Gross Rental Yield (Outside of Centre): 4.30%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$2,400.00
1 Bedroom Apartment Outside of City Centre C$1,948.33 1,745.00-2,100.00
3 Bedroom Apartment in City Centre C$3,000.00
3 Bedroom Apartment Outside of City Centre C$2,500.00 1,800.00-3,100.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre C$999.99
Price per Square Feet to Buy Apartment Outside of Centre C$799.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) C$4,213.53
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.80 4.45-6.90

These data are based on 23 entries from 7 contributors over the past 18 months.
Last update: 2 October 2026

Sources and References
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