|LOWAvg. of lowest 10%||Average||HighAvg. of highest 10%|
|STUDIO Condos||$180,000435 = $414/||$193,472346 = $558/||$238,888322 = $740/|
|1 BED Condos||$136,985691 = $198/||$248,491624 = $398/||$370,225657 = $563/|
|1 BED+DEN Condos||$207,030796 = $260/||$286,642724 = $396/||$386,356791 = $488/|
|2 BED Condos||$166,844941 = $177/||$312,399949 = $329/||$495,1891051 = $471/|
|2 BED+DEN Condos||$246,2621070 = $230/||$377,8791166 = $324/||$606,3891481 = $409/|
|3 BED Condos||$187,0341177 = $159/||$364,3391262 = $289/||$643,4091783 = $361/|
|3 BED+DEN Condos||$294,0001390 = $211/||$448,8251500 = $299/||$619,6001666 = $372/|
|4 BEDS Condos||$274,3331254 = $219/||$450,7761642 = $274/||$624,0002017 = $309/|
|4 BED + DEN Condos||$580,0001917 = $303/||$584,0001887 = $309/||$588,0001857 = $316/|
Scarborough, to the east of downtown, is situated on the shores of beautiful Lake Ontario. One of the largest areas in Toronto, the population is roughly 650,000 people and growing all the time. The number of Scarborough condos for sale has grown by leaps and bounds over the past few years.
All the new condo development over the past few years, has fueled the interest in this area and is continuing the trend of Scarborough being a popular place to lay your hat. Toronto Condo developers have been attracted to a lower price point outside of the downtown core, which helps to keep resale prices low. Although the average price per square foot is considerably lower than that of other areas in Toronto, it has climbed steadily over that past 10 years, aided by the quality condos being built. There are about 160 condos in Scarborough right now, with hundreds of listings for sale at anytime. Condos for sale in Scarborough have the same finishes, quality and amenities as those downtown, at a fraction of the price.
With 25 designated neighbourhoods, some of Toronto’s favourite landmarks are located in Scarborough, such as the Scarborough bluffs, The Rouge Valley and even the Toronto Zoo, located in the Rouge neighbourhood.
If you are looking for Toronto Condos for sale, you can’t go wrong with Bendale, located just off the 401 this neighbourhood is home to Scarborough Town Centre and numerous new condos like Encore at Equinox. Anything you can think of is right on your doorstep.
With it’s close proximity to downtown and the 401, beautiful beaches and reasonable prices, Scarborough is a great place to be.