Down 8% on the year, and still selling in a month.
E09's benchmark fell 8.26% — the third-steepest of Toronto's 35 districts — while 54 homes sold at 98% of asking in 31 days.
Fifty-four sales in August at an average of $738,255 and a median of $751,500. Homes sold at 98% of asking in 31 days, on 4.6 months of inventory. The benchmark is $700,400, down 8.26% on the year — the third-largest decline of Toronto's 35 districts, though slightly better than July's 8.82%.
The apartment benchmark, $434,400, is down 10.84%, and detached, $883,000, is down 7.72%. Townhouses are the one segment up, at +0.97%, a small positive on a small base. Bendale and Woburn sit around Scarborough Town Centre, where the Scarborough Subway Extension is under construction — a long-dated reason to own that is not showing up in this year's prices.
For buyers, this is one of the deepest discounts in the city on a district with a subway coming. For sellers, homes still sell in a month at close to asking — the market is not frozen, it has simply moved down. Ask for the type-by-type numbers; they differ a lot here.
MLS® HPI Benchmarks · E09 · August 2026 · y/y
| Composite | $700,400 | -8.26% |
| SF Detached | $883,000 | -7.72% |
| SF Attached | $728,900 | -7.91% |
| Townhouse | $599,400 | 0.97% |
| Apartment | $434,400 | -10.84% |
Figures: TRREB Market Watch, August 2026, and MLS® Home Price Index (August 2026), extracted and arithmetically verified; subject to TRREB revision. Refreshed with each monthly cycle. Not intended to solicit buyers or sellers currently under contract. Eric Geng, Salesperson, RE/MAX City Accord Realty Inc., Brokerage. Each Office Independently Owned and Operated.