There are 36 different neighborhoods in Scarborough ranging from Agincourt, to Malvern to Wishing Well Acres. The housing market in each is similar and currently it is a buyers' market. While the housing markets are similar in each neighborhood, the neighborhoods are quite different. For an individual or family moving to the area of Scarborough it would be recommended to research the various neighborhoods as they all cater to different diversities, professions, and families.

 

 

Once you have established which neighborhood best suits your family and lifestyle, you can be assured the cost of living and availability in each neighborhood is quite comparable. The houses in Scarborough are generally thought to be larger than the average house in a middle class neighborhood of the United States' Midwest. The housing market is relatively inexpensive as well. You can purchase a nice ranch style house in certain areas of Scarborough for under $60,000 CAD. Gorgeous sky-rise apartments of more than 1500 square feet can be purchased for just over $100,000 CAD.

 

 

Rentals are also considered to be inexpensive in Scarborough. The average 2-bedroom apartment will rent for anywhere between $700 and $1400 per month depending upon location. One can rent a 2-bedroom apartment with balcony, parking, and amenities in a sky-rise building for just $1200.00 per month.