$699,000
20 PRESTON Street
Scarborough, Ontario
3bed2bath868sqft
Ontario
Scarborough Real Estate
Browse homes for sale in Scarborough • Median $699,000
$699,000Median Price
30Avg Days on Market
4Condo4Detached
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Homes for Sale in Scarborough
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About Scarborough Real Estate
Scarborough, located in the eastern part of Toronto, is a vibrant and diverse community known for its rich history and natural beauty. Originally settled by Indigenous peoples, Scarborough has evolved into a thriving urban center that reflects a blend of cultures and lifestyles. The area boasts stunning landscapes including the Scarborough Bluffs, which offer breathtaking views of Lake Ontario and are perfect for outdoor activities such as hiking and picnicking. Scarborough is also home to various cultural enclaves, including the bustling streets of Agincourt and the vibrant shops and restaurants of Markham Road, making it a melting pot of flavors and traditions.
What sets Scarborough apart is its unique combination of urban amenities and natural surroundings. Residents enjoy access to a plethora of parks, recreational facilities, and community centers. The area is dotted with family-friendly neighborhoods, such as Guildwood and West Hill, which feature spacious homes and excellent schools, catering to families looking for a safe and nurturing environment. Additionally, Scarborough’s proximity to downtown Toronto makes it an attractive option for professionals who desire a suburban lifestyle without sacrificing access to the city’s job market and entertainment.
Scarborough is ideal for those who appreciate a balanced lifestyle - where urban conveniences meet the tranquility of nature. The local community is known for its strong sense of belonging, with various events throughout the year, such as the Scarborough Canada Day Parade and the annual Taste of Lawrence, which showcase the area’s cultural diversity. With a median listing price of $799,945 and an average of 30 days on the market, Scarborough presents a unique opportunity for prospective buyers seeking a dynamic and family-oriented environment.
10 active listings with a median price of $799,945.
Lifestyle & Community
Living in Scarborough offers a welcoming community vibe where residents often engage in local events and activities. The area is known for its friendly neighbors and inclusive atmosphere, making it easy for newcomers to feel at home. Families enjoy the abundance of parks, playgrounds, and recreational facilities, making it ideal for children to play and explore. The local culture is enriched by multicultural festivals and community gatherings, reflecting the diverse population. Scarborough’s residents take pride in their community, contributing to a strong sense of belonging and shared experience.
Local Amenities
- Scarborough Town Centre - a major shopping hub
- Centennial College - offering a range of educational programs
- Scarborough General Hospital - providing healthcare services
- Toronto Zoo - one of the largest zoos in the world
- Scarborough Bluffs - scenic cliffs with parks and trails
- Guildwood Village - charming community with art and nature
- Local farmers' markets - promoting fresh produce
- Multiple public transit options - including TTC and GO Transit
- Community centers - offering recreational programs
- Library branches - providing educational resources
Points of Interest
- Scarborough Bluffs - stunning natural cliffs
- Toronto Zoo - home to over 5,000 animals
- Scarborough Town Centre - shopping and dining destination
- Rouge National Urban Park - Canada's first urban national park
- Guild Park and Gardens - historical gardens and art installations
- East Point Park - waterfront park with trails
- Centennial Park - recreational facilities and picnic areas
- Centennial College - educational landmark
- Agincourt Mall - shopping and dining
- Scarborough Arts - promoting local artists and cultural events
Market Overview
The Scarborough real estate market currently features 10 active listings, with a median price of $799,945. Homes in this area are selling relatively quickly, averaging 30 days on the market. This indicates a competitive market where buyers may need to act fast to secure a property. The diverse housing options, from single-family homes to condos, cater to various buyer preferences, making Scarborough an appealing choice for many.
Investment Outlook
Scarborough offers strong investment potential, particularly for rental properties, due to its growing population and proximity to downtown Toronto. The area is seeing increased interest from investors looking to capitalize on the diverse demographic and expanding local amenities. Development trends, including new residential projects and commercial spaces, suggest that property values may continue to rise, making it a strategic location for long-term investments.
Ideal For
Scarborough is ideal for first-time homebuyers, families seeking space and community, and retirees looking for a peaceful yet engaging environment. Investors will also find opportunities in the rental market due to the area's growth and demand for housing.
Living in Scarborough
Lifestyle
Living in Scarborough offers a welcoming community vibe where residents often engage in local events and activities. The area is known for its friendly neighbors and inclusive atmosphere, making it easy for newcomers to feel at home. Families enjoy the abundance of parks, playgrounds, and recreational facilities, making it ideal for children to play and explore. The local culture is enriched by multicultural festivals and community gatherings, reflecting the diverse population. Scarborough’s residents take pride in their community, contributing to a strong sense of belonging and shared experience.
Local Amenities
Scarborough Town Centre - a major shopping hubCentennial College - offering a range of educational programsScarborough General Hospital - providing healthcare servicesToronto Zoo - one of the largest zoos in the worldScarborough Bluffs - scenic cliffs with parks and trailsGuildwood Village - charming community with art and natureLocal farmers' markets - promoting fresh produceMultiple public transit options - including TTC and GO TransitCommunity centers - offering recreational programsLibrary branches - providing educational resources
Market Insights
The Scarborough real estate market currently features 10 active listings, with a median price of $799,945. Homes in this area are selling relatively quickly, averaging 30 days on the market. This indicates a competitive market where buyers may need to act fast to secure a property. The diverse housing options, from single-family homes to condos, cater to various buyer preferences, making Scarborough an appealing choice for many.
Investment Potential
Scarborough offers strong investment potential, particularly for rental properties, due to its growing population and proximity to downtown Toronto. The area is seeing increased interest from investors looking to capitalize on the diverse demographic and expanding local amenities. Development trends, including new residential projects and commercial spaces, suggest that property values may continue to rise, making it a strategic location for long-term investments.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$400K – $600K
2
$600K – $800K
1
$800K – $1.0M
3
Explore More in Scarborough
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Frequently Asked Questions About Scarborough
How many homes are for sale in Scarborough?
There are currently 8 active residential listings in Scarborough. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Scarborough?
The median list price for homes in Scarborough is $699,000. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Scarborough?
Properties available in Scarborough include Condo (4), Detached (4). You can filter by property type using the search options on this page.
How long do homes stay on the market in Scarborough?
Homes in Scarborough spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Scarborough?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Scarborough?
Yes. You can browse homes in specific neighbourhoods within Scarborough using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.