Blog 5 Category: Rental Resources ( Page 15 )

Rental Resources

Buy vs rent in Scarborough, Ontario: what renters need to know right now

Buy vs rent in Scarborough, Ontario: what renters need to know right now

Should you buy or keep renting in Scarborough, Ontario? The 2026 numbers tell a nuanced story: one-bedroom rents near $1,872 per month sit well below the carrying cost of a median $508K condo, yet falling home prices and a buyer-friendly market are narrowing the gap. This guide breaks down current prices, Ontario LTB rules including the 2.1% rent guideline, Bill 60 changes, and what the Scarborough Subway Extension delay means for your decision.

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