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Neighbourhood in Scarborough

Homes for rent in Centennial Scarborough

Name: HOMEH Market Pulse — Centennial Scarborough, Scarborough closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

suburban family-friendly community-focused

Centennial Scarborough is a suburban neighbourhood in Scarborough, Ontario. It offers a mix of residential homes and local amenities, making it a suitable place for families and individuals alike.

Strong community with a population of 13,453 High ownership rate at 92.2% Good schools with an average rating of 6.9 Diverse population with 36.7% immigrants Access to parks and playgrounds

Centennial Scarborough, Scarborough — HOMEH neighbourhood guide

Scarborough, Ontario

Day to dayLivability

6.9

Schools near listings

out of 10 · averaged over 725 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$1,198,500

24% above Scarborough 69% above Ontario

In Centennial Scarborough

$1,198,500

In Scarborough

$968,800

In Ontario

$709,000

Median monthly rent

$2,270/mo

5% below Scarborough 9% below Ontario

In Centennial Scarborough

$2,270

In Scarborough

$2,400

In Ontario

$2,500

≈ 44 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $1,198,500

Houses 30

For rent

Median $2,270

Houses 14

Recently sold

Recently leased

Market data as of 2026-10-27. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Family-friendly environment with many schools
Affordable housing compared to city averages
Low crime rate and community-focused atmosphere
Good access to green spaces and recreational areas

Keep in mind

Limited public transit options
Higher median home prices than the city median
Fewer dining and shopping options

The feel of the placeLifestyle

Daily life here is relaxed and family-oriented, with a focus on community activities. Residents enjoy local parks and schools, contributing to a strong sense of belonging.

Great for families first-time buyers long-term residents

Within the boundaryWhat's nearby

The boundary

5.3 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Libraries

Pharmacies

Counted across all 5.3 km² of Centennial Scarborough. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

7.2/10

Average rating of the 5 rated schools in this area

Elementary

Secondary

Centennial Road Junior Public School
Public · Grades JK–6 · Toronto DSB
7.9/107.9 over 5 yrs
387th of 3,045 Ontario elementary schools
245 students · EQAO 2024-2025
St Brendan Catholic School
Catholic · Grades JK–8 · Toronto CDSB
7.8/108.0 over 5 yrs
433rd of 3,045 Ontario elementary schools
510 students · EQAO 2024-2025
Sir Oliver Mowat Collegiate Institute
Public · Grades 9–12 · Toronto DSB
7.0/106.5 over 5 yrs
220th of 742 Ontario secondary schools
950 students · EQAO 2024-2025
ÉÉC Saint-Michel
Independent · French · Grades JK–6 · CSC MonAvenir
6.6/10
1,165th of 3,045 Ontario elementary schools
220 students · EQAO 2024-2025
Charlottetown Junior Public School
Public · Grades JK–6 · Toronto DSB
6.5/106.5 over 5 yrs
1,231st of 3,045 Ontario elementary schools
390 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Centennial Scarborough, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

13,453

Population (2021)

5.4 km²

Area

2,489

People per km²

44.9

Median age

$137,107

Median income

92%

Own their home

People per household

4,420

Households

Every age

Children (under 15)15.9%
Working age (15–64)63.3%
Seniors (65+)20.8%

What is built here

Detached houses79.7%
Semi-detached3.5%
Townhouses11.1%
Duplexes3.5%
Low-rise apartments1.6%

Own or rent

92%Owners

8%Renters

Across 4,420 households

When it was built

Mostly 1961–1980

1960 or earlier6%
1961–198042%
1981–199014%
1991–200020%
2001–20055%
2006–20107%
2011–20153%
2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

36.7%
Born outside Canada: 39%
Hold a degree or higher: 53.9%
Employment rate: 14.5%
Commute by transit: 80.8%
Commute by car: 1.8
Children per family: $115,378
Median income after tax: $155,872
Average household income: 4.2%
Living on a low income: $1,259/mo
Renters pay, per month: $1,435/mo
Owners pay, per month: $1,021,565
Median home value at census: 24.1%
Renters spending 30%+ of income on housing: 13.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 21 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Centennial Scarborough actually rent for

145 homes were leased in Centennial Scarborough over the 12 months to September 2026. Half leased above $2,325 and half below, 18.3% lower than the 12 months before. A typical home found its tenant in 30 days — 2 days quicker than a year ago.

Median rent: $2,325; -18.3% year over year
Days to lease: 30; 2 days quicker
Leases closed: 145; last 12 months
Rent per square foot: $3.23/mo; from 122 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

$3,768$2,956$2,144$1,332

Oct ’23Oct ’24Oct ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,999/mo

on a $3,000 asking rent — under ask by $1

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 13.1%

From 145 leases that closed here in the last 12 months.

Rent or buy in Centennial Scarborough

36.5 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$1,018,125

100 sales

Median rent

$2,325/mo

145 leases

Gross rental yield

2.74%

before costs

Both figures come from deals that actually closed in Centennial Scarborough over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Centennial Scarborough

A single median hides this: the mix of homes behind it, and what each kind costs.

145leases

Condo apartment$2,25667.6%
Detached$2,9754.1%
Other kinds, too few of each —28.3%

How fast it moves

Median days on market, month by month. Taller means slower.

Nov 2023Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Centennial Scarborough, rentals

Monthly closed leases in Centennial Scarborough
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	6	$2,225	$1,900 – $3,113	35	100.0%
Aug 2026	9	$2,380	$2,100 – $2,800	19	100.0%
Jul 2026	24	$2,250	$2,150 – $2,813	29	100.0%
Jun 2026	37	$2,275	$2,050 – $2,400	39	100.0%
May 2026	23	$2,200	$2,100 – $2,400	25	100.0%
Apr 2026	23	$2,350	$2,250 – $2,525	22	100.0%
Mar 2026	8	$2,453	$2,175 – $2,725	20	99.1%
Feb 2026	3	Not enough leases this month to report a median
Jan 2026	3	Not enough leases this month to report a median
Dec 2025	1	Not enough leases this month to report a median
Nov 2025	3	Not enough leases this month to report a median
Oct 2025	5	$2,175	$1,875 – $2,900	37	100.0%
Sep 2025	2	Not enough leases this month to report a median
Aug 2025	7	$2,000	$1,500 – $2,725	47	100.0%
Jul 2025	6	$3,150	$3,025 – $3,350	28	100.0%
May 2025	2	Not enough leases this month to report a median
Apr 2025	3	Not enough leases this month to report a median
Mar 2025	2	Not enough leases this month to report a median
Feb 2025	4	Not enough leases this month to report a median
Jan 2025	2	Not enough leases this month to report a median
Dec 2024	2	Not enough leases this month to report a median
Nov 2024	4	Not enough leases this month to report a median
Oct 2024	4	Not enough leases this month to report a median
Sep 2024	7	$3,400	$2,375 – $3,500	20	100.0%
Aug 2024	8	$3,400	$2,913 – $3,600	37	100.0%
Jul 2024	3	Not enough leases this month to report a median
Jun 2024	7	$3,500	$2,863 – $3,500	40	100.0%
Apr 2024	6	$2,900	$2,013 – $3,510	29	100.0%
Mar 2024	4	Not enough leases this month to report a median
Feb 2024	2	Not enough leases this month to report a median
Jan 2024	2	Not enough leases this month to report a median
Dec 2023	2	Not enough leases this month to report a median
Nov 2023	5	$3,000	$2,400 – $3,300	26	100.0%
Oct 2023	3	Not enough leases this month to report a median

19 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Centennial Scarborough

How much does a home cost in Centennial Scarborough?

Homes in Centennial Scarborough sold for a median of $1,018,125 over the 12 months to September 2026, across 100 closed sales — half sold for more and half for less. That is 6.9% lower than the 12 months before it.

How long does it take to sell a home in Centennial Scarborough?

A home in Centennial Scarborough took a median of 19 days on the market over the 12 months to September 2026. Homes there closed at 98.9% of the asking price on average, with 40.0% selling over asking.

How much is rent in Centennial Scarborough?

The median lease in Centennial Scarborough closed at $2,325 a month over the 12 months to September 2026, across 145 leases.

Is it cheaper to rent or buy in Centennial Scarborough?

A home in Centennial Scarborough costs about 36.5 years of the rent on one — the median price of $1,018,125 against a median rent of $2,325 a month, a gross yield of 2.74%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Centennial Scarborough on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Centennial Scarborough