Buying in Scarborough
Scarborough is the epicenter of Toronto's current public transit megaproject buildout. The Scarborough Subway Extension (Line 2 eastward) and the Eglinton Crosstown are reshaping previously auto-dependent corridors into high-density, walkable hubs. Because Scarborough is part of the City of Toronto, new home buyers here access the coveted 'double rebate'—stacking up to $4,000 provincially and $4,475 municipally for an $8,475 land transfer tax relief at closing. For buyers priced out of the Downtown Core or North York, Scarborough's pre-construction towers along the Golden Mile and Kennedy nodes are pricing in tomorrow's subway access at today's values.
Local Tax Strategy
Toronto is the only city in Ontario with a municipal land transfer tax. Qualifying buyers can stack both the Provincial ($4,000) and Municipal ($4,475) rebates for a combined $8,475 in LTT savings at closing — the highest LTT relief in Canada.
Calculate Scarborough CostsHot Neighborhoods for 2026
Scarborough CentreUrban, commercial, high-growth
The civic and commercial heart of Scarborough, undergoing massive intensification with new condos and transit.
Top Development Sites
+ many other new developments — request a full list built to your specific home requirements and budget.
Market Highlights
- Official LTT Refund Zone
- 2026 Legislation Savings Hub
- High Pre-Construction Demand
- Transit-Oriented Communities
Pro Tip for Scarborough Buyers
"When comparing Scarborough to Durham Region, always run the LTT calculator. The $4,475 extra municipal LTT rebate you get in Scarborough often offsets the slightly higher purchase price when you calculate your actual cash required on closing day."
Common Questions: Scarborough New Home Buyers
Do new home buyers in Scarborough get the double Toronto Land Transfer Tax rebate?
Yes. Because Scarborough is an amalgamated district within the City of Toronto, purchasing a home here qualifies you for BOTH the Ontario Provincial LTT refund (up to $4,000) and the Toronto Municipal LTT rebate (up to $4,475). This combined $8,475 rebate is a massive closing-cost advantage over buying just across the border in Markham or Pickering, where only the provincial rebate applies.
Calculate Your Costs in Scarborough
Use our live engine to estimate land transfer tax, mortgage affordability, and rebates specifically for the Scarborough market.
Affordability Engine
2026 CMHC Reform Compliant
Household Income
Funding & Debts
Include car payments, credit cards, student loans, and lines of credit for an institutional-grade audit.
Affordability Strategy
Max Buying Power
Housing Breakdown (Monthly)
Qualification Logic
Institutional Audit Assumptions
FirstHomeOntario.ca is an independent resource and is not affiliated with any real estate brokerage, mortgage broker, the Government of Ontario, or the Government of Canada.
Ontario Land Transfer Tax
Official 2024/2026 Brackets
Regional tax calculations and rebates update as you shift parameters.
Your Tax Receipt
Breakdown of exactly what you will owe on closing day.
FirstHomeOntario.ca is an independent resource and is not affiliated with any real estate brokerage, mortgage broker, the Government of Ontario, or the Government of Canada.
Community Intelligence Map
Deep-dive into the Scarborough ecosystem. Explore key transit hubs, employment centers, and community assets that drive long-term value in this market.
Scarborough Intelligence Hub
Market Infrastructure
Markers indicate key infrastructure drivers and high-value community nodes in Scarborough.