GTA Cities and Neighbourhoods

How the Eglinton LRT Is Changing Toronto Real Estate Along Its Route

The Eglinton LRT has already moved the market along its route, but not evenly. Mount Dennis and Scarborough are where I still see room, and neighbourhood character is the part I would watch.

As of March 2026, the Eglinton LRT is already reshaping the market along its route, mainly by pulling new projects and new buyers toward the stations. What is left sits in the stretches that have not caught up with the change yet, with Mount Dennis the clearest one, and in Scarborough, where poor access was always the weak point.

I am Moe Asgarian, a real estate broker in Toronto, and I follow this closely because my clients buy and sell along this line. Housing complexes and construction projects have been opening here for years for exactly this reason, and even so there are still openings to find.

Older houses on a Toronto residential street along the Eglinton LRT route
Photo via Pexels

Mount Dennis Is the Part of Eglinton That Has Not Caught Up Yet

Mount Dennis is my first example. In the years after March 2026 this pocket of Toronto can turn into a busy, high traffic area full of cafes and local restaurants. We have watched it happen before. Wellington changed that way, and the reason was a Tridel project. So going after the houses and projects in this area can be a sound investment decision even in a market as quiet as the one we are in now in March 2026.

What Kind of Growth Is Realistic

If you can find well priced cases along the LRT route, growth of 20, 30 or even 40% in the few years after March 2026 is not a crazy thing to think about. Let me be careful with that number: it is my read as of March 2026, not a promise, and it rests entirely on buying at a sensible price. The line itself does not turn a bad purchase into a good one.

Mortgage documents and a calculator used to price a Toronto investment property
Photo via Pexels

Offices Are Opening Again, and That Changes What Buyers Want

As of March 2026, Toronto is slowly coming out of the work from home period. It looks like a lot of people will be back in offices over the next few years, which turns closeness to the LRT from a nice extra into a key factor. Think about why. When somebody has to commute every day, they would rather live near public transit they can actually use without a fight.

Scarborough: Access Was Always the Problem

Scarborough is the other area I would point to, and it is on the way up. As of March 2026, around 15 construction projects are coming out of the ground there. Its problem was always access, and with the LRT I think that problem has shrunk. That is a reasonable foundation for an investment case rather than a hope.

Commuters on a Toronto transit platform as offices reopen near the Eglinton line
Photo via Pexels

The Risk Nobody Brings Up: The Neighbourhood Itself Changes

Alongside these opportunities, the LRT can create some threats as well. We have seen many times that the arrival of public transit disturbs how local a neighbourhood feels. The reason is simple. Investors come in and launch very large projects, a lot of new residents are added at once, and sometimes the identity of the place disappears. Put all of it together and you are looking at a change in the fabric of these neighbourhoods in the five to ten years after March 2026.

What I Tell Clients Buying Near the Line

If you are investing, keep the homes near this project on your list. They have room to grow, and because they sit close to public transit they tend to resell well. If you are buying to live in, that is a different exercise. Get advice first and pick the neighbourhoods that genuinely suit living and raising a family, not only the ones with the best numbers on paper. My team and I can help with that.

High rise apartment towers in Scarborough, Toronto, where new projects are underway
Photo via Pexels

If you want an honest read on a specific address along Eglinton, fill out the form at the bottom of this page or book a free consultation. Stay well and take care.

Frequently asked questions

Will the Eglinton LRT raise property values along its route?

It already has, in the sense that projects and buyers have been moving toward the stations for years. As of March 2026, the stretches that have not caught up yet are where the room is. Measured from March 2026, well priced properties along the route could see growth of 20, 30 or even 40% over the following few years, though that depends entirely on paying a sensible price.

Which neighbourhoods near the Eglinton LRT are worth looking at in 2026?

Mount Dennis stands out, because as of March 2026 the line has not repriced it yet and it has what it takes to become a busy area with cafes and local restaurants, the way Wellington changed around a Tridel project. Scarborough is the other one, with around 15 construction projects underway as of March 2026 and access finally improved by the LRT.

Is there a downside to buying next to a new transit line?

Yes. The arrival of public transit often disturbs how local a neighbourhood feels. Investors launch very large projects, a lot of new residents arrive at once, and the identity of the area can disappear. In the five to ten years after March 2026 the fabric of these neighbourhoods changes, which matters more if you are buying a home to live in than if you are investing.

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