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

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Neighbourhood in Hamilton

Riverdale

family-friendly community-focused affordable

Riverdale is a neighbourhood in Hamilton, Ontario. It offers a mix of residential options and local amenities.

Median home price is $399,950 Average rent is $1,948 High school rating is 4.8 Diverse community with 43.4% immigrants Close to parks and restaurants

Riverdale, Hamilton — HOMEH neighbourhood guide

Hamilton, Ontario

Day to dayLivability

4.8

Schools near listings

out of 10 · averaged over 384 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

$399,950

44% below Hamilton 44% below Ontario

In Riverdale

$399,950

In Hamilton

$719,999

In Ontario

$718,000

Median monthly rent

$1,948/mo

8% below Hamilton 22% below Ontario

In Riverdale

$1,948

In Hamilton

$2,125

In Ontario

$2,500

≈ 17.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $399,950

Condos 21 · Houses 10

For rent

Median $1,948

Condos 8 · Houses 2

Recently sold

Recently leased

Market data as of 2026-10-13. 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

Affordable housing compared to city median
Strong community feel with diverse population
Good schools for families
Many parks for outdoor activities

Keep in mind

Limited public transit options
Higher unemployment rate at 16.2%

The feel of the placeLifestyle

Daily life in Riverdale is relaxed and community-oriented. Residents enjoy local parks and small businesses.

Great for first-time buyers families renters

Within the boundaryWhat's nearby

The boundary

1.6 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

Counted across all 1.6 km² of Riverdale. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

3.3/10

Average rating of the 2 rated schools in this area

Elementary

Lake Avenue Public School
Public · Grades JK–8 · Hamilton-Wentworth DSB
3.5/104.4 over 5 yrs
2,726th of 3,045 Ontario elementary schools
730 students · EQAO 2024-2025
St. Agnes Catholic Elementary School
Catholic · Grades JK–8 · Hamilton-Wentworth CDSB
3.0/105.5 over 5 yrs
2,825th of 3,045 Ontario elementary schools
330 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Riverdale, 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

10,220

Population (2021)

1.6 km²

Area

6,356

People per km²

41.1

Median age

$69,221

Median income

34%

Own their home

2.6

People per household

4,060

Households

Every age

Children (under 15)16.6%
Working age (15–64)64.5%
Seniors (65+)18.9%

What is built here

Detached houses20.6%
Semi-detached5%
Townhouses11.5%
Duplexes0.6%
Low-rise apartments1%
High-rise apartments62.2%

Own or rent

34%Owners

65%Renters

Across 4,060 households

When it was built

Mostly 1961–1980

1960 or earlier13%
1961–198063%
1981–199013%
1991–20008%
2001–20051%
2006–20100%
2011–20150%
2016–20210%

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.

43.4%
Born outside Canada: 15%
Hold a degree or higher: 45.8%
Employment rate: 7.7%
Commute by transit: 83.7%
Commute by car: 1.8
Children per family: $62,767
Median income after tax: $77,217
Average household income: 16.5%
Living on a low income: $1,094/mo
Renters pay, per month: $1,188/mo
Owners pay, per month: $513,908
Median home value at census: 30.9%
Renters spending 30%+ of income on housing: 15%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 13 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

HOMEH Market Pulse Condo apartments only Through September 2026 Thin sales history — read the monthly counts

What condos in Riverdale actually rent for

12 condos were leased in Riverdale over the 12 months to September 2026. Half leased above $1,858 and half below, 0.6% higher than the 12 months before. A typical condo found its tenant in 30 days — 9 days slower than a year ago.

Median rent: $1,858; +0.6% year over year
Days to lease: 30; 9 days slower
Leases closed: 12; last 12 months
Rent per square foot: $3.10/mo; from 12 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 condo here differs from the next.

$2,144$1,994$1,844$1,694

May ’25Jul ’25Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 8.3%

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

How fast it moves

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

May 2025Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Riverdale, rentals

Monthly closed leases in Riverdale
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	5	$1,800	$1,800 – $1,850	17	100.0%
Oct 2025	7	$1,900	$1,813 – $2,113	40	100.0%
Sep 2025	13	$1,900	$1,750 – $2,100	29	100.0%
Aug 2025	20	$1,850	$1,794 – $1,900	21	100.0%
Jul 2025	7	$1,775	$1,725 – $1,800	12	98.6%
Jun 2025	6	$1,838	$1,806 – $1,888	25	99.3%
May 2025	9	$1,825	$1,800 – $1,850	14	98.1%

What people ask about Riverdale

How much is rent for a condo in Riverdale?

The median condo lease in Riverdale closed at $1,858 a month over the 12 months to September 2026, across 12 leases.

Compiled by HOMEH from leases reported closed in Riverdale 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 condo. Not an appraisal or an opinion of value.

Condos for Sale in Riverdale, Hamilton, ON

At a glance