Real Estate for Sale in Riverdale Road, Thunder Bay, ON

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Neighbourhood in Thunder Bay

Riverdale Road

quiet family-friendly suburban

Riverdale Road is a quiet neighbourhood in Thunder Bay. It offers a mix of residential living with easy access to local amenities.

Median home price: $699,900 Median rent: $3,200 Population: 1,510 High ownership rate: 99% One gym available

At a glance

Photo of 1027 Riverdale Road
For SaleNew ListingLarge Lot
Listed for:

Listed 1 day ago

$625,000

1027 Riverdale Road

Thunder Bay (Riverdale Road), ON P7J 1N3

4Bedrooms
1Bathroom
0Garage
1.5K-2KSq Ft

DetachedFor Sale

Photo of 2196 Falconcrest Drive
For Sale
Listed for:

Listed Sep 2, 2026

$699,900

2196 Falconcrest Drive

Thunder Bay (Riverdale Road), ON P7J 1H5

2 + 1Bedrooms
3Bathrooms
2Garage
1.1K-1.5KSq Ft

DetachedFor Sale

What it costsAffordability

Median asking price

$699,900

80% above Thunder Bay 3% below Ontario

In Riverdale Road

$699,900

In Thunder Bay

$389,900

In Ontario

$720,000

Median monthly rent

$3,200/mo

44% above Thunder Bay 28% above Ontario

In Riverdale Road

$3,200

In Thunder Bay

$2,225

In Ontario

$2,500

≈ 18.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

2

Median $699,900

Houses 2

For rent

0

Median $3,200

Recently sold

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Recently leased

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Market data as of 2026-10-01. 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

  • Low crime rate
  • Strong community feeling
  • Predominantly single-detached homes
  • High median income

Keep in mind

  • Limited amenities like parks and schools
  • Higher prices compared to city median

The feel of the placeLifestyle

Life in Riverdale Road is peaceful, with a focus on family living. Residents enjoy a suburban feel with a strong sense of community.

Great for families home buyers those seeking a quiet lifestyle

Within the boundaryWhat's nearby

The boundary

13.9 km²

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

2

Restaurants

1

Gyms

Counted across all 13.9 km² of Riverdale Road. From OpenStreetMap, as of 2026-10-12.

The peopleWho lives here

1,510

Population (2021)

17.2 km²

Area

88

People per km²

44.6

Median age

$148,791

Median income

99%

Own their home

2.8

People per household

505

Households

Every age

  • Children (under 15)14.6%
  • Working age (15–64)68.2%
  • Seniors (65+)17.2%

What is built here

  • Detached houses100%

Own or rent

99%Owners

0%Renters

Across 505 households

When it was built

Mostly 1991–2000

  • 1960 or earlier6%
  • 1961–198015%
  • 1981–199032%
  • 1991–200035%
  • 2001–20056%
  • 2006–20102%
  • 2011–20152%
  • 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.

8.5%
Born outside Canada
34%
Hold a degree or higher
59.3%
Employment rate
0%
Commute by transit
92.4%
Commute by car
1.7
Children per family
$124,474
Median income after tax
$163,318
Average household income
2.7%
Living on a low income
$1,152/mo
Owners pay, per month
$458,358
Median home value at census
0%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 3 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, HOMEH school registry