Real Estate for Rent in North Riverdale, Toronto, ON

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

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Neighbourhood in Toronto

North Riverdale

community-oriented family-friendly walkable diverse

North Riverdale is a vibrant neighbourhood in Toronto. It offers a mix of residential options and a strong community feel.

High walkability score of 93 Multiple parks and playgrounds available Strong community with 11,491 residents

Day to dayLivability

Walkability

out of 100 · averaged over 20 past and present listings

Average walk score reported on listings here

6.7

Schools near listings

out of 10 · averaged over 554 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

$1,739,000

66% above Toronto 145% above Ontario

In North Riverdale

$1,739,000

In Toronto

$1,049,000

In Ontario

$710,000

Median monthly rent

$1,895/mo

21% below Toronto 24% below Ontario

In North Riverdale

$1,895

In Toronto

$2,400

In Ontario

$2,500

≈ 76.5 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $1,739,000

Houses 7

For rent

Median $1,895

Houses 10

Recently sold

Recently leased

Market data as of 2026-10-21. 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
Access to public transit
Rich in local amenities
High percentage of residents with post-secondary education

Keep in mind

Housing prices are above the city median
Rent prices are lower than the city median

The feel of the placeLifestyle

Daily life in North Riverdale is lively, with plenty of shops and parks. Residents enjoy a close-knit community atmosphere.

Great for families young professionals first-time buyers

Within the boundaryWhat's nearby

The boundary

1.8 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

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 1.8 km² of North Riverdale. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

8.0/10

Average rating of the 4 rated schools in this area

Elementary

Secondary

Pape Avenue Junior Public School
Public · Grades JK–6 · Toronto DSB
8.6/108.7 over 5 yrs
150th of 3,045 Ontario elementary schools
285 students · EQAO 2024-2025
Withrow Avenue Junior Public School
Public · Grades JK–6 · Toronto DSB
8.5/108.4 over 5 yrs
175th of 3,045 Ontario elementary schools
500 students · EQAO 2024-2025
Frankland Community School Junior
Public · Grades JK–6 · Toronto DSB
7.7/108.1 over 5 yrs
476th of 3,045 Ontario elementary schools
285 students · EQAO 2024-2025
Holy Name Catholic School
Catholic · Grades JK–8 · Toronto CDSB
7.3/106.5 over 5 yrs
687th of 3,045 Ontario elementary schools
315 students · EQAO 2024-2025
Aisling Discoveries Child & Family
Catholic · Grades JK–8 · Toronto CDSB
Not rated
CALC Secondary School
Public · Grades 9–12 · Toronto DSB
Not rated
565 students

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

11,491

Population (2021)

1.8 km²

Area

6,492

People per km²

43.7

Median age

$123,374

Median income

59%

Own their home

2.4

People per household

4,880

Households

Every age

Children (under 15)15.7%
Working age (15–64)67.2%
Seniors (65+)17.1%

What is built here

Detached houses16.5%
Semi-detached26.8%
Townhouses7.3%
Duplexes6.2%
Low-rise apartments28.2%
High-rise apartments14%
Other attached homes0.7%

Own or rent

59%Owners

42%Renters

Across 4,880 households

When it was built

Mostly 1960 or earlier

1960 or earlier77%
1961–198016%
1981–19903%
1991–20001%
2001–20050%
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.

24%
Born outside Canada: 57.6%
Hold a degree or higher: 60.6%
Employment rate: 22.4%
Commute by transit: 44.4%
Commute by car: 1.7
Children per family: $102,484
Median income after tax: $181,694
Average household income: 8.3%
Living on a low income: $1,595/mo
Renters pay, per month: $1,804/mo
Owners pay, per month: $1,616,403
Median home value at census: 31.4%
Renters spending 30%+ of income on housing: 14.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 23 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 Market Pulse Through September 2026 Moderate sales history

What homes in North Riverdale actually rent for

91 homes were leased in North Riverdale over the 12 months to September 2026. Half leased above $2,885 and half below, 6.1% lower than the 12 months before. A typical home found its tenant in 21 days.

Median rent: $2,885; -6.1% year over year
Days to lease: 21; Unchanged
Leases closed: 91; last 12 months
Rent per square foot: $3.14/mo; from 71 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.

$5,587$4,200$2,813$1,426

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,997/mo

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

−10%Asking rent+10%

Of the asking rent: 99.9%
Leased over asking: 18.7%

From 91 leases that closed here in the last 12 months.

Rent or buy in North Riverdale

48.3 years

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

Median sold price

$1,670,486

96 sales

Median rent

$2,885/mo

91 leases

Gross rental yield

2.07%

before costs

Both figures come from deals that actually closed in North Riverdale 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 North Riverdale

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

91leases

Semi-detached$3,6005.5%
Other kinds, too few of each —94.5%

How fast it moves

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

May 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — North Riverdale, rentals

Monthly closed leases in North Riverdale
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	8	$2,225	$1,874 – $4,038	21	100.0%
Aug 2026	10	$3,398	$2,694 – $4,200	12	100.0%
Jul 2026	8	$2,545	$2,100 – $3,621	22	100.0%
Jun 2026	6	$2,775	$2,498 – $3,750	10	100.6%
May 2026	6	$2,048	$1,824 – $3,513	13	100.0%
Apr 2026	7	$2,450	$1,713 – $3,100	28	100.0%
Mar 2026	11	$3,100	$2,403 – $3,925	13	100.0%
Feb 2026	3	Not enough leases this month to report a median
Jan 2026	5	$4,100	$2,995 – $4,550	16	100.0%
Dec 2025	7	$2,795	$2,473 – $2,850	31	100.0%
Nov 2025	7	$3,600	$2,750 – $4,300	22	100.0%
Oct 2025	13	$2,900	$2,300 – $4,600	17	100.0%
Sep 2025	8	$2,395	$1,725 – $2,696	20	98.6%
Aug 2025	5	$3,500	$2,900 – $3,800	16	100.0%
Jul 2025	7	$2,900	$2,250 – $3,150	13	100.0%
Jun 2025	11	$3,350	$2,875 – $3,575	20	100.0%
May 2025	9	$3,500	$2,600 – $5,300	13	100.0%
Apr 2025	9	$2,000	$1,850 – $3,600	36	100.0%
Mar 2025	10	$2,650	$2,140 – $3,593	21	100.0%
Feb 2025	4	Not enough leases this month to report a median
Jan 2025	4	Not enough leases this month to report a median
Dec 2024	2	Not enough leases this month to report a median
Nov 2024	7	$3,750	$2,125 – $4,775	20	100.0%
Oct 2024	4	Not enough leases this month to report a median
Sep 2024	7	$3,250	$3,050 – $4,148	9	100.0%
Aug 2024	6	$2,860	$2,711 – $3,631	13	100.0%
Jul 2024	12	$2,675	$1,994 – $3,349	16	100.0%
Jun 2024	5	$3,470	$2,450 – $4,000	45	101.3%
May 2024	7	$2,700	$2,200 – $3,250	45	100.0%
Apr 2024	2	Not enough leases this month to report a median
Mar 2024	5	$3,420	$2,450 – $4,025	66	100.0%
Feb 2024	13	$3,362	$3,125 – $3,813	23	100.0%
Jan 2024	6	$4,250	$3,675 – $4,575	54	100.0%
Dec 2023	16	$3,650	$1,946 – $4,150	7	100.0%
Nov 2023	10	$3,650	$3,400 – $3,700	31	100.0%
Oct 2023	8	$2,875	$2,563 – $4,063	21	100.0%

6 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 North Riverdale

How much does a home cost in North Riverdale?

Homes in North Riverdale sold for a median of $1,670,486 over the 12 months to September 2026, across 96 closed sales — half sold for more and half for less. That is 4.3% higher than the 12 months before it.

How long does it take to sell a home in North Riverdale?

A home in North Riverdale took a median of 9 days on the market over the 12 months to September 2026. Homes there closed at 110.7% of the asking price on average, with 70.8% selling over asking.

How much is rent in North Riverdale?

The median lease in North Riverdale closed at $2,885 a month over the 12 months to September 2026, across 91 leases.

Is it cheaper to rent or buy in North Riverdale?

A home in North Riverdale costs about 48.3 years of the rent on one — the median price of $1,670,486 against a median rent of $2,885 a month, a gross yield of 2.07%. The shorter that number, the closer buying is to renting before financing costs.

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