Condos for Rent in South Riverdale, Toronto, ON

Name: HOMEH Market Pulse — South Riverdale, Toronto closed sales and leases
Creator: HOMEH
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Neighbourhood in Toronto

South Riverdale

community-focused walkable family-friendly

South Riverdale is a vibrant neighbourhood in Toronto known for its diverse community and rich amenities. It offers a mix of residential options and easy access to parks and schools.

High walkability score of 96 Multiple parks and playgrounds Good schools with average rating of 6.6 Strong community with 28.9% immigrants

South Riverdale, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

Day to dayLivability

Walkability

out of 100 · averaged over 78 past and present listings

Average walk score reported on listings here

6.6

Schools near listings

out of 10 · averaged over 3,564 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

$989,900

5% below Toronto 39% above Ontario

In South Riverdale

$989,900

In Toronto

$1,037,000

In Ontario

$709,900

Median monthly rent

$2,700/mo

9% above Toronto 8% above Ontario

In South Riverdale

$2,700

In Toronto

$2,470

In Ontario

$2,500

$756

Per square foot

≈ 30.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

108

Median $989,900

Condos 59 · Houses 49

For rent

Median $2,700

Houses 45 · Condos 41

Recently sold

Recently leased

Market data as of 2026-10-25. 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

Close to public transit
Family-friendly environment
Abundant parks for outdoor activities
Diverse housing options available
Active community with many amenities

Keep in mind

Median home prices are above city average
Higher rent prices compared to city median

The feel of the placeLifestyle

Daily life in South Riverdale is lively and community-oriented, with many local shops and cafes. Residents enjoy easy access to recreational spaces and public transportation.

Great for first-time buyers families young professionals

Within the boundaryWhat's nearby

The boundary

9.1 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 9.1 km² of South Riverdale. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.8/10

Average rating of the 5 rated schools in this area

Elementary

Secondary

Riverdale Collegiate Institute
Public · Grades 9–12 · Toronto DSB
8.7/108.2 over 5 yrs
33rd of 742 Ontario secondary schools
1,600 students · EQAO 2024-2025
Morse Street Junior Public School
Public · Grades JK–6 · Toronto DSB
7.1/107.0 over 5 yrs
808th of 3,045 Ontario elementary schools
390 students · EQAO 2024-2025
St Joseph Catholic School
Catholic · Grades JK–8 · Toronto CDSB
6.6/105.6 over 5 yrs
1,165th of 3,045 Ontario elementary schools
225 students · EQAO 2024-2025
Leslieville Junior Public School
Public · Grades JK–6 · Toronto DSB
6.5/105.9 over 5 yrs
1,231st of 3,045 Ontario elementary schools
250 students · EQAO 2024-2025
Bruce Public School
Public · Grades JK–8 · Toronto DSB
5.3/105.3 over 5 yrs
2,037th of 3,045 Ontario elementary schools
260 students · EQAO 2024-2025
Dundas Junior Public School
Public · Grades JK–5 · Toronto DSB
Not rated
560 students · EQAO 2024-2025

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

28,264

Population (2021)

9.6 km²

Area

2,945

People per km²

Median age

$100,868

Median income

57%

Own their home

2.3

People per household

12,705

Households

Every age

Children (under 15)14.0%
Working age (15–64)73.1%
Seniors (65+)12.8%

What is built here

Detached houses7%
Semi-detached18.7%
Townhouses13.2%
Duplexes5.7%
Low-rise apartments31.8%
High-rise apartments22.5%
Other attached homes0.6%

Own or rent

57%Owners

43%Renters

Across 12,705 households

When it was built

Mostly 1960 or earlier

1960 or earlier52%
1961–198011%
1981–19905%
1991–20004%
2001–20052%
2006–20107%
2011–20159%
2016–20219%

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.

28.9%
Born outside Canada: 48%
Hold a degree or higher: 62.9%
Employment rate: 24.8%
Commute by transit: 48.5%
Commute by car: 1.6
Children per family: $86,306
Median income after tax: $135,726
Average household income: 11.7%
Living on a low income: $1,479/mo
Renters pay, per month: $2,065/mo
Owners pay, per month: $1,107,470
Median home value at census: 30.9%
Renters spending 30%+ of income on housing: 18.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 46 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, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What condos in South Riverdale actually rent for

At least 395 condos were leased in South Riverdale over the 12 months to September 2026. Half leased above $2,624 and half below, 2.1% lower than the 12 months before. A typical condo found its tenant in 17 days — 2 days quicker than a year ago.

10 of the last 12 months had at least 5 closed condos sales in South Riverdale. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median rent: $2,624; -2.1% year over year
Days to lease: 17; 2 days quicker
Leases closed: 395; last 12 months
Rent per square foot: $3.93/mo; from 351 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.

$4,121$3,415$2,710$2,004

Oct ’23Oct ’24Sep ’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: 11.1%

From 395 leases that closed here in the last 12 months.

Rent or buy in South Riverdale

21.4 years

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

Median sold price

$674,450

109 sales

Median rent

$2,624/mo

395 leases

Gross rental yield

4.67%

before costs

Both figures come from deals that actually closed in South 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.

How fast it moves

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

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — South Riverdale, rentals

Monthly closed leases in South Riverdale
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	31	$2,600	$2,200 – $3,175	12	100.0%
Aug 2026	41	$2,600	$2,300 – $2,800	16	100.0%
Jul 2026	30	$2,500	$2,250 – $3,000	13	100.0%
Jun 2026	37	$2,500	$2,300 – $3,050	15	100.0%
May 2026	38	$2,700	$2,300 – $2,900	13	100.0%
Apr 2026	38	$2,600	$2,200 – $3,000	21	100.0%
Mar 2026	32	$2,588	$2,338 – $2,800	26	100.0%
Feb 2026	33	$2,650	$2,400 – $3,100	22	100.0%
Jan 2026	28	$2,600	$2,288 – $3,099	20	100.0%
Dec 2025	18	$2,775	$2,223 – $3,200	27	100.0%
Nov 2025	29	$2,800	$2,425 – $3,000	15	100.0%
Oct 2025	40	$2,650	$2,211 – $2,999	14	100.0%
Sep 2025	35	$2,750	$2,200 – $3,325	17	100.0%
Aug 2025	33	$2,600	$2,300 – $2,900	18	100.0%
Jul 2025	34	$2,488	$2,161 – $2,869	23	100.0%
Jun 2025	28	$2,875	$2,375 – $3,236	13	100.0%
May 2025	48	$2,600	$2,300 – $2,963	23	100.0%
Apr 2025	37	$2,850	$2,600 – $3,250	13	100.0%
Mar 2025	38	$2,725	$2,425 – $3,100	22	100.0%
Feb 2025	40	$2,625	$2,444 – $2,819	17	100.0%
Jan 2025	36	$2,675	$2,400 – $3,025	24	100.0%
Dec 2024	22	$2,738	$2,363 – $3,200	21	99.1%
Nov 2024	33	$2,900	$2,550 – $3,350	14	100.0%
Oct 2024	38	$2,450	$2,150 – $2,900	22	100.0%
Sep 2024	47	$2,700	$2,350 – $3,125	22	100.0%
Aug 2024	49	$2,750	$2,500 – $3,200	27	100.0%
Jul 2024	46	$2,700	$2,411 – $3,075	29	100.0%
Jun 2024	29	$2,850	$2,665 – $3,000	39	100.0%
May 2024	31	$2,500	$2,375 – $2,950	41	100.0%
Apr 2024	19	$2,845	$2,400 – $3,025	41	100.0%
Mar 2024	16	$2,675	$2,344 – $3,000	30	100.0%
Feb 2024	23	$3,063	$2,375 – $3,975	33	100.0%
Jan 2024	30	$2,800	$2,275 – $2,925	22	100.0%
Dec 2023	46	$2,900	$2,550 – $3,125	22	100.0%
Nov 2023	64	$2,525	$2,300 – $3,024	16	100.0%
Oct 2023	52	$3,038	$2,800 – $3,238	12	100.0%

What people ask about South Riverdale

How much does a condo cost in South Riverdale?

Condos in South Riverdale sold for a median of $674,450 over the 12 months to September 2026, across at least 109 closed sales — half sold for more and half for less. That is 7.2% lower than the 12 months before it.

How long does it take to sell a condo in South Riverdale?

A condo in South Riverdale took a median of 26 days on the market over the 12 months to September 2026. Condos there closed at 96.7% of the asking price on average, with 9.2% selling over asking.

How much is rent for a condo in South Riverdale?

The median condo lease in South Riverdale closed at $2,624 a month over the 12 months to September 2026, across at least 395 leases.

Is it cheaper to rent or buy a condo in South Riverdale?

A condo in South Riverdale costs about 21.4 years of the rent on one — the median price of $674,450 against a median rent of $2,624 a month, a gross yield of 4.67%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in South 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.