Old Toronto · Toronto Neighbourhood Guide
South Riverdale
Comfortable, above-average-income and mostly owner-occupied, in the heart of Old Toronto.
27,815
Population
38.8
Median Age
$100,000
Median Household Income
2.2
Avg. Household Size
What It Rents For
Renting in South Riverdale
$1,685
Average Rent / Month
2.6%
Rental Vacancy Rate
-12%
vs. GTA Average ($1,917)
Source: CMHC Rental Market Survey, October 2025 (Toronto (East) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.
About South Riverdale
South Riverdale leans owner-occupied, with around 57% of households owning, with a comfortable median household income of $100,000 — above the city median. Households span a range of ages and sizes — the kind of broad, mixed neighbourhood that holds value through cycles.
Rents sit below the GTA average of $1,917, keeping it accessible relative to much of Toronto. For owners here, the opportunity is rarely a teardown — it's heritage-sensitive renovations, additions, and garden suites that add space or rental income without leaving the neighbourhood.
Metrohomes has been designing and building across Old Toronto since 1988. Whether you're weighing a renovation, a garden suite, a multiplex, or a custom new build in South Riverdale, we bring a builder's eye to what a property can actually become.
What We Build Here
Building & Renovating in South Riverdale
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Common Questions About South Riverdale
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