HonestDoor

    South Riverdale, Toronto - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Toronto, South Riverdale

    South Riverdale Real Talk: Your Home Is Worth More Than the City Thinks

    The Vibe Right Now

    If you own a place in South Riverdale, here is the honest picture. The market is not on fire, but it is not cooling off either. It is holding steady - and for houses especially, the numbers tell an interesting story about where real value sits versus what the city has on file.

    Houses: Solid Ground, Not a Sprint

    The average sale price for a house in South Riverdale is sitting at $1,826,000, with listings averaging $1,849,000 this month. Homes are selling at about 98.76% of list price, which means buyers are getting a small discount - but sellers are not giving the place away. One sale closed in the period, and it moved in 9 days. That is fast. If your house is priced right, it is not sitting.

    • Average sale price: $1,826,000
    • Average list price: $1,849,000
    • Price per square foot: $1,046
    • Sale-to-list ratio: 98.76%
    • Average days on market: 9
    • HonestDoor Price: $1,344,448 (up 0.82% from last period)
    • Rental estimate: $5,109 per month
    • Airbnb estimate: $254 per night
    • Rental yield: 4.26%
    • Growth rank: 24 out of 43 Toronto neighbourhoods

    On the neighbourhood leaderboard, houses in South Riverdale rank 24 out of 43 for growth - right in the middle of the pack. Not leading the charge, but not falling behind either. Price rank is 7 out of 8, which means we are among the more affordable house markets in Toronto. For buyers, that is a green light. For sellers, it means pricing strategy matters more than ever.

    Condos: The Quiet Outperformer

    Here is something worth paying attention to. Condo values in South Riverdale jumped 8.67% in the last period. That is not a typo. The HonestDoor Price for condos is now $784,527, and the predicted market value is $721,956 - up from a 3-month moving average of $718,879. The trend is moving in the right direction.

    • HonestDoor Price: $784,527 (up 8.67% from last period)
    • Predicted market value: $721,956
    • 3-month moving average: $718,879
    • Rental estimate: $3,548 per month
    • Airbnb estimate: $176 per night
    • Rental yield: 3.40%
    • Growth rank: 29 out of 44 Toronto neighbourhoods
    • Airbnb rank in Toronto: 22 out of 44

    On the condo leaderboard, South Riverdale ranks 29 out of 44 for growth - below average, but the recent 8.67% bump suggests momentum is building. Compare that to nearby Regent Park at $653,482 or Moss Park at $755,825, and South Riverdale condos are holding a premium. Owners here are sitting above the neighbours.

    The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

    Here is why this matters right now. The city's property assessment is a snapshot frozen in time. It does not update when the market moves, when your street gets more desirable, or when condo values jump 8.67% in a single period. Your tax assessment is looking in the rearview mirror.

    The HonestDoor Price is a real-world check - updated regularly using actual market data. For houses, it is sitting at $1,344,448. For condos, $784,527. These numbers reflect what is happening on the ground today, not what a government office recorded a year or two ago. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to start with, not the assessment notice in your drawer.

    So What Does This Mean If You Are Thinking About Selling This Summer?

    For house owners, the window is real. Homes are moving in 9 days when priced correctly, and buyers are paying close to full ask. The market is stable - not frenzied, not frozen. That is actually a good environment to sell in, because serious buyers are still active and not playing games.

    For condo owners, that 8.67% price increase is your cue to get a current valuation. If you have been sitting on the fence, your position just got stronger. Rental demand is healthy at $3,548 per month, and your Airbnb rank of 22 out of 44 in Toronto means short-term income potential is above average for the city.

    Bottom line - South Riverdale is not the flashiest market in Toronto right now, but it is dependable. Prices are holding, demand is real, and if you know your actual number - not the city's old guess - you are in a much better spot to make a smart move this summer.

    south riverdale | toronto | july 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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