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Riverdale Real Estate Toronto



 

Riverdale, portal to Toronto’s east end, is defined by its vibrancy, diversity, authenticity & character. Tree-lined streets, stately homes, & distinctive shopping districts all combine to make Riverdale an ideal location for desirable urban living. Singles and families alike enjoy Riverdale for such features as Danforth conveniences, excellent schools, safety, proximity to 2 parks, and quick, easy access to downtown.

The area considered to be “prime Riverdale” is bordered by Mortimer Street on the North to Gerrard on the South, Broadview on the West and Pape Street on the East.

2004 Sales Stats:

  • # of Homes Sold: 239
  • Avg List Price: $490,918
  • Avg Sold Price: $508,037
  • Avg Days on Market: 14

Here are a few facts about Riverdale you may find interesting:

  • Average Home Price:
    $550,000 first time buyer
    $1,300,000 high end
  • Average Age:
    30-50
  • Approximate # of Homes:
    5400 (excluding condos)

Reasons why people list their homes for sale:

  • Upsize: 37%
  • Relocation: 27%
  • Investor: 14%
  • Downsize: 12%
  • Divorce: 8%
  • Death: 2%

Reasons for relocation:

  • Retirement: 50%
  • Job Transfer: 7%
  • Other: 43%

Upsizing Stats:

  • Same Area: 58%
  • Out of Area: 42%

Downsizing Stats:

  • Out of Area: 67%
  • Same Area: 33%

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