Nine Condo Sales in a Month: How Riverside Square Buyers Should Read the October Numbers

TRREB's October 2026 data shows just nine condo apartment sales in district E01, the area that includes South Riverdale and Leslieville. That's too few to draw firm conclusions, but it's a good moment to show how to use district statistics sensibly. Riverside Square's postal area (M4M) falls within E01.

E01 Condo Apartments, October 2026

For context, TRREB reported 949 condo apartment sales in the City of Toronto in October at an average price of $659,214. E01's nine sales are under 1% of that total. E01 also had three condo townhouse sales at an average of $800,167.

What the Numbers Can and Can't Tell You

• Nine sales is a thin sample. One large suite or one discounted sale can move the average noticeably. The median is a steadier guide, but it also rests on very few sales.
• Supply looks larger than sales. With 59 active listings and 9 sales, supply was roughly six to seven months at October's pace, based on our own calculation. Treat that as a one-month snapshot, not a forecast.
• Sellers received about 98% of list price on average. That points to modest negotiating room, not steep discounts.
• The district isn't your building. E01 covers many buildings of different ages, sizes and fees. Riverside Square's mix of suites won't match the district average.

Better Ways to Judge a Riverside Square Suite

• Ask for sold history in the same building, for similar suites, over the past 12 months.
• Compare maintenance fees per square foot across buildings, and ask what the fee includes.
• Review the status certificate for the reserve fund, any planned special assessments and legal proceedings. Here's how to read a status certificate.
• Check insurance and unit coverage. See what the corporation insures vs. what you need personally.
• Look at the rental case if you're investing. Our rental yield breakdown walks through the numbers.

The Wider Market

Across the GTA, TRREB reported 1,385 condo apartment sales in October, down 10.4% from a year earlier, with an average price of $621,400, down 5.8%. On October 28, the Bank of Canada raised its policy rate to 2.50%. The next announcement is December 9. If you're planning to buy, get a current mortgage quote before you tour.

Selling at Riverside Square

Buyers have options, so pricing against recent sales in your own building matters more than any district average. For timing, see how long it takes to sell at Riverside Square. Nearby transit work is also in the news: see what City Council approved for the Ontario Line's Leslieville Station.

Source: TRREB Market Watch, October 2026. Supply estimates are our own calculation.

This article is for general information only and is not financial or legal advice. Figures are from TRREB's October 2026 Market Watch and reflect a very small number of sales. Have a lawyer review the status certificate before you buy.