Description

Riversdale is one of the oldest neighbourhoods in Saskatoon, Saskatchewan, Canada, located near the downtown area. It includes the business district of 20th Street. It consists mostly of low-density, single detached dwellings. As of 2011, the area was home to 2,135 residents.Riversdale has experienced an economic and development boom since 2012 and has even been called Canada's Next Great Neighbourhood. However, the neighbourhood is still considered a lower-income area, with (based on the 2006 Canadian Census) an estimated average family income of $35,849, an estimated average dwelling value of $120,835 and an estimated home ownership rate of 36.0% According to MLS data, the average sale price of a home as of 2013 was $224,807.Incorporated as a town in 1905, Riversdale was one of the three original settlements that merged to form the city of Saskatoon in 1906.