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This study explored the relationship between residential mobility and academic achievement in Toronto. Residential mobility has been linked to declines in achievement, primarily due to the stress associated with changing schools or homes. Regression analysis revealed that high mobility has a negative impact on achievement, but only in high-dwelling-value neighborhoods. Conversely, in neighborhoods with lower dwelling values, mobility had a surprising positive effect. This could reflect local support programs or increased funding tied to rising enrollment. In gentrifying areas, the presence of higher-income families may introduce protective factors that boost school performance. However, such gains may obscure within-school achievement gaps. School districts should acknowledge the multifaceted impacts of mobility and implement targeted strategies to mitigate hidden disparities in student outcomes.