Overview: 51 Rusholme Park Crescent is a detached house with 3 separate rental units located in Little Portugal. A solid investment opportunity for builders, investors & end-users.
Address: 51 Rusholme Park Crescent Toronto, ON M6J 2E1
Neighbourhood: Little Portugal
# of Storeys: 2.5
Size: 3241 sq. ft.
Lot Size: 26 x 72 ft.
Rooms: 5 + 2 bedrooms, 4 baths
About 51 Rusholme Park Crescent
51 Rusholme Park is the perfect investment opportunity for developers, renovators and end-users.
The house consists of 3 separate rental units.
While the main floor is move-in ready, the partially-finished loft and basement can be easily modified to meet your needs.
Plus, it’s located minutes from amazing parks, schools, restaurants, shops, transit and hospitals.
Buy it, rent it, or fix it and flip it—51 Rusholme is the investment opportunity you’ve been waiting for.
51 Rusholme Park Crescent – Main Floor
The main floor spans 873 sq. ft and includes the foyer, kitchen, living and dining rooms, and a bedroom.
Since the main floor is move-in ready, buyers don’t have to spend vast sums of money on renovations.
It also has a breakfast area and comes with a stainless-steel fridge, stove and rangehood.
The main floor is also home to a 3-piece bath.
Buyers who plan to live at 51 Rusholme can keep this floor for themselves and rent out the others.
Meanwhile, investors who want the property to generate income won’t have to spend thousands on costly upgrades.
51 Rusholme Park Crescent – Second Floor
But the similarities don’t end there…
The second floor is also exactly 873 sq. ft and boasts hardwood floors, new windows, and textured ceilings.
Besides the bedroom above, the second floor consists of 2 more bedrooms, a bathroom, a kitchen, and balcony.
It’s also spacious, naturally lit and contains a huge closet.
It also has luxurious floors, a large window and a capacious closet.
At 14.6 by 8.0 sq. ft., it’s the perfect spot for some family-time, whether it’s playing board games or having a barbecue.
In addition to receiving plenty of natural sunlight, the kitchen is remarkably spacious.
The kitchen also comes with a full-sized fridge, gas stove and rangehood.
With 3 bedrooms, a bath, kitchen, storage room and massive balcony, the second floor is the ideal rental unit.
51 Rusholme Park Crescent – Loft
51 Rusholme’s loft consists of a bedroom, bath and kitchen.
And since the floors look brand new, builders, renovators and landlords can save the expense of replacing them.
Although incomplete, the kitchen and breakfast area already contain a sink, fridge and ceramic floors.
Whether it’s re-tiling the bathroom, repainting the bedroom walls, or modernizing the kitchen, this loft can be customized to your exact needs.
51 Rusholme Park Crescent – Basement
It includes 2 bedrooms, a bathroom, kitchen, living and dining area, a storage room, and has its own separate entrance, making it the perfect rental unit.
Though the bathroom looks great, it’s only partly complete, thus giving buyers the ability to add their own finishing touches.
Like the loft, this basement is still unfinished.
However, that just means landlords, developers and renovators have the chance to rebuild it in a way that attracts even more buyers and tenants—and increases the home’s value.
51 Rusholme Park Crescent – Backyard
It’s also fenced for greater privacy, has enough space for patio furniture, and is an excellent place for fellow tenants to gather and socialize.
In fact, community gardens are rapidly rising in popularity throughout Toronto.
Floor Plans and Measurements
About Little Portugal
When it comes to Toronto neighbourhoods with the fastest rising home prices, Little Portugal ranks second.
blogTO reports that the area saw a 12.8% increase in home prices, with detached houses fetching nearly $2 million.
What’s the reason behind this surge in property values?
TorontoLife says it has to do with “Little Portugal’s popularity among the about-to-have-children set.”
But it’s not just families. According to The Washington Post:
Over the years, [Little Portugal’s] steadily been in transition, as many of the original residents have moved to the suburbs while urban professionals settled in.
So a mix of families and young professionals are flooding the neighbourhood—causing home prices to skyrocket—and making houses like 51 Rusholme Park Crescent very appealing.
In fact, 73.3% of homes in Little Portugal sell in less than 10 days, while 55.6% sell above asking!
Other Location Highlights:
- Great new bars and restaurant plus traditional bakeries and cafes
- Fantastic public, Catholic and alternative schools for kids of all ages
- Within walking distance of the Dufferin Mall and YMCA
- Wonderful green-spaces and scenic tree-lined streets
- 87 Bike and 83 Transit Score + a 2-minute walk to the College St streetcar
The WOW Factor
Buyers get 3,241 sq. ft. of space, including 5 + 2 bedrooms, 4 baths, 4 kitchens and a basement with its own entrance.
The house consists of 3 separate rental units, perfect for generating a steady income.
While the main floor is move-in ready, the partially-finished loft and basement can be built to your exact specifications.
Buy it, rent it, or fix it and flip it, 51 Rusholme is more than just a property—it’s an opportunity.
Want to know more about 51 Rusholme Park Crescent? Take the Virtual Tour or contact me below for details.
Real Estate Broker
Living Realty Inc., Brokerage
m: 416.903.7032 p: 416.975.9889
a: 7 Hayden Street Toronto, M4Y 2P2
w: www.winslai.com e: [email protected]
*Top Producer (Yonge and Bloor Branch) – 2017, 2018, 2019