386/388 Rusholme Rd
Dufferin Grove, Toronto, M6H 2Z5
FOR SALE
$3,698,000
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7 + 1
BEDROOMS5
BATHROOMS3 + 1
KITCHENS18 + 3
ROOMSC8310926
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Property Description
An impressive addition to your real estate portfolio. Future Redevelopment potential. Unique opportunity to purchase two detached homes on a combined 50x147' lot steps from Bloor St quick walk to two subway stations. 386 Rusholme is a spacious 3-bed single family home with origninal charm. 388 Rusholme is a duplex featuring 2-2 bedroom units, one lower level unit and a serviced detached garage currently set up as a work shop.Opportunity to get into this vibrant and redeveloping neighbourhood while you still can. Walk score 97/transit 87
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Extras
Serviced garage, parking for 6 cars, Seperate hydro meters,
Nearby Intersections
Bloor & Dufferin (27)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
50' x 147'
Fronting
West
Taxes
$14,805 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
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Toronto Market Statistics
Toronto Price Trend
386/388 Rusholme Rd is a 7-bedroom 5-bathroom home listed for sale at $3,698,000, which is $1,559,519 (72.9%) higher than the average sold price of $2,138,481 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 7 bedroom home in Toronto declined by $324,019 (13.2%) compared to the previous 30 day period (March 15 - April 13) and down $4,090,719 (65.7%) from the same time one year ago.Inventory Change
There were 17 7-bedroom homes listed in Toronto over the last 30 days (April 14 - May 13), which is up 240.0% compared with the previous 30 day period (March 15 - April 13) and up 41.7% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in Toronto typically sold ($86,519) (4.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $79,481 increase compared to the previous 30 day period (March 15 - April 13) and ($279,599) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 7-bedroom homes in Toronto over the last 30 days (April 14 - May 13) stood at 17.6%, down from 80.0% over the previous 30 days (March 15 - April 13) and down from 41.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 5-bathroom home in Toronto stood at 11 days when successfully sold over the last 30 days (April 14 - May 13), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Advantage Realty
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