144 Rusholme Road - DUFFERIN GROVE
This is a 4 bedroom, 1 bathroom detached house on a 27.5 x 147 foot lot just north of College at 144 Rusholme Road in Dufferin Grove.
And it has a lot of potential. Like A LOT. It just needs a lot of work.
According to the listing, it has been owned by the same owner since the 1920s. And I don't think much has been done to the house since then.
But this house could be updated with an extension at the back to become an amazing 4 bedroom house with 4 bathrooms, a large kitchen, and a family room.
Or you could just renovate within the existing foot print and make the small den and bedroom beside the master bedroom a bathroom and walk-in closet...
This house has been on the market for a month.
The first asking price was $1,199,000.
The price was just dropped to $1,099,000.
When a house like the semi on the 19.5 x 128 foot lot that needed a lot of work at 265 Markham Street in Little Italy...
Can sell in 6 days for $1,128,000...
I do not understand why this hasn't sold.
There is sooooooooooo much potential here.
And I don't see the development of the IT Lofts 3 doors away as a bad thing....
In fact, I see that as a good thing.
What am I missing?
P.S. It took me a while to figure out where these stairs were located until I realized it was they were the stairs to the basement.
Kind of creepy.