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    130 Rusholme Road

    1for Sale
    0for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    7
    Number of Units:
    56
    Condo Completion:
    2017
    Condo Demand:
    High
    Unit Size Range:
    549 - 1,555 SQFT
    Unit Availability:
    Low

    Listing History for IT Lofts

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    Amenities

    Party Room
    Rooftop Deck
    Security System
    Bike Storage
    BBQs Allowed
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 130 Rusholme RoadIT Lofts

    The IT Lofts seem like a bit of a paradox: modern, geometric soft lofts just steps from the heart of one of Toronto’s most traditional neighbourhoods. While new buildings do crop up in Little Portugal from time to time, this area tends to feel more untouched by time than many others in the city, but given that this property is just next door in Dufferin Grove, you get all the benefits that come with a modern condo while also getting to enjoy a historic neighbourhood.

    Perhaps the 2016 introduction of these contemporary Toronto lofts at 130 Rusholme Road signal a change, then. Otherwise, they might serve as a reminder that Toronto is an ever-changing, dynamic place to live. Developed by Worsley Urban Partners, the IT Lofts are still modest, with the building spanning only 7 storeys.

    The exterior of the IT Lofts becomes slightly less humble where building materials are concerned. Glass and concrete are both standard yet sleek, while hints of marble indicate luxury and a sense of style. These design choices can be traced back to Raw Design, the architectural firm behind the soft lofts at 130 Rusholme Road. The building even boasts a green mandate, demonstrated by its innovative planter system for collecting rainwater, rather than the standard storm water tanks.

    In terms of more frivolous matters, the interiors were styled by Union31, an award-winning firm behind projects like 300 Front Street, 36 Hazelton, and One Old Mill. A select few amenities are also available to residents, such as a party and games room with pool table and dining area, along with the array of retail businesses located on the ground floor. Although residents are required to venture outside for a visit to the gym, the careful selection of amenities is correlated with lower maintenance fees, relative to other buildings in the city.

    The Suites

    Toronto condos for sale within the IT Lofts are just as impressive as the overall structure itself. A total of 56 units grace the building, each of which may span anywhere from around 500 to 1,500 square feet. These lofts range from one bedroom to two bedrooms plus dens, however each and every one is equipped with high ceilings that make them feel as spacious as can be.

    Private outdoor spaces are afforded to residents of 130 Rusholme Road. The Juliet balconies are encased in glass, and look just as good to pedestrians on the street as they do from inside. Glass is strategically used in other ways at the IT Lofts, for example sliding doors separate rooms while allowing light from the floor-to-ceiling windows to flow freely.

    Fourth-floor unit owners are especially privileged, thanks to the large terraces that come along with these homes. However, thanks to its central locale, the lofts boast excellent views in every direction.

    The Neighbourhood

    As mentioned above, the IT Lofts are located in Dufferin Grove next to the charming, enduring Little Portugal. While longstanding businesses such as eateries hawking Portuguese egg tarts can be found on virtually every block here, its location and charm has drawn some more contemporary businesses in recent years as well. Due to its placement just west of the city centre, the area is often sought out by creative entrepreneurs in search of cheaper rent and a hip clientele.

    The Common is a cozy spot for a coffee, while a fresh loaf of sourdough can be acquired from Prairie Boy Bakery. Residents can also head up to Bloor for some of the city’s best Ethiopian food or an array of quirky cocktail bars. A short trip south will land one amongst carefully curated boutiques on Dundas West, as well as some of the most imaginative and well-executed restaurants in Toronto.

    Independent markets along college are ideal for stocking up on fresh fruits and vegetables, however we realize that doesn’t always suffice. Thankfully, a large Metro is located just down the street, on College east of Ossington. Joe’s No Frills at Dufferin Mall is yet another place where residents can find inexpensive staples. And while this mall has been overlooked in the past, a recent major renovation has resulted in one of the best indoor shopping centres in the west end.

    Transportation

    Thanks to its Rusholme Road address, residents have easy access to the streetcars that travel along this major road. The streetcar stop at College and Havelock — the very same block as 130 Rusholme Rd — takes only a minute to reach on foot. From here, passengers can ride east toward the Yonge-University-Subway Line, or beyond.

    Drivers can also make use of College Street for accessing the city centre. Yonge and Dundas, for example, can be reached in about 15 minutes. Alternatively, when heading out of the city, drivers leaving from 130 Rusholme Road have their options: a northbound trip leads to the 401, southbound to the Gardiner Expressway, or westbound to the 427.

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    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar lofts

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,661
    Average Individual Income
    $64,462
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $96,006
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    18%
    35 - 49
    18%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    26%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    48%
    Detached
    31%
    Semi Detached
    11%
    Low Rise Apartment
    5%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    56%
    Cantonese
    17%
    Other
    11%
    Mandarin
    8%
    Tagalog
    3%
    Tamil
    3%
    Arabic
    1%
    Armenian
    1%
    Education
    University and Above
    31%
    High School
    28%
    None
    18%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    6%
    Education
    6%
    Humanities
    5%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    IT Lofts vs The Dufferin Grove Area

    Days on Strata

    Units at IT Lofts spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    8%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Dufferin Grove

    Turnover of Units

    On average, each unit is owned for
    6.8
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 3 condos in the Dufferin Grove area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    IT Lofts offers the
    ?
    best value out of 3 condos in the Dufferin Grove neighbourhood

    Appreciation Rank

    IT Lofts has the
    ?
    highest ROI out of 3 condos in the Dufferin Grove neighbourhood

    Rental Yield

    IT Lofts yields the
    ?
    highest rent prices out of 3 condos in the Dufferin Grove neighbourhood

    High Demand

    IT Lofts is the
    ?
    most popular building out of 3 condos in the Dufferin Grove neighbourhood

    Transaction Insights at 130 Rusholme Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$575,000No Data$945,000 - $967,000$941,000
    Avg. Cost Per Sqft$924No Data$960$887
    Avg. Wait for Unit Availability900 Days186 Days324 Days280 Days
    Ratio of Units in Building20%30%20%32%

    Unit Sales vs Inventory

    Total number of units listed and sold in Dufferin Grove