Prego Townhomes II, Rusholme Park Cres: 18 Gated Homes Off College

Prego Townhomes II is the kind of complex I suggest to a family that has outgrown a condo but is not ready for a full house and everything that comes with it. There are only 18 homes, behind a gate, on a short crescent just off College Street, built by Prego Builders in 2003. Parking and water are in the fee. The questions are about a small corporation’s finances, not about the street. I’m Jatin Dua, RE/MAX Quantum Realty.

Eighteen red-brick homes behind a gate

Rusholme Park Crescent is a short street just off College, and Prego Townhomes II takes up a gated pocket of it. Condos.ca describes the homes as Victorian-styled red-brick townhouses, which is a sensible choice on a block of older brick houses: the complex reads as part of the street rather than a new insertion.

This is the second Prego project in the area. Condos.ca also lists Prego Townhomes I at 995 and 1021 College Street, so the builder knew this stretch of the west end well.

The two complexes are worth comparing. Condos.ca lists Prego Townhomes I as 21 homes on College itself, of roughly 1,437 to 1,697 square feet, with a fee covering common elements, insurance and water but not parking. Prego II trades a College Street address for a gated crescent and puts parking in the fee. If both have a home for sale, see them on the same day.

A gate is a real feature for families with young children and for owners who travel, but it is also a piece of equipment the corporation has to maintain and eventually replace. Ask how it has been serviced and who pays when it breaks.

Gated also means quiet. With no through traffic and only 18 households, the crescent behaves more like a private courtyard than a city street, which is exactly what many families moving from a condo are looking for.

Two storeys, a roof deck and your own front door

Condos.ca lists the homes as two storeys, with rooftop decks and barbecues permitted. That combination is the appeal: you get a front door, a private outdoor space you can actually use and a layout that feels like a house, without a tower’s elevators and hallways.

No floor plans or square footages were published for the complex when I checked, so confirm the size and the number of levels for the specific home with the floor plan and the seller’s measurements. Do not rely on a listing description alone.

Roof decks are where townhouse complexes of this age most often need money. The deck surface, the membrane under it and the flashing at the doors all wear out. Ask whether any have been redone and whether the declaration makes the deck the owner’s or the corporation’s responsibility.

What a fee with parking and water really covers

The fee includes building insurance, parking and water. Parking in the fee is valuable here, because street parking near College is limited and permits are not guaranteed. Water being included suggests shared metering, so you will likely be paying for some of your neighbours’ use and they for yours.

Heat, hydro and anything inside your own home are on you. That is normal for townhouses and is part of why the fee is usually lower than in an apartment building, but it means you should budget for your own heating system and its eventual replacement.

College Street, west end

The crescent sits on the quieter side of College, close to the restaurants and cafés of the Little Italy and Little Portugal stretch and within walking distance of Dufferin Grove. The College streetcar is at the corner, and the automatic panel on this page covers transit and walkability in detail.

The street is changing slowly. College Street west of here is seeing mid-rise proposals, such as an eight-storey mass timber rental proposed in 2026 at College and Lansdowne on the site of a former car wash. A gated townhouse pocket like this one is unlikely to change, but the main street around it will keep densifying, which tends to bring more shops and more people.

How to think about price here

There were no homes listed for sale in the complex when I checked, and with only 18 homes, sales are infrequent. That makes pricing harder than in a large building. The useful comparisons are recent sales within the complex, other condominium townhouses along College and Dundas, and freehold row houses on the nearby residential streets.

Against a freehold house, you are trading land and full control for a fee, shared upkeep of the exterior and included parking. Against a two-bedroom condo apartment, you are paying more for a front door, a roof deck and more privacy. Which side of that trade you are on decides whether the price makes sense.

Because sales are rare, a well-kept home here can attract more than one buyer when one comes up. If you want to be told when that happens, or want a read on what similar townhomes have actually sold for, my building sold report is the place to start.

Building specifications

Amenities at Prego Townhomes II

There is no gym, pool or party room, and you should not want one in an 18-home complex: those costs would land on very few owners. What you get is the gate, a security system and your own roof deck with a barbecue, which is the amenity most townhouse buyers actually use.

Jatin’s honest take on Prego Townhomes II

Prego Townhomes II — frequently asked questions

Looking at Queen West, Trinity-Bellwoods, Kensington and Little Italy more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.