403-155 Dalhousie Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13507844
About this home
Welcome to the iconic Merchandise Lofts, one of Toronto's most celebrated authentic hard loft conversions, originally built in the early 1900s and thoughtfully transformed into a premier residential address. This award-winning building is renowned for its industrial-chic character, exceptional scale, and unmatched lifestyle amenities including a stunning rooftop terrace with panoramic city views, indoor pool, fitness centre, basketball court, party room, and 24-hour concierge.This stylish and expansive loft offers approximately 1,493 sq. ft. of beautifully maintained living space-perfect for both everyday living and entertaining. Featuring soaring 12-foot ceilings, polished concrete floors, pot lights, and a gas fireplace, the unit blends warmth with modern urban design. The open-concept layout is airy and filled with natural light from wall-to-wall oversized warehouse-style windows. A generously sized den with a separate entrance provides incredible flexibility-ideal as a private home office, studio, or potential second bedroom. Meticulously kept and move-in ready, this loft delivers both function and character in one impressive package. Unbeatable downtown location just steps to Toronto Metropolitan University (formerly Ryerson), Dundas Square, Eaton Centre, Metro grocery, and some of the city's best dining, shopping, and transit options.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13507844
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 1400-1599
- Cross streets
- Church & Dundas
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- East
- Days on market
- 22
- Listing brokerage
- ROYAL LEPAGE TERREQUITY PORTFOLIO REALTY
Rooms
4 pc ensuite · double closet · stainless steel appl
concrete floor · combined w/living
separate room · sliding doors
concrete floor · sliding doors
concrete floor · large window · fireplace
centre island · open concept · stainless steel appl
Listed at $3,700/mo, this rental is about 16% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.
In Church-Yonge Corridor lately, landlords have been getting about 100% of asking and homes lease in about 13 days.
There were not many closely comparable homes right in Church-Yonge Corridor, so I widened the search to the surrounding area.
Based on 5 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 5 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, leased for $3,695/mo
- Size difference +$354/mo
- Bedrooms +$75/mo
- Adjusts to $4,124/mo
That comparable adjusts to $4,124/mo; the $4,428/mo estimate above is the median of all 5 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.
The assigned public school is Lord Dufferin Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $4,428/mo, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Church-Yonge Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $2,960 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19
- Toronto municipal land transfer tax
- $19
- Estimated closing costs
- $37
Plus your down payment of $740. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $948
- Principal paid down
- $377
- Interest paid
- $571
- Balance remaining
- $2,583
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY PORTFOLIO REALTY. MLS®/PropTx.