801-155 Dalhousie Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13848416

$1,299,900
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1600-1799Sq ft

About this home

In short

  • This loft is rare in every sense.
  • Few buildings in this city carry the presence of 155 Dalhousie.
  • Twelve-foot exposed concrete ceilings, signature fluted mushroom columns, and a renovated kitchen that earns its place in the open plan.
  • A rooftop terrace with lap pool and barbecue terrace.
  • Steps to the Dundas subway, the Eaton Centre, TMU, restaurants, and green space.

This loft is rare in every sense. An unforgettable space, in a building with endless amenities, just steps from the pulse of downtown Toronto. Welcome to The Merchandise Lofts. Few buildings in this city carry the presence of 155 Dalhousie. Originally built in 1910 as the Simpson's warehouse and converted into lofts in 2000, this is one of Toronto's largest and most storied hard loft conversions - a Chicago School landmark, heritage-designated, and utterly irreplaceable. The scale alone is something to behold. This coveted '01' corner plan is among the building's most sought-after. Two bedrooms, two baths, and an abundance of natural light pouring through walls of warehouse-scale windows. Twelve-foot exposed concrete ceilings, signature fluted mushroom columns, and a renovated kitchen that earns its place in the open plan. Thoughtfully updated and designed for real living - equally suited to quiet mornings or elevated entertaining. This is the floorplan people wait for. The amenities are, simply put, exceptional. A rooftop terrace with lap pool and barbecue terrace. An indoor basketball court, fully equipped gym, sauna, yoga studio, games room, party room, 24/7 concierge and rooftop dog run. A Metro supermarket on the ground floor. The building functions as a community unto itself - and that's before you step outside. When you do, the city is at your door. Steps to the Dundas subway, the Eaton Centre, TMU, restaurants, and green space. Transit score of 100. Walk score of 97. Getting anywhere is effortless. Staying home is even easier. Authentic. Iconic. Unmistakable.

Key facts

Property type
Condo Apartment, Loft
MLS®
C13848416
Bedrooms
2
Bathrooms
2
Size
1600-1799 sq ft
Cross streets
Yonge St and Dundas St E
Parking
1 garage (other)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$1,948/mo
Exposure
South West
Property tax
$6,277 / 2026
Days on market
18
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Living Room6.48 × 5.99 m

fireplace · built-in speakers · combined w/dining

Primary Bedroom6.60 × 4.01 m

large window · walk-in closet(s) · 5 pc ensuite

Kitchen6.48 × 2.82 m

open concept · stainless steel appl

Bedroom 25.18 × 4.42 m

large window · double closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Neighbourhood & location

Church-Yonge Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

North St. James Town
$765K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K
Niagara
$724K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 55% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Jr) School · Catholic elementary0.3 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary0.3 km · 98% at standard
Church Street Junior Public School · Public elementary0.7 km · 73% at standard
Native Learning Centre · Public secondary0.7 km
Jarvis Collegiate Institute · Public secondary0.9 km · 57% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary0.9 km
Winchester Junior and Senior Public School · Public elementary1.0 km · 76% at standard
Contact Alternative School School · Public secondary1.2 km
St Joseph's College School · Catholic secondary1.2 km · 76% at standard
Downtown Alternative School · Public elementary1.2 km
St Michael Catholic School · Catholic elementary1.2 km · 67% at standard
Orde Street Public School · Public elementary1.2 km · 76% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,925/mo
$282KIncome needed
4.6×Price ÷ income
$1,367Weekly cost
$44,946Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

71%mortgage
Mortgage $5,925Property tax $523Condo fee $1,948Total carry $8,396

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,750per month

Mortgage amount $1,039,920 · 4.49% over 25 years

$259,980Down payment (20.0%)
$1,039,920Loan before insurance
$0CMHC premium
$8,221Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,750
Property tax
$523
Condo / maintenance fees
$1,948
Heating
$0
Estimated monthly cost
$8,221

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$22,473
Toronto municipal land transfer tax
$22,473
Estimated closing costs
$44,946

Plus your down payment of $259,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,959/monthPayment at the qualifying rate

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

$685,049Total interest paid
$1,724,969Total of all payments
Principal $1,039,920 Interest $685,049
YearPrincipalInterestBalance
1$23,207$45,792$1,016,713
2$24,260$44,738$992,453
3$25,362$43,637$967,091
4$26,513$42,485$940,578
5$27,717$41,282$912,861
6$28,976$40,023$883,885
7$30,291$38,708$853,594
8$31,667$37,332$821,928
9$33,104$35,894$788,823
10$34,607$34,391$754,216
11$36,179$32,820$718,037
12$37,821$31,177$680,216
13$39,539$29,460$640,677
14$41,334$27,665$599,344
15$43,211$25,788$556,133
16$45,172$23,826$510,961
17$47,223$21,775$463,737
18$49,368$19,631$414,370
19$51,609$17,390$362,760
20$53,952$15,046$308,808
21$56,402$12,597$252,406
22$58,963$10,036$193,443
23$61,640$7,359$131,803
24$64,439$4,560$67,365
25$67,365$1,634$0

At the end of your 5-year term

Total paid over the term
$344,994
Principal paid down
$127,059
Interest paid
$217,935
Balance remaining
$912,861

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.

Let's connect

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.

Investor snapshot

Rental yield
Estimate$5,450/mo
$65,400Gross annual rent
2.2%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.0%
Gross yield
− Property tax $6,277− Condo fees $23,376− Insurance $600− Vacancy & upkeep $7,194Net operating income $27,953

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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