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Unit PH42 at The Merchandise Lofts

Sold

155 Dalhousie Street PH42, Toronto C08, ON M5B 2P7

MLS #C12267415

$518,000

Sold on October 20, 2025

October 20, 2025

Originally listed at $529,900 86 days on market

About This Property

Welcome to the renowned Merchandise Building Lofts, where industrial heritage meets modern urban living. Originally constructed in the early 1900s as the Simpson's department store warehouse, this landmark building has been thoughtfully converted into one of Toronto's most sought-after loft residences. With its preserved Chicago School architecture, this landmark building offers a rare opportunity to own a piece of Toronto's past, infused with modern luxury. Inside Penthouse-42, your eye is immediately drawn upward to the impressive 12-foot ceilings and exposed ductwork that define the authentic loft aesthetic. As you move through the hallway, you will pass a convenient in-suite laundry area and a spacious four-piece bathroom before arriving at the bedroom, which comfortably fits a queen-sized bed. In the main living area, the freshly updated kitchen is both functional and striking, complete with a library-style ladder that gives access to extra-tall cabinetry and maximizing storage. Eastern-facing windows flood the space with natural morning light and offer city views. This penthouse also includes one coveted parking space. The building boasts an exceptional selection of amenities, including a rooftop terrace complete with BBQs, a dog-walking area, indoor pool, and panoramic skyline views. Residents also enjoy access to a full fitness facility with a gym, sauna, half basketball court, games room, business centre, and 24-hour concierge service. Plus there is a Metro grocery store located right on-site add even more everyday convenience. Perfectly located in the heart of downtown, you are just steps from the Eaton Centre, TMU (Ryerson), TTC, parks, cafes, and endless entertainment. Live in a building that tells a story of legacy, innovation, and timeless style.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($729/mo) and property tax ($2,575/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$815/sqft
Church-Yonge Corridor
$849/sqft-4%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeHeat Pump
StyleLoft
Ensuite LaundryYes
Corp #TSCC-1369
MLS Size600-699
Listed OnJul 6, 2025
Maintenance Fees$729/month
Property Tax$2,575/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.96 x 3.2513.0 x 10.7-
Kitchen(Main)3.48 x 3.2511.4 x 10.7-
Bedroom(Main)3.05 x 2.6910.0 x 8.8-
Foyer(Main)1.91 x 1.756.3 x 5.7-

Room Dimensions Available

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Price History

Original List Price

$529,900

Listed on Jul 6, 2025

Sold Price

$518,000

Sold on Oct 20, 2025

-$11,900

-2.2%

86 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe Merchandise Lofts
Address155 Dalhousie Street, Toronto C08
Parking Type

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About Unit PH42 at The Merchandise Lofts

Unit PH42 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 600-699 square feet located at The Merchandise Lofts, 155 Dalhousie Street, Toronto C08. This unit is currently sold (sold for $518K).

About The Merchandise Lofts

The Merchandise Lofts is located at 155 Dalhousie Street, Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Church-Yonge Corridor Neighbourhood

This unit is located in Church-Yonge Corridor, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at The Merchandise Lofts, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit PH42 The Merchandise Lofts Toronto C08

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