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Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $529,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 155 Dalhousie Street PH42, Toronto C08, ON M5B 2P7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $529,900 in Toronto, the legal minimum down payment is $27,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,073 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,073 also applies, bringing the total estimated land transfer taxes to $14,146.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.