521-155 Dalhousie St
Church-Yonge Corridor, Toronto, Ontario M5B 2P7
- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 1,600–1,799sq ft
- Per sq ft
- $524at the range’s middle
- Tax a year
- $582,3892026 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 521-155 Dalhousie St
521-155 Dalhousie St is a 2+1-bedroom, 2-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $889,900 (MLS® C14120474).
** Downtown grit. Serious loft credentials. Room to live large.** Welcome to the iconic Merchandise Lofts, where authentic warehouse character meets downtown sophistication. This rare 1,624 sq. ft. corner suite brings the goods: soaring 12-foot exposed concrete ceilings, fluted concrete columns, rich walnut hardwood floors and oversized industrial windows that pull in incredible natural light. Two bedrooms plus a fully enclosed den with potential for a third bedroom deliver the space to work, recharge and entertain without compromise.The main living space is built around volume and architectural impact, with an open-concept layout and a dramatic floor-to-ceiling travertine stone gas fireplace- a statement piece to amplify this space. The updated kitchen features stainless steel appliances, an oversized custom island and serious prep space, whether you're grabbing a quick coffee before the commute or hosting friends for the night.The primary bedroom is tucked away from the action, with generous closet space, custom organizers and an ensuite. A second bedroom works equally well for guests or a roommate, while the enclosed den makes an ideal home office or potential third bedroom. More space, more flexibility, no need to compromise.This is the real deal: authentic hard loft character, standout proportions and a location that puts you in the middle of everything. Steps to the Financial District, St. Lawrence Market, transit, restaurants and nightlife, with one parking space and a storage locker to round it all out. **Less cookie-cutter condo. More original character. All downtown.**
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$50,905/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 53 condos with 3 bedrooms for lease in Church-Yonge Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $582,389 / 2026
- MLS® number
- C14120474
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 1600-1799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Loft
- Community
- Church-Yonge Corridor
- Municipality
- Toronto
Building
- Size
- 1600-1799 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- The perks? Pretty hard to beat. A state-of-the-art, newly renovated fitness centre, rooftop terrace with dog run, skyline views, indoor pool, basketball court, guest suites and 24-hour concierge. Your post-work reset, weekend workout and last-minute guest stay are all covered.Step outside and you're in the thick of downtown Toronto. The Eaton Centre, St. Lawrence Market, Financial District, TMU, major hospitals and transit are all just steps away, with some of the city's best restaurants, coffee spots, cocktail bars and nightlife woven into the neighbourhood. An easy commute, a proper coffee on the way to work, and plenty of options when it's time to log off. Iconic hard loft. Serious square footage. Downtown at your doorstep. The kind of place that makes coming home the best part of the day. Inclusions: Fridge, stove, dishwasher, microwave, washer, dryer, freestanding mirror in living room, all electric light fixtures and all existing window coverings.
- Condo maint.
- $1,913
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 0.0 × 0.0 m | hardwood floor, B/I Closet, Track Lights | Main |
| Living | 4.5 × 6.4 m | hardwood floor, Gas Fireplace, Picture Window | Main |
| Dining | 1.8 × 3.8 m | hardwood floor, Combined W/Living, Large Window | Main |
| Kitchen | 2.6 × 3.6 m | Stainless Steel Appl, Centre Island, Open Concept | Main |
| Primary | 3.5 × 3.2 m | hardwood floor, Closet Organizers, 3 Pc Ensuite | Main |
| 2nd Br | 3.6 × 3.2 m | hardwood floor, Closet Organizers, 4 Pc Ensuite | Main |
| Den | 2.8 × 3.4 m | B/I Bookcase, Separate Rm, Concrete Floor | Main |
| Laundry | 0.0 × 0.0 m | B/I Closet, Separate Rm | Main |
Listing history
Buy/sell history for 521-155 Dalhousie St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $889,900 | N/A | For Sale | C14120474 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $177,980
- Total mortgage amount
- $711,920
- Total interest payment
- $506,080
- Total purchase cost
- $1,395,980
- Mortgage payment
- $4,060/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$54,505- Rent $3,600
- Shortfall $50,905
Rental income opens at $3,600, the median asking rent of 53 comparable homes for lease in Church-Yonge Corridor. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $14,273
- Toronto municipal land transfer tax
- $14,273
- Total land transfer tax
- $28,546
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $20,071
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $889,900
- $9,798
- Ontario total
- $14,273
Toronto’s municipal tax uses the same brackets at this price, so it adds another $14,273.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m104 test or monitoring holes also recorded.250 m
- Groundwater recorded about 11.5 m below ground nearbyThe middle water level in the well records within 500 m (393 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 100 building permits issued within 250 m in the last 2 years250 m
- 3 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 2.9 km2.9 km
- Mapped parcel: about 48,530 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 700 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- On the Heritage Register — Part IV, by-law 218-97
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 5.0 (c0.5; r5.0) SS1 (x1390)By-law
569-2013Municipality
Toronto1 5.0
Density: total floor area is capped at 5.0 times the lot area.
2 c0.5
Commercial floor area is capped at 0.5 times the lot area.
3 r5.0
Residential floor area is capped at 5.0 times the lot area.
4 x1390
Site-specific exception 1390: this site has rules of its own, written in the by-law.
5 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(1390)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
29 building permits cleared at this address in the City’s file.
Other(BA)Inspection
Proposal for rooftop dogwalk
Issued October 3, 2025
Garage Repair/ReconstructionInspection
Proposal for perform concrete repairs on the parking garage structure as well as to replace the asphalt paving topping on the suspended slabs.
Issued June 6, 2025
Building Permit Related(PS)Inspection
Plumbing - Proposal for interior alteration to an existing apartment residential unit- Unit 1110
Issued November 21, 2024
Interior AlterationsClosed
Proposal for interior alteration to an existing apartment residential unit- Unit 1110
Issued November 6, 2024
Interior AlterationsExaminer's Notice Sent
Interior alterations of an existing residential apartment - Unit 1012
Applied September 16, 2024
Building Permit Related(PS)Issuance Pending
Plumbing - Interior alterations of an existing residential apartment - Unit 1012
Applied September 16, 2024
Building Permit Related(PS)Inspection
Plumbing - Proposed renovation of kitchen island including relocation of kitchen sink and dishwasher.
Issued June 28, 2024
Interior AlterationsClosed
Proposed renovation of kitchen island including relocation of kitchen sink and dishwasher.
Issued June 3, 2024
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
202 JARVIS STSite planUnder Review
INACTIVE Site Plan Control application for a 44-storey (plus mechanical) development comprised of a 13-storey institutional base building (plus mechanical) which accommodates instructional space, research space, departmental offices, and student food services, with retail and institutional service use at grade, above which a 44-storey tower hosts a Ryerson University owned and operated student residence. The development totals 52,502 m2 of gross floor area, including 35,569 m2 of post-secondary institutional uses, 16,765 m2 of institutional student residence uses, and 168 m2 of retail uses. There are 2,848 m2 of indoor amenity uses..
160 m away166 DUNDAS ST ESite planUnder Review
INACTIVE Site Plan Control application for a 44-storey (plus mechanical) development comprised of a 13-storey institutional base building (plus mechanical) which accommodates instructional space, research space, departmental offices, and student food services, with retail and institutional service use at grade, above which a 44-storey tower hosts a Ryerson University owned and operated student residence. The development totals 52,502 m2 of gross floor area, including 35,569 m2 of post-secondary institutional uses, 16,765 m2 of institutional student residence uses, and 168 m2 of retail uses. There are 2,848 m2 of indoor amenity uses..
180 m away295 JARVIS STSite planUnder Review
Proposal to facilitate the redevelopment of the site with a 60-storey residential building with a 9-storey podium along Jarvis Street. Overall, the proposal consists of a total of 44,530 square metres of gross floor area. The proposed building will contain a total of 618 dwelling units.
220 m away33 DUNDAS ST ECondominiumUnder Review
Draft Plan of Condominium Standard (Technical Stream) for two units
260 m away279 1/2 GEORGE STCondominiumUnder Review
*** Draft Plan of Condominium for 495 units.
280 m away279 1/2 GEORGE STSite planUnder Review
Site Plan Approval application for a 44-storey mixed-use building comprised of 32,829 square metres of gross floor area including 542 residential dwelling units.
280 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Church-Yonge Corridor right now
- For sale now
- 365
- Median asking price
- $580K
- New in 7 days
- 43
- Price cuts
- 19%
Middle half: $488K to $750K
138 in 28 days
71 listings
This home is asking 53% above the median, higher than three quarters of them.
See all homes in Church-Yonge CorridorAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| TMU Station | TTC subway: Line 1 Yonge-University | 350 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 600 m |
| College Station | TTC subway: Line 1 Yonge-University | 600 m |
| King Station | TTC subway: Line 1 Yonge-University | 1 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 250 m | 99%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 400 m | 96%Grade 6 average |
| Church Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 700 m | 72%Grade 6 average |
| Lord Dufferin Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 850 m | 62%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 300 m | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 550 m | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 700 m | — |
| Jarvis Collegiate InstituteToronto DSB | Public · grades 9–12 | 900 m | 34%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Church-Yonge Corridor are shown to signed-in members.