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Unit PH16 at The Merchandise Lofts

Sold

155 Dalhousie Street W PH16, Toronto C08, ON M5B 2P7

MLS #C12564858

$1,960,000

Sold on February 16, 2026

February 16, 2026

Originally listed at $2,198,000 27 days on market

About This Property

This penthouse is not a home, It's a lifestyle. Welcome to one of the most unique properties in all of Toronto-an extraordinary penthouse at the iconic Merchandise Lofts. Spanning more than 2,500 sq ft multiple dramatic levels, plus a rare 700+ sqft private terrace, this corner loft is a true downtown landmark in itself. Completely Private with Unobstructed views of the City, With soaring ceilings, exposed concrete, and heritage details preserved from its past as a Simpson's warehouse, this home fuses historic character with modern sophistication. Perfectly positioned beside TMU, U of T, Toronto General Hospital and the TTC, the location is as central as it gets. Residents enjoy world-class amenities: indoor pool, full gym, basketball court, guest suites, rooftop deck, concierge, and a Metro grocery right at your doorstep. This is more than a penthouse-it's history, architecture, and lifestyle elevated into one of Toronto's rarest offerings.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($2583/mo) and property tax ($8,100/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$3,140/sqft
Church-Yonge Corridor
$849/sqft+269.9%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 700 sqft.

Property Details

Bedrooms

3

Bathrooms

4

Square Feet

2500-2749 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerYes
Heating TypeHeat Pump
StyleLoft
Ensuite LaundryYes
Corp #TSCC-1247
MLS Size2500-2749
Listed OnNov 19, 2025
Maintenance Fees$2,583/month
Property Tax$8,100/year

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Unit PH16 History

Complete transaction history for this unit

Leased

Leased: Jul 31, 2026

$8,500/mo

44 days on marketLease
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Price History

Original List Price

$2,198,000

Listed on Nov 19, 2025

Sold Price

$1,960,000

Sold on Feb 16, 2026

-$238,000

-10.8%

27 days on market

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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 PH16 at The Merchandise Lofts

Unit PH16 is a residential condo & other with 3 bedrooms, 4 bathrooms spanning approximately 2500-2749 square feet located at The Merchandise Lofts, 155 Dalhousie Street, Toronto C08. This unit is currently sold (sold for $1960K).

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 PH16 The Merchandise Lofts Toronto C08

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