155 Dalhousie Street Unit 422, Toronto C08

Price: $619,000

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: C13511328

Step into authentic hard loft living in the iconic Merchandise Building, originally built in the early 1900s and thoughtfully converted into sought-after loft residences in 2000. This stunning 993 sq. ft. 1-bedroom plus den showcases soaring 12-foot concrete ceilings, expansive open-concept living spaces, polished concrete floors, exposed ductwork, and stylish sliding barn doors that perfectly capture its industrial charm. The upgraded kitchen is designed for both everyday living and entertaining, featuring granite countertops, maple cabinetry, and a spacious breakfast bar. The beautifully renovated bathroom offers custom cabinetry and a luxurious rain shower for a spa-like retreat.In a building with resort style amenities including a full gym, indoor pool,guest suites, and more. Located in the heart of downtown surrounded by restaurants, shopping, and transit. A rare opportunity to own a true hard loft that seamlessly blends historic character with modern comfort.

155 Dalhousie Street Unit 422 - Condo photo 1 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 2 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 3 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 4 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 5 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 6 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 7 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 8 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
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155 Dalhousie Street Unit 422 - Condo photo 18 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 19 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 20 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 21 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 22 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
155 Dalhousie Street Unit 422 - Condo photo 23 of 24 in Regent Park / Cabbagetown / St. James Town, Ontario
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New Listing
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$619,000 - 155 Dalhousie Street Unit 422, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 4 days ago

Neighbourhood: Church-Yonge Corridor

2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
C13511328
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
IRISE
Description

Step into authentic hard loft living in the iconic Merchandise Building, originally built in the early 1900s and thoughtfully converted into sought-after loft residences in 2000. This stunning 993 sq. ft. 1-bedroom plus den showcases soaring 12-foot concrete ceilings, expansive open-concept living spaces, polished concrete floors, exposed ductwork, and stylish sliding barn doors that perfectly capture its industrial charm. The upgraded kitchen is designed for both everyday living and entertaining, featuring granite countertops, maple cabinetry, and a spacious breakfast bar. The beautifully renovated bathroom offers custom cabinetry and a luxurious rain shower for a spa-like retreat.In a building with resort style amenities including a full gym, indoor pool,guest suites, and more. Located in the heart of downtown surrounded by restaurants, shopping, and transit. A rare opportunity to own a true hard loft that seamlessly blends historic character with modern comfort.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,175.79/mo

Includes CMHC insurance ($17,270)

$
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5%10%50%

5-yr fixed avg.

Principal: $557,100Interest: $378,367
Mortgage Amount$574,370
Total Interest$378,367
Est. Property Tax$438/mo
Total Cost$952,737

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Church-Yonge Corridor

Discover Church-Yonge Corridor

Church-Yonge Corridor is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Church-Yonge Corridor

  • Convenient location in Regent Park / Cabbagetown / St. James Town
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Church-Yonge Corridor offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

155 Dalhousie Street Unit 422, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$1,128

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $688/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Church-Yonge Corridor

I know Church-Yonge Corridor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    155 Dalhousie Street Unit 422 | $619,000 | Battaglia Team