$979,000 - 155 Dalhousie Street Unit 921, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Church-Yonge Corridor
- MLS Number
- C13459588
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- IRISE
This is it. Experience authentic hard loft living in this spectacular corner suite at the award-winning Merchandise Lofts. Spanning over 1600sqft, this impressive residence blends dramatic industrial design with exceptional scale, natural light, and a surprisingly quiet layout that offers rare privacy in the heart of downtown.Soaring 12-ft ceilings, exposed ductwork, concrete finishes, and oversized warehouse-style windows create a striking urban aesthetic, while unobstructed views and sunlight pour throughout the space all day long. The expansive open-concept living, dining, and kitchen area is designed for both everyday comfort and effortless entertaining. The beautifully renovated kitchen features custom cabinetry, a large statement island, and generous prep and storage space.Both oversized bedrooms include windows, large closets, and room for king-size beds. The enclosed den with privacy door and window offers incredible flexibility as a home office, studio, or potential third bedroom. Two full bathrooms, a walk-in laundry room with abundant storage, fresh paint throughout, and premium parking conveniently located beside the elevators complete the home.Residents enjoy world-class amenities including a rooftop terrace with stunning skyline views, indoor pool, basketball court, full fitness centre, yoga studio, sauna, party room, BBQ area, dog walk, guest suites, library/games room, private lounge spaces, and 24-hour concierge service.Unbeatable downtown location with Metro, café, vet, and dentist directly in the building, and just steps to Toronto Metropolitan University, Eaton Centre, TTC subway, Massey Hall, restaurants, shopping, and the very best of city living.
Estimate your monthly payments for this property
Estimated Payment
$5,022.78/mo
Includes CMHC insurance ($27,314)
5-yr fixed avg.
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.
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
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.
155 Dalhousie Street Unit 921, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $612/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.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.