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For Lease

155 Dalhousie Street W PH16 #PH16

Church-Yonge Corridor, Toronto, ON
$8,500
3Bd
4Ba
2,625+sqft
1Parking
$3/sqft
CondoMLS# C13093266Listed 2026-05-0633 DOM
Cooling
Central Air

On the market for 33 days — longer than average. The seller may be open to negotiation.

About this home

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. across multiple dramatic levels, plus a rare 700+ sq. ft. private terrace, this corner loft is a true downtown landmark in itself. Recently enhanced with approximately $200,000 in upgrades, the stunning primary suite and outdoor terrace have been thoughtfully renovated to create an elevated luxury living experience rarely found in Toronto's rental market.Designed for those who appreciate space, privacy, architecture, and exclusivity, this residence stands apart as one of the city's truly unique offeringsCompletely private with unobstructed city views, this residence features soaring ceilings, exposed concrete, and heritage details, seamlessly blending 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 including an indoor pool, full gym, basketball court, guest suites, rooftop deck, concierge service, and a Metro grocery store right at their doorstep.This is more than a penthouse, it's history, architecture, and lifestyle elevated into one of Toronto's rarest offerings. All-inclusive utilities, internet, and parking included. Furnished option $11,800.

PoolRenovated

Features

  • Carpet Free
  • None
  • Central Air
  • 2-Storey

Financials

Estimated Rental Income

Entire property$3,200 – $4,200/mo
Rental yield451.8% – 592.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market33 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$8,500
155 Dalhousie Street W PH16, Toronto
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