502 135 Dalhousie Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C13803598
Looking for a penthouse downtown? Discover the ultimate in urban luxury with stunning skyline views, private outdoor terraces, and designer interiors. These top-floor residences offer unmatched exclusivity, spacious layouts, and high-end finishes—perfect for professionals, investors, or anyone ready to live above it all.
Suite 502 at The Merchandise Building Lofts is a 600 sq. ft. hard loft where 18-foot ceilings, floor-to-ceiling industrial windows and polished concrete floors give the space a sense of scale and architectural character that sets it apart from the sea of generic condos on the market. The main living space is open and airy, with a custom built-in wall unit that adds integrated storage without sacrificing valuable floor space. The proper, separate bedroom is especially unique: because the loft is on the penthouse level, it has a skylight that brings in natural light, a feature similar one-bedroom layouts elsewhere in the building don't have. The renovated bathroom features a floating vanity, walk-in glass shower and sleek stone finishes. Parking and a locker are both included. The heritage Merchandise Building also delivers an impressive amenity package with concierge, rooftop pool and terrace with BBQs, basketball court, sauna, party room and guest suites. And when you step outside, downtown is right there: walk to the Eaton Centre, Sankofa Square, Toronto Metropolitan University, St. Michael's Hospital, Massey Hall and Church- Wellesley Village, with TMU Station on Line 1 just 450m away.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
600-699
Exposure:
South
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
5
Balcony:
None
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
1.0
Parking Spot #1:
106
Locker Number:
168
Locker Level:
5
Locker Unit:
L
Locker:
Owned
Family Room:
No
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$802.74
Maintenance fees include:
Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Taxes:
$2,823.71 /
2026
Assessment:
$- /
-
Toronto
Toronto C08
Church-Yonge Corridor
Hospital, Library, Park, Public Transit
Carpet Free
Yes-with Restrictions
Existing fridge, stove, dishwasher and range hood. Washer & dryer. All existing electric light fixtures, automatic custom blinds, built-in closet organizers, built-ins in the living room, a beautifully renovated bathroom, and a skylight - oh my!
Concrete
Community BBQ, Gym, Game Room, Indoor Pool, Media Room, Concierge
Data was last updated September 23, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
333
Avg list price:
$579,900
Min list price:
$150,000
Max list price:
$2,249,000
Avg days on market:
43
Min days on market:
0
Max days on market:
944
These statistics are generated based on the current listing's property type
and located in
Church-Yonge Corridor. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Toronto’s downtown core features a variety of spectacular penthouses that redefine city living:
Expansive layouts with floor-to-ceiling windows
Private terraces, rooftop patios, or wraparound balconies
Custom kitchens, spa-like bathrooms, and luxury appliances
Prestigious buildings with 24/7 concierge, pools, gyms, and valet service
Why Choose a Downtown Penthouse?
Penthouse living blends privacy with prestige. You’ll enjoy a peaceful escape above the city while staying steps from business hubs, entertainment, shopping, and fine dining. Whether you’re seeking long-term value or a modern lifestyle, downtown penthouses check every box.
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FAQs – Penthouse Downtown
1. What defines a penthouse in downtown Toronto? A penthouse is typically the highest-floor unit in a condo, offering expansive layouts, premium features, and unmatched views.
2. Are downtown penthouses a good investment? Yes, they retain strong value due to their scarcity, location, and luxury appeal—making them ideal for long-term appreciation.
3. Can I find a penthouse with outdoor space? Many come with large private terraces or balconies, perfect for entertaining or relaxing above the city skyline.
4. What amenities do penthouse buildings offer? Expect premium services such as concierge, fitness centres, rooftop lounges, pools, and private elevators in many luxury buildings.
5. Are downtown penthouses family-friendly? Yes, several units offer 2+ bedrooms, large living areas, and secure buildings close to schools and parks.