The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to suite #655 in the highly-sought after Merchandise Lofts Building! This stunning 2bed + 2wash authentic hard-loft boasts a 1325sqft open-concept floor plan showcasing 12ft ceilings, exposed ductwork, columns, polished concrete floors, and the impressive west-facing wall full of warehouse-style windows, flooding the space with natural light and providing front row seats to gorgeous sunset views. The designer kitchen is the heart of the unit and perfect for both everyday living and entertaining family & friends; featuring solid wood cabinetry, a massive waterfall center island, quartz countertops, beautiful herringbone backsplash and stainless steel appliances. The spacious primary suite includes ample closet space and a private 3-piece ensuite, while the second bedroom, a similar size, can also be used as a functional home office. Front entranceway provides a large closet & oversized laundry/ ensuite storage room. Premium industrial-style light fixtures throughout. 1 parking space included!! Merchandise Lofts comes steeped in Toronto history; formerly being the home of Simpson's Department Store Warehouse & Simpson's Sears before being converted to residential hard-lofts in 1999. It also comes with an excellent location right in the center of the city! Walking distance to Yonge & Dundas Square, Allan Gardens Park, Toronto's PATH system, as well as many award-winning restaurants and top-notch cafes, patios, galleries, shopping, groceries and other neighborhood amenities. Very convenient for public transit (Yonge & Dundas Subway stop & street cars). This unit offers the ultimate urban lifestyle for young professionals seeking style, convenience, and character. See Feature Sheet for more details.
Property Details
Listing
MLS® number
C13804796
Status
For Sale
Listed
Sep 18, 2026
Last updated
Sep 30, 2026
Possession
60-89 days
Building
Type
Condo
Style
Loft
Approx. age
Not provided by brokerage
Approx. size
1,200–1,399 ft²
Basement
None
Lot
Frontage
Not provided by brokerage
Depth
Not provided by brokerage
Lot area
Not provided by brokerage
View
West
Community
Church-Yonge Corridor
Parking & utilities
Garage
Surface, Garage, 1 space
Driveway
None, 0 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$4,834 / 2026
Condo fee
$1,434 / month
Source
Data source
TRREB (VOW feed)
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 2
Kitchens: 1 above grade
Basement: None
Heating: Forced Air
Cooling: Central Air
Laundry: In-Suite Laundry
Ensuite laundry: Yes
Locker: None
Pets allowed: Yes-with Restrictions
Amenities: Concierge, Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Guest Suites
Exterior
Property features: Arts Centre, Clear View, Library, Park, Public Transit
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,200/mo
Mortgage (principal + interest)$3,363
Property taxFrom listing: $4,834/yr$403
Condo feesFrom listing$1,434
Minimum $64,900 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$179,800
Ontario land transfer taxProvincial brackets, no first-time refund$14,455
Toronto land transfer taxMunicipal brackets, no first-time refund$14,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$211,510
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
