135 Dalhousie Street W 201, Toronto C08

$639,000
135 Dalhousie Street W 201

$639,000

New
3d
Condo ApartmentLoft

135 Dalhousie Street W 201, Toronto C08

Total Monthly Obligation $4,212

Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
3d
Score
17
Yield
6.3%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-C14098162
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 20, 2026
Style-Loft
Building Type-Condo Apartment
Taxes-$3,235.04 (2026)
Maintenance-$1,165.36/mo
Locker-Ensuite
Parking-2 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-IRISE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Rarely offered 2 bedroom, 2 bathroom loft in Toronto's iconic Merchandise Building! Offering almost 900 sq. ft. of character-filled living space, this unique residence features soaring 14-ft ceilings, expansive windows, abundant natural light and TWO owned parking spaces, an exceptional find in the downtown core. Thoughtfully customized by its artist owner, the loft showcases creative touches and additional storage solutions, including a unique elevated storage area above the second bedroom. A perfect blend of authentic industrial character, functionality and artistic flair. Enjoy resort-style amenities including a newly renovated fitness centre, indoor swimming pool, sauna, guest suites, basketball court and one of Toronto's largest rooftop common areas, beautifully renovated with incredible city views and plenty of space to relax or entertain. Unbeatable downtown convenience with Metro right at your doorstep, TTC access just steps away, Toronto Metropolitan University nearby, and endless restaurants, cafés, shopping and entertainment. Situated on a quiet downtown street with a 98 Walk Score and 100 Transit Score, everything the city has to offer is within easy reach. Authentic loft living, exceptional amenities, creative design and two owned parking spaces - a rare opportunity in one of Toronto's most iconic buildings!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$511,200
Land Transfer Taxes$9,255
Legal Fees (Est.)
$
Total cash required for closing$138,555

Total Monthly Obligation

$4,212/mo
Mortgage $2,578
Monthly Loss $3,534
Principal$678
Interest$1,899
Property Tax$270
Condo Fees$1,165
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.7%22
10-Year IRR
9.1%
Returns Index
12.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$40,260/yr
NOI
$16,615/yr
Net Cash Flow
-$1,193/mo
Cash Margin
-35.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 135 Dalhousie Street W 201

Time

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