If you’re looking for a downtown Toronto condo with character and wow factor at a reasonable price, you’ve found it. Formerly the Simpson’s department store warehouse, later Simpson Sears, the Merchandise Lofts are steeped in history.
It’s actually a complex of several conjoined buildings constructed between 1910 and 1949 in a popular architectural style of the age known as the Chicago School. Known for its soaring ceilings and large windows, polished concrete floors, exposed ductwork and mushroom columns, these sweet suites are most appealing to buyers who love industrial hard-lofts and favour edge over softness. One of the best features of this building is its reasonable square footage prices. Toronto is known for its quality, historic loft conversions but all of that charm typically comes at a price that’s out of reach of most young buyers.
In contrast, the Merchandise Lofts offers so many different unit sizes, shapes and price points along with a higher volume of listings than boutique Toronto lofts can offer, making it great choice for first time buyers. Likewise, it’s enduring popularity and stellar location make it a good investment for buyers who want to grow their real estate wealth as well as investors looking to purchase rental properties.
Most Notable Features
Suite Sizes and Layouts: Suites range in size from 487 to 2,618 square feet and have some of the most interesting layouts in all of Toronto so there truly is something for every taste and budget. Also, the size of the building makes it easier to buy into; if you like this loft building but don’t see a unit currently for sale that interests you, one is bound to come up soon.
Amenities: This building has some of the best amenities in the city including a pool, sauna, gym, indoor basketball court, plenty of parking and one of the most coveted rooftop decks of any downtown Toronto condo. To top it off, the maintenance fees are quite reasonable for what you’re getting.
Friendly Vibe: Condos can sometimes be cold but not this gem where you’ll find a great community. From a super friendly concierge who will get to know you by name to social events that bring owners together, this is one of our top picks for the most-friendly Toronto condo.
Convenience: The walk score at this condo is 98 so get out there and see your city! It’s steps to multiple transit options, amenities such as shopping, dining and entertainment and there’s a built-in Metro supermarket, a dentist, vet, dry-cleaner and more on the ground floor.
With a beautiful loft at 155 Dalhousie Street you are immersed in one of Toronto’s most vibrant neighbourhoods. Home to the annual LGBTQ Pride Parade, Church Street is a fun and friendly place, just a short walk or TTC hop from Yonge-Dundas Square, Massey Hall, Ed Mirvish Theatre, plus all the tech and fashion outlet shopping of the Eaton Centre. Not to mention the nightlife of Yonge Street and Queen Street’s many live music venues, cafés, bars and boutique shops. A few local gems to check out include Bumpkin’s Restaurant & Lounge on Gloucester Street for steak and seafood with great atmosphere and service, Lou Dawg’s on Gerrard Street for a famous Ryerson pub, and Chipotle Mexican Grill for design-your-own burritos, tacos and bowls.
For nearby grocery stores you have Metro 24-hours on Gould Street, located inside The Merchandise building, plus you’ll find Loblaws at Maple Leaf Gardens on Carlton Street.
Some of your local green spaces include Allan Gardens and Ryerson Community Park, both of which are just a short stroll from your front door.
The Church Street Corridor has a 98 Walk Score, with nearby bicycle-friendly streets like College and Richmond. If you want to zip around the city, the Queen Street streetcar can connect you easily to east and west destinations, plus the Yonge-University subway line is within walking distance. For car-owners, the area is easily navigable with access to the Gardiner Expressway via Jarvis Street and the Don Valley Parkway via Davies Street off of Queen Street East.