MLS® listing
7 Dale Avenue PH1: condo apartment for sale
$16,500,000
From the listing brokerage
A truly once-in-a-generation offering, this extraordinary penthouse represents the pinnacle of luxury living. Masterfully designed by internationally acclaimed Paolo Ferrari, this bespoke home offers approx. 4,000 sq ft of impeccably crafted interiors and over 6,400 sq ft of private outdoor living, crowned by an unparalleled 5,000 sq ft rooftop sanctuary overlooking the Rosedale Ravine designed by Janet Rosenberg. A private elevator opens directly into an exclusive vestibule, revealing soaring 10-foot ceilings, exquisite Italian white oak floors, and interiors of timeless sophistication. The grand living room is anchored by a sculptural limestone fireplace and dramatic floor-to-ceiling Reynaers of Belgium curtain wall glazing, while a richly appointed library with custom millwork provides an elegant space. Designed for exceptional entertaining, the formal dining room accommodates 16+ guests and is complemented by a chef's kitchen appointed in Breccia Capraia marble with bespoke cabinetry, a custom breakfast bar, Gaggenau appliances, and impeccable craftsmanship. Every south-facing principal room extends to an extraordinary 1,400 sq ft limestone terrace. Three refined bedroom suites each offer walk-in closets and luxurious ensuites, including an exceptional primary retreat of remarkable scale. The private rooftop is without equal, complete with a resistance pool, hot tub, custom sauna, outdoor kitchen, secluded vegetable garden, Belgian pergola with motorized screens and retractable roof, fire feature, outdoor television, and a dedicated three-piece bath. Complete with a Crestron intelligent home automation system, four-zone climate control, and high-efficiency mechanical systems, every detail reflects the finest international craftsmanship. Situated within Toronto's premier full-service luxury residence by Siamak Hariri, this is a home of extraordinary scale, complete privacy, and unparalleled distinction. Truly one of Toronto's most significant private residences.
Facts on the listing
| Square feet | 3750-3999 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 3 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $5,653 |
| Property tax | $41,536 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | North South |
| Fee includes | Common Elements Included, Building Insurance Included, Parking Included |
| Building amenities | Concierge, Exercise Room, Gym, Recreation Room, Visitor Parking |
| Balcony | Terrace |
| Laundry | Laundry Room, Ensuite |
| Interior features | Other |
| Features | Ravine, Park, School, Wooded/Treed |
| Floor | 4 |
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS® C13525554.
About this condo apartment
7 Dale Avenue PH1 is a 4 bedroom condo apartment in TRREB's Rosedale-Moore Park community in Toronto, listed for sale at $16,500,000. The listing shows 5 bathrooms and 3750-3999 square feet. The style is given as apartment. The unit faces north south. It comes with 3 parking spaces and an underground garage according to the listing. The nearest main intersection given is Dale Ave and Glen Rd.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: concierge, exercise room, gym, recreation room and visitor parking.
What it costs to buy 7 Dale Avenue PH1
At the asking price of $16,500,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $16,500,000 |
|---|---|
| Ontario land transfer tax | $398,975 |
| Toronto municipal land transfer tax | $975,725 |
| Both taxes | $1,374,700 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $3,300,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $5,653 a month |
|---|---|
| Property tax (2026) | $41,536 a year, about $3,461 a month |
| Fee and tax together | about $9,115 a month |
The listing says the maintenance fee includes common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $16,500,000, which is $15,950,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 3 parking spaces. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Rosedale
Detached houses on winding ravine streets inside two heritage conservation districts, with apartment buildings near Yonge and Bloor. From April to June 2026 the median sale across all property types in Rosedale-Moore Park was $2,425,000 (TRREB).
Transit: Line 1 Yonge University at Rosedale and Summerhill stations, with St Clair station to the north. Line 2 Bloor Danforth at Castle Frank station on Bloor Street East. TTC buses 82 Rosedale, 97 Yonge, 74 Mount Pleasant and 65 Parliament
| Property type | Median | Sales and average |
|---|---|---|
| All property types | Median $2,425,000 | 73 sales, average $2,441,401 |
| Detached | About $3,440,000 | 26 sales, average about $3,981,000 |
| Semi-detached | About $2,725,000 | 11 sales, average about $2,638,000 |
| Condo townhouse | About $1,415,000 | 4 sales, average about $1,661,000 |
| Condo apartment | About $850,000 | 23 sales, average about $1,242,000 |
| Other (TRREB category) | About $779,000 | 8 sales, average about $1,106,000 |
| Freehold townhouse (TRREB att/row/townhouse) | No price reported | 1 sale |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Rosedale
Is Rosedale a good place to live?
That depends on your budget and the type of home you want. TRREB's Rosedale-Moore Park community recorded a detached median of about $3,440,000 from April to June 2026, alongside condo apartments at about $850,000. The area has Rosedale and Summerhill stations on Line 1, Castle Frank station on Line 2 and several City ravine parks.
How much does a house cost in Rosedale?
From April to June 2026 TRREB recorded 26 detached sales in Rosedale-Moore Park with a median of about $3,440,000 and an average of about $3,981,000. The 11 semi-detached sales had a median of about $2,725,000.
Is Rosedale on the subway?
Yes. Rosedale station at 7 Crescent Road and Summerhill station at 16 Shaftesbury Avenue are on Line 1 Yonge University. Castle Frank station at 600 Bloor Street East is on Line 2 Bloor Danforth. Rosedale station is 7 stops from Union station on the TTC map.
Are there condos in Rosedale?
Yes. TRREB recorded 23 condo apartment sales from April to June 2026 with a median of about $850,000 and 4 condo townhouse sales with a median of about $1,415,000. In the 2021 Census 50.2% of private dwellings in Rosedale-Moore Park were in apartment buildings of five or more storeys.
Is Rosedale a heritage conservation district?
Much of it is. The City of Toronto lists two Rosedale heritage conservation districts, South Rosedale and North Rosedale. Exterior changes inside a district follow the district plan, so check whether the exact address falls inside one before you buy.
Read the Rosedale neighbourhood guide · All Rosedale homes for sale
Similar homes for sale in Rosedale
$2,250,000Questions about 7 Dale Avenue PH1
How much is land transfer tax on 7 Dale Avenue PH1?
At the asking price of $16,500,000 the Ontario tax is $398,975 and the Toronto tax is $975,725, $1,374,700 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 7 Dale Avenue PH1?
$3,300,000 at the asking price of $16,500,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 7 Dale Avenue PH1?
The listing shows $5,653 a month, including common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 7 Dale Avenue PH1?
The listing shows $41,536 a year for 2026, about $3,461 a month.
Is 7 Dale Avenue PH1 priced above or below the median?
It is listed at $16,500,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $15,950,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 7 Dale Avenue PH1?
Use the form on this page or call us. Quote MLS® C13525554. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 7 Dale Avenue PH1 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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