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.
3 bedrooms, 4 bathrooms, about 3,750 sq ft, works out to roughly $4,400 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 7 Dale Ave #PH1
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
3750-3999 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
7 Dale Ave #PH1 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13525554$16,500,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7 Dale Ave #PH1 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$81,060
/mo
based on the purchase price of $16,500,000
$3,300,000 cash
$13,200,000 financed
$11,117,865 total interest
Principal54%$13,200,000
Interest46%$11,117,865
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3-bed homes for sale in Toronto around $17M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5190.6%On average, homes sold at or above asking.
Active listings12,360Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 10 – Aug 8, 2026: prices up.
Based on 9,132 sales from Aug 8 – Nov 6, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale at 7 Dale Ave — plus its sale and lease history.
7 Dale Ave #PH1 is listed at $16,500,000 (MLS® C13525554). Summitly updates the price as soon as the MLS® record changes.
Is $16,500,000 a good price for 7 Dale Ave #PH1?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 7 Dale Ave #PH1 changed?
No — 7 Dale Ave #PH1 is still listed at its original asking price of $16,500,000.
How many bedrooms and bathrooms does 7 Dale Ave #PH1 have?
7 Dale Ave #PH1 has 3 bedrooms and 4 bathrooms, with about 3,750–3,999 square feet of living space. It is a condo in Toronto.
Is 7 Dale Ave #PH1 close to transit?
The nearest rapid-transit station is Castle Frank Station (Line 2), about 310 m (about a 4-minute walk) in a straight line. Sherbourne Station is about 330 m (about a 4-minute walk), and Bloor-Yonge Station is about 1.1 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 7 Dale Ave #PH1?
About $81,060 a month — principal and interest on $16,500,000 with 20% down ($3,300,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 7 Dale Ave #PH1 compare with other homes in Toronto?
Its asking price of $16,500,000 is about 1856% above the median sold price in Toronto over the last 90 days, $843,500, across 9,132 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7 Dale Ave #PH1 been sold before?
Summitly has no earlier MLS® sale or lease of 7 Dale Ave #PH1 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 Dale Ave #PH1?
7 Dale Ave #PH1 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 Dale Ave #PH1 been on the market?
123 days — 7 Dale Ave #PH1 was listed on July 6, 2026.
What is the price per square foot of 7 Dale Ave #PH1?
About $4,126 to $4,400 per square foot: the asking price of $16,500,000 over the 3,750–3,999 sq ft the listing gives as its size range.
Does 7 Dale Ave #PH1 have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
