We calculate the electric dipole moment (EDM) of the deuteron in the standard model with |∆S| = 1 interactions by taking into account the N N − ΛN − ΣN channel coupling, which is an important nuclear level systematics. The two-body problem is solved with the Gaussian Expansion Method using the realistic Argonne v18 nuclear force and the Y N potential which can reproduce the binding energies of 3 Λ H, 3 Λ He, and 4 Λ He. The |∆S| = 1 interbaryon potential is modeled by the one-meson exchange process. It is found that the deuteron EDM is modified by less than 10%, and the main contribution to this deviation is due to the polarization of the hyperon-nucleon channels. The effect of the Y N interaction is small, and treating ΛN and ΣN channels as free is a good approximation for the EDM of the deuteron.