Gurvinder Nokwal REALTOR®
For Sale Other 76 days on market

$4,500,000

Est. payment $19,925/moCalculate yours

17 Paton Road, Toronto, ON M6H 1R7

Dovercourt-Wallace Emerson-Junction, Toronto, ON M6H 1R7

  • 0 Beds
  • 0 Baths
  • 5,000 Sq Ft
Map

Listing courtesy of LPT REALTY MLS® W13632128

About this home

Rare opportunity to acquire a circa 1927 brick-and-beam industrial building in downtown Toronto. This 3.5-storey mixed use property features character rich industrial architecture and has historically been occupied as live/work residential units. Flexible mixed use industrial/residential zoning permits a variety of potential uses, including owner-occupancy, creative office, studio, residential conversion, or redevelopment, subject to applicable approvals. 17 Paton Road occupies a prime downtown location and offers significant redevelopment potential. For purchasers seeking a larger development footprint, the adjacent properties at 21 and 23 Paton Road (listed separately on MLS) may be available for assembly. The property currently requires substantial renovations before occupancy or continued use. The building’s main entrance is located on the north side facing Paton Road and provides access to the front stairwell serving the northern units on each floor. A secondary entrance at the southwest corner provides access to the rear stairwell serving the southern units. The building contains five units per floor, ranging from studio to two-bedroom layouts, generally configured as residential live-work accommodations with kitchens and three-piece washrooms. Property is being sold on an “as is, where is” basis, with no representations or warranties by the Seller.

Property details

Overview

Property Type
Other
Style
3-Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
5,000 sqft

Interior

Bedrooms
0
Bathrooms
0
Kitchens
0

Building & Systems

Heating
Radiant (Gas)
Cooling
None
Exterior
Brick
Foundation
Poured Concrete
Roof
Tar and Gravel, Unknown

Lot & Parking

Lot Size
57.58 x 112.96 Feet
Parking
None garage · 8 total

Financial

Property Taxes
$19,245 (2025)

Location

Neighbourhood
Dovercourt-Wallace Emerson-Junction
Cross Street
BLOORWEST /LANSDOWNE AVE
Direction Faces
North

Listing

MLS® Number
W13632128
Days on Market
76
Listed On
2026-08-03
Possession
FLEX
Listed By
LPT REALTY

Features

Interior

  • Brick & Beam
  • Carpet Free

Pool

  • None
Included
All fixtures and chattels in as is where is conditon.

Mortgage calculator

Minimum for this price: $900,000 (20%)

Amortization, years

Estimated mortgage payment

$19,925 per month

Principal and interest
$19,925
Property tax
$1,604
Estimated monthly cost
$21,529

Your mortgage

Mortgage amount
$3,600,000
Mortgage insurance
Not needed
Interest over 25 years
$2,377,508

Cash to close

Down payment
$900,000
Land transfer tax (Ontario + Toronto)
$217,950
Total, before legal fees
$1,117,950
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

17 Paton Road, Toronto, ON M6H 1R7 Dovercourt-Wallace Emerson-Junction, Toronto, ON M6H 1R7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,500,000 17 Paton Road, Toronto, ON M6H 1R7
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