$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
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
Estimated mortgage payment
$19,925 per month
- Principal and interest
- $19,925
- Property tax
- $1,604
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,117,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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