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For saleMLS® W13632128

17 Paton Road, Toronto, ON M6H 1R7

Dovercourt-Wallace Emerson-Junction · W02 · M6H 1R7

$4,500,000

$900 / sq ft

3 months on market

Interior
5,000 sf
Parking
8
Lot
57.58 × 112.96 ft
Age
51-99 years

What's special

  • 8 parking spaces
  • Brick & beam
  • Carpet free

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About this property

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.

Features

  • Brick & Beam
  • Carpet Free

Property details

Property

Property type
other
Interior size
5,000 sq ft
Year built
51-99
Lot size
57.58 × 112.96 ft
Possession
FLEX

Interior

Heating
Radiant · Gas
Exposure
North

Exterior & services

Construction
Brick
Parking spaces
8

Costs

List price
$4,500,000
Property taxes
$19,245 / year (2025)
Price per sq ft
$900

Listing

MLS® number
W13632128
Status
For sale
Listed
August 4, 2026
Days on market
93
Last updated
August 4, 2026
Listing brokerage
LPT REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 99% of comparable other listings in Toronto are asking less.

$18KMedian $50K$130K
This home
$900 / sq ft
Comparable median
$100 / sq ft

Based on 81 comparable active other listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $900,000
$900,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$19,905.02
Property tax (est.)
$1,603.75
Estimated monthly
$21,509

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$98,975
Toronto municipal
$118,975
Total due on closing
$217,950

An estimate on the asking price of $4,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of LPT REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$4,500,000

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