17 Paton Road, Toronto, ON
Property Highlights
Welcome to this remarkable 3-Storey other located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 57.58 x 112.96 ft lot
- 8.0 total parking spaces available
- Notable attributes: Brick & Beam, Carpet Free
- Efficient radiant heating via gas
Description
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.
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Property Summary
This other located at 17 Paton Road, Toronto is currently for sale and has been available on SousaSells for 3 days. This property is listed at $4,500,000 with an estimated mortgage of $14,979* per month. It has 0 beds, 0 bathrooms, and is 5000 + square feet. 17 Paton Road, Toronto is in the Dovercourt-Wallace Emerson-Junction neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Dovercourt-Wallace Emerson-Junction, Toronto.
- •5000 + sqft of generous functional square footage
- •Desirable Other architecture in Dovercourt-Wallace Emerson-Junction, Toronto
- •Convenient parking space for 8.0 vehicles
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Brick & Beam
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 17 Paton Road, Toronto, ON
Q.What is the asking price for 17 Paton Road, Toronto, ON ?
The current listing price for 17 Paton Road, Toronto, ON in Dovercourt-Wallace Emerson-Junction, Toronto is $4,500,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 17 Paton Road, Toronto, ON ?
17 Paton Road, Toronto, ON is a Other (3-Storey) featuring a basement.
Q.What interior features are included in this home?
Interior highlights include: Brick & Beam, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Data-driven valuation for 17 Paton Road, Toronto, ON M6H 1R7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $4,500,000 in Toronto, the legal minimum down payment is $900,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $98,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $98,975 also applies, bringing the total estimated land transfer taxes to $197,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.