17 PATON ROAD
Toronto (Dovercourt-Wallace Emerson-Junction), Ontario
MLS® W13632128
$4,500,000
- Status
- Active
- Property type
- House
- MLS® number
- W13632128
- Bedrooms
- —
- Bathrooms
- 0
- Year built
- —
1 / 4Listing 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.
Property summary
- MLS® number
- W13632128
- Property type
- Single Family
- Building type
- Other
- Land size
- 57.6 x 113 FT
- Annual property taxes
- $19,245.00
- Parking
- 8 spaces · No Garage
- Days on market
- 60 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Appliances
- Water meter
- Exterior features
- Brick
- Lot features
- Carpet Free
What would this home cost you?
Based on the $4,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of LPT REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.