Other · For sale

17 Paton Road, Toronto

$4,500,000

Listing brokerage: LPT REALTY · MLS® W13632128

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage

LPT REALTY

Type

Other

Deal

For sale

Category

Residential

Bedrooms

0

Bathrooms

0

Size

5000 + sq ft

Lot

57.58 x 112.96 ft

Area

Dovercourt-Wallace Emerson-Junction

MLS® number

W13632128

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.