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Listing photo of 17 PATON ROAD

Toronto

Toronto

$4,500,000

17 PATON ROAD, Toronto, M6H1R7

MLS Number: W13632128

Beds

0

Baths

0

Listing

For Sale

Type

Freehold

Square Feet

5,000 - 100,000

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.

Location

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17 PATON ROAD, Toronto, M6H1R7

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Nearby Schools

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Down Payment

$900,000

Mortgage Amount

$3,600,000

Principal + Interest

$20,815 / mo

5-Year Term Payments

$1,248,910

Estimated Monthly Carrying Cost

$21,465

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

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