$4,500,000Asking Price
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.
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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Wallace Emerson, Toronto is a west Toronto neighbourhood notable for its singles, renters, education, law & public sector and arts & culture professionals, salespeople and tradespeople. It has a higher than average population of immigrants from Portugal, and Portuguese speakers. Residents tend to be younger with a significant number of adults aged 25 to 44.
Kids Per Family
1.1
kids per family
in the neighbourhood.
53%
of residents are
single and loving it.
53% singles
Toronto (50%)
56%
of residents
are renters.
56% renters
Toronto (47%)
44%
of residents are
university grads.
44% university grads
Toronto (48%)Average Household Income
$96K
is the average household
income in the neighbourhood.
Professions
| Sales | 20% |
| Government | 10% |
| Business | 9% |
| Trades | 9% |
| Management | 7% |
42%
of residents were
born outside of Canada.
42% immigrants
Toronto (48%)8.9% from Portugal
All-time
0.9% from India
Recent
Foreign Languages
| Portuguese | 15% |
| Spanish | 4% |
| Cantonese | 2% |
| Vietnamese | 2% |
| French | 2% |
Religions
| Christian | 59% |
| Muslim | 5% |
| Buddhist | 3% |
| Hindu | 3% |
| Jewish | 2% |
Social Housing Buildings
7
Social housing buildings
in the neighbourhood.
Shelters
2
Homeless shelters in
the neighbourhood.