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$1,100,000Asking Price

21 Paton Road, Toronto, ON M6H 1R7

Wallace Emerson, Toronto

Triplex
3
Bedrooms
3
Baths
3
Parking
Day on Market

Excellent investment opportunity to own a fully tenanted1830 sq. ft. semi-detached triplex in Toronto. This converted property features three self-contained one-bedroom units, each with its own kitchen and full washroom. All units are currently tenanted, with tenants willing to remain, or vacant possession can be provided if required. Ideal for investors seeking rental income, owner-occupiers looking to offset expenses, or multi-generational families. Exceptional opportunity to purchase together with 17 Paton Road and23 Paton Road, creating a larger combined development site with significant future redevelopment potential, subject to all necessary approvals. A rare opportunity offering immediate income and outstanding long-term upside.

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Excellent investment opportunity to own a fully tenanted1830 sq. ft. semi-detached triplex in Toronto. This converted property features three self-contained one-bedroom units, each with its own kitchen and full washroom. All units are currently tenanted, with tenants willing to remain, or vacant possession can be provided if required. Ideal for investors seeking rental income, owner-occupiers looking to offset expenses, or multi-generational families. Exceptional opportunity to purchase together with 17 Paton Road and23 Paton Road, creating a larger combined development site with significant future redevelopment potential, subject to all necessary approvals. A rare opportunity offering immediate income and outstanding long-term upside.

Key Info

  • 2-Storey Triplex
  • 3 Parking
  • No Garage
  • PATON/LANSDOWNE AVE
  • 1100-1500 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,819 in 2025
  • Possession: TBD

Details

  • Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #W13632194
  • LPT REALTY

Extras

Room Floor Dimensions Details
Washroom3 4-Piece Bathrooms

Who lives here?

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.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

53% of residents are
single and loving it.

53% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

56% of residents
are renters.

56% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

44% of residents are
university grads.

44% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$96K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 20%
Government 10%
Business 9%
Trades 9%
Management 7%

Immigrants

42% of residents were
born outside of Canada.

42% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Portugal was once home to 8.9% of immigrants.
China 3.0%
Caribbean 2.8%
India 2.4%
Vietnam 2.2%

8.9% from Portugal
All-time

Birthplace - Recent

India was once home to 0.9% of immigrants.
China 0.7%
Ethiopia 0.4%
Philippines 0.4%
Brazil 0.3%

0.9% from India
Recent

Foreign Languages

Foreign Languages

Portuguese 15%
Spanish 4%
Cantonese 2%
Vietnamese 2%
French 2%

Religions

Religions

Christian 59%
Muslim 5%
Buddhist 3%
Hindu 3%
Jewish 2%

Social Housing

Social Housing Buildings

7

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)