He pursued a career in real estate and was involved with Billy Summerville in the construction and operation of the Eastwood and Prince of Wales Theatres in Toronto.

Walton became active in civic affairs when he was elected to the Toronto City Council in 1945.

Walton was appointed Chairman effective January 3, 1959 following the sudden resignation of Allan A. Lamport.

At that time, he became Vice-Chairman of the TTC and President of Gray Coach Lines, posts he held until his term on the Commission expired in early 1968, when he was not re-appointed by Metro Council in an effort to bring fresh faces to the Commission.

He served as a Director of the Canadian National Exhibition, Governor of the Toronto East General Hospital and on the Board of Stewards of the Danforth United Church.