The Beverly Hills Cop star, 57, has been dating Paige, 39, for six years and the couple will welcome a baby in December, his representative said in a statement.
Australian actress and model Paige was showing off a baby bump when she stepped out in Los Angeles earlier this month dressed in a clinging pale pink dress.
The Hollywood actor has eight other children from previous relationships.
He shares his oldest son Eric, 29 with ex Paulette McNeely.
He also has five children with ex-wife Nicole Mitchell Murphy – daughters Bella Zahra, 16, Zola Ivy, 18, Shayne Audra, 23, and Bria, 28, plus 25-year-old son Miles Mitchell.
Eddie and former model Nicole were married from 1993 to 2006.
He also has an 11-year-old daughter, Angel Iris, with Spice Girl Mel B.
Eddie dumped America’s Got Talent star Mel in 2006, when she was six months pregnant with Angel.
He originally denied Angel was his daughter before a DNA test proved that he was the dad.
The pair are said to have recently made peace after Mel invited his mother Lilian over to her Los Angeles home.
The actor was one of the biggest stand-up comedians of the 1980s before branching out into film.
He is known for starring in movies such as Coming To America, The Nutty Professor and Shrek.
He is set to play Blaxploitation star Rudy Ray Moore in an upcoming movie for Netflix.