A truly rare offering in the heart of Toronto's highly sought-after Niagara neighbourhood. Offered as a package, 779 & 781 Adelaide Street West present two premium residential lots, perfectly positioned and primed for redevelopment. An exceptional opportunity for builders, investors, or end-users to create something truly special. The properties are ideally suited for a semi-detached development, with plans and prior building permit work already prepared by the seller. Buyers have the opportunity to take over and proceed with their own building permit application, allowing flexibility to customize and execute their vision. Situated on Adelaide Street with valuable rear laneway access, the potential here is significant-whether you're looking to build custom homes, income-generating properties, or a signature residence in the city core. Located within an Official Plan designated Residential area and Major Transit Station Area, this property benefits from strong long-term growth fundamentals and continued intensification. Surrounded by some of Toronto's most vibrant amenities-just steps to King West, Stanley Park, transit, restaurants, cafes, and boutique shops. This is a location that continues to see strong demand and appreciation. Opportunities like this are increasingly rare in the Toronto core.
Data was last updated September 8, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$2,288,000
Min list price:
$899,000
Max list price:
$5,749,900
Avg days on market:
60
Min days on market:
6
Max days on market:
189
These statistics are generated based on the current listing's property type
and located in
Toronto C01. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.