Niagara · C01 · M6J 1B3
$899,000
4 months on market
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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 38% of comparable vacant land listings in Toronto are asking less.
Based on 90 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $899,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REALTRON REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.