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.