153 Strachan Avenue in Toronto: Niagara House for sale (Toronto C01) : MLS®# C12633396
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Presenting a once-in-a-generation opportunity in the heart of Downtown Toronto: Permits in place to build the tallest home in all of Toronto at 18 meters (59 feet)! This is the future home of an architectural landmark that will redefine luxury, exclusivity, and urban stature. With unprecedented approvals for a four-storey, five-level freehold residence featuring voluminous 11.5-foot ceilings on every level, along with a sixth-level rooftop terrace offering spectacular 360-degree views of the Downtown skyline and Trinity-Bellwoods Park, this site provides an unparalleled platform for creating a world-class statement of scale, design excellence, and global prestige. An opportunity like this is exceptionally rare -- a true unicorn -- and genuinely unrepeatable! Set on a 24 x 120 foot lot with a wide rear lane, this property includes approved permits for a total build of approximately 7,800SF. Plus potential for a 1,000SF rooftop terrace. The main residence offers approximately 5,200SF above grade across four floors, a 1,340SF raised lower level with dramatic entry with double height ceilings, a 700 SF second-level Lane House, and a 700SF pull-through garage with parking for up to four vehicles. Construction can begin immediately, with full plans and budgeting available and established builders standing bye. The approved design supports a flexibility of uses including a 2,680SF + 1,000SF rooftop multi-level owner's residence with elevator access, alongside separate 1,340SF and 2,680SF suites ideal for multi-generational living or strong rental income potential. Structural steel and concrete construction with heated floor throughout-rare in residential builds-provides exceptional sound, fire, and vibration performance. Located beside $7,000,000+ homes and minutes to Trinity-Bellwoods Park, Ossington, Queen West, King West, the Financial District, Lake Ontario, the Gardiner, and Billy Bishop Airport.
Data was last updated December 16, 2025 at 10:15 PM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$1,824,950
Min list price:
$1,100,000
Max list price:
$4,390,000
Avg days on market:
52
Min days on market:
1
Max days on market:
501
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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