Queen & Ashbridge
1555 Queen St E, East End
Features
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Price/Sqft Range
490 sqft - 1987 sqft
Avg Price/Sqft
$1,281 / sq. ft.
Completed
Built: 2025
Building Scale
Floors: 17 | Total Units: 367
Building Details
Building Type
High-Rise condo
Property Management
Built in 2025
Date Registered
Jan 1, 2025
Description
1 - About Queen & Ashbridge
- Address: 1555 Queen St E & 1050 Eastern Ave, Toronto
- Neighbourhood: Greenwood-Coxwell
- Storeys: 17
- Units: 367
- Year Built: 2025
- Builder: RioCan Living and Context Developments
- Building Type: High-Rise Condo
- Suite Sizes: 490 sqft - 1987 sqft
- Average Price: $1,281 / sq. ft.
2 - Overview of Queen & Ashbridge
Queen & Ashbridge is a 17-storey mixed-use condominium development positioned in Toronto's emerging "Coastal Queen East" district. The tower, designed by Teeple Architects, showcases a distinctive pyramidal form that draws architectural inspiration from Mediterranean hill-towns, particularly those found in Santorini.
The building employs a dual façade approach that responds thoughtfully to its urban context. The southern elevation presents a sculptural white exterior that frames views toward Ashbridges Bay and Lake Ontario, while the northern face integrates seamlessly with the established Queen Street East streetscape.
This comprehensive redevelopment transforms former City of Toronto lands into a vibrant mixed-use community. The project encompasses 367 residential units alongside a rental residence component and incorporates over 16,000 square feet of street-level retail space.
3 - Suite Sizes & Value
Residential units at Queen & Ashbridge span from 490 to 1,987 square feet, offering diverse living options at an average price of $1,281 per square foot.
The development features two distinct interior design collections tailored to different lifestyle preferences. The Loft Collection embraces contemporary urban living with open-concept floor plans, exposed concrete ceilings, and industrial-inspired finishes that maximize space and natural light.
Alternatively, the Cottage Collection channels the tranquil atmosphere of Ontario's Muskoka region, incorporating natural materials and wellness-focused design elements that create a serene residential environment within the urban setting.
4 - Building Amenities & Features
- 5,000 sq ft fitness centre: Expansive wellness facility featuring dramatic double-height ceilings with dedicated areas for cardiovascular training, strength conditioning, and functional fitness
- Yoga and spin studios: Purpose-built spaces for mindfulness and high-intensity group fitness classes
- Spa-inspired change rooms: Luxurious facilities complete with steam rooms for post-workout relaxation
- Hotel-inspired lobby: Grand entrance featuring premium finishes and professional concierge services
- Private event space: Exclusive resident venue with adjoining terrace lounge, outdoor barbecue stations, and al fresco dining areas
- Terrace sun deck: Elevated outdoor retreat designed for leisure and social gatherings
- Coworking space: Professional workspace environment with soaring double-height ceilings and abundant natural light
- Dog run: Dedicated on-site facility for pet exercise and socialization
- Guest suites: Convenient accommodations for visiting family and friends
- Retail component: Substantial 16,000 square feet of commercial space integrated along Queen Street East
5 - Location Highlights
- Nature Access: Direct proximity to Ashbridges Bay waterfront, The Beaches boardwalk, and extensive Urban Forest trail systems
- Transit: Convenient access to the 501 Queen Streetcar providing east-west connectivity across the city
- Road Access: Strategic connection to Lake Shore Boulevard for efficient vehicular transportation
- Neighbourhood: Ideally positioned west of Coxwell Avenue, creating a natural bridge between the established communities of Leslieville and The Beaches
- Recreation: Immediate access to Lake Ontario's recreational opportunities including sailing, paddleboarding, and year-round waterfront activities
6 - Lifestyle Near Queen & Ashbridge
Queen & Ashbridge defines the emerging "Coastal Queen East" lifestyle, seamlessly blending the area's rich 19th-century architectural heritage with contemporary lakeside living. The development occupies a unique position between the artistic energy of Leslieville and the natural beauty of The Beaches neighbourhood.
Residents enjoy immediate access to the area's growing culinary scene, featuring independent coffee roasters and waterfront dining establishments that capitalize on the stunning lake views. The location offers the rare combination of urban sophistication and recreational lifestyle typically associated with cottage country.
This established yet evolving community appeals to residents who value outdoor recreation, cultural amenities, and convenient access to Toronto's downtown core while maintaining a distinct neighbourhood identity.
7 - About the Developer
Queen & Ashbridge represents a strategic partnership between RioCan Living and Context Developments. RioCan Living operates as the residential division of RioCan REIT, a prominent real estate investment trust established in 1993 that specializes in integrating residential components within mixed-use commercial developments.
Context Developments brings over 27 years of expertise to the Toronto residential market, with a proven track record in delivering innovative mixed-use condominium projects. The company maintains a strong commitment to affordable housing initiatives and sustainable urban development practices throughout the Greater Toronto Area.
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