Another new high-rise has been proposed near the Bayview–Eglinton intersection. An Official Plan Amendment and Rezoning application has been submitted for 550 Eglinton Avenue East, covering properties at 544–552 Eglinton East and 12–14 Bruce Park Avenue. The plan, designed by Studio JCI for developer Dez Capital Corporation, calls for a 25-storey purpose-built rental building with 256 residential units, ranging from studio to 3-bedroom layouts, and retail at street level.
According to the City of Toronto’s application details, the proposal includes two levels of underground parking with 58 spaces, along with 283 bicycle parking spaces. Indoor and outdoor amenities are also part of the plan. A paved access from Bruce Park Avenue is proposed to connect to the underground garage.
A virtual community consultation meeting is scheduled for September 24, 2025, from 6 to 8 p.m., where residents can learn more and share feedback.
