28 Eastern

28 Eastern is a new Condo towns improvement in predevelopment status, situated at 28 Eastern Ave, Toronto, ON, Canada.

Highlights of 28 Eastern

28 Eastern is a striking condominium development located in Toronto’s vibrant and evolving Riverside neighbourhood. This project offers a modern collection of residential suites designed to meet the needs of contemporary urban living, featuring a mix of efficient layouts and well-appointed interior finishes. With a focus on thoughtful design and functional space planning, the suites cater to a wide range of residents, including young professionals, couples, downsizers, and urban lifestyle seekers who value convenience and connectivity.

The architectural design of 28 Eastern reflects a contemporary aesthetic that blends with the eclectic character of its surroundings. The building’s street presence contributes to the neighbourhood’s ongoing transformation while offering residents a comfortable and refined place to call home. Suites are designed with abundant natural light, open-concept living areas, and quality materials that elevate everyday living. Many units include balconies or terraces that extend living spaces outdoors and provide views of the surrounding city landscape.

Beyond individual residences, 28 Eastern offers amenity spaces that enhance community engagement and support diverse lifestyle needs. These shared areas are planned to provide opportunities for socializing, fitness, and relaxation, aligning with the preferences of residents who value in-building convenience. With its balanced combination of residential comfort, contemporary design, and amenity offerings, 28 Eastern stands as a compelling option for those seeking a modern condo experience in one of Toronto’s dynamic urban neighbourhoods.

Property Details

• Property Name: 28 Eastern

• Storeys: 12

• Suites: 379

• Bedroom: Studio - 4.5 Bedrooms

• Bathroom: 1 - 4 Bathrooms

• Size: From 327 Sqft

• Property Type: Condo and Towns

• Location: 28 Eastern Avenue, Toronto, ON, Canada

• Price: Starting from $699,990

• Property Status: Pre-construction

• Selling Status: Promotional

• Ownership: Condominium

• Developer: Alterra

Location and Neighbourhood

28 Eastern is ideally situated in the Riverside neighbourhood of Toronto — an area known for its creative energy, community character, and proximity to the downtown core. Riverside has become one of the city’s more desirable residential enclaves, offering a unique blend of historic charm and contemporary urban amenities. Tree-lined streets, local boutiques, cafés, and cultural venues give the area a distinctive identity that appeals to residents seeking character and convenience within easy reach of major city destinations.

One of the neighbourhood’s strongest advantages is its accessibility. Located near Queen Street East, residents of 28 Eastern enjoy easy access to some of Toronto’s most vibrant retail and dining strips, including eclectic shops, artisanal eateries, and nightlife options. The area’s public transit network, including streetcar lines and nearby subway access, provides efficient connections to the broader Toronto region, making commuting for work, education, and leisure activities seamless and straightforward.

Outdoor and cultural amenities also define the neighbourhood’s appeal. Parks and waterfront spaces are within reach, inviting residents to enjoy open green areas, recreational trails, and views of Lake Ontario. The proximity to cultural institutions and community hubs further augments the lifestyle offerings, making Riverside a neighbourhood that supports both active living and cultural engagement. For those seeking a balanced urban lifestyle with both neighbourhood charm and city accessibility, the location of 28 Eastern presents a strong and compelling proposition.

Reason to Invest In 28 Eastern

Investing in 28 Eastern offers significant potential due to its location in one of Toronto’s increasingly sought-after neighbourhoods. Riverside has experienced substantial interest from both homeowners and investors, driven by a combination of community character, access to amenities, and proximity to the downtown core. Condominiums in established urban communities like this often attract healthy demand as they provide an accessible entry point to city living while maintaining strong rental appeal.

The diversity of suite sizes at 28 Eastern enhances its investment appeal by attracting a broad spectrum of residents. From young professionals seeking efficient urban homes to downsizers looking for lifestyle convenience, properties that offer flexibility in layout and function tend to maintain broader market interest. This diversity also supports rental appeal, as a wide range of tenants can be accommodated within the building’s residential mix.

Market dynamics within central Toronto continue to favour well-located condominium developments, particularly those that combine neighbourhood charm with connectivity and amenities. As housing demand remains robust in key Toronto neighbourhoods, properties that balance quality design with strategic location are positioned to benefit from sustained interest. The combination of Riverside’s desirability and 28 Eastern’s thoughtful residential offering contributes to its potential as a long-term investment option.

A Closer Look at the Toronto Real Estate Market

The Toronto real estate market remains one of the most active and dynamic in Canada, characterized by strong housing demand across multiple segments, including condominium living. As Canada’s largest city and a major economic hub, Toronto continues to attract residents from across the country and around the world, contributing to ongoing pressure on housing supply and consistent interest in centrally located homes. Urban condominiums in strategic neighbourhoods have become essential housing options for a wide range of buyers seeking both convenience and lifestyle value.

Several factors contribute to the continued appeal of Toronto’s housing market, including population growth, employment diversity, and strong cultural offerings that define the city’s vibrancy. Transit accessibility and proximity to employment hubs are key considerations for many buyers, making neighbourhoods with strong connections highly desirable. As urban living preferences evolve, condominiums remain an attractive choice for both long-term residents and investors looking to capitalize on steady housing demand.

Despite periodic fluctuations in pricing or sales velocity, well-positioned properties in desirable neighbourhoods generally demonstrate resilience due to limited available land and sustained demand for quality living spaces. Developments that combine architectural design, functional layouts, and neighbourhood integration benefit from the city’s broader market fundamentals. In this context, properties like 28 Eastern that deliver quality residential offerings in established communities continue to be relevant and appealing to both buyers and investors within the Toronto real estate landscape.

About Developer - Alterra

Alterra is a well-established real estate developer with a strong presence in the Greater Toronto Area and a reputation for delivering high-quality residential communities. The company focuses on thoughtful architectural design, functional living spaces, and well-integrated developments that align with market expectations and lifestyle trends. With a portfolio that includes a variety of condominium and mixed-use projects, Alterra emphasizes quality and consistency in its development approach.

A core part of Alterra’s philosophy is creating homes that meet the needs of modern urban residents, blending design excellence with practical living considerations. Their projects often reflect an understanding of neighbourhood dynamics, regional demand factors, and lifestyle preferences, resulting in communities that feel both contemporary and enduring. By prioritizing a balanced integration of aesthetic appeal and functional design, Alterra continues to meet the needs of a wide range of homebuyers.

At 28 Eastern, Alterra brings its development experience and design sensibilities to a project that aligns with the evolving character of Riverside. With a focus on quality finishes, resident comfort, and neighbourhood compatibility, the developer reinforces confidence in the project’s long-term relevance. For buyers and investors alike, Alterra’s involvement supports the perception of 28 Eastern as a well-executed residential community in a desirable Toronto location.