Market Insight Dave Dubbin July 18, 2026
The strip mall at the southeast corner of Kipling and The Queensway, the one with the Kipling-Queensway Mall and that huge parking lot, could eventually become one of the biggest communities ever built in Etobicoke. The application filed with the City proposes towers from 12 to 65 storeys and roughly 7,360 new homes on about 18 acres. To put that in perspective, that's a small town's worth of people on one plaza site.
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The developer, Fig Tree Construction, filed an Official Plan Amendment for 1255 The Queensway with a master plan drawn up by Toronto architects Studio JCI. The broad strokes:
The tallest buildings would sit near Kipling and the Gardiner ramps, with heights stepping down toward the lower-rise streets north of The Queensway.
This is an Official Plan Amendment application, which is the very first stage of a very long process. Zoning and site plan approvals would still have to follow, then sales, financing, and construction phased over many years. Projects this size are measured in decades, not years. And this is a tough moment for builders to launch anything, which stretches timelines even further.
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1255 The Queensway is not an outlier. It's part of a wave. Directly east, another master plan proposes towers of 18 to 46 storeys at 1025 The Queensway. There are applications up and down the corridor, plus the major projects around Islington and Kipling stations a short hop north. The Queensway has quietly become one of Toronto's most active redevelopment corridors, and the City has signalled it wants growth here.
For anyone who bought along The Queensway in the last decade, the neighbourhood you bought into is going to keep changing: more neighbours, more retail, more services, and eventually more pressure on the roads while the construction happens. Both things are true.
If you own nearby, intensification generally brings amenities and, over time, buyer demand to a corridor. It also brings years of construction and planning debates, and individual streets experience that differently. If you're thinking about how a specific proposal affects your property, that's a conversation worth having early, not after the hoarding goes up.
If you're a buyer eyeing the area, remember that today's application is not tomorrow's condo launch. The homes that exist now in Queensway, Stonegate, and Islington Village are the ones you can actually buy, and they're the ones that benefit as the corridor fills in around them.
Curious how the Queensway's transformation affects your plans? Get in touch or see what's for sale in the area right now.
Dave Dubbin & Associates
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