This is the male Asian Fairy bluebird from the Indomalaya exhibit of the Toronto Zoo.
The male of this species of fairy bluebird has bright blue plumage while females have a somewhat less flamboyant coloration. The the eye is really that red (it is not a photograph artefact).
Further Readings:
Asian Fairy-bluebird on Wikipedia.
Fairy bluebird on the Toronto Zoo website.
Last updated: July 3, 2014