Iconic vacant Toronto Yonge Street building finally has a new owner

If you’ve ever walked down 205 Yonge Street in Toronto, you’re likely very familiar with The Bank of Toronto, a rather over-the-top looking building designed after the Roman Pantheon.

The historic landmark has sat empty for more than 20 years and finally has a new owner.

According to blogTO, the original building never sold because of conflicts with its previous owners, Mark Goldberg of Highbury Asset Management. According to the asset management company that previously owned The Bank of Toronto, the building entered receivership in 2021 and was purchased by a private owner that doesn’t want to be named.

The Bank of Toronto was designed by E.J. Lennox, the architect behind Toronto’s Casa Loma and Old City Hall. The Bank of Toronto building (now known as the Toronto-Dominion bank), was originally built in 1995. Despite sitting vacant for roughly 20 years, the inside of the building remains stunning and shockingly ornate.

The Bank of Toronto building is currently up for lease, and, thankfully, there are no plans to turn it into a high-rise or condo. Interestingly, all of the bank’s vaults are still present in the building, making it the perfect home for another bank or possibly a themed restaurant.

Via: blogTO

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