197 Yonge Street facts for kids
The building at 197-199 Yonge Street in Toronto, Canada, is a very old and important place. It used to be a four-story bank building for the Canadian Bank of Commerce. Famous architects named Darling and Pearson designed it, and it was finished in 1905. Because of its history and beautiful design, the City of Toronto officially called it a historical property in 1974. The bank moved out of the building in 1987.
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A Look at Its History
This building has a long and interesting past. It was built over a hundred years ago, in 1905. Back then, it was a busy bank where people would go to save money or get loans. The address, 199 Yonge Street, can still be seen above the main entrance.
Who Designed This Building?
The architects who created this impressive building were Darling and Pearson. They were well-known for designing many important buildings in Canada. Their work often featured grand styles, making buildings look strong and important. This bank building is a great example of their skill.
Why Is It Historic?
In 1974, the City of Toronto decided that 197-199 Yonge Street was a special historical place. This means the building is important to the city's past. Protecting it helps us remember what Toronto was like long ago. It also keeps its unique architecture safe for the future.
What's Next for the Building?
Even though the bank moved out in 1987, the building is still important. It has been updated inside, now having about 1,619 square meters of space. This old building will become a part of a new, big project called the Massey Tower. This means it will be preserved and used in a new way, blending old history with new development.
Neighbors on Yonge Street
The area around 197 Yonge Street is full of history. Right next door, at 205 Yonge Street, is another historic site. There used to be a famous place called the Colonial Tavern between these two buildings. It was a popular spot but was taken down many years ago.