Can't tell you the memories this thread is bringing back. So glad I found this site, although for some reason it makes me feel old, when I usually feel like that teen who used to skip school to go downtown and hang out at Sam the Record Man.
Anyway, this terminal was known to me as "Hogs Hollow". When I was a child, my mother would take us downtown to Eatons/Simpsons from Woodbridge by walking to a church in Pine Grove, where a "special" zone bus would take us to Blondin Loop in Weston (the loop no longer exists and is in the area of the off-ramp to Weston Road from the 401).
From Blondin we'd catch the 93 Wilson bus which would take us from the beginning of Wilson (to the west it turned into Albion Road) for its entire length (at Yonge it turns into York Mills). At Avenue Road the bus would meander along Yonge Blvd. and I'd marvel at the mansions.
Arriving at Hogs Hollow, we'd await the trolley car which would take us southbound on Yonge to Eglinton subway station, where we'd hop on and continue to Queen. There would be a quick visit to Woolworths for lunch and then we'd scurry around Eatons and Simpsons quickly so we could make the arduous trip back in time not to miss the Pine Grove bus (last one was at 4pm). I remember the bus tickets were 4 for a quarter.
Funnily enough, a client bought the building beside Loblaws which now operates as Trappers Restaurant, but it wasn't until looking at your picture that I realized I was back at Hogs Hollow loop. It brought a little tear to my eye (similar to the one I had when my mum gave me a spanking because I was whining about the trolley car taking too long to arrive at the loop).