My guess is that this marks the end of Chinatown II which had already contracted considerably since its heyday in the early 80s, especially after the Vietnamese influx. That building housed the last best produce store as well as a great place to pick up Chinese dishware etc. The SW is already pretty derelict and almost all boarded up. That giant archway on Gerrard opposite the jail will be all that remains, a relic of the past.
I expect a condo proposal sign any second now ...
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And now this.
I just hope we don't lose Bill's Lobsters!!! I've bought five pounders there.
While I mourn the lose of the rather handsome old brick building, I can't say I feel much sadness at, as I predict, the end of this strip. It's way past its prime. Even the Pearl Court doesn't do it for me anymore -- and I used to be a regular back in the day when it was a hole in the wall on the north side.
With the gentrification of Leslieville and Riverdale since the 80s, this area is ripe for redeveloment, as we have seen with the establishment of places like Batifole, Great Burger Kitchen etc.