The recently renovated store could be demolished for towers as well as a new purpose-built retail space for Canadian Tire.
Aw, this is like the only place downtown to buy auto stuff. Can't even get oil at the Bay/Dundas location.
It is my understanding that the intent is to retain a CT store at this site; but I would imagine the existing one would have to close during redevelopment.
At any rate, you have awhile, there is no application filed with the City yet, which put any closure at least 2 years away; if the site is flipped out of CT's hands, as seems likely, it could be a fair bit longer.