Looking northwest toward the corner of King St W and Bay St in the Financial District of Toronto.
The archive photo features The Mail and Empire Building, shown directly at the corner. Constructed between 1879 and 1881, the structure was initially known as the Mail Building, where The Toronto Daily Mail newspaper was printed and published. Designed by architect Richard Waite in the French Renaissance style, the five-storey building featured a 40-meter (130-foot) tower where, on a clear day, “the American shore could easily be discerned.” During that first decade, the building suffered fire damage on three separate occasions, with one blaze severely damaging the top floor, which had to be reconstructed.
In 1895, The Mail merged with The Empire newspaper to form The Daily Mail and Empire newspaper, whose sign is visible in the old photo. In 1936, The Globe newspaper absorbed The Mail and Empire, which then became known as The Globe and Mail.
Two years later, in 1938, the grand newspaper building was sold to the Bank of Montreal. The following year, it was demolished to make way for a 16-storey structure that served as the bank’s main office and Ontario headquarters. This building remained until 1975, when it too was torn down to make way for the current two-storey Bank of Montreal building, which is part of First Canadian Place at 100 King St W.
Then and Now

SOURCE
- City of Toronto Heritage Register
- Heritage Toronto
- Ontario Heritage Trust
- Biographical Dictionary of Architects in Canada
- The Toronto Daily Mail Newspaper Archives: Jul 2, 1881, pg 1
- The Globe Newspaper Archives: May 26, 1884, pg 5
- The Globe Newspaper Archives: May 24, 1886, pg 8
- The Globe Newspaper Archives: Nov 19, 1936, pg 1
- The Globe and Mail Newspaper Archives: Jul 26, 1938, pg 1
- The Globe and Mail Newspaper Archives: Dec 6, 1938, pg 18
- The Globe and Mail Newspaper Archives: Oct 26, 1976, pg 5
- Photo: Denise Marie for TorontoJourney416
- Vintage Photo: City of Toronto Archives
- City of Toronto: Maps
- Toronto City Directory, courtesy of Toronto Public Library
