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This building is slated for demolition along with 876 and 878 Yonge Street as part of a condominium project at the southwest corner of Scollard Street and Yonge Street by Yonge & Scollard Developments Inc.
An ancient indigenous trail connecting the Don and Humber rivers that is today known as the Davenport Trail once ran through the land this building sits on. The lot was later sectioned off in the creation of Lieutenant-Governor John Graves Simcoe's concession lines and given to D. W. Smith in 1798 and to John Elmsley 1799, in whose family it would remain for thirty years before being sold to Francis Collins. In 1853, the Village of Yorkville was incorporated and over the following few years Francis Collins Jr. laid out building lots that would later house 874 Yonge Street and its neighbours.