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The buidling is currently unoccupied and boarded up, along with neighbouring heritage buildings 80 and 86 Mimico Ave. This grouping of heritage properties is a prime target for demolition and large scale redevelopment if sold by the current owner.
Though now boarded up and seemingly abandoned 78 Mimico Avenue was built circa 1920 and began life as an active and busy dairy founded by John Mackenzie and his son Percy, serving Mimico and the surrounding community as John Mackenzie and Son, Dairy.
In October 1930 Mackenzie sold the land to Samuel Oldham, Leonard Oldham and A.R. Munro. They sold it in June 1932 for $1 to the Hillside Dairy. This suggests that the Oldhams were the owners of Hillside Dairy, or this was in effect a merger.
The president of the Hillside Dairy was Robert Thomas Stillman who lived nearby at 38 Hillside Avenue. He died in December 1943 and in December 1944 the dairy was sold to the Silverwood Dairy for $1, also suggesting a merger.