Apple Store to Open at Stollery’s at Yonge and Bloor in Toronto? [Update]

Update 1: The Grid contacted Stollery’s and their manager Deborah Scott had this to say (thanks Francois):

“I think that’s an interesting rumour and I’d like to know who started it,” she said. “But it’s not true—we’re definitely in business, we have staff here, we’re still buying and we’re not moving anytime soon.”

According to tip received by UrbanToronto from a ‘reliable’ real estate source, Apple has purchased the Stollery’s store at Yonge and Bloor streets in Toronto, which could possibly be the location of a flagship store in the heart of downtown. A previous rumour had noted Apple had planned to occupy the bottom two floors of a skyscraper across the street but that was delayed due to financial concerns, notes MacRumors.

The images below show the location of Stollery’s and the latter location:

Stollery’s is an iconic store that opened in 1901 by Frank Stollery that carries numerous British and European fashion wear for men and women. In 1968 it was renovated and expanded to from 1500 square feet to its current day size of 30,000 square feet spanning four levels.

Anyone else hearing whispers about this possible location for an Apple Store? Other recent Canadian Apple Store news includes the recent confirmation of an upcoming store in Coquitlam Centre.

[UrbanToronto via MacRumors]