Built in 1851-1853 for the Province of Canada, the Seventh Post Office was designed by TORONTO architects Frederic Cumberland and Thomas Ridout. The structure, in the Neo-classical style, resembles a Greek temple with the Royal Arms of England on top.
#10 Toronto Street served as a post office until 1873, and then housed government offices until 1937. It was sold to the Bank of Canada and later purchased and refurbished by ARGUS CORPORATION, an investment and holding company. Argus was once Canada’s most powerful conglomerate, controlling Canadian Breweries, Dominion Stores, Hollinger Mines, Crown Trust, Malting Company, Orange Crush and British Columbia Forest Products Ltd.
From Argus Corporation the building was passed on to CONRAD BLACK’s Hollinger Inc., media holding company. It was from #10 that Mr. Black himself was taped removing boxes of documents from his office – against court orders. This partly led to Black’s imprisonment in a US jail for a few years. INTERIOR PHOTOS – Crossley Engineering/Toronto & http://www.carillion.ca
In 2006, the building was sold to Morgan Meighen and Associates, a Canadian investment manager, for $14-million ($1800 per square foot), roughly three times the price of a typical building in downtown TORONTO.