Want to own a piece of Toronto history? You can do so starting next week.
The city will sell decommissioned street name signs through an online auction starting on Monday. The start time is not yet known.
Items will be displayed for 60 days and sold individually with a starting bid price of $30.
The city currently has about 1,700 signs in its inventory that can be purchased, and signs will be posted online daily.
“Over the past few years, the public has shown great interest in owning a piece of the city’s history and we are very pleased to be providing this opportunity,” Coun. Denzil Minnan-Wong, chair of the Public Works and Infrastructure Committee, said in a statement.
Steve Johnston, a spokesperson with the city’s Transportation Services department, said on Thursday that the money generated from the auction will go to the city’s traffic sign revenue account.
Between 200 and 300 signs are expected to be added on annual basis.
The old signs were replaced when they became too illegible or damaged under a new harmonized street name design policy that was adopted within the city in 2007.
“When a sign is taken off the street, it could be made available for sale as long as it is in good condition,” Johnston said.
Signs that are in very poor condition won’t be on the auction block but will recycled instead.
Each year, the city replaces around 1,800 street name signs that are old and damaged.
The auction is being run by Platinum Liquidations.
Click here for more information about the auction.
With files from Showwei Chu