Bank of Toronto (Yellowknife) the resulting staking spree around the region. As the gold rush ended, the volume of business was insufficient to keep the bank profitable, and the Bank of Toronto closed this branch in August 1951. Purchased by prospector Sam Otto in 1964, the old log cabin was renovated and moved to its current location on Latham Island for use as a rental residence. The Bank of Toronto was designated a City of Yellowknife Heritage Site in 1998. Bank of Toronto (Yellowknife) The Bank of Toronto is a historic cabin located in Old Town, Yellowknife, Northwest Territories, Canada. The log cabin was
Yellowknife Yellowknife as having the coldest winter and longest snow cover season of any city in Canada, while also experiencing the sunniest spring and summer of any city in Canada. Yellowknife, like most other urban centres, has distinct commercial, industrial, and residential areas. Frame Lake, Niven Lake, Range Lake, and Old Town are the residential sectors, with some of the population living in high-rises in the downtown core. Niven Lake is the only area under active development and expansion. Downtown Yellowknife is home to most of the city's commercial activity, though some retail does exist in Range Lake. Industrial activity is