The mall opened in 1970. It began with only two anchors, Sayvette and Shoppers Drug Mart. The Sayvette chain closed in 1977. Woolco opened in the space where Sayvette previously occupied. Woolco was bought by Walmart Canada in 1994. This location was unionized and was sold to Zellers.
Zellers went in liquidation and closed in June 2012, making way for Target's appearance in Canada. Construction began in December 2012 to convert the Zellers store into a Target store, which opened March 25, 2013. Target Canada announced its closure of all its 133 stores in Canada (including the East York Town Centre location) and is now closed.