The ruins standing here today are all that remain of a seven story flour mill built in 1848 to replace an earlier mill, both built by William Tyrrell of Weston for William Gamble, Etobicoke's first reeve. In 1881, the mill suffered the fate of earlier mills and was destroyed by fire. The ruins were designated under the Ontario Heritage Act of 1983.
The King's Mill, Toronto's first industrial building, was built in 1793 near this site, on order of Lieutenant Governor John Graves Simcoe, to mill lumber for the proposed town of York. German-speaking Nicholas Miller was the millwright, assisted by the Queen's Rangers.
The Old Mill Tea Garden Restaurant was opened in 1914 as a community amenity by Robert Home Smith, the developer of the Kingsway area.