Centre Island is losing its historic carousel

Latest Videos

The 110-year-old carousel at Centre Island's Centreville Theme Park will soon stop turning in Toronto.

That's because according to the Toronto Star, the family-owned Centreville sold its original Dentzel Company carousel for $3 million. The ride, which has been spinning in Toronto since the 1960s, will find a new home in Carmel, Indiana.

A post shared by Sarah Rogers (@sarah0rogers) on Jun 19, 2016 at 10:30am PDT

As the Star reports, Centreville has lost $6 million this season as it sits shuttered on the flooded Toronto Islands. Since the park isn't making money this season, it needed to sell of one of its most valuable assets in order to find another revenue stream.

The carousel will remain at Centreville until November.

Lead photo by

Moodycamera Photography

Latest Videos

Join the conversation Load comments

Latest in City

Giant 'beast' sized rats are completely taking over an Ontario city

Last Canada Child Benefit payments before big increase are going out next week

Tornado watches in effect for Southern Ontario as severe thunderstorm approaches

Someone got a horrible TTC tattoo and people in Toronto think it's absolutely hilarious

Fascinating map shows which languages are spoken the most across Toronto

Toronto could finally allow more corner stores and cafes on the city's side streets

Toronto commuters prepare for buses to replace busy streetcar route for rest of the year

People from these countries don't need to re-take a road test when moving to Ontario