This is The Strathcona Hotel. It was built in 1891 as a hotel for the C & E Railroad. The new owners have decided to do some Reno's on the building.
The ground level will be home to a new Pub while the 2nd and 3rd Floors will be hotel rooms.
It is actually a miracle it is still standing due to the fact that last year when the Renos started there was a fire that did a fair amount of damage especially to the roof