Sorry interchange, those theatres will never play art house cinema. the cineplex odeon representative in the eye weekly article expresses almost no lament for the loss of The Carlton. instead of mentioning the sincere boost of artistic cinema the theatre provided, she mentions how it did not meet the gargantuan and philistinistic standards of cineplex's mainstream theatres. The Carlton is not "state-of-the-art," like, oh say, the AMC down the street. Oh please. I'd rather see a beautiful film here than waltz to Etobicoke and have my chairs vibrate and watch a screen the size of the AMC. it's depressing really.
There is, as the article mentions, The Royal, The Bloor, Varsity, and The Cumberland. The Varsity, of course, is more of a hybrid. Oddly enough, you're able to watch "Transformers" and "There Will Be Blood" without leaving the building.
I fear there are only two ways Toronto will be able to enjoy another cinema of this calibre: [1] a very rich person decides to buy The Carlton and spruce it up, or, [2] we wait years until Toronto's film-lover community becomes more populated and more educated (like NYC) and new independent locations surface.
I often pride Toronto on being a city in which film is loved and appreciated, citing the number of both commercial and independent theatres, and the strength of TIFF. However, it seems that my diagnosis was slightly inflated.