[3] The Rochester firm that owned and operated the ferry had a 14-year lease on the use of the terminal that would have paid the City of Toronto $250,000 per year.

Since the demise of the fast ferry service, PortsToronto has been promoting Toronto as a cruise ship destination.

Cruise ships that serve American and European tourists travelling on the Great Lakes between May and October are making increasing use of the terminal as a port of call over the summer months.

[5] The terminal is a two-storey building which has 38,000 square feet (3,500 m2) of floor space and can deploy an adjustable passenger ramp from the second storey.

On October 14, 2019 the terminal processed a record 988 people when the Hamburg, the Le Champlain and their passengers and crew docked on the same day.