Got great news today that Alterknit Café (1024 St. Clair Ave W) is re-opening it's doors this Tuesday (January 8th). I also heard that they will be having a grand re-opening party on Saturday (January 12th)! Tuesdays will be their knit night. Woo-hoo!!
EDIT: I got more info! The store will open with a new name. It will now be called In The Loop Café. The Opening Party will be on Saturday, January 12 - all day event. Sip, Sip, Knit - every Thursday from 4 pm - 9 pm.
EDIT EDIT: On In The Loop's website it lists their knit night as THURSDAY not Tuesday. I guess I heard wrong!
EDIT EDIT EDIT: In The Loop Café's website is: http://www.intheloopcafe.com/