The former Centenary-Queen Square United Church, now the Gothic Arches, has been up for sale for a couple of years now but thus far no takers.
There are fears it will eventually have to be torn down with the city losing a bit of its heritage.
Architect Bob Boyce concedes it would be more expensive to convert the old church to another use such as apartments and condos but it's not out of the realm of possibility and the church building itself is not in bad shape.
He speculates information technology companies might want to call it home because of its quirky atmosphere although parking would be limited.