Here's what wikipedia says;
The Yonge Street location was always noted for its kitschy signage. Its first neon signage included the store's address in large neon "347" numbers vertically aligned between two windows. On the left side was a thermometer made from neon. On the far right was a neon multi-sectioned triangle similar to the one on top of the Canada Life Building, which indicated weather conditions depending on how it was blinking. In the late 1960s, the iconic double disc, spinning records neon sign replaced the previous neon signs. The neon signs can be seen clearly in the video for the Rush song "Subdivisions" filmed in downtown Toronto in 1982 and Donald Shebib's influential proto-Canadian film Goin' Down the Road.
The records weren't spinning when we came by. Here's an interesting link for those who have Google Earth. (
visit link)