Candles, flowers and messages of support are being left this morning at the site of a van attack that killed 10 people and injured 15 others.
The memorial was set up on the east side of Yonge just below Finch where the deadly incident took place Monday afternoon.
Police have not yet released the names and ages of the victims.
However, the president of Invesco Canada, which is near where the crash took place, issued a statement saying one of his employees had died.
Peter Intraligi says the company's "thoughts and prayers" were with "all those impacted by this tragic event."
The company had earlier issued a statement saying two of its employees were affected.
"I can now confirm that unfortunately one of our employees has succumbed to her injuries," the statement said. "Out of respect for her and her family, we will not be providing any further comments."
Meanwhile, the man suspected in the incident was scheduled to appear in court Tuesday morning.
Police say charges against Alek Minassian, 25, of Richmond Hill, Ont., will be revealed at that time.
Minassian was arrested after a brief sidewalk standoff with a lone police officer not far from the attack site.
Prime Minister Justin Trudeau said late Monday that the federal government is "monitoring this situation closely." He offered his condolences to the loved ones of those who were killed, adding, "We should all feel safe walking in our cities and communities."
Trudeau was scheduled to make another statement about the attack early Tuesday morning outside the House of Commons.
Public Safety Minister Ralph Goodale said there was no information to change Canada's risk level and the "horrendous" events "do not appear to be connected in any way to national security.
Toronto Police Chief Mark Saunders said it was too early to suggest a motive for the deadly incident.
Sunnybrook Health Sciences Centre, which on Monday night said it was treating five patients in critical condition, two in serious condition and one in fair condition, said the victims' status was unchanged early Tuesday.
A makeshift memorial has been set up along Yonge Street where residents have been leaving flowers and candles and writing messages of support and condolence on large cardboard squares.
The stretch of Yonge Street where the victims were struck remains closed to traffic and was expected to stay blocked off for several days as police continue what is likely to be a lengthy investigation.