A development proposal has been submitted

A proposal for the 39-47 Camden properties demolished in August has now been submitted to the City. 
Supporting Documentation in sidebar connects to architectural plans and much more.
"Application to amend the Zoning By-law to allow a 16-storey mixed-use building with a height of 52 metres (58 metres including the mechanical penthouse), a non-residential gross floor area of 364 square metres, and a residential gross floor area of 10,625 square metres. A total of 154 residential units are proposed."

Urban Toronto, as always, has some insight into this proposal: 
Lamb Proposes Mid-Rise, Mid-Block on Camden Street | UrbanToronto