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This historical tavern in Toronto is closing after nearly 200 years
(toronto.ctvnews.ca)
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So it's being sold and it can't be demolished.
It's gonna be a rough bit of renos to get it back up to code while still following the labyrinthine heritage regs, but by no means it is gone for good.
Hope someone buys it and can grow a local pub with all those high-rise patrons around it.