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World's Biggest Bookstore Sale Closes

Toronto Retail
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The World’s Biggest Bookstore on Edward St, a tourist attraction for many years, will soon be a thing of the past (from now on you can call it The World's Biggest Former Bookstore), with an industry source confirming to Bisnow the formal sale of the property for $51M. It had been reported previously in the media that the buyer is Lifetime Developments. There has been no confirmation as yet on what will be developed on the land—prime location just off of Yonge, north of Dundas, a short walk from the Eaton Centre. The bookstore will close to the public this month.