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Closure of Toronto restaurant after 70 years signals change for neighbourhood

In 1955, 16-year-old Chris Balkos purchased a building and restaurant at the corner of Coxwell Avenue and Eastwood Road that came to be known as one of Toronto's most famous diners — the New Town Family Restaurant.Balkos ran the all-day breakfast diner along with his brother, Louis, which went by the name New Sunrise Restaurant for roughly three decades, becoming a neighbourhood staple for omelettes, sandwiches, fries and gravy, charbroiled burgers, and souvlaki.Balkos' son, Tom, who now serves as the Broker of Record and President at P3 Global Realty Advisors Inc. tells blogTO that the restaurant was a "typical 50s-style diner that never made it out of the 50s."Despite its vibrant legacy, the restaurant closed its doors for good in September, to the dismay of local resi...

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