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Toronto bakery shuts down after 32 years due to unprecedented rent increase

A family-owned bakery that has served as a stalwart of downtown Toronto for more than three decades has abruptly shut its doors because of the exorbitant cost of living and operating in the city, and issues with its tenancy — mainly, an unprecedented rent increase.Little Italy locals have been heading to Golden Wheat for fresh-baked breads, Portuguese tarts, custom cakes and all sorts of other gourmet treats since the early '90s.But, while the shop managed to remain a cherished and reliable go-to for made-with-love baked goods as the bustling strip around it evolved over the course of 32 long years, this weekend was its last in business — and regulars had little warning to prepare for the loss.Posting to social media just one day before, management sadly informed patrons that the space they have long haunted at 652 College Street would be shuttered by Sunday's end, and vacant soon after."It's been an absolute pl...


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