It's the end of the line for venerable corktown pub Dominion on Queen. One of Toronto's oldest pubs, the Corktown landmark shuttered last year for what was expected to be a short renovation. This spring, those plans changed and the building was sold to new owners for $4.2 million.

Now, FAB Concepts (owners of a host of popular pubs including Brazen Head and Murphy's Law) have leased the space and plan to open a new concept this fall.

When reached for comment, a spokesperson for FAB Concepts told us they were "excited to be in the neighbourhood" and plan to refresh the space while keeping true to its historic roots and place in the community.

Local food, craft beer and live music will continue to be the pub's focus although the name of the new pub and many of the specifics are still being worked out.

The Dominion on Queen was founded in 1889 and operated on the ground floor of what was once known as the Dominion Hotel. The upper floors continue to function as a 25 unit rooming house and will not be affected by the changes coming to the pub.

Are you excited for the changes coming to 500 Queen St. East? Let us know in the comments.