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TORONTO – Ontario’s police watchdog is investigating after a man in his 40s was shot during an armed robbery attempt at a variety store near the St. James Town neighbourhood of Toronto Wednesday morning.

Police say they received a call at around 8:30 a.m. for a hold-up in progress at 591 Sherbourne Street and a report of a man with a gun.

The Special Investigations Unit said in a media release that an “interaction” occurred after officers arrived on scene.

The male suspect was then taken to hospital in life-threatening condition with gun shot wounds to his leg and torso.

The SIU is investigating a shooting involving police after an armed robbery attempt at a pharmacy in downtown Toronto on Jan. 7, 2014. John R. Kennedy/Global News The SIU is investigating a shooting involving police after an armed robbery attempt at a pharmacy in downtown Toronto on Jan. 7, 2014. John R. Kennedy/Global News The SIU is investigating a shooting involving police after an armed robbery attempt at a pharmacy in downtown Toronto on Jan. 7, 2014. John R. Kennedy/Global News

The area surrounding Sherbourne and Huntley streets remain closed for the police investigation.

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The SIU probes situations involving police where there has been death, serious injury or allegations of sexual assault.

WATCH ABOVE: An investigation is ongoing in downtown Toronto after a man was shot by police during an armed robbery attempt.