A man has died in hospital after a stabbing in Parkdale Monday afternoon, Toronto police say.

Police said they received reports of a stabbing in the area of Jameson Avenue and King Street west around 2 p.m.

The man was transported to hospital with critical injuries before he was announced dead shortly afterwards.

Toronto Police Homicide has taken over the investigation.

Police said the suspect is still at large. He is described as male, Black and was last seen fleeing the scene on foot.

Anyone with information is asked to contact 1800222-TIPS.