A Toronto landmark has been sold to a builder in Vancouver.

Honest Ed’s discount store, at the corner of Bloor and Bathurst, will close down in two to three years.

Since 1948, the store has grown to take up almost a whole block.

Over the years, the decorations all over the building have become more and more extravagant.

The public can see the store’s neon signs and colourful lights from two blocks away.

The founder of Honest Ed’s was Ed Mirvish.