Parts & Labour confirmed in an Instagram post that it will officially close come the first day of the new year, following "a final farewell" on New Year's Eve.
"It has been an honour to serve the community of Parkdale, Toronto, and those that have joined us from afar for what has been a 10 year journey," Parts & Labour wrote in a statement.
Opening in the city's West End in 2010, Parts & Labour became a staple of Parkdale dining under celebrity chef and co-owner Matty Matheson, who left the restaurant last year.
The restaurant's basement area, dubbed the Shop, has played host to the likes of Iceage, METZ, Mac DeMarco, Odonis Odonis and more. In recent years, the basement became home to a multitude of DJ nights, including Boosie Fade, Party & Bullshit, No Chill and others.
Parts & Labour is owned by the Social Group, an event planning company that also owned the now-shuttered Toronto nightclub the Hoxton.
To Our Valued Guests, Parts & Labour will be closing its doors on January 1st, 2019. It has been an honour to serve the community of Parkdale, Toronto, and those that have joined us from afar for what has been a 10 year journey. We wish to thank our loyal clientele for their continued patronage and support over the years. It has been an incredible experience and none of this would have been possible without you. We would also like to thank our entire staff, both past and present, as well as those that contributed in many different ways. P&L invites you for a warm return, to enjoy some final memories as we wind down the ending of our era. Service will continue as usual until our final farewell on New Years Eve 2018. Please come and join us in celebrating. Best, P&L