matador: The Matador has been a landmark at College and Dovercourt for a century, according to The Toronto Star. Cole Burston / for the Toronto Star An original piano is seen, with years of dust and dirt, and cracked paint, at The Matador Ballroom during a tour of the premises on Sept. 12. The 102-year-old ballroom and once-notorious after-hours haunt will go up for sale early next week, the Star learned from co-owner Paul McCaughey on Friday. Cole Burston / for the Toronto Star He bought the building with his brother, former CIBC president Gerry McCaughey, eight years ago and has doggedly fought to get the place up and running as a public hall again against endless bureaucratic hurdles and neighbourhood opposition ever since. McCaughey is now on the hunt for an angel investor or consortium of investors to take over financing of the project and help see his plans through in time for when the Matador's liquor licence kicks in next March 15. Yet although the Matador finally received a zoning certificate from the city last month allowing it to reopen as a place of assembly, an eating establishment and a custom workshop a main public hall with a small restaurant opening onto Dovercourt Rd. at the front and a multi-purpose room that could be used as either a screening room or a recording studio at the back, essentially his brother, who did not want to be interviewed for this piece, wants out of the investment.
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