One of Toronto's few art-house cinemas, the Carlton, is scheduled to close Dec. 6.

Cineplex Odeon Canada, owner of the cinema which screens Canadian films, foreign films and indie fare that has finished its run at regular cinemas, announced Tuesday that it will close the Carlton when its lease expires.

The cinema is multiplex with many small screens that opened in 1981.

Cineplex Odeon says it has moved away from that style of cinema — to present stadium seating and more sophisticated sound systems.

"While the theatre has been part of our company for a number of years, business has really been declining," Pat Marshall, vice-president of communications for Cineplex Odeon, said in a statement.

"It is not representative of the calibre and quality of theatre that we would like to present to our guests … it is not what would be called state of the art."

The first Carlton cinema opened in 1948 at the corner of Yonge and Carlton streets. Renamed the Odeon Carlton in 1956, it was demolished in 1973. The current Carlton reopened just a few steps further east in 1981.

Cineplex Odeon said it has offered staff of the Carlton jobs in its other cinemas. When the Carlton closes, the Cumberland will remain as an art-house cinema in the Cineplex Odeon chain.

Toronto lost its Paradise and Kingsway repertory theatres in 2006, but The Royal and The Revue were saved, in part because of grassroots efforts.

With files from Radio-Canada