But the city has shut off the water, thereby shutting down the restaurant.
John Letnik, who owns the old cruise ship turned floating restaurant, admits he owes a small fortune in back taxes.
"I'm behind on rent and everything," he said. "So now the city [has decided] to — with the Waterfront Toronto and the port authority — to shut my water off to put me out of business."
Letnik has asked for more time to find a buyer for his ship.
In a letter to the City, the Toronto Port Authority and Waterfront Toronto, he says, "I just want to pay my bills and retire with dignity."