Liberty Theatre - exterior side. The photo was likely taken in 1953 considering the film "Lili" was released in March that year. The neighbourhood shown here likely looked much the same as that four years earlier when the theatre was built. I heard a short distance up the street there is a restaurant famous for its wonton noodle soup.
Source: uwants.com - post #3309 by user ken - http://www.uwants.com/viewthread.php?tid=14833421&page=221#pid226600128
