UPDATE: One dead, one arrested in fatal downtown stabbing

One person is dead and another is in custody after a stabbing near the corner of Princess Ave. and Colborne St.

London police have confirmed one is dead after a fatal stabbing in downtown London.

Officers were on scene at the intersection of Colborne Street and Princess Avenue on Sunday.

Insp. Jeff Ordronneau with the London police told CTV News that emergency services were called just after 1 p.m. for an altercation between two men.

“We arrived here and found one male suffering from serious life-threatening injuries,” Ordronneau said. “The male was transported to Victoria Hospital with those life-threatening injuries. He has since succumbed to those injuries, pronounced deceased.”

The London Police Service confirmed Khamis Toto, 30, from London is in custody and has been charged with one count of second-degree murder — he is scheduled to appear in court on Aug. 11.

CTV News spoke to multiple witnesses who wished not to be identified, who were outside near the busy intersection after the altercation.

They said they witnessed paramedics working hard with compressions to revive the victim.

“Our commitment is to a safe community. We continue to ensure that the citizens of London are safe, and we do our best to investigate these and hold those accountable,” said Ordronneau.

Not many more details could be provided, as the investigation continues. However, Ordronneau did confirm that the weapon used was a knife. There are no other outstanding suspects at this time.