The Beaches Bake Shop is the only Swedish bake shop I know of in all of Toronto so I will happily tell you that it is the best Swedish establishment I have been to in the city (and that's including you, IKEA).
I rolled in one day and was impressed by the diversity in foods, particularly in the salads. I'm an out and proud vegetarian so I can't say that Swedish food particularly comes to mind as a staple cuisine but they had a lot of salads that looked amazing. The chickpea one stole my heart.
But you go for the pastries. For every holiday they make a special treat, like Swedish cinnamons buns (I'll spare you the unpronounceable name) and offer cooking classes for both children and adults.
It's got ample space, coffee worth drinking, and a very lovely staff as well. Even if it's out of your way, I'd recommend going just for the novelty of a Scandinavian bake shop.