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I was hoping for some large townhouses to increase the market value of the neighborhood.

Now if we could just wipe out the rooming houses and replace them with high end condos we could get rid of the crack addicts, the homeless people, and the hookers and drunks as well as the mentally ill it would be a nice place to live.

http://appleinsider.com/articles/18/01/04/apple-planning-new-toronto-store-at-yonge-bloor

The entire stretch of Sherbourne rooming houses that you mention used to be the equivalent of Forest Hill in the 1890s. Those rooming houses were mansions of the rich back in that time and they were all single family homes of well to do gentlemen and families mostly working in the distillery...

Another opportunity to gentrify the neighborhood and remove the crack dealers, prostitutes and alcoholics from this neighborhood and move them out to the edges of the city.