Some previous discussions about the potential redevelopment and history of Toronto Street here:
https://urbantoronto.ca/forum/threads/19-25-toronto-st-potential-redevelopment-adelaide-st-e-goband-development-s.29740/
This looks great. As far as U of T's building stock goes, this was pretty under recognized so it's nice to see it getting some much needed restoration.
It's a little bit not as bad depending on how the lighting hits it. But overall definitely shaping up to be a building of missed opportunity. Could have been a lot better if the balconies were more pronounced.