Both Avenues and both Mount Pleasant buses, along with, Eglinton, and the 97C Yonge still do. Six in total, aside from the nightly shuttle.
Quite frankly, I'd rather see them as through services that, connect to Line 5 at their respective stations, but continue into downtown somewhere busy enough so there are alternatives to just Line 1, and for now, the 97C. That's just me, even if there would be a dead zone between Bloor and St. Clair for ridership. I know the thoroughfare likely serves less people though, as I normally see people go for Line 1 or the mall. However, when the area gets redeveloped, I'm speculating that there will be closures, possibly long-term periods, requiring some interlining function between these four routes while 34 stays on Eglinton altogether unless they build another temporary loop somewhere.
From what I've been seeing at Eglinton:
Cinnabon, the neighbouring convenience store, and perhaps the other one across the hall, are the only business still getting noticeable traffic from my POV. No telling if any of them would relocate into the "New Tenant Coming Soon" space(s) provided by Metrolinx in the Line 5 area.
I'll just add these photos I took last week of most of the shops still at Eglinton (this is at nighttime, for the record), but most seem ready to leave soon:
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And my impression with Line 5... the 34 is just easier, if/when you catch it.
Ridership and traffic fluctuates on it through the day/week, but its far easier to hop, shop, and pop back or go elsewhere. And half a bus' worth of passengers or more, on average, travel between Keele and Dufferin from what I have seen, and little less towards Cedarvale before dropping off dramatically thereafter, where it picks up again around Don Mills, and again in Scarborough.
The 34, when Line 5 goes down, gets packed more so than the shuttles I find; time and place, I guess. But also, even if the disruption on Line 5 is somewhere east, for example, I've witnesssed quite a few or many continue to use the 34 further beyond the disruption span. Like, Fairbank "further," for the downed wire the other day in the east.
Keelesdale Road and Eglinton is a decently-used and convenient location for transferring from bus-to-bus (ideally east, not so much west), without having to go so far into the station, and for the No Frills. But that light taking generally two minutes to cycle is ridiculous.
And finally, up to just last week, people, despite signage at the bus bays, and on the buses themselves, are still going west out of Eglinton station on the 34 when they wanted east and get off at Henning Avenue or Lascelles Blvd and walk back. I have already reached out to the Commission on this, as the east buses should have continued serving the bays paralleling Yonge where westbound continued along the platforms paralleling Eglinton. It was what people remembered for so long since this terminal was built and opened. Though most regulars are already have gotten used to it, and it might not be long before the terminal gets demolished anyway.
Line 5 is still a work in progress, I think, but still a good line and great for those travelling from far, faster.