I think the existing older stock of rental units along Yonge in this part of town are a real treasure. If I was a small family looking to rent in the city I think these would be very appealing - great schools and amenities in a neighborhood otherwise priced out of reach. In that light, I would rather the existing stock was fixed up and upgraded to earn higher rents than torn down for a new build. I know there is a pretty large - bigger, taller is always better contingent on the forum - but there is already decent density around here and sometimes I would rather take some thing nice and make it better than trying to start from scratch all the time. Also - this property owner seems like kind of sketch.