If Toronto truly wants to become a World Class City (whatever that means) then living in an apartment instead of a house will be more the norm.  Like in London, Moscow, NYC, Paris...............it's called economic reality. 

To complain about the loss of a single family home dream makes a much sense of pining to live on a farm in North York like someone's Grandparents back did in 1929 or in Mississauga back in 1979 or in Milton in 1999.  Math doesn't support that premise any longer.