My fam is on Keele/Eglington which isn't anything to show off, and it's still 5x better than Jane. I wouldn't advise someone to move in to the area, but 10 years from now who knows.
I won't be waiting though.
It's something we should all consider. This covid problem shows me being in a "top" city or country doesn't mean much. It's all about how far your money can stretch.
People are actually leaving Toronto and the other big cities, but they can't cover it up with immigration right now.
Population Growth Declines in Canada's Major Urban Centers Amid Pandemic
Less population, means less taxes, which means more mysteries money coming in. There are too many underlying problems.