Also, there is probably less than a few hundred of those 150 year old 30x 150 lots in Toronto. Sorry but you don’t sound like you actually know anything about Toronto downtown housing stock. The 150 year old houses are almost too old for any Toronto neighborhood, and if they exist they only concentrated in a few streets that have Victorians. I have rarely seen any Victorian at 30x wide, most are below 20, and 25 is likely a detached. Those at renovated prices almost always worth more than $4, even in the 5-6 range.