Crunching more numbers for a "Baugruppe". Assuming 12 partners buy this $2.5m lot on the west side and co-develop a 12 plex, then they could have a 920sf 2br and den for ~800k (but not a simple or straightforward process!). A more conventional developer could could sell at ~$970psf or $900k.

Home relocation and deconstruction are both better than demolition, and both better than doubling down on exclusionary zoning. Home Relocation: www.renewaldevelopment.ca