Toronto turned its back on its waterways for most of its history. Huge strides have been made turning industrial land into a place for people but there's tons more work to be done. Some bits are much better than others too. The East Bayfront will be great when it's finished as will the Portlands.
That said, I'm disappointed with what they built on Queens Quay West. It's a huge improvement over what existed before but the road itself is a chaotic mess. There are just too many modes of transportation to accommodate. Cars traveling in 2 directions, dedicated streetcars in both directions, and a bike path in 2 directions just to get from one side of the street to the other. They're trying to cram way many things into a tight space. Hopefully the rest looks more like the East Bayfront.
East Bayfront
Courtesy of Azure Magazine