That could be anywhere Toronto.
When I visited Melbourne I was amazed at how similar the two cities are. Especially out of the CBD. I agree with Osmo that Melbourne is what Toronto could be if it got its act together.
Toronto is a little bit bigger scale and higher density suburbs.
I also agree with you that Toronto lacks the green space and pedestrian only zones that Melbourne has established. Melbourne has a continuity that ties everything together seemlessly. So many little things that make a huge difference.
I heard that the Commonwealth Games initiated alot of urban renewal. Also, the Casino-Yarra river development. Is this true?