I believe the estimate for the 5km extension of the B-D to STC is well over a Billion (probably closer to 2). (I wish subway construction was $100M/km as you indicate). Your Sheppard cost is significantly inflated or includes about 6km in North York - almost the same as will be in Scarborough.
Last edited by BurlOak; 2012-Mar-10 at 12:05.
I did this for someone and it was very quickly done, but it shows what each taxpayer is going to have to paid for subways yearly.
If people want all these white elephants subways for the next 50 years or so, before or if they meet the standards for one in the first place, lets look at what is wanted or needed as well the cost of them.
Sheppard line to STC $4b to build and $20m/yr in operation lost.
Sheppard Line to Downsview $2.5B to built and $3m/yr in operation lost.
Sheppard Y interchange with the Spadina line, $800-$1b
BD line to STC $2B with operation cost been recovery 100% if not more.
Yonge Line to RHC as plan, $6B with another possibility of $1-$2b for extra trackage to get to an area for a new yard. Operation cost recovery up to Steeles with a lost about $5-$10m/yr north of it to RHC.
BD line to Sherway and then to Dixie Rd in Mississauga, $5B with a lost of $8m/yr.
To take the BD line from Dixie to Sq One Centre in Mississauga $6B including a yard and a lost of $8m/yr
To build the DRL as a U to Sheppard along Queen St $12B with a lost of $5-$10m/yr, but will see full recovery within 10 years of operation.
To Built the Finch line $8-$10B with a small yard and will see a lost at about $5m/yr.
The total is about $59B with a lost of about $63m/yr in operation cost.
If there is 2m households and spreading the cost of building over 30 years, it works out to be $984/yr plus the interest to borrow the money. To cover the operation cost lost, that another $32/yr.
What is still needed to be added to this cost is the rolling stock, labour and upkeep.
Therefore, I would say if some of the 905 is picking up the cost of the lines in their area, the 416/Toronto residents are looking at a tax bill about $1,000/yr for the rest of their lives.
That's no small tax.
If you drive into Toronto regardless if you are a Toronto resident, $5. If you go to the core it will be $10. No fee if you are bypassing the city using the 427, 401, 407 and the 400.
Doing this, you would generate about $1m to the core and about the same for rest of the city for a tune of $2m/day. You could generate close to $350m a year doing this.
What evil is the best one?
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Your calculations show that if Scarborough residents want a subway to Scarborough Town Centre, the best option is to extend the Bloor line there instead of the Sheppard. If we had the proper funding, that should have been done.
I agree that almost $400M / km seems a bit high. I accept that the $2B estimate that I have seen floating around may not be accurate, but I am not sure if there is an "offical" estimate somewhere.
My rationale is that everyone is footing the bill for the 'base level' transit, but if people want gravy, they should pay for it.
Made worse by the fact that the SRT trains are too small and not only has an unnecessary transfer but the most pain in the ass one.