Yesterday I was walking through the Grange Park neighbourhood (just east of Spadina, south of College and north of Queens). The location is ideal (proximity to U of T, AGO, Queen West, downtown, etc), but many of the houses are ramshackle. I know that there is a lot of affordable student housing (student ghetto) in this hood, and also lots of Chinese immigrants. Does anyone know why property owners in this hood have not sold? Perhaps there hasn't been enough demand? Is someone buying up property here and letting it weather hoping to do a large development later? I know there are a few nice homes here and there, but there are so many that are wasting away. I'd love the opportunity to purchase something because its great location for me.