I am not persuaded that the streetcar right of way needs to be separated from the pedestrian areas. I had the delightful experience of living for a number of months in a village near Montpellier, France, a lovely city which boasts a well used 58 km tramway. The trams are about the size of the double streetcars in the Toronto system. The Tram routes pass through the central plaza of the old city, the Place de la Comédie, or L’Oeuf, as it is better known. Nothing separates the pedestrian areas from the tram tracks in the plaza. There are a host of restaurants and cafes in La Place, with large patios, a carousel for the children and extensive open spaces. (They are not great restaurants, by the way, but the ambience is wonderful. For great eating look elsewhere in the city.) The trams pass through the area at the pace of a fast jog and pedestrians, even somewhat tipsy ones, seem to have no trouble avoiding them. I think the key may be that there is no vehicular traffic aside from necessary deliveries and services. Pedestrians and streetcars can coexist quite well, in my experience.
Humber Bay Shores will not feature the gorgeous mid rise stone buildings that surround L’Oeuf, nor the warm Mediterranean climate, but in my dreams I am sitting on the patio of a cafe in the newly developed Christie Lands, enjoying,say, a Blanquette de Veau, while both pedestrians and TTC streetcars pass through the plaza or whatever it is called.
Please excuse this blatant example of francophiliac nostalgia, but honestly, pedestrians and streetcars can easily coexist.