In my personal opinion, this option is wonderful. Close to sky train station, friendly designed, and with great sofas and beds to get charged before going to work. Very reasonable discussions and flexibility in case of unexpected events. The area itself looks safe, no problems around the house and +/- 3 streets in both directions.
But I'd not recommend walking down Kingsway after 8 pm - it is much less safe there. Path towards 29th Avenue by Duchess Street is fine, no problems and worries about it.