"Such “transit oriented development,” (TOD) according to experts, could take some of the edge off prices in hot markets, ... . This approach could also decant some of the population growth, which has pooled in high-growth zones, such as King West or Yonge and Eglinton."
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No, whoever wrote this does not understand the realities of transit networks.
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Any kind of network system increases the value at all points on the network as a function of the destination combinations made possible by the network, and, roughly, the percentage of the community that is served by that network.  
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This is why the oil companies do not want transit lines - and particularly not dedicated right-of-way transit lines - to link up.  That is what the political fight was about in Brampton.
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That is why the Oil Company Party backs wasting $5 b on one subway stop in Scarborough (which actually reduces transit pair combinations), but will fight to the death to prevent the DRL from being funded.