It would be nicer for on street, no doubt. But, you can do on street with high platforms - just need to be more creative with the design.
You would need to buy more of course, but less than low floor, since you can pool your spare trains with the existing fleet. You cannot do that if the trains cannot all run on the entire network.
There is a LOT of extra room at Oliver Bowen where you could put storage tracks and expand the building, at least for a phased fleet expansion.
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You can see how much more efficiently the land is used for the massive LRT line in West Toronto for the Eglinton Line, which is going to need well over 100 30 meter LRVs once it has been extended west.
A new track connection should *not* cost 1 billion dollars? It doesn't even need to be double track. You also do save money because as pointed out above CT has a substantial amount of land already. Maybe you still need to build a yard, but it could be far smaller.
What is meant by different technologies is just that, you listed three high floor LRVs (the same technology), a different technology has different technical standards etc.