>>2019993The 407 is a transponder tolled highway owned by a private company, so going the same distance would cost you approximately $20-25 each trip depending if you own a transponder or not. Like you mentioned the Gardiner is undergoing repairs so it periodically closes and creates traffic congestion.
It's generally the fastest east-west route in ideal conditions to cross the city and connects to every other major highway, the airport, and continues onwards towards Detroit in the West and Montreal in the East. There are several feeder commuter highways that feed directly into it in the GTA in a spoke shape.
For through traffic it's also the primary east-west corridor for hauling goods long-distance across that corridor. There is also a very high concentration of warehouses in Mississauga and Brampton (West end of the stretch) around the airport which are the foundation for a lot of Ontario's regional supply chain and logistics networks. If I had to guess the only one that could be bigger in the country would be the area around the port of Montreal.
About half of Canada's population lives along the entire length it and would use it regularly (once a year or more).