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My question might be, what tires do you intend to run during the winter months?
If you are stating your summer/all-season - then I'd yell and say NO.
Fine, Toronto might not get all that much snow/ice - but the safety of proper winter tires during those months would far outweigh the notion of selling them for me.
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Course you can always try downgrading the oem and hopefully profiting.
Meaning, sell your 17" oem + tires and purchase a 16" + tires set. Wouldn't give you all that much altogether, but you have ample time to find the right combination you'd like. Basically start looking on sites (here, nasico.com, toronto-subura-club.com, kijiji.ca) and deciding...
I'd always prefer to keep the two sets of tires separate as it makes it cheaper/quicker in the long run to change sets. And running 16" tires is cheaper for the rubber than 17"
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