This task would typically require some research to ensure the accuracy, however, due to the limitations, the AI doesn't have current access to the internet. Here is a tentative structure you could use:

Introduction to Toronto

Start the article by introducing Toronto. Discuss its geography, demographics, and unique characteristics—museums, art galleries, vibrant food scene, the CN Tower, etc. Include brief historical context about Toronto.

The Importance of Fire Hydrants in Toronto

Discuss why fire hydrants are important, especially in a densely populated city like Toronto. Discuss the role they play in the fire safety of the city, citing some fire incidents in which fire hydrants significantly mitigated the damage.

Regulation on Distance from Fire Hydrants in Toronto

Delve into the specific regulations about how far one must park from a fire hydrant in Toronto. According to the Toronto Municipal Code, all vehicles must park at least three meters away from a fire hydrant. Discuss why this regulation is significant and the rationale behind it.

Penalties for Non-compliance

Discuss the penalties for violating the regulation. Include data on the number of fines and penalties that have been dolled out over the past few years.

The Challenges of Compliance in an Urban Landscape

Discuss the challenges residents face in adhering to these regulations. This can include lack of parking spaces, inadequate marking or signs indicating the presence of a fire hydrant, etc.

Strategies for Compliance

Offer some strategies and tips for residents to ensure they are compliant with the rules about parking near fire hydrants. Summary and Conclusion: Wrap up your article by re-emphasizing the importance of fire hydrants in Toronto's safety and the significance of observing the regulations tied to them. Encourage residents to be more vigilant and compliant for the safety and wellbeing of the entire city. Note: To create a truly holistic and accurate article, it will be important to refer to the specific Ontario Highway Traffic Act and related parking bylaws of Toronto. The penalties for such violations would also need to be updated from the City of Toronto’s website.