At $160 a night (July) in downtown Toronto the price was reasonable. Good location, close to transit and right on Yonge. If its your first time in toronto I'd recommend a trendier neighbourhood, for semi-regulars or those touring all around TO its fine.
Restaurant, coffee shop and indoor pool, and the rooms are a decent size. My son found the bed uncomfortable, but he likes to sleep on the couch at home, so what does he know ;) I thought it was fine.
The staff don't seem all that friendly; they never say hello and rarely smile back, but they weren't outright rude or anything.
Well worth the money, would stay again.