Desmond & Beatrice was recently recommended by Toronto Life, and for good reason. This place is as good as it gets for Cupcakes in Toronto.
Some of the stand outs are the Pumpkin Spice, Blueberry Lemon, Spicy Carrot, Red Velvet, and Caramel Toffee cupcakes.
On a side note, if you're going to give this place a poor review because it costs a little over $2 for a cupcake, then go pick up a pack of the oil and chemical additive "cupcakes" from your local grocery superstore, those are cheap.