This place is good AND cheap, but don't expect the greatest service. Nothing against the staff, there just aren't enough people working.
We were exploring the neighborhood of "Bloordale" and just happened upon a place that looked welcoming and popular. Crowded with hipsters, we figured Nazareth was worth a shot. We walked in and found two seats at the bar (good move, we would have waited a while for them to clear off a table and seat us).
Despite the lack of welcome, we stayed and read the Yelp reviews (warning us of the slow service).
The food is delicious though. And Cheap! We ordered the lamb tibs to share and it was 9 bucks and came with greek salad! The lamb was tender and succulent.
Someone else pointed out that you can get two beers and a dinner for $15. That's pretty accurate. The two of us split the one entree and it was more than enough. The waitress even offered to wrap it for us!
My only negative isn't the service, but more the speed. We had read the reviews and were prepared. Just as long as you know it'll take a while, order a beer (or two) and enjoy the delicious food.