As a venue, great. The lobby downstairs is great for casual meetings, and the Rooftop is great an occasional night out. However, the food isn't good and really needs work. Best to just drink.
As a hotel however, the prices are simply outrageous. It's New York pricing, in Toronto, on the east end, when even the likes of the Drake Hotel (as a similar boutique hotel) charges significantly less.
From a value perspective, there's much better hotels to spend the money at in Toronto with much more to offer. It's just not good bang for your buck... and you're still not in the greatest neighbourhoods either.