A Wanda's waffle makes for a tasty treat. There are now at least two locations (at Yonge and Wellesley and at Yonge and Gerrard). The Yonge and Gerrard location (361 Yonge Street) has a small seating area. The smell is amazing - you know you are about to see a Wanda's location by the smell that you encounter way before you get there.
I like the street-food atmosphere - the storefront is basically right out on the sidewalk - you order through the window, pay, and your waffle gets passed back out to you when it's ready. I ate my waffle standing on Yonge Street while I people-watched.
I had a chocolate dip waffle, which was $3.99 plus tax. It is not really chocolate "dipped" - they actually pour chocolate sauce over the hot waffle before they give it to you. At first I worried they might be using Hershey's syrup, but the chocolate turned out to be better than that. The waffle was very hot, dense (as it should be), and crunchy on the outside.
Wanda's also serves waffles with ice cream or with fruit (or both), but next time I will forgo that and try one of the maple waffles that some previous reviewers have mentioned.