Found Hanabusa Cafe through a Yelp search sitting at Burger's Priest so it was a quick walk to get there (located in Japantown). These pancakes were unlike any pancake I've ever had, they are soufflé pancakes and are so soft and fluffy. Since we had just had lunch, my boyfriend and I decided to share the Creme brûlée (with custard) and it was absolutely delicious.
One con to the place is that it gets very packed (but I guess this is not their fault, they are just that good); however, they do a good job at letting you know that unless you're taking to-go, you will need to wait and they get you seated in order as soon as possible.
The other con was the water. They do not sell bottled water, only coffees, teas, etc. They do offer tap water though so if you don't want tap, you should bring your own.
If I'm ever in Toronto again, I would definitely return to Hanabusa!!