A friend of mine was in town and stayed here for a couple of nights. At approximately $250/night, it's not exactly cheap -- but you definitely get what you pay for, as this might be one of Toronto's premier hotels. The rooftop was definitely a highlight. We easily wiled away the hours, sipping raspberry caipirinhas and rooftop lemonades, before we realized we had places to be and people to see.
The room itself is pretty modern looking and spacious. The bathroom is excellent, features sliding doors that economize on space, and unlike Germaine, you have the option of blurring the shower window looking into the bedroom (pretty critical when you are using the shower, with an opposite sex friend in the bedroom area).