A great budget option when Toronto prices were high as long as you are aware what you are booking.
During the school year it is a student residence so the furnishings are basic, no tv for example. But I found the bed comfortable, no issues with the wifi, lots of hot water with great water pressure, and I never heard a noise.
It is in a really convenient location, close to the subway, restaurants and shopping.
And a great breakfast. I would happily book again.