I would recommend this place, especially if you want to spend a little less money or enjoy a slightly slower pace than areas closer to downtown.
This basement suite is clean, updated, quiet, and well maintained. It's in a great location: a short walk from cool shops, bakeries, and pubs, and there are always buses going by the front street.
The beds were comfortable too. I slept on what I assumed was an extra cot in the second bedroom, but I suffered no discomfort.
One tiny word of caution if you're taller than six feet: the ceilings are only seven feet high, and there's a bulkhead in the hallway and bedroom that you will bump your head on if you're not careful. Happened to me a couple of times.