I had a great stay at Paul and Ina's place, thanks for everything! They are very nice hosts, friendly and always helpful, but never intruding. They take the guest's concern serious if there are any issues with the place and take immediate action to fix it. The place was clean and as described online. They even put some soda, water and small breakfast snacks in the fridge, so that you have something to eat on your first morning. Supermarkets are within walking distance as well as restaurants, coffee places and a launderette. Wi-fi is free, and it worked fine for me.
The apartment can easily be reached by public transport, there is a bus stop just a couple of minute's walk from the house, which is served by two bus routes that take you to either High Park or Dundas West subway stations, and from there it's a 15 minute's journey to downtown Toronto. There are also buses running at night time, so it's no problem to get back home if you want to stay in downtown till late. Weekly travel pass costs 37.50, and you can travel on buses, trams and subway as much as you like, so it's really easy to use public transport (and if you really want to explore Toronto you will need it anyway, because not all attractions or shopping places are in downtown or within walking distance from each other).
Of course, if you're one of the lucky people that swim in money, feel free to check in to any of the overpriced downtown hotels for your 8 hours sleep. But, if you don't want to kill your travel budget, and rather get a week's stay at a place that has everything you need for the same money one of the fancy downtown hotels charge per night, then this is your place! :)