This was my first airbnb experience.
The host (we never met in person, had some email exchange) made me feel very welcome, provided more information then expected, organized the stay without space for any complaint (two different people for handover, both on time; extended directions what and where and how; immediate response on emails).
The neighborhood is as described and offers plenty options for entertainment, food and drinks; a larger grocery store and a liquor store (in walking distance -for a German-) has not even been mentioned.
The metro station right down the road, from the apartment to the International Airport in about 30 minutes (yes, I had a perfect connection, not one minute waiting) !
Do other people really live in the house ? Hard to believe, almost never saw someone, never heard anything. And the building is old enough that taking a shower or flushing the toilet would be appropriate to hear.
It is a hot summer in Toronto (at least during my stay). Be prepared for higher temperatures, also in the apartment. At the same time, some of the evenings I spent on the small outside porch - a great alternative and the WiFi works down there too.

The price I paid and the apartment have been a match.