While this rental served the purposes of my 1 week business trip, I did find that there were a few disappointing issues. With that said, after talking to a few friends, most of my concerns below are inline with nearly ALL basement apartment rentals in Toronto not just this rental. The hosts were incredibly friendly and available, and this review is solely based on the space itself in order to offer full transparency of my own experience.
1) This is a basement apartment that has a ceiling height of no more than 6.5ft with 1 window.
2) There is a lot of upstairs noise in the mornings.
3) Overnight parking is by permit only overnight so if you have a vehicle, there is no way to get around paying for parking and purchasing a pass from the city through the hosts.
Again, super friendly hosts and good location, but a few things I probably should have taken note of when reading the original listing and other reviews.