Federico's place was just a described. A clean and tidy room with a shared (but split) balcony with a stunning view overlooking Taormina. The location is perfect, a quiet and leafy suburban area about a 10 minute walk away from the hustle and bustle of Taormina's central street. Federico is a charming and welcoming host and after a little mistake about the time of check (entirely my fault) we had a wonderful stay, he even allowed us to use his kitchen so we could cook a dinner and have it on the terrace. Wish we could have stayed longer.
P.S. A little tip - if you are arriving by car you CAN drive through the archway to the right as you approach from Viale S. Pancrazio (if you're using Google Maps) - I thought it was pedestrians only at first but it is actually a road, just be careful turning in as the corner is sharp.