Taiga’s place is right in the heart of the grassmarket with cafes literally outside the door (highly recommend Quinn’s). The view of the castle is very cool; Short walk to plenty of restaurants, pubs, shops and live music. Saturday morning market was a special treat. The only downside is noise from pubs and street. If you are a light sleeper this could be an issue. Others have mentioned the stair climb to get in which didn’t bother us but is good to consider. It is walkable to the Waverly train station if you’re ok with some hills.