Although we (2 parents, 2 kids ages 10 and 11) had initially thought we would stay downtown for our Toronto adventure, we are so glad we stayed here! Queen Street is very walkable and has many interesting shops, restaurants (the Delhi Bistro, for one, was delicious), and Ed's Real Scoop for ice cream! We did this holiday by public transit and it was no problem. The bus stop is about a block and half away and will take you straight to the subway. From there you can go anywhere...however it is also an equally good idea to go nowhere but down to the lovely nearby beach!
As for the property itself, it is just as other reviews have described it - clean, well supplied, beautifully furnished, comfortable, and on a quiet side street. Slav and Stephanie are exceptionally hospitable and accommodating. We have truly had a memorable visit to Toronto and would both stay here again and recommend it to others.