Toronto's Hotel Le Germain: awesome. My favorite North American hotel. It's a more mellow, spacious, considerate version of NY's SoHo Grand, at Hyatt prices. CAD $230 included a sweet room, incredible shower, simple but good breakfast, and blazing WiFi. It's downtown, easy walk to CN Tower and Queen Street. The great service here was a perfect start to a really enjoyable couple days in Toronto.
The only potential drawback: it's definitely a Wallpaper style hotel; if you're more into classic / historical (a category I prefer to think of as "shitty water pressure"), then this place is not for you.