Anyone who knows the area (that's the King Street of Spadina Av, not the King Street near Pelmo Park) that can recommend me a decent hotel in a 15 minute walk radius of the entertainment district?
I have a few friends who are going to attend the TIFF this year (they actually brought in a movie to the festival) and they are having trouble booking hotel rooms nearby that aren't asking them for an arm and a leg. They've been asked as much as 400 Euros (570 CAD) a night! Alternative lodging facilities would do too, as long as they aren't too shady.
I know Toronto fairly well, but have never payed attention to hotels in the area.