trache
Below $100 is tough to find in Toronto... try searching on Expedia... Here are some relatively cheap suggestions... I would also say you should try searching for some Bed and Breakfasts. You can find really nice ones for well under $100:
Days Hotel and Conference Centre Toronto (From $105) - Just across from Maple Leaf Gardens
Ramada Hotel and Suites ($120 or so) - at Yonge and College
Bond Place Hotel ($106 or so) - on just south of Dundas behind City Hall
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