It sure didn't surprise me to see a 2-star hotel on Hotwire to be priced at over $100 a night, in high season as Montreal is one of the most exciting places to visit in Canada. Whether you're a fashionista, history buff, foodie, or whatever else piques your interest, this is a city that has something for everyone. The only thing that might turn you away, might be the extreme cold in wintertime.
What did surprise me, was seeing these apartments for rent! We stayed here twice during our trip (we went to Quebec City in between). We stayed here and here. We stayed on the 16th floor the first time, and on the 3rd floor the second time. The studio on the 16th floor obviously had a better view, but also had a kettle, and a lot of random cooking supplies and stuff like spices, S&P, etc. On the 3rd floor, our window looked onto the back of another apartment, so if you had to close the blinds or the curtains any time you wanted to change. Both units were equipped with (noisy) AC and a fan.
We also chose to rent an apartment rather than stay at a hotel, so that we could cook some of our own meals. We decided to try and have at least 1 or 2 meals a day at the apartment both to save money and to be healthy. Breakfast was usually the meal we chose to have at the apartment. We usually had oatmeal and fruit to start the day. We were planning to have some very rich meals during our stay, so we planned out a few "clean" meals of fresh veggies. Marché Jean-Talon was a great place to buy all kinds of produce and cheeses. It's worth it to do a bit of research beforehand to see which shops carry things like locally made cheeses, meats, etc.
The location of the Ste. Famille Street apartments were great, as they were just minutes from Boulevard Saint Laurent, Saint Catherine and Saint Denis. It's a bit of hike to the Old Port and the Old Town of Montreal, but unless it's the dead of winter or during a thunderstorm, it makes for a pleasant walk through Chinatown. Some areas seem a bit rough on they way, but with all the tourists you see walking with you to the Old Port, it's not scary at all.
I wouldn't hesitate to stay here, or at one of the other apartments for any future trips to Montreal. I wouldn't recommend it if you are looking for a romantic trip, like, say a honeymoon.
They also do a B&B. We did not see the B&B but the breakfast smelled pretty good!