It sounds like you're all NL players. So far I'm sticking to limit because the variance is lower and you need less BR. In my limit sessions I've bought in for $100 and never yet needed to rebuy. Maybe I've been lucky or maybe I've been smart.
I don't agree that live limit is any more tight than online limit. On the weekends there's lots of fish who will go to showdown with junk hole cards--and regularly catch monsters on the river. Heck, I myself once beat villain's paired ace with a T3 offsuit two-pair, with the 3 coming on the river.
I've heard of poker clubs in Toronto and even had one recommended to me, but for now I'm commuting to Brantford, which is the only accessible limit cardroom for a Toronto guy who doesn't have a car. I usually catch the 12:30 pm Hamilton GO bus out of Union Station and then the 2 pm Greyhound from Hamilton to Brantford. Total cost is not prohibitive and the travel time is not too bad. The cardroom is a short 10-minute walk from the bus station. (I even emailed OLGC about commuting to Brantford Casino by intercity bus and got a note from the general manager of Brantford thanking me for the suggestion. ) Anyway, I usually play $2/$5 limit no-kill from 3 pm to 9 pm on Fridays, Saturdays and Sundays.
One thing I'm interested in knowing about is live play hygiene. The chips at Brantford are filthy and stick together. I go for a smoke without washing my hands and, as a result, I've ended up getting bronchitis. Are there any tips people can offer me on how to avoid getting sick once I go back?