I am an academic with US citizenship and have been hired to work in Toronto. I have several questions about relocating.

1. I do not yet have a place. Does anyone have any recommendations? I would like to be in walking distance of the University of Toronto. I have looked on craigslist a bit, but am unsure of which neighborhoods and streets are in good proximity.

2. All of my money is in US$. When I find a place, will landlords take a deposit in US$'s?

3. Does anyone have any recommendations on which bank to use, particularly one with branches in the Northeastern US?