Megabus is currently offering on some of their routes, and some of their departures, tickets for $1USD each way. You get free wifi, free movies, and electrical outlets. Many of the seats offered are only for one. Put in a second person and the $1 deal is gone. You need to book this on the US Megabus website by clicking here. Cities from Toronto include:
New York City
Flying out of BUF one way and back through Toronto? This is a great option. While it's an appealing price, know these routes are milk runs, so NYC takes 12 hours. Yikes!
Book fast before their gone!