Friends and I (8 of us total) are flying into toronto on a friday evening, arriving around rush hour, and trying to find a convenient way to get to our hotel. The hotel is near church street and the university of toronto

Is there some sort of way to rent out a supershuttle type van or hire a limo that wouldn't bust the bank?
or is the subway a better way to go (in addition to being a large group, we're also cheap)

Or is it better to pile into 2 cabs and not worry about other arrangements?