We chose to stay here for four days, and it was really one of the best places we could have opted for in Riga. Centrally located, just 10 minutes walk from the bus station and 15 from the train station. The hostel has several floors, and we were in a room for 3, with a shared bathroom. The breakfast was great, with different types of bread, cereals, juices, coffees, jams, cheeses ... and it's served until 12! They have two computers with internet all the time, and a small library with maps and other information about Riga and the surrounding area. I don't remember the price exactly, but I know it was pretty cheap (we went in summer 2010).