I'v been hearing that this course is online and everything from a few different people, some ppl from this summer school. Is this course really based online in the term next year? Cuz the course listing says it has a room and days of classes and what not.

i think its only online during the summer

If you look up bio 2B03 in the summer term on the master timetable, it specifies that it's online and explains the format. If you don't see a similar explanation on the entry for the fall/winter term, I'd assume it won't be offered online then.