Are you in a hurry?
Here is a quick list of Cheap Hotels in Toronto, selected based on their rating
| Name of hotel | Accommodation Rating | Price, $ | |
| Kaisar Guest House |
6.7 / 10 (7 Reviews) |
From 103$ | |
| Bond Place Hotel |
7.7 / 10 (1617 Reviews) |
From 73$ | |
| The Rex Hotel Jazz & Blues Bar |
8.0 / 10 (1385 Reviews) |
From 96$ | |
| Dragon Gate Inn |
6.1 / 10 (829 Reviews) |
From 60$ | |
| Royal Oak Inn |
6.1 / 10 (1081 Reviews) |
From 53$ |
Toronto, Canada, is a vibrant metropolis that offers a rich tapestry of culture, history, and entertainment. However, for budget-conscious travelers, the notion of experiencing this dynamic city might seem daunting, especially when it comes to accommodation. Fear not! This guide showcases our top recommendations for affordable lodgings in Toronto, allowing you to explore this remarkable destination without breaking the bank. Whether you’re captivated by its stunning skyline, diverse neighborhoods, or world-class attractions, there’s no need to overspend on your stay.
Finding budget-friendly accommodations in popular cities like Toronto requires a bit of savvy and know-how. With a plethora of options available, from cozy inns to economical hostels, it’s entirely possible to secure a comfortable spot that aligns with your financial plan. The key is to strike a balance between affordability and convenience, ensuring that you can easily navigate the city's many gems while enjoying a restful retreat at the end of the day.
This vibrant Canadian city is bursting with opportunities for exploration, from the iconic CN Tower to the bustling Distillery District, where history meets contemporary flair. With the right lodging, you’ll have the ideal base to set out for thrilling adventures and local discoveries. As we dig into our curated list of the best budget hotels and inns, you’ll see that stretching your dollar doesn’t mean sacrificing quality or comfort.
Join us as we uncover the best affordable spots in Toronto that allow you to immerse yourself in the local culture, enjoy delicious cuisine, and experience all that this exciting urban landscape has to offer. By planning wisely and choosing the right place to lay your head each night, you can focus on creating unforgettable memories in this captivating city without the stress of overspending.
Best Affordable Hotels in Toronto
View all photos
Kaisar Guest House
From 103$
The 2-star Kaisar Guest House Toronto is located a mere 1.9 km from the large Art Gallery of Ontario and offers a storage for belongings. This budget guest house provides Wi-Fi throughout the property.
The hotel boasts a central location in Toronto, a short distance from Spadina underground station. The public Trinity Bellwoods Park in Toronto is 16 minutes' stroll from the accommodation.
St. Lawrence Market is 2.6 km away, and Toronto Union is situated 2.9 km from the property.
The rooms at Kaisar Toronto have a seating area, along with ironing facilities and an air conditioner for your convenience. Guests will make use of hair dryers and bath sheets in bathrooms equipped with a separate toilet and a shower.
View all photos
Bond Place Hotel
From 73$
CF Toronto Eaton Centre is only 7 minutes on foot from the 3-star Bond Place Hotel Toronto, which boasts 24-hour front desk assistance and wake-up service. Located in the centre of a theatre area, the budget hotel is centrally situated within close proximity of Ontario Legislative Building.
This Toronto hotel is nestled just a few steps from the theatre district of Toronto and a short walk to the mackenzie Mac Kenzie House Historic. Also, Ripley's Aquarium of Canada is within a 2-km distance of the modern Bond Place Toronto.
Nature lovers will appreciate the proximity to Devonian Pond, which is merely 550 metres away. Bond Place Hotel is situated within walking distance of the grand 18th - century Casa Loma Castle, and Toronto Coach Terminal - Elizabeth Terminal bus station lies a mere 0.6 km away.
Some of the 285 air-conditioned rooms at the designer property are furnished with a sofa set and a study desk, and appointed with a mini fridge bar and a coffeemaker. A flat-screen TV with satellite channels, as well as comforts as an ironing set and air conditioning are also featured. Bathrooms come with a separate toilet and a shower, along with a hairdryer and bath sheets. Guests can also enjoy views of the city. hotel features a suite with a separate bedroom including extra-long beds.
Good Cheap hotels in Toronto
Toronto offers a variety of budget-friendly accommodations that provide excellent value without compromising on comfort. These good cheap hotels cater to a diverse range of travelers, from families to solo adventurers, ensuring an affordable stay without skimping on essential services. With strategically located options throughout the city, guests can enjoy easy access to public transportation and popular attractions, making it convenient to explore the vibrant surroundings while sticking to a budget. Whether you prefer a cozy atmosphere or a more modern vibe, there is something for everyone, allowing visitors to experience the city without breaking the bank.
View all photos
The Rex Hotel Jazz & Blues Bar
From 96$
Comprising 29 rooms, The Rex Hotel Jazz & Blues Bar Toronto is near a beach district, 19 minutes' walk from Harbourfront Centre Cultural Center. Located a few minutes' drive from CF Toronto Eaton Centre, this 2-star hotel overlooks the city and features a shared lounge and various recreational opportunities.
The hotel boasts a central location within a 300-metre distance of Osgoode underground station and 150 metres from Osgoode Hall. Art Gallery of Ontario is within walking distance of The Rex Toronto, and Rogers Centre is a mere 1.5 km away.
The rooms at Rex Hotel Jazz & Blues Bar include blackout drapes, individual climate control, and central heating. Some of them comprise a lounge area and a kitchen, furnished with a writing desk. Along with a mini fridge bar and coffee/tea making machines, they also have wireless internet and a satellite television to keep you entertained.
View all photos
Holiday Inn Toronto - Yorkdale
From 140$
The 3-star Holiday Inn Toronto - Yorkdale, located nearly 25 minutes on foot from Baycrest Arena, boasts an indoor swimming pool and a fitness club.
You'll need 24-minute drive to Billy Bishop Toronto City airport. Also, Rinx-Where Everyone Plays is situated only 1.8 km from the romantic inn.
Yorkdale Shopping Centre lies about a 5-minute ride away, and Wilson is a few minutes' drive from this Toronto hotel.
Holiday Inn Toronto - Yorkdale features 370 rooms with a flat-screen TV with satellite channels, as well as coffee/tea making equipment. Bathrooms include a bathtub, a walk-in shower, and a separate toilet, along with hair dryers and bath sheets.
Cheap Hotels in Downtown Toronto
Finding affordable lodging in downtown Toronto can be a rewarding experience for travelers seeking to explore the vibrant urban landscape without straining their budget. Many economical options are conveniently located, offering easy access to popular attractions, dining, and entertainment. Visitors can enjoy the dynamic atmosphere while benefiting from the competitive pricing available in the area. With a variety of accommodation types available, whether in boutique settings or more straightforward establishments, guests can tailor their stay to fit their financial needs while still enjoying a taste of city life.
View all photos
Dragon Gate Inn
From 60$
Situated approximately 20 minutes' walk from Queen Street West, the 3-star Dragon Gate Inn Toronto features Wi-Fi throughout the property, and private parking on site. The inn, located within a stone's throw of Kensington Market, is also at a proximity to #Hashtag Gallery.
The hotel is nestled in the very heart of Toronto, 3.2 km from Toronto Union train station. You'll find popular attractions such as Medieval Times Dinner & Tournament around 25 minutes' walk away.
There are restaurants and bars in the area a short stroll from the property. Dragon Gate Inn is 2.4 km from Rogers Centre.
Offering a flat-screen TV with satellite channels, the 39 rooms come with an iron and an air conditioner to ensure a comfortable stay. Bathroom facilities include a bathtub, a separate toilet, and a shower, as well as comforts such as hair dryers and complimentary toiletries.
Hotels in Toronto
| Best mid-range Hotel 🌴 | Kaisar Guest House |
| Top Service Hotel 🛁 | Bond Place Hotel |
| Hotel with a view 🔍 | The Rex Hotel Jazz & Blues Bar |
View all photos
Royal Oak Inn
From 53$
At the 2-star Royal Oak Inn Toronto, you can stay close to Allan Gardens Conservatory, situated only a 5-minute walk away, while there are also a 24-hour front desk and wake-up service. The smoke-free hotel is 2.4 km from Toronto Union train station and merely 250 metres from Moss Park Arena.
The multi - purpose stadium "Rogers Centre" is located 2.6 km away, and CN Tower is within 25 minutes' walk of this Toronto hotel. The Royal Oak Inn Toronto stands relatively close to Dundas tube station.
Nature lovers will appreciate the proximity to Devonian Pond, which is just 1.1 km away. You can easily find St. Lawrence Market 16 minutes on foot from Royal Oak Inn.
This Toronto property welcomes guests to 28 rooms fitted with air conditioning as well as a flat-screen TV with satellite channels and a radio. A tub, a separate toilet, and a shower, along with hair dryers and bath sheets, are also included in the bathrooms.
Cheap Hotels in Toronto with Free Parking
Finding affordable accommodation in Toronto that offers free parking can be a game-changer for travelers seeking to manage their budget while exploring the city. Many economical options cater to those looking to save on both lodging and parking fees, allowing guests to enjoy the convenience of accessing their vehicles without the added cost. These budget-friendly hotels can be ideal for families or individuals traveling by car, providing a practical solution for navigating the city's attractions. With careful research, visitors can discover reliable options that combine affordability with the benefit of complimentary parking, making their stay more economical and stress-free.
View all photos
Holiday Inn Toronto Airport East By Ihg
From 87$
Situated just 6 minutes' walk from Toronto Congress Center, the 3-star Holiday Inn Toronto Airport East By Ihg offers modern rooms with Wi-Fi throughout the property. This Toronto inn, located 4.1 km from the indoor Fantasy Fair Amusement Park, features a convenience store and a lobby area.
The smoke-free property has a central setting around 10 minutes' drive from Casino Woodbine. First Canadian Place is 4.7 km from the hotel, while Pearson airport is 10 km from it.
The accommodation is also nestled near parks.
The rooms comprise a seating area complete with an iron and ironing board, and climate control, as well as a flat-screen TV with satellite channels and a radio. A tub, a separate toilet, and a shower, along with hair dryers and shower caps, are provided. Guests can enjoy views of the city from this Toronto hotel.
View all photos
Willowdale Hotel Toronto North York
From 93$
Located 6 km from Edwards Gardens, Willowdale Hotel Toronto North York includes 13 rooms with views of the garden. hotel features both Wi-Fi throughout the property and a car park on site.
The accommodation is perfectly situated a short distance from the shopping mall "Bayview Village Park". Glendora Park is 9 minutes' walk from this 3-star hotel, and Canadian Air and Space Museum is 15 minutes away by car.
Also, the property provides access to sports attractions such as Mel Lastman Square, which is 1.3 km away.
This accommodation offers rooms with a dressing room and a mini-kitchen featuring an iron and ironing board, and an air conditioner, along with a flat-screen TV with satellite channels and a radio. Bathrooms are fitted with a bath, a walk-in shower, and a separate toilet as well as complimentary toiletries and dressing gowns.
Family Cheap Hotels in Toronto
When planning a family trip to Toronto, finding affordable accommodations that cater to the needs of both parents and children can significantly enhance the overall experience. These budget-friendly options often provide spacious rooms and convenient locations, making it easier for families to access popular attractions and local eateries. With various options available, families can enjoy comfortable stays without stretching their finances, allowing for more funds to be allocated to activities and outings. Prioritizing affordability and convenience ensures that families can create lasting memories while exploring the vibrant surroundings, all while enjoying the comforts of a home away from home.
Pet-Friendly Cheap Hotels in Toronto
Finding affordable, pet-friendly accommodations can enhance the travel experience for both you and your furry companion. Many budget-friendly hotels offer welcoming environments where pets are accepted, allowing you to explore new destinations without the worry of leaving your pet behind. These options often prioritize convenience and comfort, making it easier for you to enjoy your stay while keeping your pet close. Whether you’re seeking a cozy atmosphere or a central location, there is a range of economical choices that make it simple to travel with your animal friend, ensuring both of you have a pleasant and memorable getaway.
Cheap Weekly Hotels in Toronto
Cheap weekly hotels in Toronto offer budget-conscious travelers an affordable and convenient lodging option, providing a cost-effective solution for extended stays. These accommodations typically feature flexible booking arrangements that cater to long-term visitors, whether they are in the city for work, relocation, or leisure. Guests can often find simple, no-frills environments that prioritize comfort and accessibility without the high price tag associated with more upscale options. With a variety of locations available, these weekly hotels can serve as a practical base for exploring local attractions and amenities while ensuring affordability and value for money.