Cheapest hotels in Toronto

Finding lodging in Toronto is one area where saving money on travel doesn’t have to mean sacrificing comfort and convenience. Travellers on a tight budget will find plenty of pleasant and reasonably priced hotel alternatives in the vibrant metropolis. Staying at one of Toronto’s affordable hotels may be fun and economical, whether you’re taking in the city’s renowned landmarks, exploring the dynamic districts, or taking in the rich cultural offerings. We’ll look at some of the cheapest hotels in Toronto in this piece, which strike a mix between value and an amazing stay.

9 Cheapest Hotels in Toronto Where You Can Get More with Less

Statista estimates that a hotel room in Toronto typically costs $412 per night. However, the hotels on our list provide amazing experiences for no more than $200 a night.

1. Novotel Toronto Centre

Located in Toronto at 45 The Esplanade, the Novotel Toronto Centre is a 3.5-star hotel with a range of services. These consist of a fitness facility, free WiFi, air conditioning, an indoor pool, and a front desk staffed around the clock. The hotel has a restaurant, a bar and on-site parking. It also welcomes pets.

The well-appointed rooms come equipped with a coffee maker, a mini-bar, a flat-screen TV, and large windows. For extra comfort, certain rooms also have a couch bed and a separate living area.

The hotel’s on-site restaurant, Cafe Nicole, serves a wide variety of foreign dishes. The Stage Door Lounge serves delicious beverages to its patrons. The Novotel Toronto Centre is one of the cheapest hotels in Toronto, with rates starting at about $135 per night. Although the price for a night’s stay fluctuates, it is typically regarded as an excellent value.

2. Bond Place Hotel

The 3.5-star Bond Place Hotel, which is located in Toronto’s University District, has 285 modern rooms and suites with a lively atmosphere. The hotel offers free Wi-Fi, a 24-hour fitness facility, and an on-site restaurant, among other conveniences. It is a great place to explore the city because of its advantageous location close to popular attractions like the Rogers Centre and the CN Tower.

For tourists on a tight budget, the Bond Place Hotel presents a cost-effective choice, with basic accommodation prices beginning at $118 per night. A refrigerator is provided in each room, and some of the apartments provide views of the city. The on-site restaurant offers a wide variety of cuisine, and the bar is a great place for guests to relax with a drink. All things considered, the Bond Place Hotel is a great option for anyone looking for reasonably priced lodging in a convenient part of Toronto.

3. Hotel Carlingview Toronto Airport

Hotel Carlingview Toronto Airport may be a good option if you plan to arrive in Toronto and need to catch a quick flight. It’s a lodging alternative that’s good for business. It offers free airport transportation, on-site parking, and a front desk staffed around the clock, among other conveniences.

Standard accommodation rates at this conveniently located hotel, which is close to the Toronto Congress Centre and Woodbine Racecourse, range from $89 to $97 per night. It is therefore well-known for being close to the airport and having affordable prices. During a guest’s visit, the hotel offers free Wi-Fi, large rooms, and a complimentary breakfast.

4. Toronto Don Valley Hotel and Suites

The Toronto Don Valley Hotel and Suites is a must-see when in the North York neighbourhood of Toronto. It is among the cheapest hotels in Toronto. a 3.5-star hotel with a range of features, such as free Wi-Fi, an outdoor pool, and a fitness centre. With the Ontario Science Centre and the Toronto Zoo just a short distance away, the hotel’s prime location makes it easy to explore the city.

Travellers on a tight budget will find the Toronto Don Valley Hotel and Suites to be a cost-effective option, with basic accommodation rates beginning at $113 per night. The modern furnishings in the rooms include a coffee maker, a mini-fridge, and a flat-screen TV. The hotel also has a bistro and cafe on the premises that provide a selection of meals.

5. Royal Oak Inn

Located in Toronto, Ontario, the modest Royal Oak Inn is a motel with warm rooms that come with microwaves and minifridges in some cases, as well as a welcoming outdoor pool. Travellers looking for affordable lodging can find the hotel to be a cost-effective choice, as rooms typically cost around $141 per night. Although the property’s amenities are basic (free WiFi, for example), its downtown location makes city exploring more useful. Finding a good balance between price and a convenient location makes the Royal Oak Inn an excellent option for travellers looking for a cheap place to stay in Toronto.

6. Chelsea Hotel

A relaxed overnight choice with a casual vibe is the Chelsea Hotel. It has a relaxed restaurant, a gym, saunas, and an indoor pool on the 27th level. The hotel, which is located in Toronto, Canada at 33 Gerrard Street West, has a wide range of services, such as three swimming pools, family rooms, non-smoking rooms, free WiFi, on-site dining, a fitness centre, room service, a 24-hour front desk and a bar. As a result, it is not just among the cheapest hotels in Toronto, but also among its cosiest.

The hotel’s culinary options include the Market Garden restaurant, Elm Street Bar & Lounge, and a wine and espresso bar. The hotel offers amenities and activities that are suitable for families. It is therefore made to accommodate a wide variety of visitors. The hotel regularly offers special packages and discounted rates, such as the 2-for-1 Breakfast Package and discounted room rates for CARP members, in addition to its ordinary accommodation rates.

When they book seven days in advance, they can save up to 20%. Notably, the hotel offers affordability and comfort to patients undergoing medical procedures. Therefore, it’s a great option for anyone looking to experience the thrill and variety of Toronto, the most visited city in Canada.

7. Gladstone House

This motel is located in the West Queen West area of Toronto. The Gladstone House is a stylish and dynamic boutique hotel set within a Victorian-style structure. The hotel offers a unique experience with its 55 artist-designed guest rooms, each radiating unique decor that reflects the property’s distinct ambience. Many facilities are available at the Gladstone House, such as free coffee in the morning, karaoke nights on Fridays and Saturdays at the Melody Bar, bistro-style food served all day at the Gladstone House Bistro & Bar, a fitness centre, a front desk staffed around-the-clock, private parking (for a surcharge), free Wi-Fi, non-smoking rooms, a lift, and daily housekeeping.

The Gladstone House, which is well situated in the centre of the city’s art and design sector and has a lot of shops, eateries, and cafes close by, makes a great starting point for exploring the energetic neighbourhood. The hotel’s own social and cultural environment, which includes three on-site art galleries, adds to its appeal. The Gladstone House provides a boutique experience by skillfully blending a distinctive mix of old-world charm and contemporary elegance. Although regular room prices vary, they are typically thought to offer great value for the money, with nightly rates beginning at about $130.

8. The Rex Hotel

The Rex Hotel is a name used by a number of distinct establishments in various locations. But this one is situated right in the centre of Toronto, Canada’s city. The Rex Hotel Jazz & Blues Bar is a unique and legendary place to stay. The hotel is surrounded by a dynamic array of shops, restaurants, and entertainment due to its location on the popular Queen Street West. The Rex Hotel offers a distinctive experience with a variety of services, such as free Wi-Fi, an on-site restaurant, and live music every night.

The hotel is one of the cheapest hotels in Toronto, yet its contemporary rooms still provide complimentary Wi-Fi, air conditioning, and a flat-screen TV. The Rextaurant, the on-site eatery, offers regional and American fare for breakfast, lunch, dinner, and cocktail hour every day of the week. Popular destinations including the Toronto Eaton Centre, the Art Gallery of Ontario, and the Canadian Opera Company are all easily accessible by foot from the hotel thanks to its excellent location.

The Rex Hotel Jazz & Blues Bar is well known for providing great value for the money, with typical accommodation rates that start at about $95 per night and fluctuate. Famous for its exciting live music scene, friendly staff, and ideal location, the hotel has grown to be a favourite among visitors looking for something unique and exciting to do in Toronto.

9. Courtyard Marriott Toronto

Situated on Yonge Street, the Courtyard Marriott Toronto Downtown is a modern and luxurious hotel. It is in a fantastic downtown location and provides a plethora of amenities. Its sleek work desks, huge windows, mini-fridges, comfy reading seats, and free Wi-Fi ensure a comfortable stay in its modern, stylish rooms.

The Bistro, the on-site restaurant, offers a wide selection of food and drink options. Consequently, offering visitors a convenient dining experience all day long. Additionally, it has a 24-hour fitness centre so that visitors can continue their daily workout regimen while here.

Furthermore, the hotel has 13,300 square feet of well-lit event spaces with contemporary audiovisual equipment, which makes it a perfect option for conferences, business meetings, and social gatherings. The Courtyard Marriott Toronto Downtown has basic hotel rates that start at about $203 per night.

Convenient access to a number of downtown locations is provided by the hotel’s central Yonge Street location, including Dundas Square, the Village, Eaton Centre, SickKids Hospital, and the St. George campus of the University of Toronto. Because of its advantageous location, it is a sensible option for both business and leisure tourists. A pleasant and delightful stay in downtown Toronto is guaranteed by the Courtyard Marriott Toronto Downtown, which offers chic accommodations, modern conveniences, and on-site eating options.


Given the variety of reasonably priced hotels the city has to offer, travelling through Toronto on a tight budget is not only feasible but also a rewarding experience. These affordable choices, which range from warm lodging to well-located attractions, offer a way to explore Toronto’s many sides without sacrificing comfort. The cheapest hotels in Toronto show that value and affordability can coexist, whether you’re a business traveller looking for low-cost accommodations or a family taking a holiday.