11 Best Affordable Airbnbs Under 45 USD In Downtown Toronto, Canada - Updated 2024

Sidharth
Sidharth  
Updated
| 5 min read

As one of the most vibrant cities in the world, Toronto is a melting pot of ethnically diverse cultures, traditions, languages, and music. Home to numerous museums, historic sites, theatres, festivals, and sports activities, it is little wonder that this global cosmopolitan city is one of Canada’s leading tourism destination and attracts over 25 million tourists every year. Whether you are taking in breathtaking views of the city from the spire of the CN tower or vibing to the beats of electronic music exploding from one of the many bars in the Entertainment district, this city is full of exciting experiences that offer something for everyone. With loads of attractions and events, this major tourism destination offers all types of accommodation options ranging from grand five-star hotels to lovely bed and breakfast and guesthouses that differ in pricing and location. Here is a list of the best affordable Airbnb vacation rentals under 45 USD in Downtown Toronto, Canada, that will let you get the best of the city without spending too much.

We handpicked these listings carefully, considering (wherever possible) Superhost status, recent guest reviews, location, accommodation type, prices, availability of dates, decor, and amenities. The image galleries get refreshed with the latest updates regularly. They were last updated on April 07, 2024.

1. Cozy pad close to Scotiabank Centre and Chinatown (from USD 43)

Make the most out of your trip to Toronto by booking a stay in this affordable yet cozy pad near everything. When we say “everything”, we really do mean it as it’s close to the Art Gallery of Ontario, Chinatown, Kensington Market, University Avenue, Princess of Wales Theatre, restaurants, bars, cafes, banks, and malls—pretty much all you need to experience what the city is all about. Scotiabank Arena, which is the home of the NBA champs Toronto Raptors, is just 20 minutes away.

The pad can accommodate up to two guests, perfect for solo travelers or couples. Amenities include a 32-inch HDTV with cable, Fire TV, and Netflix, heating, cooling, wifi, a microwave, and a mini-fridge to make your stay as comfy as possible.

Stayed at this property?
Toronto, Ontario, Canada
1.61 km (1.0 mi) from CN Tower
152 reviews   Superhost Wifi Available
Entire guest suite 1 Bed 1 Guest 1 Bedroom 2 Bathrooms

Accommodates: 1

Top guest reviews
Amenities & Room:
it was comfortable and i had good nights of sleep
easy check-in hot shower and quiet at night
Cleanliness:
while the room is small it is clean & comfortable
clean slippers to wear inside was a nice touch
clean and a great part of town
the place was clean and ready to go
the place was clean and very close to lot of restaurants and amenities
Host:
gary is a really nice host
gary was very responsive and accommodated all my requests
very friendly host and always responds immediately
gary is a super duper host one of the most friendly people i ever met
gary was very nice and accommodating
Location:
the location is amazing
great location for exploring toronto
great location close to most interesting neighborhoods in the city
good location and awesome value
great place to be close to downtown
Read more reviews

2. Cute and cosy apartment in a quiet neighbourhood (from USD 44)

Stay on the 24th floor of a 40-year-old sunny apartment. With a super welcoming and knowledgeable host who is ready to go out of his way to offer you a pleasant stay, this apartment includes two bedrooms, one bathroom, Wifi, digital TV, a fully functioning kitchen, a living area with sofas, and a balcony with a barbecue grill. The house is conveniently located at an eight-minute walking distance away from the downtown area and has close access to a public pool, an ice skating rink, biking trails, the distillery district, restaurants, movie theatres, and art galleries.

Stayed at this property?
Toronto, Ontario, Canada
2.62 km (1.7 mi) from CN Tower
829 reviews   Wifi Available
Private room in townhouse 1 Bed 2 Guests 1 Bedroom 1 Bathroom

Accommodates: 2

Top guest reviews
Amenities & Room:
from amenities to style to check-in sean was considerate and made his home very comfortable
nice bedroom in a nice apartment
room was good and we could use the rest of the flat too
Cleanliness:
sean's place was great - simple cheap clean and comfortable
stylish decoration and sparkling clean place
everything was super clean
the place is very clean and the bed is very comfortable
sean's place is super clean and he is very informative with his knowledge of the toronto area
Host:
great host and good place
great host extremely knowledgeable about the area
very nice place very nice host
host is super thoughtful and went above and beyond for us
beautiful place such a helpful host
Location:
excellent location in downtown and very quiet
sean's place is centrally located in downtown toronto with easy access to public transportation as well
the place have all what you need and a very good location a steps from bus stops
the location was brilliant too within an easy walk of the distillery district
place is near main touristic attraction and safe area
Read more reviews

3. Private room with a work desk (from USD 44)

Who says you can’t enjoy downtown Toronto on a budget? This affordable room hosted by Vicky is the place to book if you’re a solo traveler looking for a simple place to stay. This pet-friendly rental is an apartment that you will share with the host, but you’ll have a private room that includes a double bed and a comfy couch. There’s also a desk available for those working remotely.

Vicky’s guests are also welcome to use the fully equipped kitchen and the living room. After your city adventures, hang out by the balcony with a view of CN Tower.

Stayed at this property?
Toronto, Ontario, Canada
3.08 km (2.0 mi) from CN Tower
99 reviews   Superhost Wifi Available
PRIVATE ROOM IN RENTAL UNIT 1 Bed 1 Guest 1 Bedroom 1 Bathroom

Accommodates: 1

Top guest reviews
Amenities & Room:
no air condition but fans little hot in summer but not big problem for other seasons
the room is private spacious and nice for moments you want to relax and sit in
the room is clean firm comfy bed desk couch and closet access
for the price and the convenience i def recommend this apartment
i enjoyed my stay at vicky's apartment
Cleanliness:
vicky is an excellent host the place is well located clean and comfortable
Host:
vicky was a great host
i enjoyed myself the host was wonderful
very nice person and good host
vicky is incredible and a great host
vicky is a cheerful host who will try her best to look after you
Location:
though bus is easier and close by
the location of the apartment is good and you can go to any attraction of toronto even walking
i booked vicky’s place literally last minute but she was fantastic and very accommodating
she is very nice and the place is comfortable enough in a good location
Read more reviews

4. Serviced apartment in the heart of downtown

Located bang in the middle of downtown Toronto, this cozy, clean rental is an ideal base to explore the city and its attractions. The studio offers two comfortable beds, a private washroom, a shared fully equipped kitchen, wifi, and a laptop-friendly workspace. The house is located on the third floor of an apartment with elevator access.

Stayed at this property?
Toronto, Ontario, Canada
1.8 km (1.2 mi) from CN Tower
447 reviews  
Private room in serviced apartment 2 Beds 0 Bedrooms 1 Bathroom
Top guest reviews
Amenities & Room:
there is no television but the wi-fi is good
this room is clean no special amenities but it was fine
the room and bathroom are huge and private
and the bathroom was awesome
the room iis warmly & nice
Cleanliness:
very clean and spacious
great communication easy check in clean room
- cleanliness: space was clean simple and didn’t have any clutter (which we enjoyed)
place was spotless as well
it was a spacious beautiful sparkling clean room
Host:
great staff and quite affordable
the owners were amazing with their fast response to inquiries
the host is very quick in responding which was nice
the hosts were very kind responsive and checked up on me after a day
responds very quick and is helpful
Location:
great location to down town
great location just a few minutes walk from dundas and young square
the location looked just like the pictures
nice space in a central location with close proximity to a lot of stuff
great place the location and value were amazing
Read more reviews

5. Sleek and cosy house

Located on the ground floor with a short staircase leading to the streets of the downtown area, this one-bedroom loft is ideal for anyone looking to stay at a prime location and explore the famous landmarks of downtown Toronto. The private unit offers one bedroom, one private washroom, a fully equipped kitchen and a lounge area with two additional sofa beds.

Stayed at this property?
Toronto, Ontario, Canada
1.81 km (1.2 mi) from CN Tower
446 reviews  
Entire apartment 3 Beds 1 Bedroom 1 Bathroom
Top guest reviews
Amenities & Room:
the wifi worked very well
wifi was fast and checkin easy
the sofa beds could be a little cleaner but amazing size and really comfortable
a tv would’ve been great but other than that i enjoyed my stay
excellent place to stay with lots of room would highly suggest for the price
Cleanliness:
very clean as well
place was super clean
the place was really clean and exactly as advertised
the place was clean and comfortable
kept very clean and check-in was very easy
Host:
the hosts were friendly and quickly any questions we had
great host and very responsive
great place with great hosts
really big and stylish check in was easy and the hosts responded quickly and kindly
check in/out was simple and communications with hosts were prompt and courteous
Location:
fabulous location
fantastic location it was close to pretty much everything
nice location ok for the money
close walking distance to young/dundas square ryerson and cool restaurants
the location is great we were within a fair walking distance to a lot of restaurants and shopping
Read more reviews

6. Inviting room in a vibrant neighbourhood

Situated in the lively neighborhood of Little Italy filled with trendy bars, restaurants, and cafes, this lovely Airbnb attracts travelers from all over the world. The clean, well-maintained unit offers your own private room, a relaxing lounging area, a fully equipped kitchen and clean, shared washrooms. The house is ideal for anyone looking to meet new travelers in Toronto and share new experiences.

Stayed at this property?
Toronto, Ontario, Canada
3.01 km (1.9 mi) from CN Tower
249 reviews  
Private room in house 1 Bed 1 Bedroom 1 Bathroom
Top guest reviews
Amenities & Room:
appreciated outlets on both sides of bed to plug in all my devices
the bathroom was clean and wifi was good
lovely place yes you can here some sound outside the room but it’s not noisy at all
my room was nice
Cleanliness:
clean and cozy place to stay
so nice and clean
a clean room with a bed
cozy place and clean room
nice clean 5-10min from subway
Host:
quick response from host; easy access and parking
nice place and communication with the host was easy
it was great hosting thank you
Location:
location is also great pretty close to many areas within walking distance or good transportation
many great restaurants within walking distance
nice room close to toronto downtown
great place and real close to everything downtown
lovely comfortable room in a great location of toronto
Read more reviews

7. Calm and spotless house in a fantastic location

This clean, peaceful house is located slap bang in the middle of the entertainment district and close to landmarks such as the CN Tower, Roger’s Center and Ripley’s Aquarium. The brand new, hip apartment offers one bedroom with three beds, a bathroom, well-equipped kitchen, wifi, laptop-friendly workspace, TV, washer and dryer, and access to a hot tub, pool, gym, and rooftop patio. This apartment is the best bet for anyone looking for a quiet stay in a neighborhood full of attractions.

Stayed at this property?
Toronto, Ontario, Canada
646 meters (0.5 ft) from CN Tower
227 reviews  
Entire apartment 3 Beds 1 Bedroom 1 Bathroom
Top guest reviews
Amenities & Room:
this apartment has a great view of the area with good views of the cn tower as well
views can even be had right from the comfort of your bed
the apartment has an amazing view and the location is perfect
the place was very well kept and amply furnished - very comfortable for a 3 day stay
the apartment was clean and comfortable and the view was amazing
Cleanliness:
clean space very modern
clean and fresh all around
clean and easy to access
the unit was very clean and easy to find
great space very clean
Host:
host was quick and responsive
jay was a very helpful host
a great host with fast answers
jay was the perfect host
quick responses from host and easy check in process
Location:
great location and apartment
the location is superb too
great apartment close to everything
very cute condo and great location
nice place great location
Read more reviews

8. Unique and swanky loft

Located five minutes’ away from the subway, this charming apartment in a central location can accommodate a maximum of eight guests. The two-bedroom house offers a private washroom, a fully equipped kitchen, wifi, laptop-friendly workspace and is located on the second floor of an apartment with elevator access. The house is conveniently located on the dividing line of Old Town with historical attractions and the Church Yonge corridor with concerts and celebrations and lets you explore the best of both worlds.

Stayed at this property?
Toronto, Ontario, Canada
1.79 km (1.2 mi) from CN Tower
303 reviews  
Entire serviced flat 4 Beds 8 Guests 2 Bedrooms 1 Bathroom

9. Trendy and clean studio

Located in the basement level down a couple steps on the stairs, this clean studio in a safe, quiet neighborhood is ideal to explore the core of downtown Toronto. The three-bedroom accommodation is in a stylishly furnished apartment and can accommodate a maximum of six guests. The studio is beautifully decorated and offers three comfy beds, a clean private washroom, a fully equipped kitchen, a lounging area with two additional sofas, wifi and a laptop-friendly workspace.

Stayed at this property?
Toronto, Ontario, Canada
1.77 km (1.1 mi) from CN Tower
299 reviews  
Entire townhouse 3 Beds 0 Bedrooms 1 Bathroom
Top guest reviews
Amenities & Room:
other than that the place was just like the photos and cozy as well
it was nice having the bed and two pull out beds
i particularly appreciated the simple check in process clean rooms and kitchen stocked with coffee and coffee whitener
Cleanliness:
very clean and pretty space
the space was impeccably clean and loved the decor
great space very clean and tidy
good stay and very clean place
the place was clean and easily accessible
Host:
the host was really nice and easy to contact
the hosts were super responsive as well
they were very attentive and quick with responses all in all great find
hosts were great at quick responses and the home is very clean
the host are easy to joint and we have always quick answer
Location:
amazing location close to everything
great central location in downtown toronto super cute space
good location to things
the location was super convenient only a short walk from eaton centre and many of the main streets
this place is central and easily located off the subway
Read more reviews

10. Beautifully renovated 1890s Victorian townhome

Located in one of the major up and coming neighborhoods of Toronto, this lovely shared space is ideal for solo travelers and provides great value. The trendy unit offers your own bed, wifi, a laptop-friendly workspace, a shared fully equipped kitchen and laundry facilities at a fee. You can choose to meet other travelers and chat in the spacious lounge or relax and work alone in your own private space here.

Stayed at this property?
Toronto, Ontario, Canada
2.52 km (1.6 mi) from CN Tower
309 reviews  
Shared room in townhouse 1 Bed 1 Bedroom 1 Bathroom
Top guest reviews
Amenities & Room:
especially i loved the curtain and he light for each bed
the bed seems that the privacy is protected from the other guests
i was apprenhensive about the shared room accomodations but it was actually super chill
Cleanliness:
clean bathrooms clean kitchen and great bedding
the beds were clean and comfortable
super stylish and clean space
very spacious clean bathroom with a jet tub
the space was clean and nice and the beds were good
Host:
good place with nice host
amazing airbnb the host are friendly and welcoming
very kind and hospitable hosts
the hosts are very friendly approachable and responsive to questions and needs
great host and nice cozy place elaine makes u feel at home
Location:
the location is great
great location near distillery and st
very nice townhouse located a 25 minute walk from the eaton center and the rest of downtown to
it's close to downtown toronto so easy to get there
close to the busses and not far from the city you could easily walk there
Read more reviews

11. Contemporary condo with amazing views

Start your day by waking up to the incredible views of CN tower. This modern, spacious apartment offers all the comforts of a home in a convenient location close to restaurants, bars, and amphitheaters. Ideal for couples, solo adventurers and business travelers, the one-bedroom apartment offers two beds, a fully functioning kitchen, a clean bathroom, a washer and a dryer, wifi, cable TV, a laptop-friendly workspace, gym facilities, and an indoor pool.

Stayed at this property?
Toronto, Ontario, Canada
1.57 km (1.0 mi) from CN Tower
244 reviews  
Entire condominium 2 Beds 1 Bedroom 1 Bathroom
Top guest reviews
Amenities & Room:
beautiful view had a comfortable stay
love the pool and amenities
like other reviews have said bed is soft with an area sunken in in the middle
apartment and building are clean and have all the amenities needed for an enjoyable stay
apartment was clean with all the basic amenities you would need to feel at home in toronto
Cleanliness:
clean condo and well positioned
great communication clean place excellent stay
very clean and just as pictures
everything was very clean and comfortable for us
it’s very clean and tidy
Host:
awesome place and even better host
ivan was a very good host
ivan was a great host very personable
wonderful place very accommodative host
he was super quick with responses and very helpful throughout the whole stay
Location:
location was good about 25 minutes walk from union station
great location bus stops and train cars very close
great location to all major downtown events
the location is amazing and close to everything downtown
amazing place walking distance to everywhere
Read more reviews

Experience Toronto the local way

Toronto is the biggest and the most expensive city in Canada with exciting events and activities all year round. Choose and book your accommodation with solid amenities and local recommendations from the above list of affordable Airbnb rentals in downtown Toronto and experience the best of the city’s downtown core without breaking the bank.

Any must-sees we missed? Tell us about them in the comments section or write a post here to help out fellow travelers!
Disclosure: Trip101 selects the listings in our articles independently. Some of the listings in this article contain affiliate links.

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When Sidharth is not traveling or writing, he can be found honing his Spanish, indulging in Netflix binges, reading, swimming in the ocean, or simply daydreaming in a hammock.

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