Toronto is a buzzing city in the province of Ontario adorned with numerous skyscrapers and the all-famous CN Tower. This is one of the places where you will find the finest landscapes, exquisite restaurants offering traditional foods of Canada and parks-worthy venture if you are visiting for a few days. Even more, there are several fantastic places which you can check out for a stay while visiting this beautiful city. Traveling on a budget? These options have pocket-friendly prices and amazing interiors that will make you want to come back again for another visit! Come spend a holiday in this magical place. Here are some prime choices for places to stay on a budget in Toronto, Canada.
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 October 04, 2024.
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1. Cozy basement studio (from USD 1542)
This cozy, basement-level studio welcomes pets! Experience the conveniences and luxury of extended stay living right at home within the Roncesvalles area.
Savor the taste of mouthwatering delicacies with your complete kitchen amenities and whip up scrumptious home-cooked meals and snacks any time you, please! This fully equipped facility can easily be reached in a 20-minute drive from the heart of downtown, putting you within minutes of all the hustle and bustle of the city’s attractions, dining establishments and nightlife venues.
2. Family-friendly basement suite
This basement suite is an enchanted refuge located near downtown Toronto and is ideal for families as well as travelers. Make priceless moments with your small-size at our suite’s books and toys for the kids so which will guarantee a happy trip for young ones of all kinds.
There’s also a dedicated workplace for the ones who might have to join the office or need to do some studies, in order to remain productive during their stay. Savor your most loved coffee mixes with the accommodation of a channel espresso producer, giving you an impeccable beginning to your mornings.
Relish the great outdoors with a park just a hop and skip away where you can take gentle strolls or entertain the family. Easy transit options via the TTC’s Bloor-Danforth Line, Woodbine Subway Station only an easy 13-minute walk away putting you right into downtown Toronto and all of the major attractions.
Toronto, Ontario, Canada
6.23 km (3.9 mi) from The Distillery Historic DistrictSuperhost
Accommodates: 4
3. Fully furnished, cozy apartment (from USD 45)
Ready to head to Toronto on a budget trip? Take your long-deserved holiday at this beautiful home away from home which features some essential amenities to keep you comfortable during your stay. It comes with an ultra-comfy bed, a kitchen with the necessary cooking equipment, a working area, a bathroom with a tub, a washing area, and air conditioning. You will also find a patio in which you can enjoy the fresh breeze and perfect proximity to the surrounding social amenities which you can access after a long day of touring.
4. Comfortable minimalist space (from USD 56)
Have yourself one of the most memorable holidays in one of the most affordable places to stay in Toronto, aka, this small and serene home which comes with some of the most amazing amenities. It features a comfy sitting area, a bedroom with a queen-size bed, a private bathroom with the necessary amenities, a mini-fridge, a cable TV, free WiFi, a working area, and a washing machine. There is also a private entrance for your convenience and free parking in case you plan to bring a car along to explore all the famous things in Toronto.
5. Quaint, sunny room in a home (from USD 60)
Check out this quaint room which comes with some of the most interesting amenities to keep you comfortable as you enjoy your holiday. Not only will this stay fits into your Toronto trip’s budget but offers a great location too! Here, you will find a beautiful bedroom for your stay. It comes with free WiFi, a refrigerator, and a microwave. A washroom is shared with other guests. There is also a free parking spot. You can also head to the patio to unwind.
6. Stylish, serene holiday rental (from USD 1186)
Take time off and have a quiet holiday at this holiday home which comes with maximum privacy and serenity to enjoy your unwinding time. Although one of the cheapest places to stay in Toronto, it offers great comforts such as a fully equipped kitchen, a bed with ultra-comfy beddings, a cable TV, free WiFi, a working space, and a washing machine. In addition, you will find a private garden where you can enjoy the fresh air and a free parking lot in case you are driving to this spot. This is a place you don’t want to pass up if you are a sucker for quiet places for relaxing!
7. Spacious basement studio
For couples and lone travelers, this is the ultimate spot for you to enjoy as you unwind in this scenic city. This condo comes with a fully equipped kitchen, a working space, a comfy bed, a private bathroom with the necessary amenities, and free WiFi. There is a free parking lot on the premises if you are self-driving to this spot. Enjoy the serene setting of this property as you unwind away from the hustles and bustles of the city. If you want to tour around, there is a bus stop just outside the house and the subway is a five-minute walk from the accommodation.
Toronto, Ontario, Canada
4.88 km (3.1 mi) from The Distillery Historic DistrictAccommodates: 2
8. Well-lit room with kitchenette and balcony
Enjoy your vacay in this brightly lit home which comes with a fully equipped kitchenette, a private bathroom, a comfy bed, free WiFi, a working area, and great windows that allow sunlight to enter the room. There is a spacious balcony that you can step out to enjoy the warm weather if you are visiting during summertime. There is air conditioning in the room and you will be in close proximity to the surrounding social amenities in case you want to tour the city.
5.67 km (3.6 mi) from The Distillery Historic DistrictAccommodates: 1
9. Beautiful home away from home (from USD 34)
Have an exciting holiday with this amazing accommodation which is located just a minute’s walk to Lawrence subway station and the surrounding restaurants. It features free internet, a kitchen with modern cooking appliances, a private bathroom, a queen-size bed with comfy beddings, and a private bathroom. You will also find a washing machine for your laundry purposes and heating for cold seasons.
10. Bed and breakfast-type rental with great amenities
Have an amazing holiday experience in this city while staying in this gorgeous holiday home which features some amazing details to suit your stay. You will find a fully equipped kitchen with ultra-modern appliances, air conditioning, free WiFi, a cable TV, three bathrooms with the necessary amenities, and a laundry machine. There is a garden in the backyard which you can use for your relaxation purposes, a free parking lot, and outdoor furniture.
11. Chic room in a suite
If you are looking for the finest pocket-friendly suite to spend your holiday, this is your ultimate place! You will find an array of the most amazing amenities to make your stay memorable here. They include access to a fully equipped kitchen, a spacious living area, a bedroom with comfy beddings, a cable TV, free WiFi, and air conditioning. Even more, you will find a fireplace, a powder room, a dining room, and a lawn garden at the home.
12. Simple room near the airport (from USD 34)
Check out this fantastic holiday spot located just 10 minutes from Pearson Airport. It comes with an ultra-comfy queen-size bed, free WiFi, a shared bathroom, and a work station with a table. In addition, you will also find heating, air conditioning, a free parking lot in case you are self-driving to this spot, and a washing machine. If you are looking for perfect convenience to the airport at pocket-friendly prices, this is the place for you!
Budget-friendly holiday gems in Toronto
Take a break in this beautiful city and enjoy some of the most exciting holidays treat with your family and friends. While here, don’t forget this exciting list of where to stay on a budget in Toronto, Canada, so you can find the perfect spot for your stay. You will not forget the memories you will make as you stay in this wonderful city.
Frequently asked questions about affordable places to stay on a budget in Toronto, Canada
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