Cheapest Hotels in Toronto You Can Stay in If You Are on a Budget

Travelling on a budget doesn’t mean compromising on comfort and convenience, especially when it comes to finding accommodation in Toronto. The bustling city offers a variety of affordable yet comfortable hotel options that cater to the budget-conscious traveller. Whether you’re exploring the vibrant neighbourhoods, experiencing the cultural richness, or delving into the city’s iconic attractions, a stay at one of Toronto’s budget-friendly hotels can be both economical and enjoyable. In this article, we’ll delve into some of the cheapest hotels in Toronto that offer a balance between affordability and a memorable stay.

9 Cheapest Hotels in Toronto for the Rainy Days

According to Statista, the average hotel in Toronto costs about $412 per night. But here is a list of hotels that offer incredible experiences for $200 and less per night.

1. Novotel Toronto Centre

The Novotel Toronto Centre is situated at 45 The Esplanade in Toronto. It is a 3.5-star hotel that offers a variety of amenities. These include an indoor swimming pool, complimentary WiFi, air conditioning, a 24-hour front desk, and a fitness centre. Also,the hotel is pet-friendly and provides on-site parking, along with a restaurant and bar.

The well-appointed rooms feature amenities such as spacious windows, a flat-screen TV, a mini-bar, and a coffee maker. Some rooms also include a sofa bed and a separate living room for added comfort.

Cafe Nicole, the hotel’s on-site restaurant, offers a diverse selection of international meals. Guests can also savour cocktails at the Stage Door Lounge. The pricing for a night’s stay at the Novotel Toronto Centre varies. However, it is generally considered a great value. The rates start at approximately $135 per night, hence, making it one of the cheapest hotels in Toronto.

2. Hotel Carlingview Toronto Airport

If you are looking to catch a quick flight when you get to Toronto, Hotel Carlingview Toronto Airport might be a convenient place to lodge. It is a business-friendly accommodation option. It provides various amenities, including a complimentary airport shuttle, on-site parking, and a 24-hour front desk.

Conveniently located near attractions like Woodbine Racetrack and the Toronto Congress Centre, the hotel offers standard room rates ranging from $89 to $97 per night. Hence, it is renowned for its proximity to the airport and reasonable pricing. The hotel features spacious rooms, complimentary Wi-Fi, and a free breakfast for guests to enjoy during their stay.

3. Bond Place Hotel

Situated in Toronto’s University District, the Bond Place Hotel is a 3.5-star accommodation boasting 285 rooms and suites adorned with modern decor and a lively ambience. The hotel provides various amenities, including an on-site restaurant, complimentary Wi-Fi, and a 24-hour fitness centre. Its strategic location in proximity to key attractions like the CN Tower and Rogers Centre makes it an ideal choice for exploring the city.

With standard room rates starting at $118 per night, the Bond Place Hotel offers an affordable option for budget-conscious travellers. The rooms are equipped with a refrigerator, and select rooms provide a city view. Guests can indulge in a diverse array of dishes at the on-site restaurant and unwind with a drink at the bar. In essence, the Bond Place Hotel presents an excellent choice for travellers seeking budget-friendly accommodation with a central location in Toronto.

4. Toronto Don Valley Hotel and Suites

When you visit Toronto’s North York district, you should check out the Toronto Don Valley Hotel and Suites. It is one of the cheapest hotels in Toronto. A 3.5-star accommodation offering an array of amenities, including complimentary Wi-Fi, an outdoor pool, and a fitness centre. The hotel’s strategic location makes it convenient for city exploration, with prominent attractions like the Ontario Science Centre and the Toronto Zoo in close proximity.

With standard room rates starting at $113 per night, the Toronto Don Valley Hotel and Suites provide an affordable choice for budget-conscious travellers. The rooms feature contemporary decor and are equipped with a flat-screen TV, a mini-fridge, and a coffee maker. Additionally, the hotel houses an on-site cafe and bistro that serve a variety of dishes.

5. Royal Oak Inn

Nestled in Toronto, Ontario, the Royal Oak Inn is an understated motel. It offers cosy rooms, some equipped with minifridges and microwaves, along with an inviting outdoor pool. It has a standard room rate of approximately $141 per night. Hence, the hotel provides a wallet-friendly option for travellers seeking budget accommodation. Despite its simplicity in amenities, including complimentary WiFi, the property’s downtown location adds practicality to city exploration. The Royal Oak Inn stands out as a sensible choice for those in search of an economical stay in Toronto, balancing affordability with a central location.

6. Chelsea Hotel

The Chelsea Hotel is a casual lodging option with a laid-back atmosphere. It features an easygoing restaurant, a 27th-floor indoor pool, a gym, and saunas. Situated at 33 Gerrard Street West in Toronto, Canada, the hotel offers a comprehensive range of amenities. This includes three swimming pools, on-site dining, a fitness centre, free WiFi, family rooms, non-smoking rooms, room service, a 24-hour front desk, and a bar. Hence, it is not only one of the cheapest hotels in Toronto, but one of the most comfortable too.

The dining choices at the hotel encompass the Market Garden restaurant, Elm Street Bar & Lounge, and an espresso coffee and wine bar. The hotel has family-friendly accommodations and activities. Hence, it is designed to cater to a diverse range of guests. The standard room rates vary, with the hotel frequently presenting discounted rates and special packages. An example is the 2-for-1 Breakfast Package and reduced room rates for CARP members.

Guests can enjoy savings of up to 20% when booking seven days in advance. Notably, the hotel extends comfort and affordability to those receiving hospital treatments. Hence, it is an excellent choice for anyone seeking to immerse themselves in the excitement and diversity of Toronto, Canada’s most-visited destination.

7. Gladstone House

You will find this hotel in Toronto’s West Queen West neighbourhood. The Gladstone House stands as a chic and vibrant boutique hotel housed in a Victorian-style building. Boasting 55 artist-designed guest rooms, the hotel offers a distinctive experience. Each room exudes unique decor reflective of the property’s distinct ambience. The Gladstone House provides an array of amenities, including complimentary morning coffee, the Melody Bar hosting karaoke on Fridays and Saturdays, Gladstone House Bistro & Bar serving bistro-style dishes throughout the day, a fitness centre, 24-hour front desk, private parking (additional fees may apply), free Wi-Fi, non-smoking rooms, an elevator, and daily housekeeping.

Strategically located in the heart of the city’s art and design district, the Gladstone House serves as an ideal base for exploring the vibrant neighbourhood, complete with nearby stores, restaurants, and cafes. Enhancing its allure is the hotel’s own social and cultural scene, featuring three on-site art galleries. Seamlessly delivering a unique blend of historic charm and modern elegance, the Gladstone House offers a boutique experience. While standard room rates vary, they are generally regarded as excellent value for money, with rates starting from approximately $130 per night.

8. The Rex Hotel

There are different properties in different regions that go by the name The Rex Hotel. However, this one is located in the heart of downtown Toronto, Canada. The Rex Hotel Jazz & Blues Bar stands as a distinctive and iconic lodging. Located on the trendy Queen Street West, the hotel is surrounded by a vibrant array of shops, restaurants, and nightlife. Also, The Rex Hotel provides a unique experience by offering a host of amenities, including complimentary Wi-Fi, an on-site restaurant, and nightly live music.

Even though it is one of the cheapest hotels in Toronto, the hotel’s modernly furnished rooms come equipped with air conditioning, free Wi-Fi, and a flat-screen TV. The on-site restaurant, The Rextaurant, serves up American and local cuisine throughout the day. This includes brunch, lunch, dinner, and cocktail hour. Additionally, the hotel’s prime location places popular attractions within convenient walking distance. Some of such places are the Canadian Opera Company, the Art Gallery of Ontario, and the Toronto Eaton Center

With standard room rates that vary, The Rex Hotel Jazz & Blues Bar is widely recognized as offering exceptional value for the price, starting at around $95 per night. The hotel is also renowned for its lively live music scene, welcoming staff, and strategic location. Hence, it has become a top choice for travellers seeking a distinctive and vibrant experience in Toronto.

9. Courtyard Marriott Toronto

The Courtyard Marriott Toronto Downtown is a contemporary and well-appointed hotel located on Yonge Street. It offers a host of amenities in a prime city location. Also, it has modern and chic rooms that feature cosy reading chairs, a mini-fridge, large windows, a sleek work desk, and complimentary Wi-Fi, ensuring a comfortable stay.

The on-site restaurant, The Bistro, presents a diverse menu of food and beverage options. Hence, providing guests with a convenient dining experience throughout the day. It also has a 24-hour fitness centre for guests to stay active and maintain their exercise routine during their stay.

Additionally, the hotel boasts 13,300 square feet of well-lit event venues equipped with modern AV equipment. Hence, it is an ideal choice for business meetings, conferences, and social events. The standard room rates at the Courtyard Marriott Toronto Downtown vary, starting from approximately $203 per night.

The hotel’s central location on Yonge Street offers convenient access to various downtown destinations. This includes Dundas Square, the Village, SickKids Hospital, Eaton Centre, and the University of Toronto’s St. George campus. This strategic positioning makes it a practical choice for both business and leisure travellers. With its modern amenities, stylish accommodations, and on-site dining options, the Courtyard Marriott Toronto Downtown ensures a comfortable and enjoyable stay in downtown Toronto.

Conclusion

Exploring Toronto on a budget is not only possible but also an enriching experience with the array of affordable hotels the city has to offer. From cosy accommodations to strategic locations, these budget-friendly options provide an opportunity to discover the diverse facets of Toronto without compromising on comfort. Whether you’re a solo traveller, a family on vacation, or a business professional seeking cost-effective solutions, the cheapest hotels in Toronto prove that affordability and quality can go hand in hand.