The 10 best cheap hotels in Toronto

Want to be in the middle of the action without spending too much? The best cheap hotels in Toronto are are all safe bets
Executive Hotel Cosmopolitan Toronto
Photograph: Courtesy Booking.com Executive Hotel Cosmopolitan Toronto
By Barry Choi |
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These days, finding cheap hotels in Toronto that don’t skimp on comfort and style is a near impossible task. The city has turned into a major tourism destination—with the attractions, bars and restaurants to follow—and pricing for hotels can greatly differ depending on season, availability and location. That being said, Toronto does offer quite a few options that give you value for your dollar—and we highlight them all here, taking into account all of the little things that make a hotel special, like fancy soap in the bathroom when you want to stay in and relax, and a short walk to the city’s big-ticket attractions when you want to go out.

Best cheap hotels in Toronto

1
Residence Inn Toronto Downtown
Photograph: Courtesy Yelp/Residence Inn Toronto Downtown

Residence Inn Toronto Downtown

As one of the few hotels in the city with a full kitchen in all rooms and a downtown location, the Residence Inn Toronto Downtown is one of the best value hotel options in the city. Rooms also come with a sleeper sofa and spacious washrooms so a family of four could easily unwind after a long day without constantly stepping over each other. Start your morning right with the free hot breakfast buffet and swap stories with your fellow travellers—who knows, you might meet life-long friends over a cup of coffee.

2
Holiday Inn Express Toronto Downtown
Photograph: Courtesy Yelp/Holiday Inn Express Toronto Downtown

Holiday Inn Express Toronto Downtown

You might think Holiday Inns are no-frills, but wait until you see what the buffet bar at this place has in store. The on-site pancake machine is, obviously, a huge daily hit that delivers oh-so-delicious, fresh pancakes at the click of a button. Need another reason to stay here? You'll be just steps away from Toronto's St. Lawrence Market.

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3
Chelsea Hotel
Photograph: Courtesy Yelp/Chelsea Hotel
Hotels

Chelsea Hotel

icon-location-pin Downtown Toronto

The Chelsea Hotel offers a fantastic downtown location and good value for your money that’s perfect for families. Kids can enjoy the 130’ corkscrew waterslide, Kids Centre and Club 33 Teen Lounge while adults can relax at the private pool or work out in the fitness center. If you’re looking for something to eat, check out the T| BAR, which serves one of the best Indian buffets in the city during the week.

4
Super 8 Hotel Downtown
Photograph: Courtesy Yelp/Super 8 Hotel Downtown

Super 8 Hotel Downtown

The Super 8 Hotel Downtown is pretty basic, but with a location in Chinatown and rates starting around $120 CAD, you can’t complain. Complimentary breakfast is included, and if you're still hungry you’ll be within walking distance of some of the city’s top culinary neighbourhoods such as Kensington Market and Queen West, where you can splash the dollars you've saved on the cheap room. Some of the city’s top attractions—the CN Tower, Art Gallery of Ontario and City Hall—aren’t too far away either.

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5
Courtyard Marriott Toronto
Photograph: Courtesy Yelp/Courtyard Marriott Toronto
Hotels

Courtyard Marriott Toronto

icon-location-pin Downtown Toronto

The world's largest full-service Courtyard hotel is located in Downtown Toronto with the average rate starting at just $209 CAD per night. The recent addition of printed murals and art in every room, as well as the lobby fireplace, give the hotel a homier feel. Located at Yonge and College, you’ll be just a few blocks away from the Village and Yonge & Dundas (Toronto’s Times Square).

6
Photograph: Courtesy Booking.com
Hotels

The Roehampton Hotel

icon-location-pin North Toronto

The Roehampton Hotel provides basic accommodations at a very reasonable price, with spacious rooms starting around $160 CAD per night. What makes this hotel appealing (besides the price) is the midtown location. You’ll be steps away from some of the city’s best dining and shopping options without having to deal with the crowds. If you need to head downtown, it’ll take you less than 20 minutes.

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7
Photograph: Courtesy Booking.com
Hotels

Bond Place Hotel Toronto

icon-location-pin Downtown Toronto

Depending on when you’re planning on visiting, the Bond Place Hotel will cost you less than $200 CAD per night—a steal, considering the hotel is located a block away from Yonge-Dundas Square, where many free live events take place. The hotel isn’t much to look at from the outside, but the rooms are modern—especially the premier queen room, boasting a design that reflects the vibrancy of the city.

8
Radisson Admiral Hotel Toronto-Harbourfront
Photograph: Courtesy Yelp/Annzie A.
Hotels

Radisson Admiral Hotel Toronto-Harbourfront

icon-location-pin Harbourfront

For a property that’s located on the water, the Radisson Admiral Hotel offers surprisingly low rates starting at $239 CAD. For those of you in town to catch a Leafs or Raptors game, the hotel is within walking distance of the Rogers Centre and Scotiabank Arena. End your night with a trip to the hotel’s Lakeview Pool Lounge, where you'll enjoy stunning views of the city and Lake Ontario with a refreshing drink in hand. 

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9
Alt Hotel Toronto Airport
Photograph: Courtesy Yelp/Mike A.
Hotels

Alt Hotel Toronto Airport

icon-location-pin Greater Toronto

Don’t let the airport location fool you: the Alt Hotel Toronto Airport is surprisingly convenient—you can get to downtown Toronto via the train in less than 40 minutes. Rooms with one bed start at $179 CAD while a room with two beds starts at $199 CAD. Make sure to check out the space’s unique “alt expo” feature: a custom collection of 80,000 Instagram photos that form a mural that celebrates creativity and design.

10
Toronto Markham Marriott
Photograph: Courtesy Yelp/Toronto Markham Marriott

Toronto Markham Marriott

If you’re going to be in the northern part of Toronto or you simply like to experience luxury hotels at reasonable rates, you should check out the Toronto Markham Marriott. The highlight of the hotel is the infinity pool where the in-water lounge seats and the vibrant coloured floor-to-ceiling windows will make you wonder if you’ve relocated to an exotic resort. Grab a sofa seat booth or a bar stool at Draco, the hotel’s restaurant and lounge, where you can enjoy the downtown feel without actually having to be downtown.

 

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