Budget Hotels in Toronto, Ontario

Toronto has cheap accommodation options and a variety of places to visit, making it a great choice for a budget-friendly getaway. In addition to its well-known attractions like Scotiabank Arena and CN Tower, this destination is home to Yonge-Dundas Square and Queen’s Park, which you can enjoy while spending very little.

Based on reviews, Chelsea Hotel, Toronto is a popular hotel for our travelers who want a more economical choice, and features free WiFi and 2 indoor pools. Other good options to stay on the cheap include Pan Pacific Toronto and Town Inn Suites Hotel.

Choose a hotel that suits your wallet among Expedia’s 57 budget hotels in Toronto.

Weather will likely play an important role when you plan your trip to Toronto, and keep in mind that cheaper options are usually available when the weather isn’t as good. The hottest months are usually July and August with an average temp of 68°F, while the coldest months are February and January with an average of 29°F. Average annual precipitation for Toronto is 35 inches.

Toronto attracts visitors with its theater scene and fantastic dining options, and offers plenty to see and do without spending a fortune. You can budget for the popular local attractions that are highest on your list, such as Scotiabank Arena and CN Tower, and choose other low-cost activities to fill your itinerary. Explore and snap photos of landmarks like The Distillery Historic District, or enjoy the outdoors at Yonge-Dundas Square and Queen’s Park.

Scoping out the transportation options in Toronto is a smart way to keep your trip affordable. The closest airport is 1.3 mi (2.1 km) from the center in Billy Bishop Toronto City Airport (YTZ). However, if that doesn’t suit your budget, you can look into flights to Toronto Pearson Intl. Airport (YYZ), which is 11.7 mi (18.8 km) away. You can take advantage of metro transit at King St West at Bay St West Side Stop, York St At King St West Stop, and King St West at University Ave East Side Stop.