Cheap Toronto Hotels

Save Money with Cheap Toronto Hotels

Cheap Toronto hotels are easy to come by. Toronto is a popular tourist city with hundreds of hotels, from luxury to bare bones budget. If you don't want your accommodation to eat up most of your travel dollar, here is a list of popular but cheap hotels in or near downtown Toronto. (Everyone's idea of "cheap" is different. This list includes hotels with rates under $150.)

01 of 07

Alexandra Hotel

Photo © Alexandra Hotel
77 Ryerson Ave, Toronto, ON M5T 2V4, Canada
+1 416-504-2121

The Alexandra is good value in a convenient, but slightly run down, location. Nevertheless, it's not too far from the entertainment district and oodles of Toronto's best restaurants.

Simple, dorm-like rooms are spacious and clean. Rooms are equipped with kitchenette and supplies.

  • Neighborhood: Downtown / West Queen West
  • Transit: Queen Street streetcar
  • Price Range:$100+
02 of 07

Ramada Hotel and Suites Downtown

Ramada Hotels
300 Jarvis St, Toronto, ON M5B 2C5, Canada
+1 416-977-4823

Renovated in 2007, the Ramada is right downtown, within a 10-20 minute walk from many of Toronto's top attractions. The Ramada offers many typical hotel amenities, including free Internet, meeting and convention facilities and a health club / pool.

  • Neighborhood: Downtown
  • Major Intersection: Jarvis / Dundas
  • Subway: Dundas
  • Price Range:$120+
03 of 07

The Rex

The Rex, Toronto
The Rex, Toronto
194 Queen St W, Toronto, ON M5V 1Z1, Canada
+1 416-598-2475

The Rex is a Toronto landmark bar popular for live music and drawing jazz enthusiasts, including Harry Connick, Jr and Ani Di Franco. Above the bar are rooms that go for around $100+ plus taxes.

  • Neighborhood: Queen West
  • Subway: Osgoode or Queen Streetcar
  • Price Range:$100 - $150
04 of 07

Isabella Hotel and Suites

Isabella Hotel and Suites, Toronto
Isabella Hotel and Suites, Toronto
556 Sherbourne St, Toronto, ON M4X 1L4, Canada
+1 416-922-2203

This late 1900s mansion has been turned into a hotel with about 40 simple rooms and suites. The location is not upscale and may concern some at first sight, but the staff is pleasant and rooms clean. Parking is limited.

  • Neighborhood: Downtown / Bloor
  • Major Intersection: Sherbourne / Isabella
  • Subway:Sherbourne
  • Price Range:$100+
Continue to 5 of 7 below.
05 of 07

Howard Johnson Hotel Downtown Toronto - Yorkville

89 Avenue Rd, Toronto, ON M5R 2G3, Canada
+1 416-964-1220

A cheap hotel in one of Toronto's most exclusive neighborhoods - Yorkville - close to the ROM and the University of Toronto. So if you don't sacrifice location, why is it cheap? The hotel is pretty run down and in need of renovations.

  • Neighborhood: Yorkville
  • Subway: Museum
  • Price Range:$120+
06 of 07

Super 8 Hotel

222 Spadina Ave, Toronto, ON M5T 3B3, Canada
+1 647-426-8118

Brand new in 2007. Busy, central location in Toronto's Chinatown, near many of Toronto's top attractions. Also next to Kensington Market, which is full of retro shops and cheap eateries. Rates include breakfast, access to workout room and high-speed Internet. Underground parking for a fee.

  • Neighborhood: Chinatown
  • Subway: St. Patrick
  • Price Range:$100+
07 of 07

Days Inn, The Beach

1684 Queen St E, Toronto, ON M4L 1G6, Canada
+1 647-693-6842

The Beaches is a residential east-end Toronto neighbourhood known for its long stretch of waterfront and pricey housing. If you stay here, you will need to take the streetcar or your own car to get downtown and to most Toronto attractions. The Beaches does have great restaurants, shops, pubs, coffee shops and more than one doggie bakery.

  • Neighborhood: Beaches
  • Major Intersection: Queen St and Kingston Road
  • Public Transit: Streetcar (no subway stops)
  • Price Range:$120+
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Double-check the reviews, but for tight budgets here are cheap Toronto hotels