Tired of trying to find cheap places to stay in Toronto? This guide brings you the cheapest hostels in Toronto, with real prices and real savings. No fluff, no BS—just the tools you need to stretch your budget further. We’re Hostelz, the only site where you can compare all hostels in Toronto to see prices and availability from Hostelworld, Booking.com, and more—side by side.
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Welcome to Toronto, a city that's both cosmopolitan and charming, with a unique blend of urban sophistication and natural beauty. Whether you're strolling through the cobblestone streets of the historic Distillery District or exploring the trendy shops and restaurants of Queen West, Toronto offers a rich and diverse experience for every traveler. And with its proximity to stunning natural landscapes like Niagara Falls and Algonquin Park, it's no wonder that Toronto attracts visitors from all over the world.
But with a reputation for being one of Canada's most expensive cities, finding affordable accommodation can be a challenge. In this article, we'll take you through the best cheap hostels in Toronto, where you can enjoy a comfortable stay and save some money for all the other exciting experiences that Toronto has to offer.
Here are the most affordable and cheap hostels in Toronto.
The Parkdale Hostellerie offers an affordable communal living space, perfect for travelers looking for a cozy home away from home. With friendly staff and a common kitchen, guests can prepare simple meals and connect with others. High-speed WiFi is available throughout the spacious apartments, which come in various types to cater to all needs.
Located near top city attractions like Fort York National Historic Site and Toronto Island, there's always something to do. And don't forget about the evening entertainment, shared kitchen, and ping pong at the hostel! With private parking and a terrace, it's the perfect spot to explore Toronto.
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Zen Hostel is an affordable accommodation choice, located in the heart of Greek Town on Broadview and Danforth. The subway station is close by and you can explore nearby attractions like the Royal Ontario Museum and The Distillery District. Universities such as the University of Toronto and Ryerson University are easily accessible too.
The Billy Bishop Toronto City Airport is just a hop skip and jump away. The hostel is equipped with a common living room with 4 bunk beds, a full bathroom, locked storage, and a kitchen making it perfect for the budget-minded traveler.
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Queen Nest Hotel is a hip, boutique hotel with 12 themed rooms. Positioned right beside public transit, including the 24-hour Queen streetcar, renting bikes nearby, walking everywhere in downtown Toronto couldn't be easier. Coming back at any time throughout the day is never a problem with public transit nearby, or hail an Uber or regular cab. Plus, with a focus on affordability, it's perfect for anyone looking to explore Toronto without breaking the bank.
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Toronto's got it all: business, finance, entertainment, culture, and a diverse community of immigrants from all over the world! Samesun Toronto adds to this scene, conveniently situated in Kensington Market - a funky, eclectic neighborhood packed with character.
Catering to like-minded travelers, the hostel provides a common area where exchange of travel stories is a norm. This affordable, centrally-located hostel also boasts air-conditioned rooms and free WiFi. Plus, you'll have easy access to Toronto's top destinations like university of Toronto, Queens Park and Royal Ontario Museum.
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49 Hostel sits in the heart of Toronto, offering travelers an affordable gateway to explore the city's rich tapestry of attractions such as the iconic CN Tower and Ripley’s Aquarium. With an array of dining options around, guests can indulge in a diverse palette of culinary delights without straying far. Its prime location ensures that guests save not only time but also money on transportation, enhancing the overall travel experience.
Inside 49 Hostel, a sense of community and warmth prevails. It is crafted to promote social interactions amongst travelers, enabling the exchange of stories and cultures. Its spaces are comfortable and well-organized, ensuring that guests find it easy to mingle and create meaningful connections, adding a delightful dimension to their travel tales.
In the realm of amenities, 49 Hostel stays committed to offering a clean, secure, and restful environment. Every corner echoes the thoughtful effort put into ensuring guests have a smooth stay. Its offerings stand as a testimony to its value-driven approach, promising travelers a budget-friendly yet enriching Toronto experience.
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Situated in Toronto, 2.5 km from Hanlan's Point Beach and 2.7 km from Sugar Beach, King St West, and Spadina Ave, Downtown, Toronto features accommodation with a terrace and free WiFi. With city views, this accommodation offers a balcony. The property is non-smoking and is set 700 meters from Rogers Centre. There is a seating area, a dining area, and a kitchen complete with a microwave, a fridge, and kitchenware. The property has an outdoor dining area. Popular points of interest near the homestay include the Toronto Symphony Orchestra, Four Seasons Centre for the Performing Arts, and CN Tower. The
nearest airport is Billy Bishop Toronto City Airport, 2 km from King St West and Spadina Ave, Downtown, Toronto. King St West and Spadina Ave Policy and Conditions:
Cancellation policy: Anytime before arrival. In case of a late cancellation or No Show, you will be
charged the first night of your stay. Check in from 15:00 to 23:00 . Check out from 08:00 to 12:00 . Payment upon arrival by cash. Taxes included
Breakfast not included
General:
24 hours reception. No curfew.
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Looking for a clean and budget-friendly hostel in Toronto? Check out All Days Hostel! Located in the heart of the city, this hostel offers quiet and comfortable accommodation for travelers on a budget. With a variety of ensuited, private or dorm rooms to choose from, All Days has something for everyone. You'll enjoy access to two large common kitchens, a self-service laundry facility, and free Wi-Fi.
All rooms include linens, air conditioning, and towels, and private rooms also offer in-room TVs and storage space. With affordable rates and plenty of amenities, All Days Hostel is the perfect choice for budget-conscious travelers.
Compare all prices and availability for All Days Hostel on Booking portals with 1 click on Hostelz.com
We've got your back when it comes to finding a great hostel location in Toronto. We've gone ahead and mapped out all the hostels for you so you can get a good idea of where they're all at. This map will make your life so much easier!
Let's talk about hostel prices in Toronto. This graph shows you typical, average prices for a bed in a dorm and for a private room. Simply mouse-over to see rates for each month.
Prices can vary a lot, especially on high-season, weekends, and special holidays such as New Years Eve.
Average Dorm Price per Month in Toronto
Average Private Room Price per Month in Toronto
When to book a hostel in Toronto?
Let us have a closer look on some statistics and graphics.
The cheapest months to travel to Toronto is January. Hostels in Toronto cost $31 in January.
The most expensive month is September with $51.
Total number of hostels in Toronto: 15
Total number of Party Hostels in Toronto: 5
Total number of hostels in Toronto with a +8.5 top-rating: 6
Most hostels are located in the neighborhoods of Downtown, Little Italy, Yorkville.
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