Downtown Toronto has numerous options for accommodation, from 5 star hotels to backpacker hostels.

Most of the major hotel chains have locations here, in addition to a significant selection of smaller boutique hotels. Furnished apartment rentals are also available in the downtown area in a variety of locations.

Meanwhile, for those looking for a place to stay on the lower end of the price scale, most of the hostels in the city are also located in the downtown core. With so many options, it’s easy for travelers to pick the right place to stay that is located near the tourist attractions they will be visiting.

Downtown Toronto Hotels

Toronto hotel prices in the downtown area generally range from $120 – $250 for most locations, but up to $400, $500 and beyond for some of the ritzier types of accommodation.

The densest concentration of accommodation can be found not far from the waterfront, along King Street and Front Street (which run parallel). Anchoring this neighbourhood is the most iconic Toronto hotel, The Fairmont Royal York, a “chateau style” building that was completed in 1929.

Located on Front Street across from Union Station, the Royal York was the tallest building in the British Empire at the time of its completion. The Royal York also has a focus on being particularly accessible for those with physical disabilities.

Le Meridien King Edward, located on King Street East, is one of the highest rated hotels in Toronto. It first opened its doors in 1903, and Frommers calls it Toronto’s best historic hotel. On the other end of the cost scale, the nearby Hotel Victoria was named the city’s best budget hotel. Other popular hotels in the area include The Westin Harbour Castle, The Ritz-Carlton Toronto, the Hyatt Regency and The Strathcona Hotel.

While many Toronto hotels are found along Front Street and King Street on the east-west axis, the supply of hotels continues northward towards Midtown along Yonge Street.

Many of the main hotel chains have locations in this area, including Ramada, Delta, Comfort Hotel, Best Western, and Marriott are among the options. Popular options include The Delta Chelsea, a family-friendly hotel that features a 4 story indoor water-slide, as well as the Toronto Marriott Downtown Eaton Centre, which as the name implies is located next to the Eaton Centre.

Downtown Boutique Hotels

Toronto has a great selection of boutique hotels, which are smaller and offer more individualized experiences than standard hotels. Some are geared towards those looking for a romantic getaway, while others are focused on serving travelers with dogs. The Hotel Le Germain, located on Mercer Street in the Theatre District, is one of the best known and regularly tops lists of the best hotel in the city. Nearby, The SoHo Metropolitan is another top-rated boutique hotel, a good example of the city’s more luxurious accommodation.

Downtown Toronto Hostels

Although there are many beautiful hotels in the downtown area, some travelers are looking to spend their budget elsewhere. For them, there are numerous hostels available. All the major downtown Toronto hostels tend to offer wireless internet for laptops, secure luggage facilities, kitchen facilities, and coffee & tea. Breakfast are also usually included in the price, although in the cases where it costs extra it is rarely more than a few dollars. 

Prices for a shared room at backpacker hostels in Toronto tend to range from $25 a night on the cheap end of the scale to $35 on the higher end. The main hostels also offers private double rooms for about $80 a night, but these are harder to get so book ahead.

Arguably the most well-known hostel in Toronto is the Canadiana Backpackers Inn, located in the Entertainment District. Regularly voted one of the best backpacker hostels in Canada, the Canadiana is a ‘themed’ hostel that aims to provide a very Canadian experience. They also provide access to a wide range of activities and tours, including daily trips to Niagara Falls.

Many hostels can be found on the western side of downtown, between King and Queen Street. Clarence Castle, located near King Street at Spadina Avenue, is one of the best rated hostels in Toronto. They were voted the #1 hostel in North America in 2008 by Hostelworld, and #3 in 2009. Although a smaller facility, they have the advantage of a quiet location which is also right in the heart of the downtown core.

The Global Village Backpackers Hostel is one of the bigger hostels in the city. In the mid-2000s they were regularly rated one of the best hostels in Canada, but they have slipped somewhat in recent years. Travelers here tend to enjoy the lively nightlife of nearby King Street West and Queen Street West, and the hostel features a pub on site as well as a large outdoor patio.

Downtown Furnished Apartments

Furnished apartment rentals are another option for the traveler visiting downtown Toronto. Furnished apartment rentals are also available, many in the $100 – $150 range, but be aware that some operators have requirements for a minimum length of stay.

Furnished apartment rentals are a popular choice as they have more space than a hotel room, as well as a kitchen for those times you don’t necessarily feel like going out to eat. This option can be a particularly good option for those planning a medium-to-long stay in the city.

Many of Toronto’s major property management companies offer these rentals. Minto, DelSuites, and MAC Suites are some of the companies that have a large selection of rentals. 

However, it’s not necessary to book a furnished apartment through one of these large companies. Individual people often put places up for rental on websites such as Craigslist and Kijiji. This is a good way to find a good deal, but as always be wary when arranging Toronto accommodation over the Internet.