Cheap Banquet Halls for Rent in Toronto, ON

Cheap Banquet Halls for Rent in Toronto, ON

Celebrate affordability with party halls in Toronto

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Top Cheap Banquet Halls in Toronto, ON

Are you planning an event and need help figuring out where to start? If you want your event to be remembered for a lifetime and don't know where to host it, our affordable banquet halls in Toronto have your dream party covered! From hotel halls with chandeliers to rustic manors, we have banquet halls of every style to suit your event! Get details about catering options, entertainment, pricing, and much more on any venue on Tagvenue. Booking an event has never been more effortless! Explore cheap banquet halls and book your favourite today.

Map of Toronto, ON
138 Banqueting Hall Venues in Toronto, ON

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Cheap Banquet Halls for Rent in Toronto, ON

FAQs about Top Cheap Banquet Halls in Toronto, ON

The cost of cheap banquet halls averages around C$60 per person. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in Toronto, based on Tagvenue data from December 2025:

Prices of cheap banquet halls in Toronto
From C$50 to C$100 per person
From C$100 to C$350 hire fee per hour
From C$1500 to C$4475 minimum spend per event

Based on the popularity and user ratings on Tagvenue (updated December 2025), the best options include:

You'll find cheap banquet halls in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in Toronto, together with the standard prices in each size range, based on Tagvenue data (December 2025):

Small up to 100 guests prices average C$130 hire fee per hour
Medium between 150 and 260 guests prices average C$3000 minimum spend per event
Large over 350 guests prices average C$3000 minimum spend per event

These are the venues within 1.5 km from central Toronto, available to book on Tagvenue:

  • Versatile Event Space at Startuptive on 123 Edward St (2nd Floor), Toronto, ON 123 - 650 m from centre.
    Our user said: ‘The entire booking process was very smooth, and the venue fit our every needs.’
  • Rosedale Room at Holiday Inn Toronto Downtown Centre on 30 Carlton Street - 800 m from centre.
    Venue said: Welcome to the Holiday Inn Toronto Downtown Centre, a modern and renovated hotel located in the heart of Downtown Toronto. With its convenient location just half a block from the College Subway Station, you'll have swift...
  • Gallery at Arta Gallery on 14 Distillery Lane - 1.5 km from centre.
    Our user said: ‘Arta was a cool space for our event, cozy and beautiful art.’

Banquet halls, like reception halls, are typically used for the same events. However, banquet halls are held in locations that regularly organise events, such as restaurants and hotels. Banquet halls also have different seating arrangements, allowing small groups of people to interact with each other at a table. A reception setup utilises smaller rounds with highboys, which can accommodate 3-4 people and is normally hosted for receiving well wishes from guests.

Toronto banquet halls offer ample space, elegant decor, and flexible seating arrangements. With their spacious interiors, these venues can comfortably accommodate large gatherings. Banquet halls often provide customisable decor options and event packages to suit any theme or style. They are perfect for creating lasting memories, whether celebrating a special birthday, hosting a formal corporate event, raising funds for a cause, or tying the knot.

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Page last updated in December 2025

To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.