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Top Affordable Function Rooms in Toronto, ON
Toronto’s neighbourhoods are packed with affordable function rooms that strike the perfect balance between price and practicality. Scarborough, Etobicoke, or downtown Toronto offer spaces that don’t just fit your budget, they’ll take your event up a notch with thoughtful details like AV equipment, stylish decor, catering options, and flexible layouts. There’s no need to compromise on quality for your milestone birthday, business meeting, or community gathering. You can easily find affordable venues with Tagvenue. Sort through your options by price, location, and amenities to secure a space that suits your needs—and maybe even leave room in your budget for something extra special.
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![ZenDen Room at Alternity in University, Toronto, ON]()
from C$45
hire fee / per hourCheck availabilityZenDen Room
60 guestsAlternityUniversity, Toronto, ON
#Supervenue
AAmy D.
“I feel like it's the best kept secret in Toronto. FANTASTIC venue. FANTASTIC staff. FANTASTIC price point.” -
![Tropical Themed Space at TacoTaco in Kensington Market, Toronto, ON]()
from C$100
hire fee / per hourCheck availabilityTropical Themed Space
50 guestsTacoTacoKensington Market, Toronto, ON
#Supervenue
JJennifer R.
“I can't wait to rent this place out again, we recieved such great feed back from the guests !!” -
![Lounge at The Vista Event Space in Junction Area, Toronto, ON]()
from C$50
hire fee / per hourCheck availabilityLounge
20 guestsThe Vista Event SpaceJunction Area, Toronto, ONJJay R.
“Great venue. New tables and chairs. New lighting and great ambiance. Fit up to 100 people.” -
![Taproom at Lost Craft x High Park Brewery in Rockcliffe-Smythe, Toronto, ON]()
from C$2000
minimum spend / per sessionCheck availabilityTaproom
50 guestsLost Craft x High Park BreweryRockcliffe-Smythe, Toronto, ONEEmily V.
“Beautiful space, and delicious beer. Absolutely I would recommend to have your next event here!” -
![Function Room at Unique Event Space in Downsview-Roding-CFB, Toronto, ON]()
from C$130
hire fee / per hourCheck availabilityFunction Room
150 guestsUnique Event SpaceDownsview-Roding-CFB, Toronto, ONOur Function Room is an open-concept space that can accommodate up to 150 people. You are welcome to bring your own food for a buyout fee, and we provide an alcohol license valid until 2 AM. -
![IP Downtown at Indraprastha Indian Kitchen & Bar Downtown in Kensington-Chinatown, Toronto, ON]()
from C$30
per person / per sessionCheck availabilityIP Downtown
80 guestsIndraprastha Indian Kitchen & Bar DowntownKensington-Chinatown, Toronto, ONOur Indian Kitchen & Bar offers a completely private space on a separate floor within the restaurant, ideal for parties of 50-60 people. This exclusive area comes equipped with music and a projector, as well as a separate -
![The Texas Longhorn Room at Lone Star Texas Grill - Etobicoke in West Humber-Clairville, Toronto, ON]()
from C$600
minimum spend / per sessionCheck availabilityThe Texas Longhorn Room
150 guestsLone Star Texas Grill - EtobicokeWest Humber-Clairville, Toronto, ONLocated close to the International Centre, Toronto Congress Centre, and numerous airport hotels, our venue is an ideal choice for your next event. Enjoy our famous fajitas and margaritas in a vibrant and welcoming atmosphere -
![Event Space at Chic Corporate Space in Bedford Park-Nortown, Toronto, ON]()
from C$200
hire fee / per hourCheck availabilityEvent Space
20 guestsChic Corporate SpaceBedford Park-Nortown, Toronto, ONWelcome to our versatile space where elegance meets functionality, designed to cater to both business and wellness needs. This multifaceted space effortlessly transforms to match the tone of your event, be it professional -
![Tonic House Patio at Sweat and Tonic in Fashion District, Toronto, ON]()
from C$250
hire fee / per hourCheck availabilityTonic House Patio
40 guestsSweat and TonicFashion District, Toronto, ONThe Tonic House Patio at Sweat and Tonic is a versatile event space in downtown Toronto, perfect for small gatherings of up to 40 guests. Featuring a long communal table, flexible seating, and a TV for presentations or entertainment, -
![Pacific room at The Miller Tavern Yonge (Uptown) in Bridle Path-Sunnybrook-York Mills, Toronto, ON]()
from C$1500
minimum spend / per sessionCheck availabilityPacific room
45 guestsThe Miller Tavern Yonge (Uptown)Bridle Path-Sunnybrook-York Mills, Toronto, ONThe largest of our private rooms accommodates up to 40 seated guests or 45 people in cocktail style, and features exposed brick walls and a fireplace for a nice experience. -
![Lower Level Dining Room at The Miller Tavern Yonge (Uptown) in Bridle Path-Sunnybrook-York Mills, Toronto, ON]()
from C$6000
minimum spend / per sessionCheck availabilityLower Level Dining Room
150 guestsThe Miller Tavern Yonge (Uptown)Bridle Path-Sunnybrook-York Mills, Toronto, ONThe lower level of Miller Tavern Yonge offers a space for cocktail-style receptions. It has a bar as the focal point and accommodates up to 150 guests in a relaxed setting, perfect for corporate mixers, birthday celebrations, -
![Atlantic Room at The Miller Tavern Yonge (Uptown) in Bridle Path-Sunnybrook-York Mills, Toronto, ON]()
from C$1250
minimum spend / per sessionCheck availabilityAtlantic Room
25 guestsThe Miller Tavern Yonge (Uptown)Bridle Path-Sunnybrook-York Mills, Toronto, ONThis room can seat 24 guests or 25 in cocktail style, and it features the building's original fireplace and exposed brick walls as well, adding character to the space.
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FAQs about Top Affordable Function Rooms in Toronto, ON
The cost of affordable function rooms in Toronto averages around C$100 hire fee per hour. 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 October 2025:
| From C$85 | to C$160 | hire fee per hour |
| From C$1000 | to C$2000 | minimum spend per event |
| From C$500 | to C$1200 | hire fee per day |
Based on the popularity and user ratings on Tagvenue (updated October 2025), the best options include:
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ZenDen Room at Alternity in University - rated 5/5
Our user said: ‘Furthermore, the venue was clean, accessible, and many amenities that were perfect for our event and audience.’ -
Tropical Themed Space at TacoTaco in Kensington Market - rated 4.9/5
Our user said: ‘We even had a space to put our postcard guestbook, which was a big hit.’ -
Lounge at The Vista Event Space in Junction Area - rated 4.9/5
Our user said: ‘Great venue. New tables and chairs. New lighting and great ambiance.’
You'll find affordable function rooms 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 (October 2025):
| Small affordable function rooms | up to 30 guests | prices average C$99 hire fee per hour |
| Medium affordable function rooms | between 40 and 60 guests | prices average C$100 hire fee per hour |
| Large affordable function rooms | over 80 guests | prices average C$226 hire fee per hour |
These venues are super versatile, so whether you're celebrating a birthday or hosting a casual reunion party, there's something for you. Spaces like Sorry Studio in Liberty Village can hold up to 80 standing guests and are great for relaxed team-building events. You can even bring your own decor to set the mood!
From hourly rentals to full-day bookings, you've got options. Smaller venues, like LAUFT King East, are great for quick meetings or pop-ups (just an hour or two).
For professional events, small meeting rooms like 1RG Space are ideal for private discussions or workshops. If you're hosting an elegant party, lofts like The Vista Event Space in the Junction Area offer a warm atmosphere with a dedicated lounge area. Creative Studios like Media Studio in Bay Street Corridor are fantastic for innovative events or photoshoots. Function halls like The Unity Studio or Wavy Events can hold up to 150 guests for larger celebrations or corporate events.
