Craving quirky snack bars, live music venues with cocktails, or the best brewery in Toronto? Hold your horses! There is no need to Google for hours or bombard your friends with questions about the city's best hangouts. We're here with the top cheap bars in Toronto. With over 700 bars and 1,000 pubs, Toronto has enough watering holes to satisfy even the most picky drinkers. From local wineries to trivia bars, there's something for everyone. So, grab your glass of Prosecco (or a pint of beer) and join us as we discover the city's best budget-friendly bars for your next night out! Cheers!
In Toronto, prices of cheap bars average C$2000 minimum spend per event. Costs vary depending on guest capacity, popularity, location, and amenities like sound systems or bar services. Extra charges may apply for custom catering, decor, or event planning services. Packages with add-ons, such as DJs, photo booths, or other entertainment services, can also increase the overall cost. Check out the typical price ranges in Toronto, based on Tagvenue data from October 2025:
| From C$1000 | to C$3390 | minimum spend per event |
| From C$34 | to C$85 | per person |
| From C$150 | to C$300 | hire fee per hour |
Based on the popularity and user ratings on Tagvenue (updated October 2025), the best options include:
Entire Space at The Opium Bar
in Little Portugal - rated 4.9/5
Our user said: ‘I hosted a surprise for my partner this past weekend. Michael and all the staff at the bar were excellent.’
Event Space - OnOff Toronto at OnOff Toronto
in Willowdale East - rated 4.9/5
Our user said: ‘Thanks again to his amazing staff and fun bar - would definitely do it again!’
Entire Venue at PAR BAR Topgolf Swing Suite
in Bay Street Corridor - rated 4.8/5
Our user said: ‘I loved everything! Highly recommend to companies with smaller crowds to host their events at Par Bar.’
You'll find cheap bars 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 cheap bars | up to 60 guests | prices average C$1100 minimum spend per event |
| Medium cheap bars | between 80 and 100 guests | prices average C$2200 minimum spend per event |
| Large cheap bars | over 120 guests | prices average C$5000 minimum spend per event |
If you're looking for inexpensive places to grab a drink, here are our top picks:
Bars are spaces that can work for various events, from casual drinks after work with colleagues to milestone celebrations like birthdays and engagements. The suitability of a bar for your event depends on factors such as decor, ambiance, capacity, and food options. You can easily find the perfect bar for your party using our search engine. Feel free to contact the venue manager if you need clarification on a venue. They can provide photos of similar events or discuss available packages, giving you a clearer picture of what your event could look like at their location.