When it comes to finding cheap event venues, the city is teeming with options just waiting to be discovered. From cosy cafes in Yorkville to elegant halls in Scarborough and excellent restaurants in the Downtown Core, there's a spot for every occasion. Don't fret about going over budget—Tagvenue's here to help! With our platform, you can effortlessly browse through extensive listings of affordable venues, compare prices, and book your perfect space hassle-free.
The cost of cheap event venues in Toronto averages around C$170 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 C$95 | to C$294 | hire fee per hour |
From C$49 | to C$110 | per person |
From C$1800 | to C$3000 | minimum spend per event |
When it comes to inexpensive venue rentals in Toronto, there are several districts that are a go-to for our customers. The Distillery District offers a great selection of blank canvas venues, which are usually on the cheaper side since you only pay for space itself. Anywhere in Downtown or Midtown is also a popular option, since both of these areas are very accessible via public transport.
Toronto offers a variety of affordable event venues that cater to different preferences and budgets. You can explore options such as community centres, local parks with rentable spaces, libraries with meeting rooms, and cultural centres. Additionally, some restaurants, cafes, and bars offer event spaces at reasonable rates, especially during off-peak hours. Another option is to consider unconventional venues like art galleries, warehouses, or even rooftop spaces, which may offer competitive pricing for events.
From low-cost lounges and charming cafes to flexible studios and budget-friendly banquet halls, the city is full of hidden gems that offer style, character, and value. Whether you’re throwing a birthday bash, hosting a team offsite, or celebrating a milestone, it’s easy to find affordable event spaces that suit your style and your wallet.
Downtown Core
While iconic and central, downtown venues can get pricey. But if you look just beyond the Financial District, in areas like Church Street or Kensington Market—you’ll find smaller restaurants, bars, and studios offering competitive rates and unique vibes.
Top Pick: Cecil Community Centre, Kensington-Chinatown
West Queen West & Ossington
Toronto’s arts district is perfect for creative events. From minimalist lofts to independent galleries, this area offers cool, Instagram-worthy spaces, often at a fraction of the cost of traditional venues.
Top Pick: Diptych Studio, Entertainment District
North York & Scarborough
These suburban districts are ideal for budget-conscious event planners. Think larger spaces, lower rental fees, and more parking. Check Scarborough Town Centre or Sheppard Ave for flexible venues with solid amenities.
Top Pick: Leng Keng, York University Heights
Leslieville & Riverside
These east-end neighbourhoods offer stylish yet affordable venues, ideal for intimate weddings, family gatherings, or workshops. Carlaw Ave is especially known for its converted studios and warehouse-style venues.
Top Pick: Leaside Studio, Leaside-Bennington
Yes, there are plenty of budget-friendly venues in downtown Toronto that offer great value along with flexibility. Here are three standout options:
Yes, many cheap venues in Toronto still offer essential amenities like tables, chairs, Wi-Fi, and flexible layouts. For example:
Toronto offers a wide range of venue types to suit different event needs.
Studios and lofts are ideal for workshops, photo shoots, and small parties thanks to their flexible layouts.
Community centres provide budget-friendly options for weddings and local fundraisers.
For birthdays, brunches, or dinners with custom menus, cafes and restaurants are a great choice. If you're planning a large celebration, banquet halls are perfect for big guest lists, cultural events, and corporate parties.
Event spaces in offices work well for seminars, meetings, and team-building activities, while art galleries offer a creative setting for networking events or product launches. Finally, outdoor patios are perfect for summer parties and relaxed get-togethers.
Event planning doesn’t have to break the bank. With a little creativity—and the right tools—you can pull off a stylish, fun, and unforgettable event without stretching your budget. Browse Toronto’s top affordable venues on Tagvenue today, and get ready to bring your vision to life for less.