Cocktail Bars for Rent in Toronto, ON

Booking costs of cocktail bars average C$2500 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:

Based on the popularity and user ratings on Tagvenue (updated October 2026), the best options include:

• Tropical Themed Space at TacoTaco in Kensington Market - rated 4.9/5
  Our user said: ‘Guests all had a great time and the bartender was willing to help with all little requests that popped up.’

• Venue at 11:59 Bar:Café in Financial District - rated 4.9/5
  Our user said: ‘We loved the cocktails and food! Our friends were obsessed with the venue and had a great time.’

• Good Fortune Bar at Good Fortune in Mount Pleasant West - rated 4.9/5
  Our user said: ‘I booked Good Fortune Bar for my 30th and it was truly amazing!’

You'll find cocktail 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 2026):

These are the venues within 500 m from central Toronto, available to book on Tagvenue:

• Entire Venue at PAR BAR Topgolf Swing Suite on 525 Bay Street Marriott Downtown at CF Toronto Eaton Centre - 300 m from centre.
  Our user said: ‘I loved everything! Highly recommend to companies with smaller crowds to host their events at Par Bar.’
• Upscale Downtown Event Lounge at Legends Lounge by Studio Of Legends on 110 Queen Street East - 450 m from centre.
  Our user said: ‘The space was clean and well laid out, and looked great especially for the cost.’
• Venue at 11:59 Bar:Café on 70 Temperance Street - 500 m from centre.
  Our user said: ‘We loved the cocktails and food! Our friends were obsessed with the venue and had a great time.’

In Toronto, cocktail bars are most commonly booked for 35 to 70 guests. Here are some popular kinds of events people have hosted at these spaces on Tagvenue, as of October 2026:

You can organize a variety of events at a cocktail bar in Toronto. These venues are perfect for birthday parties, engagement celebrations, corporate events, and casual get-togethers with friends. Cocktail bars offer a stylish and intimate atmosphere that adds a special touch to any gathering. The extensive cocktail menus and skilled bartenders ensure your guests enjoy delicious drinks throughout the event. A cocktail bar provides a chic setting for birthdays and engagements, making the occasion feel extra special. Corporate events benefit from the relaxed yet professional environment, ideal for networking and team building. Casual get-togethers become memorable nights out with the inviting ambiance and top-notch service.

King West has a variety of bars offering great happy hour deals. Queen Street West has a mix of trendy and laid-back spots with beautiful cocktail spots at reasonable prices. Kensington Market offers a bohemian vibe with unique, budget-friendly bars in a more relaxed setting. In Little Italy, you can enjoy the lively atmosphere of different cocktail bars, perfect for a fun night out.

Here are some ideas to make your event fun:

• Speakeasy Night: Capture the essence of the Prohibition era with vintage decor, jazz music, and classic cocktails like Old Fashioneds and Sidecars. Perfect for engagement parties or corporate events.
• Tropical Escape: Turn the cocktail bar into a beachy paradise with tiki torches, Hawaiian leis, and fruity cocktails like Mai Tais and Piña Coladas. It’s a good choice if you are planning an outdoor birthday party or casual gathering.
• Glamorous Hollywood: Roll out the red carpet and celebrate like a star with elegant decor, sparkling cocktails, and a photo booth. It’s  great for anniversaries or milestone celebrations, making your guests dress up and having fun memories.
• Mystery Masquerade: Add an air of intrigue with masks, dim lighting, and themed cocktails. This theme suits both formal and casual events, adding a unique twist to any occasion.