Large Event Venues for Rent in Toronto, ON

The cost of large event venues averages around C$219 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 December 2025:

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

• Activity Space at S3PACE in Hillcrest Village - rated 5/5
  Our user said: ‘Fiona was great at assisting us in every way. The space was very spacious.’

• Entire Studio at The Luna Studios in Thorncliffe Park - rated 4.8/5
  Our user said: ‘Nice venue for a small event. Love the flower wall addition.’

• First Floor at Foy House in The Village - rated 4.8/5
  Our user said: ‘It's an older Toronto home with fun lighting, and plenty of space.’

These are the venues within 850 m from central Toronto, available to book on Tagvenue:

• Serene Downtown Event Space at The Morpheus Clinic for Hypnosis on 49 Elm Street - 500 m from centre.
  Our user said: ‘Very helpful. Space was beautiful.’
• Versatile Event Space at Startuptive on 123 Edward St (2nd Floor), Toronto, ON 123 - 650 m from centre.
  Our user said: ‘Allover great place for a small event With good host...’
• King York Terrace & Lounge at iQ Offices - 150 King Street West on 150 King Street West #200 - 850 m from centre.
  Venue said: Located in the heart of Toronto's financial district, 150 King Street West is a modern architectural masterpiece that houses iQ Offices. The second, third, and seventh floors of the building have been imaginatively designed...

The largest event venues in the Toronto area are clustered together along the lakefront. Hunt around Old Toronto and the Entertainment District for large venues that run the gamut from halls and atmospheric event spaces to massive convention centres. Look also towards Pearson Airport for banquet halls and large hotels.

Belmont Event Space in West Humber-Clairville is one of the closest large-capacity venues to Pearson Airport. With space for up to 350 guests seated or standing, it's suitable for weddings, banquets, and corporate functions. It operates on a minimum spend model starting at around C$3000 per session.

The Warehouse Event Venue, located in Downsview-Roding-CFB, is another nearby option and among the largest, accommodating up to 1000 standing guests. Its hire fee starts at C$4000 per day and it’s ideal for large conferences, trade shows, or major celebrations.

For smaller large-scale events, Ballroom Expressions Dance Studio in Mount Dennis and LaunchHub Space in Markham offer capacities of 150 and 130, respectively, and are also within a 30–40 minute drive from the airport.

• Check if the venues on offer are priced per hour or per session.
• If you plan to host a quick event, then booking the space where you pay per hour is going to be the most cost-efficient choice. If you need the whole day, however, then booking the locale for the whole day is a much better option.
• As for reducing the price, you can look for locations that are a bit further away from the city centre and are cheaper.
• Also, renting during off season and on weekdays makes the process more budget-friendly.
• Last but not least, think about how you want to serve the food and refreshments, and decide if you can reduce the price on them in any way (just make sure the quality doesn’t fall too hard).