Lounges for Rent in Toronto, ON

The cost of lounges averages around C$3300 minimum spend per event. 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:

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

• The Moonlight Lounge at TacoTaco in Kensington Market - rated 4.9/5
  Our user said: ‘We threw a 1970s style birthday party complete with a band, and the Moonlight Lounge was the perfect venue.’

• Venue at 11:59 Bar:Café in Financial District - rated 4.9/5
  Our user said: ‘11:59 was amazing! It was the perfect location for our company to do our Toronto office launch event.’

• Dance Floor Proximity Area at Zui Beer Bar Ktown in Palmerston-Little Italy - rated 4.8/5
  Our user said: ‘Small confusion upon arrival to venue but staff quickly helped to get everything sorted.’

You'll find lounges 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 (November 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: ‘Venue: well-kept facilities, clean, big TVs, large bar, lots of space for people to move or sit around.’
• Upscale Downtown Event Lounge at Legends Lounge by Studio Of Legends on 110 Queen Street East - 450 m from centre.
  Our user said: ‘Everyone I had was comfortable and there would've been easily enough space for twice as many people.’
• Venue at 11:59 Bar:Café on 70 Temperance Street - 500 m from centre.
  Our user said: ‘11:59 was amazing! It was the perfect location for our company to do our Toronto office launch event.’

Smaller lounges usually fit up to 40 guests. Here are some great options in Toronto, based on Tagvenue data as of November 2026:

• Entire Lounge at t-buds - lounge for 26 guests
  Venue said: t-buds is a popular venue for bridal & baby showers, corporate events, birthday & holiday parties, networking events, office parties, meet-up groups and more.

• Pharmacy Bar at Pharmacy Bar, rated 4.8/5 - bar for 40 guests
  Our user said: ‘The venue was fantastic and cool, everyone had a good time.’

• Front Space at Super Bargain Cocktail and Snack Bar, rated 5/5 - bar for 30 guests
  Venue said: Ideal for: Small social groups seeking a compact, lively space for informal standing-and-dancing gatherings.

Cheap lounges in Toronto start from C$30 per person or C$75 hire fee per hour. Check out these budget-friendly spaces you can book through Tagvenue, as of November 2026:

• Entire Venue at The Dopamine Lounge, from C$30 per person (up to 450 guests standing)
  Our user said: ‘This was a great venue. The staff were very willing to help us will all our needs throughout the day.’

• Front Space at Super Bargain Cocktail and Snack Bar, from C$75 hire fee per hour (up to 30 guests standing)
  Venue said: Ideal for: Small social groups seeking a compact, lively space for informal standing-and-dancing gatherings.

• Entire Venue at The Boardroom CAFE, from C$200 hire fee per event (up to 50 guests seated)
  Venue said: Our space offers two floors, plus a private room where guests can use a TV & a karaoke machine privately with their friends or even alone. The private room is called the Cloud room, having our ceiling covered in a cloud like...

In Toronto, lounges are most commonly booked for 40 to 100 guests. Here are some popular kinds of events people have hosted at these spaces on Tagvenue, as of November 2026: