Fantastic party venues are waiting for you in Downtown Toronto! Hosting an event where urban sophistication meets exciting nightlife is absolutely within reach. Whether you're planning a grand celebration or a more intimate gathering, Downtown Toronto offers a range of options. You’ll discover chic loft spaces, stunning rooftop bars, and stylish lounges just waiting for you! Plus, you'll be close to iconic landmarks like the CN Tower and the Toronto Eaton Centre. Ready to find the right spot? With Tagvenue, exploring and booking top party venues in Downtown Toronto is effortless!
In Downtown Toronto, prices of party venues average C$135 hire fee per hour. 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 Downtown Toronto, based on Tagvenue data from October 2025:
| From C$90 | to C$275 | hire fee per hour |
| From C$750 | to C$8000 | minimum spend per event |
| From C$600 | to C$1800 | hire fee per event |
Based on the popularity and user ratings on Tagvenue (updated October 2025), the best options include:
The Moonlight Lounge at TacoTaco
in Kensington Market - rated 4.9/5
Our user said: ‘Was a perfect location for hosting a 30th birthday party. Luan and his team were very kind and patient.’
Main studio / Event room at Diptych Studio
in Entertainment District - rated 4.8/5
Our user said: ‘Great space, lots of means to take care of a full party of people, and Dylan was very kind and understanding.’
Downtown 1800 sqft Open Space at Shvrk Studio Queen W
in Kensington-Chinatown - rated 4.8/5
Our user said: ‘All my guests loved it and a few even mentioned that it's going to be their go-to party venue.’
You'll find party venues 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 Downtown Toronto, together with the standard prices in each size range, based on Tagvenue data (October 2025):
| Small party venues | up to 50 guests | prices average C$90 hire fee per hour |
| Medium party venues | between 70 and 110 guests | prices average C$219 hire fee per hour |
| Large party venues | over 130 guests | prices average C$8000 minimum spend per event |