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Top Party Spaces in Downtown Toronto, ON
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!
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![Main studio / Event room at Diptych Studio in Entertainment District, Downtown Toronto, ON]()
from C$120
hire fee / per hourCheck availabilityMain studio / Event room
150 guestsDiptych StudioEntertainment District, Downtown Toronto, ON
#Supervenue
LLatesha
“I loved everything about this place or was perfect for the intimate private party I hosted.” -
![The Moonlight Lounge at TacoTaco in Kensington Market, Downtown Toronto, ON]()
from C$65
hire fee / per hourCheck availabilityThe Moonlight Lounge
194 guestsTacoTacoKensington Market, Downtown Toronto, ON
#Supervenue
NNick P.
“We threw a 1970s style birthday party complete with a band, and the Moonlight Lounge was the perfect venue.” -
![Downtown 1800 sqft Open Space at Shvrk Studio Queen W in Kensington-Chinatown, Downtown Toronto, ON]()
from C$140
hire fee / per hourCheck availabilityDowntown 1800 sqft Open Space
80 guestsShvrk Studio Queen WKensington-Chinatown, Downtown Toronto, ON
#Supervenue
CCarina M.
“Rented this space for my birthday party and had a great experience overall.” -
![Tropical Themed Space at TacoTaco in Kensington Market, Downtown Toronto, ON]()
from C$1125
minimum spend / per eveningCheck availabilityTropical Themed Space
50 guestsTacoTacoKensington Market, Downtown Toronto, ON
#Supervenue
SSheila R.
“We rented the Moonlight Lounge in the back of Taco Taco for my 60th birthday party, with about 70 guests.” -
![Main Room at Mezcalero in University, Downtown Toronto, ON]()
from C$3500
minimum spend / per sessionCheck availabilityMain Room
120 guestsMezcaleroUniversity, Downtown Toronto, ONNNicole K.
“We all had such a great time and would recommend this venue to anyone looking for an inviting party space !” -
![First Floor at Foy House in The Village, Downtown Toronto, ON]()
from C$150
hire fee / per hourCheck availabilityFirst Floor
60 guestsFoy HouseThe Village, Downtown Toronto, ON
#Supervenue
SSamira R.
“The place was amazing. We had our wedding party at Foy House and it was done perfectly.” -
![Versatile Event Space at Startuptive in Bay Street Corridor, Downtown Toronto, ON]()
from C$289
hire fee / per hourCheck availabilityVersatile Event Space
100 guestsStartuptiveBay Street Corridor, Downtown Toronto, ON
#Supervenue
DDorina S.
“The location was perfect. Everything that I wanted for the venue of my party. Full kitchen.” -
![Isabella Dining Room at Foy House in The Village, Downtown Toronto, ON]()
from C$50
hire fee / per hourCheck availabilityIsabella Dining Room
20 guestsFoy HouseThe Village, Downtown Toronto, ON
#Supervenue
EE. R.
“Foy Dining Room is a beautiful, spacious room—it was the perfect place to host my 30th birthday party!” -
![Prime Luxury Space 3800 sqft at Wavy Events in Kensington-Chinatown, Downtown Toronto, ON]()
from C$325
hire fee / per hourCheck availabilityPrime Luxury Space 3800 sqft
150 guestsWavy EventsKensington-Chinatown, Downtown Toronto, ONAAustin G.
“Had the most incredible experience hosting our engagement party at Wavy Venue.” -
![Event Venue at The Kensington Room in Kensington Market, Downtown Toronto, ON]()
from C$180
hire fee / per hourCheck availabilityEvent Venue
150 guestsThe Kensington RoomKensington Market, Downtown Toronto, ON
#Supervenue
WWinnie T.
“I hosted a big birthday party at this venue and could not have been happier with the experience.” -
![Entire Mansion at Foy House in The Village, Downtown Toronto, ON]()
from C$300
hire fee / per hourCheck availabilityEntire Mansion
60 guestsFoy HouseThe Village, Downtown Toronto, ON
#Supervenue
LLy N.
“This is the second year we've hosted our corporate holiday party at Foy House.” -
![Foy Dining Room at Foy House in The Village, Downtown Toronto, ON]()
from C$50
hire fee / per hourCheck availabilityFoy Dining Room
20 guestsFoy HouseThe Village, Downtown Toronto, ON
#Supervenue
TTamara
“Our host went out of her way to make sure we had everything we needed and the party was a great success.”
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FAQs about Top Party Spaces in Downtown Toronto, ON
Booking costs of party venues average C$140 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 C$85 | to C$300 | hire fee per hour |
| From C$1500 | to C$8000 | minimum spend per event |
| From C$339 | to C$1800 | hire fee per event |
Based on the popularity and user ratings on Tagvenue (updated September 2026), the best options include:
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The Moonlight Lounge at TacoTaco in Kensington Market - rated 4.9/5
Our user said: ‘I had the absolute BEST 30th birthday party at The Moonlight Lounge!’ -
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 (September 2026):
| Small | up to 50 guests | prices average C$85 hire fee per hour |
| Medium | between 65 and 100 guests | prices average C$150 hire fee per hour |
| Large | over 150 guests | prices average C$750 hire fee per hour |
Based on Tagvenue data (as of September 2026), users looking for party venues most commonly go for these venue types:
| Event Space | prices average C$289 hire fee per hour | typically between 60 and 170 guests |
| Restaurant | prices average C$3000 minimum spend per event | typically between 45 and 120 guests |
| Photo Studio | prices average C$120 hire fee per hour | typically between 55 and 80 guests |
| Dining Room | prices average C$3000 minimum spend per event | typically between 10 and 25 guests |
| Photo / Film Studio | prices average C$120 hire fee per hour | typically between 15 and 40 guests |
Cheap party venues in Downtown Toronto start from C$55 hire fee per hour or C$20 per person. Check out these budget-friendly spaces you can book through Tagvenue, as of September 2026:
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ZenDen Room at Alternity, from C$55 hire fee per hour (up to 60 guests standing)
Our user said: ‘I feel like it's the best kept secret in Toronto. FANTASTIC venue. FANTASTIC staff. FANTASTIC price point.’ -
Inside Area at One Eyed Jack Restaurant & Bar Toronto, from C$20 per person (up to 170 guests standing)
Venue said: Whether you're planning a sports viewing party, casual dinner, or celebratory gathering, this space is versatile and designed to host memorable events. -
The Spadina Room at The Social 460, from C$600 hire fee per day (up to 70 guests standing)
Venue said: The venue also has a private courtyard for outdoor receptions and cocktail hours. It can accommodate all group sizes, ranging from small private parties to large scale events.
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Verified Reviews of Party Venues in Downtown Toronto, ON
Page last updated in September 2026
To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.