Find Affordable Party venues for rent in Toronto, Canada

Home to one of the largest stock exchanges in the world—and widely considered the economic capital of Canada—Toronto has a reputation to live up to. And when it comes to parties, Toronto breaks all expectations.

Whether you're looking for bars or nightclubs to host your party or unique experiences like night visits to museums, hidden cafes, and karaoke rooms, Toronto's got you covered. Host your next event in Toronto's best nightlife spots, from King's Street West to Spadina Avenue. The Entertainment District is where Toronto really comes alive.

If you're looking for a more private affair, you can browse a hand-picked selection of the most outstanding—and budget-friendly—venues in Toronto from the Giggster app. From the app, you can also filter by budget, number of attendees, catering service, and more.

Explore Giggster's curated list of locations and find the venue that resonates the most with you!

Toronto Affordable Party Venues Curated by Giggster

Get firsthand experience of beautiful Victorian-era locations and postmodern architecture in Toronto and make an everlasting impression on your party guests. Find your dream venue with Giggster, give it your personal touch, and make your party the highlight of the year!

• Elevate your party with sophisticated locations and multipurpose spaces—from karaoke rooms and spacious studios to chic spaces and rooftop venues.

• Are you looking for historical landmarks and unforgettable sights? Book a venue in Old Toronto or North York and get your attendees excited before the party with a tour of the local landmarks.

• A cozy cafe with a hidden garden in the middle of the city? Invite friends and make it your place!

• Book a timeless Victorian house and go back in time. From Queen Street to King Street, browse all the options from the Giggster app.

Incredible Affordable Party Venues in Toronto Start at $20/hour

Exceptional Variety & Quality: From award-winning venues with funky lighting and gorgeous hardwood floors to chic, roomy spaces with plenty of natural lighting. Giggster's list of 642 unique locations makes it very easy to find the right match for you.

Hassle-Free Booking: From the Giggster app, you can browse all available locations, check detailed information—like pricing and capacity—and book the venue. Prices start at just $20/hour.

24-Hour Free Cancellation Policy: We understand the unexpected strikes. With our cancellation policy, you can reschedule your event for free if you notify us at least 24 hours in advance.

Platform Protections: As an additional security measure, you can opt-in for an insurance package that covers damages and liability. While not mandatory, we recommend it if you're looking to book one of our featured venues like Junction Lounge.

Pros and Cons of Affordable Parties in Toronto

Toronto is the largest metropolitan area in Canada and a major economic hub, housing one of the largest stock exchanges in the world. With more than 6.6 million residents and a healthy influx of tourists all year round, only a few places can compare to Toronto when it comes to parties.

Advantages

• Being the economic capital of Canada and home to one of the largest stock exchanges in the world, Toronto's nightlife is just as diverse and rich.

• As the most populated metropolitan area in the country, Toronto's nightlife has to cater to a very wide audience, meaning you're sure to find your dream venue.

• From Toronto to outlying Greater Toronto Areas like Hamilton and Durham, Toronto's expansive public transportation means all your attendees will be able to get there easily.

Disadvantages

• From early December to the middle of March, freezing temperatures can put a damper on most outdoor activities. In the colder months, look for an indoor venue instead.

• Getting a permit for your party can be a long process if you're doing it on your own.

• Toronto consistently ranks among the three most expensive cities in Canada, so picking the right venue for your budget becomes even more important.

The Best Type of Venue for Your Party in Toronto

You're ready to start looking for venues but unsure where to begin. What does your dream venue look like? With Giggster, you can access a curated list of the 642 best locations and find the most affordable options.

Karaoke Night – Americana Style. If you're looking for an old-school space that celebrates North American history and cultural heritage, Toronto might just be the place. You can find the most stylish venues nestled beautifully between the Royal Ontario Museum and the Museum of Contemporary Art, just five minutes from Ossington Station.

Victorian Houses – Travel Back in Time. Are you looking for beautiful wooden pine floors and chandeliers? Oversized windows and stunning natural lighting? Conveniently located in the Entertainment District, from Queen Street to King Street West, you can book a vintage Victorian house and make it a memorable event.

Corporate Event Space – Exotic & Colourful. For corporate events or a small business meeting, you may want a more sophisticated and private experience. From chic and expansive areas to versatile multipurpose spaces, Old Toronto has it all. If your attendees are foreigners, even better. They'll love St. Lawrence Marketplace, the Distillery District (located in Toronto's financial district), and all the stunning historical landmarks.

Cafe – A Tropical Escapade. There are a couple of very unique spots in Toronto. Book a colorful South Indian-inspired cafe that offers attendees a tropical escape from the metropolis, even for just a few hours.

How to Plan an Affordable Party in Toronto

Toronto is known as the financial capital of Canada, but it is also known for its dynamic and vibrant nightlife and rich cultural heritage, from museums, theaters, and galleries to bars, nightclubs, and cafes. In Toronto, you won't lack options to host a party. The difficulty is often in the planning—here's how to get started.

Determine the Budget – Between booking a venue, catering, and decorations, party expenses can quickly grow out of control. The first step to planning any successful party is to determine your budget—even before looking at venues—and stick to it.

Select the Venue – After determining your budget, it's time to have some fun. From Victorian-era houses and sophisticated venues in Old Toronto to cafes and karaoke in the Entertainment District, Giggster makes it easy to browse the 642 best locations for your party in Downtown Toronto.

Entertainment – Different venues have different rules regarding sound levels and entertainment. Keeping that in mind, you'll want to hire a DJ or captivating live music to brighten the atmosphere. Try your hand at DJing, or look for local bands for more budget-friendly options.

Catering – Part of being a good host is foreseeing what your attendees will need to have a good time. Whether you're hiring a caterer or doing it yourself to reduce expenses, make sure your attendees are well taken care of in your party venue and they won't forget it.

Saving Money on a Party in Toronto

Planning your first event can be a difficult affair—there are so many moving parts that seem out of your control. Here are some tips to help you spend your money wisely and effectively so you can focus more on making your event an extraordinary occasion.

Stick to your budget.

It's easy to get sidetracked if you don't have a clear budget. Account first for unavoidable expenses and let your imagination loose with the rest. Otherwise, you may end up spending more than you should on a venue, having lackluster entertainment, or not having enough refreshments for your attendees. Plan ahead and make it a memorable night!

Are you getting the most out of the venue?

When booking a venue, think about what amenities you will realistically use and avoid overlaps. Does the venue offer a sound system? Does the band you hired also include a sound system in their initial quote? You may want to negotiate with both parties and see if you can reach an agreement—and save some money in the process. Also check if you really need a large venue, since small party venues are a much cheaper option.

When should you book a venue?

How much flexibility do you have for your event? A birthday party, holiday parties, or special date celebrations may not have much flexibility, but booking in advance will save you more than you think. If you have more flexibility, plan for off-peak and midweek days—or when there's less demand. Book your private event space only when you're absolutely convinced it's the right fit!

Toronto Affordable Parties with Giggster

You don't have to spend a lot to find the most stunning and affordable event venue in Toronto. With the Giggster app, you can explore a list of the most outstanding party venues in Toronto, from mainstream clubs, pubs, and bars to rooftop venues, cafes with hidden patios, and Victorian-era-inspired venues.