image of the planet traveler hostel one of the best, affordable hostels in toronto

Best Affordable Hostels in Toronto

You may be travelling on the cheap but there is no reason why you can’t have a safe, clean place to stay and build friendships with other travellers. With that in mind, here are six of the best, affordable hostels in Toronto.


Discounts on things to do in Toronto? Check Groupon.

Visit the Toronto Groupon page and you’ll find savings of 50-90% on tours, boat cruises, theatre tickets, comedy clubs, activities, dinner spots and accommodations.

More ideas: Cheap, Fun Things to See & Do in Toronto


Cheap hostels located in downtown Toronto

A TripAdvisor Certificate of Excellence winner, Planet Traveler has many pluses going for it.

First and foremost is its downtown location which puts you in the centre of where many of Toronto’s top attractions are located.

Another aspect that makes it one of the best, affordable hostels in Toronto is how it helps visitors get to know their fellow travellers by organizing events such as free BBQs, pasta nights, karaoke and bar crawls.

And when you drag your weary body back after a day of sightseeing you can relax knowing there are amenities such as clean showers, a bathroom in each room, electrical plug-ins in your locker and by your bed, a spacious common area with a fireplace and free popcorn to munch on.

Oh, and there’s a great breakfast that runs till 1:00 PM so you can sleep in and not worry about missing your morning fuel up.

Value-priced hostels just a few subway stops from downtown Toronto

What thrifty tourist doesn’t appreciate a free breakfast? That’s what you get when you stay at The Only Backpackers Inn.

Rated four out of five on TripAdvisor, this priced-right hostel is just six subway stops from downtown Toronto.

Rooms are clean and feature storage space for your bags and lockers for smaller items.

The hostel is owned by the people who run a funky café and bar that’s in the bottom of the building, this makes for a great hangout spot whether you’re starting your day or ending it, and don’t forget that complimentary waffle breakfast each morning.

If visiting Toronto during the summertime, why not stay at the University of Toronto College Residences?

A student dorm during the school year months, this affordable ‘hostel’ has all the basics covered and a four out of five rating on TripAdvisor.

Accommodations are clean and safe, you’re close to the subway which means downtown city attractions are just minutes away and, as an added bonus, Toronto’s Chinatown is within a short walk.

A third affordable hostel option to consider if you don’t mind subwaying in to the city’s downtown core is the College Backpackers hostel.

To entice you to stay they offer up an all-you-can-eat buffet breakfast.

It boasts a brand new kitchen and living room as well.

Public transit is easily accessible, and there are restaurants and funky places to shop nearby too. And it has a three out of five rating on TripAdvisor.

Want to do some more research on affordable Toronto hostels?

Take your search for an affordable Toronto hostel a little deeper by spending some time exploring HostelWorld.com.

Need a break from staying in a hostel?

Click on the links below:

Don’t forget to Check Groupon for Toronto Hotel Deals

ad for Groupon, another way to save on cheap things to do in torontoOne great way to save on Toronto hotel accommodations is to peruse Groupon, the money-saving website that features local discounts in 150 cities.

Visit Groupon and you can find savings of up to 50% on places to stay when visiting Hog Town.

Groupon is a smart place to start when you’re first planning your trip and even when you’re in the middle of your Toronto visit because new deals get added weekly and even daily many times.

Be thrifty and practical! This information was accurate when published, but can change without notice. We recommend you confirm all details with the provider in question before planning your excursion.

Photo Credit: TripAdvisor