10+ Cheap Hotels Near CN Tower

Need budget-friendly hotels near the CN Tower? There are plenty of affordable options that offer clean rooms and modern amenities at a low price. The budget hotels are conveniently located near the top activities, making them perfect for the frugal traveler. Explore Toronto’s top attractions and spend less on hotels.

10+ Cheap Hotels Near CN Tower:

The Rex Hotel

The Rex Hotel is a budget-friendly option in downtown Toronto with live jazz and blues daily. It’s perfect for visitors who must be in the thick of things without paying an arm and a leg. The rooms are tiny, no-frills, and intimate. And the pub-style restaurant dishes out hearty meals, and the location puts you within walking distance of big attractions, so it’s a bargain for a good time.

Website: The Rex Hotel
Location: 194 Queen Street W, Toronto
Price: From $84 per night
Reservation Phone: +1 (416) 598-2475
Distance from CN Tower: 1.2 km

RiverStays – The York

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RivetStays offers budget-friendly short-term housing in Toronto, equipped with the basics like free Wi-Fi, kitchenettes, and comfortable spaces. They have an easy booking process and guarantee the best prices. With locations near public transit and tourist spots, it’s a great choice for visitors who value convenience at a lower price.

Website: RivetStays
Location: 12 York Street, Toronto
Price: From $125 per night
Reservation Phone: +1 (647) 788-8888
Distance from CN Tower: 0.5 km

Hotel Ocho

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Hotel Ocho is a boutique gem in a historic building right in downtown Toronto. You’re just a short walk from cool spots like Kensington Market and Chinatown. The hotel’s cozy vibe includes a bar with over 50 whiskey options and daily specials. It’s a great base for exploring, offering comfort and style without the high price tag.

Website: Hotel Ocho
Location: 195 Spadina Avenue., Toronto
Price: From $119 per night
Reservation Phone: +1 (416) 593-0885
Distance from CN Tower: 1.5 km

Royal Oak Inn

Royal Oak Inn is a cheap and cheerful choice in downtown Toronto. The rooms are simple but comfortable, with free Wi-Fi, air conditioning, and cable TV. You’re close to Ryerson University and major attractions like Yonge-Dundas Square. It’s perfect for travelers who want a no-fuss, affordable place to stay with all the basics covered.

Website: Royal Oak Inn
Location: 376 Dundas St E, Toronto
Price: From $92 per night
Reservation Phone: +1 (416) 551-2800
Distance from CN Tower: 3.0 km

Filmores Hotel

Filmores Hotel is an affordable option downtown, with easy access to sports, arts, and tourist activities. Cable TV is available in the rooms, and facilities consist of a restaurant, laundry, and 24-hour security. It even features a “Gentleman’s Club” on street level, offering a character-rich ambiance. Ideal for those seeking a low-cost stay with some thrills.

Website: Filmores Hotel
Location: 212 Dundas Street East, Toronto
Price: From $122 per night
Reservation Phone: +1 (416) 921-2191
Distance from CN Tower: 2.6 km

The Clarence Park

The Clarence Park is a budget hotel offering private and dorm rooms in downtown Toronto. It’s recently renovated, giving you a cozy and value-for-money experience in walking distance of shops, restaurants, and attractions. With excellent amenities and a central location, it’s perfect for travelers who want to stretch their dollars without compromising the convenience of being close to everything.

Website: The Clarence Park
Location: 7 Clarence Park, Toronto
Price: From $45 per night
Reservation Phone: +1 (416) 591-7387
Distance from CN Tower: 0.8 km

Alexandra Hotel

The Alexandra Hotel offers affordable and comfortable rooms in the center of Toronto. The rooms feature a kitchenette, two beds, air conditioning, cable flat-screen TV, free internet, and private bathroom. A daily or weekly housekeeping service is offered to make it easy for visitors. The hotel enjoys good streetcar and subway access, which makes it easy to move around the city.

Website: Alexandra Hotel
Location: 77 Ryerson Ave, Toronto
Price: From $90 per night
Reservation Phone: +1 (416) 504-2121
Distance from CN Tower: 2.1 km

The Planet Traveler Hostel

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Planet Traveler Hostel is a vibrant, eco-friendly hostel in the center of Toronto, close to trendy neighborhoods. It has free breakfast, free Wi-Fi, a rooftop patio, and a dog-friendly environment, so it’s perfect for travelers on a budget who like to mingle. And since it’s in the middle of everything, it’s easy to get to the city’s top sights.

Website: The Planet Traveler Hostel
Location: 357 College Street, Toronto
Price: From $55 per night
Reservation Phone: +1 (647) 352-8747
Distance from CN Tower: 2.6 km

Executive Hotel Cosmopolitan

Executive Hotel Cosmopolitan combines luxury with affordability, located just off downtown’s entertainment and financial districts. It boasts trendy rooms, a fitness center, free Wi-Fi, and a relaxing spa. With convenient proximity to Union Station, it’s ideal for business and leisure travelers in search of comfort at budget-friendly prices.

Website: Executive Hotel Cosmopolitan
Location: 8 Colborne, Toronto
Price: From $159 per night
Reservation Phone: +1 (416) 350-2000
Distance from CN Tower: 1.3 km

Samesun Toronto

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Samesun Hostels provides an excellent budget option in Toronto with breakfast included, Wi-Fi, and social environment. You’ll get all you need in dorms or private rooms at a low cost. The hostel is lively with its bar, kitchen, and daily activities, providing a perfect option for travelers who wish to meet people and save money.

Website: Samesun Toronto
Location: 278 Augusta Ave, Toronto
Price: From $123 per night
Reservation Phone: +1 (416) 929-4777
Distance from CN Tower: 2.6 km

The Saint James Hotel

The Saint James Hotel offers affordable comfort in a prime downtown location. With modern rooms, complimentary Wi-Fi, and easy access to public transit, it’s a great option for budget-conscious travelers. Guests can enjoy a hassle-free stay near shopping districts, dining spots, and top Toronto attractions.

Website: The Saint James Hotel
Location: 26 Gerrard Street East, Toronto
Price: From $130 per night
Reservation Phone: +1 (416) 645-2200
Distance from CN Tower: 1.5 km

Traveling on a budget doesn’t mean compromising comfort or convenience. These cheap hotels near CN Tower offer affordable stays without sacrificing quality, making them perfect for the frugal traveler. Enjoy easy access to Toronto’s top attractions while keeping your accommodation costs low. After settling in, warm up with a delicious meal at one of the best spots for Korean hotpot in Toronto, where you can enjoy flavorful broths, fresh ingredients, and an authentic dining experience.

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