Book Hotels in Toronto with Crypto or Pay Later (From $50/Night)

Hotels in Toronto span every budget, from $50 hostels to $600 luxury suites, with over 2,700 properties citywide. Travorio.com lets guests book Toronto hotels using cryptocurrency,including Bitcoin, Ethereum, and 100+ digital coins,or flexible pay-later options like Sezzle and PayPal Pay Later. This guide breaks down the best neighborhoods, price trends, booking tips, and what to expect for every type of traveler.

Toronto welcomes nearly 28 million visitors annually, making it Canada’s most visited city. The Canadian dollar (CAD) offers a favorable exchange rate for US and European travelers, letting your money go further. Booking during late April to June or September to early November gets you comfortable weather and reasonable hotel deals, while peak summer brings higher prices and larger crowds.

Best Neighborhoods to Stay in Toronto

Toronto’s neighborhoods define the city’s experience. Each area caters to different travelers, from luxury shoppers to art lovers, budget backpackers, and business professionals. Here are the six best areas to call home during your Toronto visit, with specifics on price, attractions, and access.

Downtown Core

Downtown Core is Toronto’s beating heart, favored by first-time visitors and business travelers seeking proximity to landmarks and corporate centers. Expect to pay $250–$600 per night for top-tier hotels. The CN Tower dominates the skyline here and is an essential visit for panoramic city views. For dining, Momofuku Noodle Bar on University Ave draws foodies with inventive Asian fare and modern ambiance. Ripley’s Aquarium of Canada, located at the foot of the CN Tower, offers an immersive undersea experience and is a hit with families and solo travelers alike. Union Station, the city’s major transit hub, makes getting around simple, with a 2-minute subway ride to most downtown attractions. Downtown Core is best for business executives, solo female travelers, event-goers, and families who want walkable access to Toronto’s top sights and dining.

Yorkville

Yorkville is Toronto’s luxury enclave, home to designer boutiques and upscale hotels ranging from $320 to $550 a night. This neighborhood attracts luxury travelers, international shoppers, and couples on special occasions. The Royal Ontario Museum (ROM) is a striking landmark, showcasing world-class art and natural history collections. For refined dining, Café Boulud at the Four Seasons is a local favorite for French-inspired cuisine in an elegant setting. Stroll along Mink Mile for luxury shopping at flagship stores like Chanel and Prada. The nearest subway stop, Bay Station, is only a 10-minute ride from Union Station, connecting guests to the rest of the city with ease. Yorkville’s leafy streets and high-end ambiance suit fashion aficionados, honeymooners, and travelers seeking the city’s most exclusive accommodations.

West Queen West

West Queen West pulses with creativity and nightlife, making it the top pick for young travelers, art lovers, and LGBTQ+ visitors. Mid-range hotels here cost $140–$220 per night, often in boutique or design-forward properties. Trinity Bellwoods Park is the neighborhood’s green centerpiece, popular for picnics and people-watching. Grab breakfast or a flat white at White Squirrel Coffee Shop, a staple for locals and visitors alike. The Museum of Contemporary Art (MOCA), just a short streetcar ride away, anchors the area’s vibrant art scene. Osgoode subway station is a 15-minute streetcar ride away, but most attractions and nightlife are walkable within the neighborhood. West Queen West’s mural-lined streets, galleries, and indie boutiques make it ideal for solo travelers, digital nomads, and anyone seeking Toronto’s creative edge.

The Annex

The Annex blends academic energy with bohemian spirit, thanks to its proximity to the University of Toronto and a mix of students, intellectuals, and culture enthusiasts. Nightly rates for mid-range hotels range from $110–$180. The iconic Bata Shoe Museum stands out here, offering a quirky dive into global footwear history. For a laid-back meal, try Fresh on Bloor, a plant-based eatery beloved by students and locals. Nearby Hot Docs Ted Rogers Cinema screens indie and documentary films year-round. Spadina subway station is the area’s main transit link, just 5 minutes from Union Station, connecting you to downtown and beyond. The Annex is best for academics, solo travelers, and LGBTQ+ guests looking for a safe, lively, and culturally rich environment.

Scarborough

Scarborough delivers the city’s best value for families and budget travelers, with hotel rates from $60 to $120 per night. The Toronto Zoo is Scarborough’s marquee attraction, spanning 287 hectares and home to over 5,000 animals. Enjoy authentic Caribbean cuisine at Mr. Jerk, a local institution for jerk chicken and patties. Scarborough Bluffs Park, with its dramatic cliffs and lake views, is a scenic spot for outdoor lovers. Kennedy Station, the eastern terminus of the Bloor-Danforth subway line, is about 35 minutes to downtown. Scarborough’s multicultural dining, large rooms, and easy highway access make it ideal for road trippers, families, and travelers seeking a quieter, residential base.

Kensington Market

Kensington Market is a bohemian melting pot, perfect for foodies, backpackers, and solo adventurers seeking authenticity on a budget. Budget hotels and hostels here run $70–$140 per night. Graffiti Alley, a vibrant outdoor gallery, attracts street art fans and Instagrammers. For a quick bite, Rasta Pasta blends Italian and Jamaican flavors in an eclectic setting. The Kensington Market Food Tour is a must for culinary explorers, sampling global eats from empanadas to bao. St. Patrick subway station is a 12-minute walk, or hop the College streetcar for a direct ride to downtown. Kensington’s laid-back, multicultural vibe is a haven for solo female travelers, digital nomads, and anyone craving Toronto’s most eclectic scene.

Average Hotel Prices in Toronto by Season

Toronto’s hotel market fluctuates sharply with the seasons, so timing your stay can make a big difference in cost. In spring (April to June), 3-star hotels average $140 per night, while 4-star properties go for about $220. Summer (July to August) sees the highest prices, with 3-star hotels at $190 and 4-stars from $300, fueled by vacationers and major events. Autumn (September to early November) brings relief, with 3-star rates dropping to $135 and 4-star stays at $210, making it a sweet spot for value and mild weather. Winter (December to March) is the most affordable, with 3-star hotels at $95 and 4-star options as low as $160, excluding holiday peaks.

Major events drive temporary spikes. The Toronto International Film Festival (TIFF), held in early September, can push hotel prices up by 40–60% citywide. Other price hikes occur during the Canadian National Exhibition (late August to early September) and large conventions at the Metro Toronto Convention Centre. Booking off-peak can save travelers up to 45% compared to summer or festival weeks, especially for longer stays or suites.

How to Book Hotels in Toronto with Cryptocurrency

1. Select your Toronto hotel on Travorio’s hotel search.
2. At checkout, choose “Pay with Crypto” and select from BTC, ETH, USDT, USDC, or 100+ supported coins.
3. The site displays your total in both CAD and your chosen cryptocurrency, with real-time conversion rates.
4. Complete payment by scanning the QR code or pasting the wallet address provided,no wallet setup is required on Travorio.
5. Receive instant booking confirmation, with your crypto payment securely processed and converted at the locked-in rate.

Pay Later Hotels in Toronto: Split Into 4 Payments

Travorio supports Sezzle Pay in 4, letting you pay just 25% up front and the rest in three biweekly, interest-free installments. For example, a $200 Toronto hotel stay costs just $50 today, followed by three more $50 payments over six weeks. PayPal Pay Later offers similar flexibility, but lets you choose longer repayment terms and is linked to your PayPal account for added buyer protection. Both options require no hard credit check, charge zero interest, and have no hidden fees. See pay later hotels in Toronto for instant approval and flexible payment plans.

Getting to Toronto: Flights and Transport

Toronto Pearson International Airport (YYZ) is the city’s main gateway, located 27 km (17 miles) northwest of downtown. The airport is Canada’s busiest, serving direct flights from over 180 cities worldwide. Ground transport options to the city center include:

• UP Express Train: Nonstop from Pearson to Union Station in 25 minutes. Costs $12.35 CAD ($9 USD) per adult.
• Airport Taxi: Flat rate of $65 CAD ($48 USD) to downtown, taking 35–60 minutes depending on traffic.
• TTC Bus & Subway: Take the 900 Airport Express to Kipling Station, then transfer to Line 2. Total fare is $3.35 CAD ($2.50 USD), with a journey time of about 50 minutes.

Average round-trip flight prices to Toronto (economy class, booked 2 months ahead):

• New York City (JFK/LGA): $170–$350 USD
• London, UK (LHR): $520–$950 USD
• Los Angeles (LAX): $390–$670 USD
• Chicago (ORD): $190–$400 USD
• Vancouver (YVR): $330–$570 USD

Book your Toronto flights on Travorio for flexible payment options. For up-to-date airport info, see the Toronto Pearson Airport site.

Toronto Travel Tips for 2026

Visa: US, UK, EU, Australian, and many other nationals can visit Canada visa-free for up to six months, but must obtain an Electronic Travel Authorization (eTA) before boarding their flight. Canadian citizens and permanent residents do not require an eTA. EU travelers should check for any ETIAS requirements as regulations evolve. Always verify entry rules here before travel.

Local transport: The Toronto Transit Commission (TTC) operates subways, buses, and streetcars across the city. A single ride costs $3.35 CAD ($2.50 USD), while an unlimited day pass is $13.50 CAD ($10 USD). The system runs from 6 a.m. to 1:30 a.m. on weekdays and Saturdays (8 a.m. start Sundays). Presto cards offer contactless tap payment for easy boarding.

Tipping: Tipping is customary in Toronto. Expect to leave 15–20% at restaurants and bars. Hotel staff (concierge, housekeeping) generally appreciate a few dollars for good service.

Currency: Toronto uses the Canadian dollar (CAD), with the code CAD. The exchange rate is approximately 1 USD to 1.35 CAD. Credit and debit cards are widely accepted, even for small purchases, but some independent shops and markets may be cash-only.

Best time to visit: Late April to June and September to early November offer the best balance of mild weather (15–24°C/59–75°F) and reasonable hotel prices. Summer (July–August) brings crowds and higher rates but excellent festival energy, while winter is cheapest but cold (down to -6°C/21°F). Book early for major events, especially in September.

For more travel resources, visit Destination Toronto, the city’s official tourism site.

Best Hotels in Toronto for Different Budgets

Budget Hotels ($50–$90/night)

Budget travelers will find clean, simple rooms at chains like Super 8 by Wyndham and Days Inn, especially in Scarborough and near Pearson Airport. Expect compact rooms, basic amenities (WiFi, TV, private bath), and limited breakfast options. Kensington Market and Chinatown host a few boutique hostels and guesthouses, with the tradeoff being shared bathrooms and no-frills service. Locations are farther from downtown but connect easily by transit.

Mid-Range Hotels ($120–$200/night)

Mid-range travelers can book brands like Holiday Inn, DoubleTree by Hilton, or Courtyard by Marriott in The Annex or West Queen West. These hotels offer larger rooms, on-site dining, fitness centers, and often a pool. Breakfast is sometimes included, and locations are closer to major attractions or transit lines. Expect a step up in service and comfort from budget stays, with better city views and quieter rooms.

Luxury Hotels ($320–$600/night)

Luxury seekers have their pick of Toronto’s finest: The Ritz-Carlton Toronto and Four Seasons Hotel Toronto in Yorkville stand out for lavish suites, full-service spas, and skyline-view rooftop bars. The St. Regis Toronto, in the Downtown Core, offers butler service and an acclaimed cocktail lounge. High-end hotels deliver spacious rooms, world-class dining, marble bathrooms, and amenities like chauffeur service and infinity pools.

Toronto Food and Dining Guide for Hotel Guests

Toronto’s culinary scene is diverse and accessible from every hotel hub. For fine dining, Alo Restaurant in Queen West is renowned for its tasting menus and reservations are essential. Near the Downtown Core, St. Lawrence Market brims with local vendors and artisan eats. Kensington Market’s Rasta Pasta and Seven Lives serve global street food for under $10–$15 USD. Average meal prices: street food $7–$12 USD, casual dining $18–$28 USD, fine dining $60+ USD per person. Local dishes to try include peameal bacon sandwiches (Canadian back bacon on a bun), butter tarts (gooey pastry dessert), and poutine (fries with gravy and cheese curds). Most luxury and mid-range hotels include breakfast, but for a local start, grab coffee and a pastry at Dineen Coffee Co. or Balzac’s Café, both near the financial district.

Why Book Toronto Hotels on Travorio

Travorio gives you access to over 5 million properties globally, including 2,700+ in Toronto. Book with cryptocurrency to avoid currency conversion fees, or use Sezzle Pay in 4 to split your costs without interest or credit checks. Travorio guarantees the best price, with no hidden fees and instant confirmation. Start your search now for Toronto hotels.