Clicky

Where to Stay in Toronto: Best Areas & Hotels

Looking for the best areas to stay in Toronto? From vibrant downtown neighborhoods like the Entertainment District and Yonge-Dundas to upscale Bloor-Yorkville or nightlife hubs such as The Village and Kensington Market, discover the city's top districts and hotels.

The Best Areas to Stay in Toronto for First-Time Travelers
The Best Areas to Stay in Toronto for First-Time Travelers

Often called “The Six” or simply T.O., Toronto is Canada’s largest city and the capital of Ontario. Located along the northwestern shore of Lake Ontario, it is known for the iconic CN Tower, multicultural neighborhoods, and its status as a major financial and cultural hub in North America. Keep reading to learn about the best areas to stay in Toronto, from towering central districts to quiet lakeside quarters.


Accommodation Options in Toronto

Toronto was founded in the late 18th century as the Town of York and became the city of Toronto in 1834. It grew rapidly through the 19th and 20th centuries, becoming a key industrial and commercial center. Today, it’s one of the most visited cities in Canada, attracting over 27 million tourists annually. Toronto offers all types of accommodations, including luxury and boutique hotels in its central districts, as well as more affordable properties like hostels and B&Bs.

In addition to the CN Tower, other Toronto attractions include the Royal Ontario Museum, one of the largest in North America, and the Art Gallery of Ontario, known for its collection of Canadian and European art. The Distillery District offers pedestrian-only streets lined with preserved Victorian industrial architecture, while the Hockey Hall of Fame is a must for sports fans.

Toronto’s atmosphere depends heavily on the neighborhood. For example, the Financial District is busiest during weekday work hours, while Queen Street West is known for nightlife. Additionally, Kensington Market has a laid-back feel with vintage stores and cafes, and the Entertainment District centers on theater and concerts along King Street West.

Additionally, Toronto is recognized as one of the most LGBTQ+-friendly cities in North America. Centered around Church Street, The Village is the city’s historic gay quarter. Toronto Pride, held each June, is one of the largest in the world and draws hundreds of thousands of attendees.

Keep reading to learn about the best areas to stay in Toronto and which neighborhood is best for your trip.

The Best Areas to Stay in Toronto: A Summary

If you don’t have the time or patience to read this Toronto neighborhood guide in full, here’s a summary of the best districts for visitors to the city. Keep reading to find out more information about each area.


What’s the best area to stay in Toronto?

With its mix of cultural landmarks, shopping hubs, and entertainment venues, Downtown Toronto is the top area to stay for convenience and proximity to the city’s highlights.
With its mix of cultural landmarks, shopping hubs, and entertainment venues, Downtown Toronto is the top area to stay for convenience and proximity to the city’s highlights.

The best area to stay in Toronto is Downtown Toronto. It’s where you’ll find the city’s main attractions, like the CN Tower, Ripley’s Aquarium, the Royal Ontario Museum, and Yonge-Dundas Square. Downtown is the obvious choice for most visitors, but it’s a sprawling district made up of neighborhoods with very different vibes. Two of the most well-known are the Entertainment District, with its theaters and nightlife, and Bloor-Yorkville, which is home to high-end shops and restaurants.

Also located in Downtown, The Harbourfront has beautiful lake views and plenty of parks, making it great for families, while West Queen West is an artsy area filled with galleries and unique shops. Then there’s Kensington Market, known for its eclectic mix of restaurants, vintage stores, and colorful murals.

Keep reading this neighborhood guide for detailed information on the best districts and hotels in Toronto.

Best Hotels in Downtown Toronto


The Coolest Neighborhoods to Stay in Toronto

Packed with colorful street art and unique independent stores, Kensington Market is the top location for creative vibes and local culture.
Packed with colorful street art and unique independent stores, Kensington Market is the top location for creative vibes and local culture.

While it’s undeniable that Downtown Toronto is the best location for tourists to stay in, this attraction-packed central district is just too massive and diverse to be condensed into one single area. Additionally, the City Center neighborhoods are not the only option. These are some of the coolest districts to stay in Toronto:

  • The Entertainment District, one of Toronto’s nightlife hotspots, offers theaters, sports arenas, and trendy bars. This area also has some of Toronto’s most famous landmarks, including the iconic CN Tower.
  • On the shores of Lake Ontario, the Harbourfront offers stunning views, family-friendly parks, and easy access to the Toronto Islands and the Entertainment District.
  • Upscale Bloor-Yorkville is known for high-end shopping, upscale dining, and sophisticated accommodations, making it ideal for those seeking luxury.
  • Artsy West Queen West features art galleries, independent boutiques, and hip cafes, attracting artists and free-spirited travelers.
  • Kensington Market is a bohemian neighborhood packed with international restaurants, vintage shops, and colorful street art. Together with neighboring Chinatown, it is also one of the most affordable areas to stay in central Toronto.
  • Considered one of the most prominent gayborhoods in North America, The Village is Toronto’s LGBTQ+ hub, known for its vibrant nightlife and friendly atmosphere.
  • Toronto’s version of Times Square, Yonge-Dundas, is a practical base right in the heart of Downtown Toronto.
  • Located in the heart of Downtown, the Financial District is home to towering skyscrapers and corporate headquarters. It also features fine dining, luxury hotels, and excellent transit connections.
  • Located near the University of Toronto and the Royal Ontario Museum, The Annex offers a mix of historic charm and lively streets.
  • The Fashion District, nestled west of Downtown, is a modern, trendy area close to shops, bars, and restaurants.
  • East of the city center, Scarborough offers natural sites like the stunning Scarborough Bluffs, as well as cultural attractions, making it ideal for a quiet stay near nature.
  • One of Toronto’s greenest districts, North York is a family-friendly area with spacious parks, cultural attractions, and excellent transit connections.

Where to Stay in Toronto: Accommodation Map


The Ultimate Guide to the Best Areas to Stay in Toronto

1. Entertainment District

The best area to stay in Toronto for sightseeing and nightlife

Its central location and iconic attractions make the Entertainment District one of the most convenient areas to stay in Toronto, especially for first-time visitors.
Best areas to stay in Toronto - Entertainment District
Best areas to stay in Toronto – Entertainment District
The CN Tower is Toronto's and, dare we say, Canada's most recognizable landmark
The CN Tower is Toronto’s and, dare we say, Canada’s most recognizable landmark
Rogers Centre is a must-see attraction for sports fans
Rogers Centre is a must-see attraction for sports fans

Its central location and iconic attractions make the Entertainment District one of the most convenient areas to stay in Toronto, especially for first-time visitors.

    Why is this the best area to stay in Toronto:
  • CN Tower
  • Ripley’s Aquarium
  • Rogers Centre
  • Theaters and live shows
  • Trendy bars
  • Restaurants
  • Central location
  • Public transit access
  • Entertainment hub
  • Luxury hotels
  • Sports and concerts
  • Skyline views

Located in the heart of Downtown, the Entertainment District is home to the city’s most iconic landmark. Rising 1,815 ft (553 meters), the CN Tower is the first image that comes to mind whenever most people hear the word “Toronto.” Completed in 1976, it was the world’s tallest free-standing structure for over 30 years. Its observation decks offer views as far as Niagara Falls on a clear day.

This area developed as an industrial zone in the early 20th century. During the 1980s and 1990s, the city began converting the old warehouses into theaters, nightclubs, and cultural venues, officially branding it the “Entertainment District” in 1996.

Besides the CN Tower, the Entertainment District is home to the Rogers Centre, Ripley’s Aquarium of Canada, and the TIFF Bell Lightbox, home to the Toronto International Film Festival. The area also hosts several performing arts venues, including the Princess of Wales Theatre and Roy Thomson Hall.

King Street West is the main nightlife hub, with dozens of restaurants, cocktail lounges, and clubs.

Regarding transportation, this neighborhood is served by multiple public transit options. For instance, the 504 King Streetcar connects to St. Andrew and Osgoode subway stations. Furthermore, Union Station is about a 10-minute walk. This transit hub offers local GO Transit commuter trains, long-distance VIA Rail services, and UP Express links to Pearson Airport.

Hotel options in the Entertainment District lean toward upscale properties, with several high-rise hotels and serviced apartments. Some boutique options are also available closer to Queen Street.

Best Hotels in Toronto’s Entertainment District

BISHA, a Luxury Collection Hotel, Toronto
Best 5-star hotel
BISHA, a Luxury Collection Hotel, Toronto

In the heart of Toronto’s entertainment district and steps away from the best shopping and dining, BISHA, a Luxury Collection Hotel, Toronto provides guests with unrivaled access to local experiences, elevated service & artfully bold interiors.

Revery Toronto Downtown, Curio Collection by Hilton
Best 4-star hotel
Revery Toronto Downtown, Curio Collection by Hilton

Guests can discover attractions near the Reverie Toronto Downtown, Curio Collection by Hilton, including the CN Tower, the Metro Toronto Convention Center, and Chinatown.

Sonder The Beverley
Best 3-star hotel
Sonder The Beverley

This boutique hotel is surrounded by shops and restaurants on trendy Queen Street West in Toronto. It offers rooms with stylish décor and free Wi-Fi.


2. Bloor-Yorkville

An upscale area with cultural LANDMARKS

Bloor-Yorkville is one of the best areas to stay in Toronto for museums, shopping, and a central base to explore the city.
Toronto's Bloor-Yorkville District is the place to go for upscale shopping
Toronto’s Bloor-Yorkville District is the place to go for upscale shopping
Bloor-Yorkville is one of the best districts to stay in Toronto for culture
Bloor-Yorkville is one of the best districts to stay in Toronto for culture
Where to stay in Toronto - Bloor-Yorkville
Where to stay in Toronto – Bloor-Yorkville

Bloor-Yorkville is one of the best areas to stay in Toronto for museums, shopping, and a central base to explore the city.

    Why is this the best area to stay in Toronto:
  • Luxury shopping
  • Royal Ontario Museum
  • Upscale restaurants
  • Unique architecture
  • University of Toronto
  • The Gardiner Museum
  • Yorkville Park
  • Nightlife options
  • Premium hotels
  • Public transit access

Located about 2.5 kilometers (1.6 miles) north of the waterfront, Bloor-Yorkville has upscale retail, historic architecture, and cultural institutions. The neighborhood centers around the intersection of Bloor Street West and Yonge Street.

Historically, Yorkville was an independent village founded in 1830. It became part of Toronto in 1883, and by the 1960s, it had developed into the city’s bohemian quarter—home to musicians, poets, and coffee houses. Joni Mitchell and Neil Young performed in small clubs here long before the neighborhood became one of the city’s most expensive and upscale districts.

Today, Bloor-Yorkville is Toronto’s most exclusive shopping destination. The Mink Mile, a stretch of Bloor Street between Avenue Road and Yonge, features global luxury brands such as Chanel, Hermès, and Cartier. Just south, Yorkville Avenue and Cumberland Street are lined with boutiques, art galleries, and restaurants with sidewalk patios.

Additionally, the neighborhood is home to some of Toronto’s most important cultural institutions. The Royal Ontario Museum (ROM) sits at the western edge, while the Gardiner Museum specializes in ceramics. The Bata Shoe Museum, housed in a building designed by Raymond Moriyama, is just a short walk away.

Transportation is straightforward: Bay Station and Yonge-Bloor Station connect the area to Lines 1 and 2 of the subway, making accessing other parts of the city easy. Several bus routes also run north and south along Yonge.

Hotel options here are mostly in the luxury and boutique categories.

Best Hotels in Bloor-Yorkville

Four Seasons Hotel Toronto
Best 5-star hotel
Four Seasons Hotel Toronto

This 5-star Toronto resort features an expansive spa and full-service fitness center. Guests can also enjoy the indoor lap pool and hot tub. Modern guest rooms at this resort feature various views of the city.

Kimpton Saint George Hotel by IHG
Best 4-star hotel
Kimpton Saint George Hotel by IHG

This hotel is located in Yorkville, in downtown Toronto, and offers convenient amenities and services. Kimpton Saint George Hotel is within walking distance of the University of Toronto and the Gardiner Museum.

University of Toronto Downtown Colourful Fall Suites
Best 3-star hotel
University of Toronto Downtown Colourful Fall Suites

University of Toronto Downtown Colourful Fall Suites offers accommodations in the center of Toronto, a 4-minute walk from the Royal Ontario Museum and half a mile from Queen’s Park.


3. Yonge-Dundas

The heart of Downtown Toronto

Home to some of the city's most famous squares, Yonge-Dundas is a practical area to stay in the heart of Downtown Toronto.
Home to the City Hall, Nathan Phillips Square is one of Toronto's must-see attractions
Home to the City Hall, Nathan Phillips Square is one of Toronto’s must-see attractions
Yonge-Dundas Square - Where to stay in Central Toronto
Yonge-Dundas Square – Where to stay in Central Toronto
Where to stay in Downtown Toronto - Yonge-Dundas
Where to stay in Downtown Toronto – Yonge-Dundas

Home to some of the city’s most famous squares, Yonge-Dundas is a practical area to stay in the heart of Downtown Toronto.

    Why is this the best area to stay in Toronto:
  • Toronto Eaton Centre
  • Dundas Square
  • Vibrant city vibe
  • Street performers
  • Theatres nearby
  • City Hall
  • Nathan Phillips Square

Yonge-Dundas is one of Toronto’s busiest intersections, located about 1 kilometer (0.6 miles) north of Union Station. The neighborhood centers on the junction of Yonge Street and Dundas Street East.

This area developed rapidly in the early 2000s after the creation of Yonge-Dundas Square. Inspired by Times Square in New York, the square opened in 2002 as a public space for concerts, film screenings, and cultural events, surrounded by digital billboards and chain retail outlets.

Yonge Street has historically been one of Toronto’s main commercial corridors. Eaton Centre, one of Canada’s largest shopping malls, anchors the district with over 230 stores and direct access to the subway. Nearby, Toronto Metropolitan University (formerly Ryerson University) adds a student population that helps keep the area active throughout the day.

A short walk west of the intersection is Nathan Phillips Square, Toronto’s main civic plaza. Located in front of City Hall, the square hosts seasonal events like winter ice skating, summer concerts, and year-round public art installations, including the large illuminated TORONTO sign.

Transit access in this area is excellent: Dundas Station on Line 1 is located directly under the square, with multiple streetcar and bus routes running along both Yonge and Dundas.

Best Hotels in Yonge-Dundas

Pantages Hotel Toronto Centre
Best 4-star hotel
Pantages Hotel Toronto Centre

Located in downtown Toronto, Pantages Hotel Toronto Centre features a modern fitness center. All rooms are nonsmoking. Amenities include a flat-screen TV with cable channels, in-room Keurig coffee, and free local calling.

The Saint James Hotel, Ascend Hotel Collection
Best 3-star hotel
The Saint James Hotel, Ascend Hotel Collection

This boutique hotel in Toronto is just a 5-minute walk from Yonge-Dundas Square. It offers free WiFi and a complimentary healthy breakfast.


4. The Harbourfront

An excellent family-friendly district with lake views

The Harbourfront offers waterfront trails, ferry access to the Toronto Islands, and cultural spaces like the Harbourfront Centre.
Some Harbourfront accommodations offer breathtaking views of the CN Tower
Some Harbourfront accommodations offer breathtaking views of the CN Tower
Where to stay in Toronto - Harbourfront
Where to stay in Toronto – Harbourfront

The Harbourfront offers waterfront trails, ferry access to the Toronto Islands, and cultural spaces like the Harbourfront Centre.

    Why is this the best area to stay in Toronto:
  • Waterfront views
  • Harbourfront Centre
  • Queens Quay Terminal
  • Scenic boardwalks
  • Outdoor art installations
  • Toronto Music Garden
  • Boat tours
  • Beaches nearby

Stretching along the northern edge of Lake Ontario, just south of the downtown core, the Harbourfront is about 1 kilometer (0.6 miles) from Union Station. It includes Queens Quay, the ferry terminals, and parts of the Waterfront Trail.

Once dominated by shipping warehouses and industrial piers, the Harbourfront began its transformation in the 1970s with the creation of the Harbourfront Centre, a government-backed cultural organization aimed at revitalizing the area. Since then, it has developed into a waterfront district filled with parks, trails, art venues, and residential towers.

Among the main attractions in the area is the Harbourfront Centre, which hosts year-round programming, including concerts, art exhibitions, and multicultural festivals. The Power Plant Contemporary Art Gallery, located nearby, focuses on Canadian and international contemporary artists. The Toronto Music Garden, inspired by a composition by Bach and designed with input from cellist Yo-Yo Ma, offers a mix of landscaped areas and summer performances.

Ferries to the Toronto Islands depart from Jack Layton Ferry Terminal and offer a quick escape to beaches, bike trails, and picnic spots. The waterfront promenade is especially active in summer, with bike rentals, food stalls, and tour boats operating daily.

The nightlife here includes some bars and restaurants along Queens Quay. Transit connections include the 509 Harbourfront and 510 Spadina streetcars, both of which connect to Union Station. Pedestrian access is easy from downtown, and bike lanes run parallel to the lake. The proximity to Union Station also makes it a convenient choice for short stays or connections to the airport via UP Express.

Hotels in the Harbourfront area include upscale properties, many offering lake views.

Best Hotels in Toronto’s Harbourfront

Le Germain Hotel Maple Leaf Square
Best 4-star hotel
Le Germain Hotel Maple Leaf Square

This hotel is conveniently located within a 10-minute walk of Toronto’s Union Station and Air Canada Center. It offers an on-site restaurant and bar.

Grand Royal
Best 3-star hotel
Grand Royal

Grand Royal provides accommodations within 0.9 miles of the center of Toronto. It offers free Wi-Fi and a kitchen with a dishwasher, an oven, and a microwave. The property is close to several well-known attractions.

MMG Executive Suite
Best serviced apartments
MMG Executive Suite

MMG Executive Suite – VIEWS FROM THE TOP features accommodations in the center of Toronto, a 16-minute walk from Sugar Beach and 300 yards from Scotiabank Arena.


5. Fashion District

A central district close to nightlife and attractions

A hotspot for design and nightlife, the Fashion District hosts trendy bars and cocktail lounges.
Best districts to stay in Toronto - Fashion District
Best districts to stay in Toronto – Fashion District
Centrally located, the Fashion District is home to some of the best hotels in Toronto
Centrally located, the Fashion District is home to some of the best hotels in Toronto

A hotspot for design and nightlife, the Fashion District hosts trendy bars and cocktail lounges.

    Why is this the best area to stay in Toronto:
  • Trendy boutiques
  • High-end showrooms
  • Queen Street vibes
  • Cutting-edge fashion
  • Stylish cafes
  • Unique streetwear
  • Local designer shops
  • Art galleries

Located just west of the Financial District, the Fashion District is one of the best areas to stay in Toronto. Once dominated by warehouses and textile factories, it has been reshaped into a mixed-use neighborhood with loft apartments, tech offices, and independent businesses.

The district earned its name in the early 20th century, when it became the center of Toronto’s garment manufacturing industry. At its peak, hundreds of clothing and textile businesses operated out of multi-story brick warehouses, many of which still stand. Today, the Fashion District is known for its culture.

One of the city’s best-known attractions, Graffiti Alley, a laneway running parallel to Queen Street, is a famous street art corridor. Restaurants and bars are clustered along King Street West. On the quieter side streets, you’ll find design studios, coworking spaces, and a few specialty fabric and garment shops.

The neighborhood is walkable and well-connected by public transportation. The 504 King and 501 Queen streetcars run east-west, while the 510 Spadina streetcar connects north to the subway at Spadina Station. Union Station is about 20 minutes away on foot.

Best Hotels in the Fashion District

1 Hotel Toronto
Best 5-star hotel
1 Hotel Toronto

Located in Toronto, 1 Hotel Toronto provides accommodations with a restaurant, private parking, a bar, and a terrace. Among the facilities at this property are a concierge service, along with free WiFi.

Ace Hotel Toronto
Best 4-star hotel
Ace Hotel Toronto

Featuring a fitness center, a restaurant, and a bar, Ace Hotel Toronto is located in the center of Toronto, 1.4 miles from Hanlan’s Point Beach. This 4-star hotel offers a 24-hour front desk and free WiFi.

Sonder The Slate
Best serviced apartments
Sonder The Slate

Ideally set in Toronto’s Fashion District, Sonder The Slate offers free WiFi 0.6 miles from the city center.

The Clarence Park
Best hostel
The Clarence Park

Located in Toronto, within less than 0.6 mi of Rogers Center and a 15-minute walk of Toronto Symphony Orchestra, The Clarence Park features a terrace.


6. Church-Wellesley Village

The best location in Toronto for LGBTQ+ travelers

Celebrating LGBTQ+ pride year-round, The Village is home to lively nightlife, community spaces, and events like Pride Toronto
The Village is one of the best areas to stay in Toronto for LGBTQ+ nightlife
The Village is one of the best areas to stay in Toronto for LGBTQ+ nightlife
The Church-Wellesley Village is Toronto's gayborhood
The Church-Wellesley Village is Toronto’s gayborhood
Where to stay in Toronto - Church-Wellesley Village
Where to stay in Toronto – Church-Wellesley Village

Celebrating LGBTQ+ pride year-round, The Village is home to lively nightlife, community spaces, and events like Pride Toronto.

    Why is this the best area to stay in Toronto:
  • LGBTQ+ friendly vibe
  • The 519 Community Centre
  • Unique bars and pubs
  • Eclectic restaurants
  • Pride celebrations
  • Boutique shops
  • Rainbow crosswalks

Toronto’s historic gay area, the Church-Wellesley Village, known simply as “The Village,” is centered around the intersection of Church Street and Wellesley Street East.

Historically, this area began to emerge as a hub for Toronto’s LGBTQ+ community in the 1970s. Although LGBTQ+ venues existed across the city before then, Church Street became the focal point due to its proximity to downtown and relative affordability.

Today, Church-Wellesley remains one of the most recognized LGBTQ+ neighborhoods in North America. The 519 Community Centre continues to provide services and programming, and the streets are lined with bars, cafes, bookstores, and rainbow crosswalks. Toronto Pride, one of the largest pride events in the world, takes over the area every June, with parades, concerts, and public events drawing hundreds of thousands of visitors from around the world.

The Village offers easy access to Yonge-Dundas Square, the University of Toronto campus, and Allan Gardens. The atmosphere is laid-back during the day and more lively in the evenings, particularly on weekends. Popular venues include Crews & Tangos, known for nightly drag shows; Woody’s, a longstanding video and dance bar featured in Queer as Folk; and Glad Day Bookshop, which doubles as a queer bar and event space.

Aside from Wellesley Station, the neighborhood is walkable from College and Bloor-Yonge stations. Several bus routes also run east-west along Wellesley and north-south along Jarvis and Yonge.

Best Hotels in Toronto’s Gay Village

The Anndore House, part of JDV by Hyatt
Best 4-star hotel
The Anndore House, part of JDV by Hyatt

The Anndore House is in downtown Toronto and boasts an on-site restaurant and lounge. It is just a minute’s walk from bustling Yonge Street, 5 minutes’ walk from the chic Yorkville neighborhood, and the restaurants and bars of Church Street.

Town Inn Suites Hotel
Best 3-star hotel
Town Inn Suites Hotel

This downtown Toronto hotel is within a 5-minute walk of the Bloor-Yonge Subway Station. These spacious suites offer a fully equipped kitchen.

Toronto Metropolitan University-International Living Learning Residence
Best budget hotel
International Living Learning Residence

Located conveniently in the center of Toronto, Toronto Metropolitan University-International Living Learning Residence has air-conditioned rooms with free WiFi, each with a private bathroom. The property has a shared kitchen, a 24-hour front desk, and luggage storage.

Victoria's Mansion Guest House
Best B&B
Victoria’s Mansion Guest House

Positioned on a peaceful, tree-lined street, only steps from public transportation and the excitement of downtown Toronto, this guesthouse offers cozy guest rooms with modern amenities.


7. Financial District

The best area to stay in Toronto for business travelers

With its towering skyscrapers, the Financial District is Toronto's business core.
Home to Union Station, the Financial District is one of the top areas to stay in Downtown Toronto
Home to Union Station, the Financial District is one of the top areas to stay in Downtown Toronto
Best location to stay in Downtown Toronto - Financial District
Best location to stay in Downtown Toronto – Financial District
Where to stay in Downtown Toronto - Financial District
Where to stay in Downtown Toronto – Financial District

With its towering skyscrapers, the Financial District is Toronto’s business core.

    Why is this the best area to stay in Toronto:
  • Skyscrapers and corporate vibe
  • PATH underground network
  • High-end dining options
  • Iconic CN Tower views
  • Union Station access
  • St. Lawrence Market nearby
  • Bustling weekday energy
  • Toronto Stock Exchange
  • Prestigious hotels

The Financial District is Toronto’s main business area. It is located directly north of the Harbourfront and hosts Union Station, the city’s central transportation hub.

The area grew rapidly in the late 19th and early 20th centuries as Toronto established itself as Canada’s financial capital. Many of the country’s major banks and insurance companies opened headquarters here. Today, the district is defined by its dense concentration of high-rise office towers, PATH pedestrian tunnels, and major institutions like the Toronto Stock Exchange.

Architecturally, it features a mix of historic and modern buildings. The Canada Permanent Building (built in 1931), the Commerce Court North (1931), and the Bank of Nova Scotia Building (1940) reflect the district’s early 20th-century growth, while newer skyscrapers like First Canadian Place (1975) and CIBC Square (2021) dominate the skyline.

Because it’s a commercial center, the area is busiest during weekdays, with thousands of office workers commuting via Union Station and the underground PATH system, which spans over 30 kilometers (19 miles) of tunnels linking office buildings, food courts, shops, and transit stations.

Tourist attractions in the area include the Hockey Hall of Fame and Brookfield Place. Additionally, the district’s central location makes it easy to walk to the Entertainment District, St. Lawrence Market, or the waterfront.

Best Hotels in Toronto’s Financial District

The St. Regis Toronto
Best 5-star hotel
The St. Regis Toronto

Recently awarded with Double Five Stars by Forbes, The St. Regis Toronto is redefining the standard for five-star luxury in downtown Toronto, Canada.

One King West Hotel and Residence
Best 4-star hotel
One King West Hotel and Residence

Built in 1914, this downtown Toronto hotel blends historic charm and elegance with modern conveniences. St. Lawrence Market and the Hockey Hall of Fame are less than a 10-minute walk away.

Union Hotel
Best 3-star hotel
Union Hotel

This downtown Toronto hotel, in the Financial District, is just a short walk from Toronto’s Theatre District. It features a café, British-style pub, and contemporary accommodations.

Hotel Victoria
Best budget hotel
Hotel Victoria

Located in downtown Toronto, less than a 5-minute walk from the financial district, Hotel Victoria offers free WiFi. The Hockey Hall of Fame is a 3-minute walk away.


8. Kensington Market & Chinatown

The best area for backpackers

Kensington Market and Chinatown are the best areas to stay in Toronto for travelers looking international food, vintage shops, and colorful murals
Toronto's Chinatown is home to budget accommodations and great Asian restaurants
Toronto’s Chinatown is home to budget accommodations and great Asian restaurants
Kensington Market is a great district to enjoy Toronto's street art scene
Kensington Market is a great district to enjoy Toronto’s street art scene
Packed with vintage shops and alternative cafés, Kensington Market is Toronto's bohemian hub
Packed with vintage shops and alternative cafés, Kensington Market is Toronto’s bohemian hub

Kensington Market and Chinatown are the best areas to stay in Toronto for travelers looking international food, vintage shops, and colorful murals.

    Why is this the best area to stay in Toronto:
  • Vintage shops
  • Diverse food options
  • Street art
  • Market stalls
  • Cultural fusion
  • Fresh produce
  • Chinese bakeries
  • Asian supermarkets
  • Local cafes
  • Unique atmosphere

Located south of College Street, Kensington Market and Chinatown sit about 1.5 kilometers (1 mile) northwest of Toronto’s central business district. These two adjacent neighborhoods are known for their street life, international food, and independent shops.

Kensington Market began as a Jewish working-class neighborhood in the early 20th century. By mid-century, waves of immigrants from Portugal, the Caribbean, East Asia, and Latin America contributed to its eclectic character. The area avoided major redevelopment during Toronto’s postwar urban planning, which helped preserve its two-story Victorian homes and narrow streets. Not far, along Spadina Avenue, Toronto’s Chinatown is one of the largest in North America.

Kensington Market is a pedestrian-heavy neighborhood with vintage clothing stores, organic grocers, cafes, and international restaurants packed into a few blocks. Chinatown, meanwhile, is known for its produce markets, herbal medicine shops, and Cantonese and Sichuan restaurants, many of which have operated for decades.

These neighborhoods’ nightlife includes small bars, cafes with live music, and many restaurants. Kensington especially comes alive during the day and early evening.

Public transportation access is good, with both Spadina (510) and College (506) streetcars running through or alongside the neighborhoods. St. Patrick Station on Line 1 is within walking distance, and bike lanes cross the area.

This area is a great location for budget-conscious travelers and backpackers. It has cheap hotels, guesthouses, and short-term rentals.

Best Hotels in Kensington Market & Chinatown

Hotel Ocho
Best 3-star hotel
Hotel Ocho

This Toronto hotel offers rooms with free Wi-Fi and flat-screen TVs. The nonsmoking hotel is within a 10-minute walk of Kensington Market, which offers shopping, dining, and entertainment.

Samesun Toronto
Best budget hotel
Samesun Toronto

Samesun Toronto provides accommodations with private balconies in the center of Toronto. Featuring a shared lounge, the 3-star hostel has air-conditioned rooms with free WiFi, each with a shared bathroom.


9. Old Town & Distillery District

The best location for a taste of history

The Old Town is an excellent option for travelers interested in Toronto’s early history, food culture, and a quieter setting close to downtown.

The Old Town is an excellent option for travelers interested in Toronto’s early history, food culture, and a quieter setting close to downtown.

    Why is this the best area to stay in Toronto:
  • Historic charm
  • St. Lawrence Market
  • Cobblestone streets
  • Distillery Historic District
  • Art galleries
  • Local breweries

Old Town Toronto is located just east of the Financial District and includes St. Lawrence Market and parts of the original 10-block Town of York, founded in 1793.

One of the oldest parts of the city, this area has a street grid that predates Toronto’s incorporation. Many 19th-century buildings remain, especially along Front Street and in the St. Lawrence Market area. The market has operated in various forms since 1803 and remains one of the city’s most visited food halls, known for its produce vendors, butchers, and bakeries.

As the starting point of many historic Toronto tours, the Old Town is home to the St. James Cathedral, a Gothic Revival church completed in 1853, and Berkeley Street Theatre, housed in a former gas pumping station. The Distillery District features preserved Victorian industrial architecture, galleries, and restaurants.

With regards to transportation, the Old Town is accessible via the King streetcar (504) and Parliament streetcar (65), with King Station on Line 1 about a 10-minute walk away.

Best Hotels in Toronto’s Old Town

The Ivy at Verity
Best 5-star hotel
The Ivy at Verity

The Ivy at Verity is located in Toronto, a 15-minute walk away from Sugar Beach. It offers concierge services, allergy-free rooms, a terrace, free WiFi throughout the property, and a bar.

The Omni King Edward Hotel
Best 4-star hotel
The Omni King Edward Hotel

Attractively set in Toronto, The Omni King Edward Hotel has air-conditioned rooms, a fitness center, and a bar. This property is close to attractions such as Yonge-Dundas Square, Four Seasons Center for the Performing Arts, and Ryerson University.

Holiday Inn Express Toronto Downtown by IHG
Best 3-star hotel
Holiday Inn Express Toronto Downtown by IHG

This downtown Toronto hotel is a 6-minute drive from the CN Tower and Rogers Center. It offers free WiFi and a hot continental breakfast.


10. West Queen West

The best area to stay in Toronto for alternative nightlife

West Queen West is one of Toronto's creative hubs, offering street art, indie boutiques, and a thriving arts scene.

West Queen West is one of Toronto’s creative hubs, offering street art, indie boutiques, and a thriving arts scene.

    Why is this the best area to stay in Toronto:
  • Trendy boutiques
  • Art galleries
  • Graffiti Alley
  • Cozy cafés
  • The Drake Hotel
  • The Gladstone House
  • Hip nightlife spots
  • Vibrant street art

Located about 3 kilometers (1.9 miles) west of Downtown, West Queen West is one of the city’s most recognizable creative hubs.

Historically a working-class neighborhood with textile factories and industrial warehouses, West Queen West began to shift in the 1980s and 1990s as artists, musicians, and independent shop owners moved in. By the early 2000s, media outlets like Vogue had declared it one of the coolest neighborhoods in the world, thanks to its mix of galleries, fashion boutiques, and street art.

The main attractions in the area are the independent stores, record shops, and cafes along Queen Street West. Additionally, Trinity Bellwoods Park is one of the area’s main gathering spots, and the Museum of Contemporary Art (MOCA) is within easy reach. Graffiti Alley, a popular stretch of mural-covered laneways, starts a few blocks east.

West Queen West is known for its nightlife. Bars and music venues are concentrated along Queen Street and Ossington Avenue, with options ranging from dive bars to cocktail lounges and late-night restaurants.

Public transit runs primarily along Queen Street via the 501 streetcar, which connects to Osgoode Station on Line 1. Several bus routes also link the neighborhood to surrounding areas.

Best Hotels in West Queen West

The Drake Hotel
Best 4-star hotel
The Drake Hotel

This unique design hotel is just minutes from Toronto’s excitement and offers guests a memorable lodging experience with art, nightlife, delicious cuisine, and comfortable guestrooms in the city’s Art + Design District.


11. The Annex

An excellent central location to stay in Toronto

Located near the University of Toronto, The Annex offers a a lively student vibe, historic row houses, and trendy cafés.

Located near the University of Toronto, The Annex offers a a lively student vibe, historic row houses, and trendy cafés.

    Why is this the best area to stay in Toronto:
  • University vibe
  • Historic homes
  • Indie bookstores
  • Coffee shops
  • Bata Shoe Museum
  • Artsy atmosphere

The Annex borders the University of Toronto’s St. George campus just north of Bloor Street West. It began to develop in the 1880s as a residential district for Toronto’s upper-middle class. Its distinctive Annex-style homes were mostly built between 1880 and 1910.

Over time, the area became popular with academics, students, and artists. Today, The Annex is home to landmarks such as Hot Docs Ted Rogers Cinema, an independent theater dedicated to documentaries, and the Royal Conservatory of Music. Nearby Philosopher’s Walk, a tree-lined footpath behind the Royal Ontario Museum, connects the neighborhood to Bloor Street’s museum corridor.

Regarding nightlife, the area is home to budget-friendly pubs and music venues catering to students and locals. Furthermore, transportation is excellent; the neighborhood is served by Spadina, Bathurst, and St. George subway stations, which connect to Line 1 and Line 2. The 510 Spadina streetcar and several buses also run through the area.

Accommodation in The Annex includes boutique hotels, guesthouses, and a few budget options.

Best Hotels in The Annex

The Yorkville Royal Sonesta Hotel Toronto
Best 4-star hotel
The Yorkville Royal Sonesta Hotel Toronto

This hotel is located in Toronto’s Yorkville district, surrounded by art galleries, fine restaurants, and stylish boutiques. It offers enjoyable facilities and unique dining options, including a seasonal patio lounge. The hotel is also across the street from the Royal Ontario Museum.

Madison Manor Boutique Hotel
Best budget hotel
Madison Manor Boutique Hotel

Adjacent to Madison Avenue Pub, this Victorian house in Toronto’s vibrant Annex district is just a 4-minute walk from Spadina subway station. The restaurant offers free Wi-Fi.


12. North York

A family-friendly & green Toronto district

Offering cultural venues like the Aga Khan Museum, North York also boasts spacious parks and family-friendly neighborhoods.
Mhsheikholeslami, CC BY-SA 4.0, via Wikimedia Commons

Offering cultural venues like the Aga Khan Museum, North York also boasts spacious parks and family-friendly neighborhoods.

Sometimes referred to as Uptown Toronto, North York is located north of the city center. Originally a separate township, it became part of Toronto in 1998. Today, it’s a residential and business district.

Landmarks in North York include the Toronto Centre for the Arts (now Meridian Arts Centre), which features concerts and theatrical productions, and the Aga Khan Museum, which showcases Islamic art, culture, and history in a striking building designed by architect Fumihiko Maki. Though technically in East York, the Ontario Science Centre is a popular destination for families commonly associated with the area.

Furthermore, North York is home to Yorkdale Shopping Centre, one of the largest malls in Canada, as well as parks like Earl Bales Park and G. Ross Lord Park, which offer year-round outdoor recreation, including a ski hill and trails. Unlike the city center, Uptown Toronto is spread out and quieter in the evenings, with restaurants and cafes concentrated around shopping centers and major intersections.

Public transportation in North York is anchored by Line 1 (Yonge–University), which has several stops, including Sheppard–Yonge, North York Centre, and Finch Station. Additionally, multiple bus routes connect residential areas to subway stations, and Highway 401 provides car access.

Best Hotels in North York

Pan Pacific Toronto
Best 4-star hotel
Pan Pacific Toronto

Nestled on 15 acres of scenic parkland and a 16-minute drive from Toronto’s city center, this hotel features a seasonal outdoor pool.

Novotel Toronto North York
Best 3-star hotel
Novotel Toronto North York

The Novotel Toronto is a convenient choice for business trips or leisure escapes. After a day of exploring or working, enjoy international cuisine at the on-site Trio restaurant and bar or work out in the fitness facilities.

Holiday Inn Express Toronto-North York by IHG
Best budget hotel
Holiday Inn Express Toronto-North York by IHG

This nonsmoking hotel is conveniently located near Highway 400 and 407. Holiday Inn Express Toronto-North York, an IHG Hotel, is 5 minutes away from York University and 10 minutes from Canada’s Wonderland.


13. Scarborough

A Quiet location east of the city center

Providing a natural escape from the city, Scarborough is famous for its cliffside trails and beaches.
Laslovarga, CC BY-SA 4.0, via Wikimedia Commons

Providing a natural escape from the city, Scarborough is famous for its cliffside trails and beaches.

Located on the eastern edge of Toronto, Scarborough is an expansive and diverse district known for its suburban layout and natural parks.

Scarborough’s most notable feature is the Scarborough Bluffs, a series of dramatic white cliffs that rise above Lake Ontario and extend for about 15 kilometers (9.3 miles). Parks like Bluffer’s Park and Guild Park and Gardens provide access to lakefront trails and picnic areas.

Additionally, Scarborough is home to the Toronto Zoo, one of the largest in the world. It covers nearly 300 hectares (740 acres) and houses over 3,000 animals. Nearby, the Rouge National Urban Park offers hiking trails, wetlands, and one of the last remaining working farms in the city.

When it comes to transport, Scarborough Town Centre is the district’s main shopping mall and transit hub, with Scarborough Centre Station serving as an important bus interchange. For train travel, Scarborough and Eglinton stations offer GO Transit commuter rail, while Kennedy Station offers Subway Line 2 and GO Transit. Travel times to downtown can range from 40 to 60 minutes.

Best Hotels in Scarborough

Best Western Plus Executive Inn
Best 3-star hotel
Best Western Plus Executive Inn

Featuring 3-star accommodations, Best Western Plus Executive Inn is located in Toronto, 6.7 miles from Toronto Zoo and 10 miles from Ontario Science Centre.

Holiday Inn Express Toronto East - Scarborough
Best budget hotel
Holiday Inn Express Toronto East – Scarborough

Featuring a bar, Holiday Inn Express Toronto East—Scarborough is located in Toronto, Ontario, 6.7 miles from Toronto Zoo and 10 miles from Ontario Science Centre. This 2-star hotel offers a 24-hour front desk, a concierge service, and free WiFi.


14. Mississauga & Toronto Pearson Airport

A convenient location for travelers in transit

Toronto Pearson International Airport offers a practical base for travelers on short layovers.

Toronto Pearson International Airport offers a practical base for travelers on short layovers.

Pearson Airport is located in the Greater Toronto city of Mississauga, about 23 kilometers (14 miles) west of Downtown Toronto.

The busiest airport in Canada, Toronto Pearson International Airport (YYZ), serves over 35 million passengers annually. It’s a major hub for Air Canada and WestJet, and offers direct connections to more than 180 destinations in North America, Europe, Asia, South America, and the Middle East. The airport terminals are connected by the free Terminal Link Train.

Several transportation options are available for those traveling to or from Toronto Pearson International Airport. The UP Express offers a direct train to Union Station in about 25 minutes, with departures every 15 minutes during peak hours. TTC buses (such as the 900 Airport Express to Kipling Station) and MiWay buses connect the airport to the Toronto and Mississauga transit systems. GO Transit provides regional bus service, while taxis, ride-share services, and rental cars are available directly outside both terminals. Limited overnight transit service is provided by TTC’s 300 Bloor-Danforth and 332 Eglinton West Blue Night buses.

Hotels near Pearson are generally located along Dixon Road and Airport Road, and mainly cater to business travelers or passengers with early or late flights. The offer ranges from large chain hotels to extended-stay and budget options, often with free shuttles to the terminals.

Learn more about the best areas to stay in Mississauga, Canada.

Best Hotels near Toronto Pearson Airport

Sheraton Gateway Hotel in Toronto International Airport
Best 4-star hotel
Sheraton Gateway Hotel in Toronto International Airport

Conveniently located inside Pearson International Airport, this Mississauga hotel is directly connected to Terminal 3 and just a short ride on the Airport Link Train to Terminal 1.

Alt Hotel Toronto Airport
Best 3-star hotel
Alt Hotel Toronto Airport

This eco-friendly hotel in the Toronto area is just over one mile from the Toronto Pearson Airport via a direct, free train. The bright and modern rooms feature a flat-screen cable TV. A lobby bar and a pool table are available.

Quality Inn Toronto Airport
Best budget hotel
Quality Inn Toronto Airport

This Toronto hotel offers complimentary airport shuttle service to Toronto’s Pearson International Airport and easy access to the downtown area. It also features a free daily breakfast and free wireless internet.