Ultimate Guide to Saving Money on Your Toronto Trip

Consider Flying into an Airport Other than Toronto Pearson International Airport

1. Toronto City Centre Airport is the hub for Porter Airlines, connecting several Canadian destinations, along with New York City and Chicago. The convenience of this airport, located downtown, results in reduced transportation costs compared to Toronto Pearson International Airport, which is situated 20 minutes outside the city.

2. Hamilton International Airport is approximately a 45-minute to one-hour drive from Toronto and is similarly positioned near Niagara Falls, making it a cost-effective base for exploring both locations.

3. Buffalo International Airport, located close to Niagara Falls, is within a two-hour drive from Toronto. When flying from other U.S. cities, you may find more affordable airfare to Buffalo. Renting a car also gives you the chance to stop and pick up duty-free goods on your way.

Save Money on Toronto Accommodation

Many Toronto hotels provide clean, basic accommodation at reasonable rates. However, staying further outside the downtown area may yield better deals, though you should factor in transportation costs.

During the summer months, staying at one of the University of Toronto’s dorms can offer significant savings, with St. Michael’s College and Massey College providing summer rentals, the latter of which includes a complimentary breakfast.

Additionally, Toronto boasts a variety of (guesthouses and hostels) that cater to budget travelers.

Save Money on Eating in Toronto

Enjoying affordable meals in Toronto does not have to compromise quality. Visiting local markets like St. Lawrence Market delivers fresh, delicious options at lower prices compared to standard restaurants.

Moreover, exploring ethnic neighborhoods, such as Chinatown and Little Korea, reveals inexpensive and delightful eating options, including Vietnamese subs and affordable Korean dishes. You’ll also find numerous hot dog stands that have expanded their offerings to include a variety of sausages and vegetarian hot dogs, perfect for a quick meal on the go.

Include Free or Almost Free Toronto Attractions on Your Itinerary

Toronto offers a wealth of parks, museums, and cultural centers that allow visitors to experience the city’s unique charm without spending a fortune. Many attractions are free or nearly free, making them ideal for budget travelers looking for an authentic glimpse of Toronto.

Take Public Transportation Instead of Taxi Cabs

Toronto features an efficient system of streetcars, buses, and subways through the Toronto Transit Commission (TTC), which makes navigating the city convenient and affordable. Consider parking for free at designated TTC Commuter Parking Lots on weekends, and opt for single or family day passes to maximize transportation savings.

Furthermore, Toronto’s streetcar routes provide a genuine experience as they traverse the city alongside regular traffic. For instance, the streetcar 501 runs the length of Queen Street, offering passengers a cost-effective way to explore this iconic destination.

Buy Toronto CityPass If You Plan on Visiting Toronto’s Major Attractions

The Toronto CityPass is an excellent investment for those planning to visit some of the city’s most popular attractions. This booklet includes admission tickets to six major sites at nearly half the price. With a CityPass, you can also bypass long ticket lines at most attractions. The CityPass is valid for nine days from the first day of use and comes with maps and tourist information to enhance your visit.

Buy Same-Day-Performance Tickets with T.O. TIX

T.O. TIX offers an affordable way to attend theatre, dance, opera, comedy, music, and special events with discounted tickets available on the day of performance. You can purchase tickets directly online or in person at the T.O. TIX ticket booth located outside the Eaton Centre at Yonge and Dundas.