Cheap Banquet Halls for Rent in Toronto, ON

Cheap Banquet Halls for Rent in Toronto, ON

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Top Cheap Banquet Halls in Toronto, ON

Are you planning an event and need help figuring out where to start? If you want your event to be remembered for a lifetime and don't know where to host it, our affordable banquet halls in Toronto have your dream party covered! From hotel halls with chandeliers to rustic manors, we have banquet halls of every style to suit your event! Get details about catering options, entertainment, pricing, and much more on any venue on Tagvenue. Booking an event has never been more effortless! Explore cheap banquet halls and book your favourite today.

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133 Banqueting Hall Venues in Toronto, ON

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External catering allowed Wedding Venue provides alcohol Parking Luxury BYO alcohol Birthday Party Party Whole venue Private space Modern Venue offers catering Bring your own DJ Play your own music Speakers
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Cheap Banquet Halls for Rent in Toronto, ON

FAQs about Top Cheap Banquet Halls in Toronto, ON

The cost of cheap banquet halls in Toronto averages around C$60 per person. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in Toronto, based on Tagvenue data from October 2025:

Prices of cheap banquet halls in Toronto
From C$50 to C$100 per person
From C$100 to C$320 hire fee per hour
From C$1500 to C$4000 minimum spend per event

Based on the popularity and user ratings on Tagvenue (updated October 2025), the best options include:

  • Windsor at Best Western Premier in West Humber-Clairville - rated 5/5
    Our user said: ‘This will definitely be my first choice for any party.’

  • Main Hall at The Vista Event Space in Junction Area - rated 4.9/5
    Our user said: ‘I would definitely recommend this venue and use it for future events.’

  • First Floor at Foy House in The Village - rated 4.8/5
    Our user said: ‘If you’re looking for a unique, beautiful venue in downtown Toronto, I highly recommend Foy House.’

You'll find cheap banquet halls in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in Toronto, together with the standard prices in each size range, based on Tagvenue data (October 2025):

Small cheap banquet halls up to 100 guests prices average C$115 hire fee per hour
Medium cheap banquet halls between 150 and 220 guests prices average C$3000 minimum spend per event
Large cheap banquet halls over 270 guests prices average C$4000 minimum spend per event

Banquet halls, like reception halls, are typically used for the same events. However, banquet halls are held in locations that regularly organise events, such as restaurants and hotels. Banquet halls also have different seating arrangements, allowing small groups of people to interact with each other at a table. A reception setup utilises smaller rounds with highboys, which can accommodate 3-4 people and is normally hosted for receiving well wishes from guests.

Toronto banquet halls offer ample space, elegant decor, and flexible seating arrangements. With their spacious interiors, these venues can comfortably accommodate large gatherings. Banquet halls often provide customisable decor options and event packages to suit any theme or style. They are perfect for creating lasting memories, whether celebrating a special birthday, hosting a formal corporate event, raising funds for a cause, or tying the knot.

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