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Top Affordable Function Rooms in Toronto, ON
Toronto’s neighbourhoods are packed with affordable function rooms that strike the perfect balance between price and practicality. Scarborough, Etobicoke, or downtown Toronto offer spaces that don’t just fit your budget, they’ll take your event up a notch with thoughtful details like AV equipment, stylish decor, catering options, and flexible layouts. There’s no need to compromise on quality for your milestone birthday, business meeting, or community gathering. You can easily find affordable venues with Tagvenue. Sort through your options by price, location, and amenities to secure a space that suits your needs—and maybe even leave room in your budget for something extra special.
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![Bright Loft Studio Space at TorontoEventSpaceRentals.ca Event/Meet/Photo in Leslieville, Toronto, ON]()
Bright Loft Studio Space
50 guestsTorontoEventSpaceRentals.ca Event/Meet/PhotoLeslieville, Toronto, ONDDara S.
“I rented this space for a baby shower for and everyone loved it. Looks exactly like the photos.”from C$160
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![Auditorium at Cecil Community Centre in Kensington-Chinatown, Toronto, ON]()
Auditorium
268 guestsCecil Community CentreKensington-Chinatown, Toronto, ONEEmily
“Had a wonderful experience working with Emanuelle. The facility was beautiful and useful for my event.”from C$150
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![Activity Space at S3PACE in Hillcrest Village, Toronto, ON]()
Activity Space
140 guestsS3PACEHillcrest Village, Toronto, ON
#Supervenue
KKelly O.
“Love the bright, colorful and multi-purpose feel of the venue.”from C$360
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![Entire Studio at Leaside Studio in Leaside-Bennington, Toronto, ON]()
Entire Studio
30 guestsLeaside StudioLeaside-Bennington, Toronto, ONCCamelle
“Overall a beautiful space would rent again in the future.”from C$115
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![Licensed Event Space at Ahma Toronto in Roncesvalles, Toronto, ON]()
Licensed Event Space
50 guestsAhma TorontoRoncesvalles, Toronto, ONJJennifer M.
“They were easy and accommodating to deal with and the space is even better in person than in the photos!”from C$275
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![Entire Studio at The Luna Studios in Thorncliffe Park, Toronto, ON]()
Entire Studio
30 guestsThe Luna StudiosThorncliffe Park, Toronto, ONKKathie F.
“Theres a little makeup table outside the main dining area. I would definitely rebook for another event.”from C$90
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![Prime Luxury Space 3800 sqft at Wavy Events in Kensington-Chinatown, Toronto, ON]()
Prime Luxury Space 3800 sqft
150 guestsWavy EventsKensington-Chinatown, Toronto, ON
#Supervenue
AAndrew L.
“Venue was more than enough for over 100 people. Would book again!”from C$350
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![Bright Liberty Village Loft at Sorry Studio in Liberty Village, Toronto, ON]()
Bright Liberty Village Loft
80 guestsSorry StudioLiberty Village, Toronto, ONSStephanie
“Great space - will be used by our team again soon!”from C$95
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![Loft Studio at Bank Studios in Leslieville, Toronto, ON]()
Loft Studio
150 guestsBank StudiosLeslieville, Toronto, ONThe Space at Dundas and Carlaw in Toronto is a versatile venue perfect for a variety of events and productions. Ideal for photography and videography, it caters to medium to large-sized productions, brand or product launches,from C$166
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![Event Space at Ballroom Expressions Dance Studio in Mount Dennis, Toronto, ON]()
Event Space
150 guestsBallroom Expressions Dance StudioMount Dennis, Toronto, ONWhether you're organizing a dance class, a celebration, or a special event, we have the ideal venue for you. Feel free to reach out to us to discuss rental rates, availability, and any specific requirements you may have.from C$300
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![Training Room at S3PACE in Hillcrest Village, Toronto, ON]()
Training Room
70 guestsS3PACEHillcrest Village, Toronto, ON
#Supervenue
CCheryl L.
“Great space, easy to connect to wifi and the large screen, access to whiteboard.”from C$136
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![Boardroom at 1RG Space in High Park North, Toronto, ON]()
Boardroom
6 guests1RG SpaceHigh Park North, Toronto, ONSpacious meeting room on the top flow of the building filled with light. The room has its own private washroom, conference call facilities available, as well as a whiteboard and access to a shared kitchen with complimentaryfrom C$45
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FAQs about Affordable Function Rooms in Toronto, ON
Can I host a casual party in a cheap function room?
These venues are super versatile, so whether you're celebrating a birthday or hosting a casual reunion party, there's something for you. Spaces like Sorry Studio in Liberty Village can hold up to 80 standing guests and are great for relaxed team-building events. You can even bring your own decor to set the mood!
How long can I rent an affordable function room for?
From hourly rentals to full-day bookings, you've got options. Smaller venues, like LAUFT King East, are great for quick meetings or pop-ups (just an hour or two). For all-day events, places like StartWell in West Queen West are perfect.
What types of function rooms can I book for my event in Toronto?
For professional events, small meeting rooms like 1RG Space or Silverstone Learning Academy are ideal for private discussions or workshops. If you're hosting an elegant party, lofts like The Vista Event Space in the Junction Area offer a warm atmosphere with a dedicated lounge area. Creative Studios like Media Studio in Bay Street Corridor are fantastic for innovative events or photoshoots. Function halls like The Unity Studio or Wavy Events can hold up to 150 guests for larger celebrations or corporate events.