The Toronto Financial District is an excellent location in the heart of downtown Toronto with lots of amenities nearby, public transit, restaurants and downtown attractions. It has a lot of highly-rated hotels to choose from but hotels can get pricey in downtown Toronto! We've offered a range of hotels from cheaper to higher-end selections.

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Editor's Top 7 Picks

Editor's Picks
Book from ~$104 CAD
Stylish boutique hotel in a prime downtown Toronto location with comfy beds and free Wi-Fi

Pros
  • Free amenities available to all rooms: Wi-Fi
  • Free amenities available in some rooms: bottled water, Netflix movies, local calls, newspapers
  • Rooms were clean and stylish with comfy beds
  • Location was excellent--close to shops, restaurants, attractions and transit
  • Staff were friendly and accommodating
  • Guests enjoyed breakfast at Over Easy
  • Many felt the hotel was reasonably priced
  • Wi-Fi was rated excellent
Cons
  • Parking is available off site for about $30 per day
  • Some found the rooms a little small and the heater difficult to adjust
  • On occasion guests were disturbed by street noise
  • A few guests complained that their rooms had no view
Editor's Picks
Book from ~$546 CAD
Historic luxury landmark hotel in downtown Toronto with indoor pool, day spa and fine dining

Pros
  • Free amenities: Wi-Fi is included for President’s Club members and Gold Floor rooms and available for free in the lobby
  • Rooms were clean, updated and had comfy beds and nice decor
  • Location was well liked, close to Union Station, Air Canada Centre, the PATH
  • Staff were attentive and friendly
  • Guests enjoyed delicious meals and breakfast buffets on site
  • Guests praised the elegant interiors and public spaces of the hotel
Cons
  • Wi-Fi is $15.76 or $27.06 per 24 hours for non Club members
  • Valet parking is $53 per night
  • Some complained of small rooms with little closet space
  • Noise from hallways and other rooms an issue for some
  • A few guests found the hotel pricey
Editor's Picks
Book from ~$159 CAD
Popular downtown Toronto all-suite hotel with kitchenettes, private hot tubs & indoor pool

Pros
  • Free amenities: Wi-Fi
  • Guests were impressed with the suites for cleanliness, amenities and style
  • Location was excellent in walking distance of restaurants, shops, attractions and right next to the subway
  • Many thought it was great value for the dollar
  • Staff were welcoming and professional said guests
  • Guests enjoyed meals on site and the hotel's friendly bar
Cons
  • Valet parking is available for $45 overnight till 11 am
Editor's Picks
Book from ~$170 CAD
Highly praised classic luxury hotel in downtown Toronto with high quality rooms and dining

Pros
  • Free amenities: Wi-Fi in the lobby
  • Location ideal to downtown attractions, restaurants, shopping and public transit
  • Great stylish, spacious and comfortable rooms said guests
  • Professional, friendly and helpful service from staff
  • Guests enjoyed good dining on site
Cons
  • In-room Wi-Fi costs $14.95 or $19.95 per 24 hours
  • Valet parking is $45 per day
  • No swimming pool on site
  • Restaurant a little pricey according to a few guests
Editor's Picks
Book from ~$146 CAD
Classy downtown Toronto hotel attached to Convention Centre with indoor pool & fine dining

Pros
  • Free Wi-Fi to IHG rewards members
  • Many enjoyed clean, quiet rooms with comfortable beds
  • Some guests had spectacular views of the lake and city
  • Location was ideal to the convention centre, and handy to attractions, restaurants and public transit
  • Guests spoke highly of the spa area, staff and treatments
  • Many enjoyed the pool and hot tub
Cons
  • Valet parking is $45 per day
  • Wi-Fi (for non-club members) daily cost is $13.95/regular and $17/premium
  • Guests often found breakfast, room service and other meals pricey
  • Some guests thought that the hotel was expensive
Editor's Picks
Book from ~$142 CAD
Highly praised downtown Toronto all-suite hotel with rooftop hot tub and restaurant

Pros
  • Free amenities: Wi-Fi, local calls
  • Suites were clean, updated, spacious and quiet
  • Location was handy to Eaton Centre, public transit, restaurants
  • Staff were very helpful and professional
  • Guests liked the rooftop hot tub
  • Good value at this hotel according to guests
  • Wi-Fi was rated excellent
  • Guests often liked the no party, no late-night guests rule
Cons
  • Parking is $27 per night including tax
  • Some found the beds uncomfortably hard
  • Breakfast not included in all room types
Editor's Picks
Book from ~$250 CAD
Classy downtown Toronto luxury hotel with indoor pool, fine dining and high-end amenities 

Pros
  • Free amenities: Wi-Fi, bottled water, shoe shine, newspapers
  • The rooms were elegant and well furnished with high quality furniture and amenities
  • Wi-Fi was rated as excellent by online reviewers
  • Guests loved the views of Lake Ontario and the CN Tower from south-facing rooms
  • Excellent buffets, dining and drinks at the hotel said guests
  • Staff provided efficient and thoughtful service
  • Prime downtown location, an easy walk to entertainment venues, restaurants, shopping and business offices
Cons
  • Valet parking is $48 for overnight

3 Other Frequently Booked Hotels in Toronto Financial District

Editor's Picks
Book from ~$94 CAD
Good value Toronto hotel with clean and cozy rooms in an excellent downtown location
Pros
  • Many guests liked their clean, comfortable and well-equipped rooms
  • Many guests liked the hotel's location, close to dining, shopping, downtown attractions and the harbourfront
  • Friendly and welcoming staff, according to guests
  • Numerous guests were pleased with the value offered by the hotel
Cons
  • A few guests reported small-sized rooms and bathrooms
  • Wi-Fi costs $6 per 24 hours
  • No on-site parking
Editor's Picks
Book from ~$115 CAD
Pet-friendly and well-located downtown Toronto hotel with indoor pool, restaurant & lounge
Pros
  • Free Wi-Fi and free pet stays
  • Several reviewers enjoyed their clean and well-equipped rooms
  • The hotel was praised for its downtown locale and proximity to attractions
  • Guests enjoyed the pool at the hotel
  • Many lodgers were pleased with the hotel's fair rates
  • Guests enjoyed breakfasts on site
Cons
  • Parking costs $25 per day
  • Some guests said the hotel rooms were dated
Editor's Picks
Book from ~$141 CAD
Well-liked downtown Toronto hotel with a year round indoor-outdoor pool, restaurant & spa
Pros
  • The hotel was praised for its downtown locale and proximity to public transit
  • Many guests were pleased with the level of customer service they received
  • Several reviewers enjoyed their clean and comfortable rooms
  • Ample on-site recreation: indoor hot tub, indoor/outdoor pool, sauna, fitness facilities
  • On-site restaurant with room service
Cons
  • Parking is valet only, costs $50 daily
  • Wi-Fi costs $16 per 24 hours, or $7.95 for wired Internet per day
  • A few guests reported noise transfer
  • A few guests complained about the added fees and restaurant prices

Tips For Staying In Toronto Financial District

Downtown Toronto's Financial District is the city's central business hub. It is home to countless corporate headquarters, banks, the Toronto Stock Exchange and the Metro Toronto Convention Centre. Visitors will be pleased to find a wide selection of hotels in the area. Those in town for business will enjoy the ease of travelling between work and their hotel, while pleasure seekers will find a central downtown location from which to explore the city.

Follow The PATH
Toronto's Financial District is known for its unique underground pedestrian walkway system, called PATH. With 29 km of shopping, restaurants and entrance points to public transit, PATH is classified as The Guinness Book of World Records' largest underground shopping complex. Anyone who's been to Toronto in the winter months will certainly appreciate being able to circumvent the cold weather, although PATH is also particularly useful on rainy or extra hot and humid days. 

Conveniently, several hotels are directly connected to PATH. Sheraton Centre Hotel, Hilton Toronto, the Ritz Carlton and the Fairmont Royal York all have direct entrances to PATH, which also happens to be connected to Union Station. Union connects passengers to the TTC subway and streetcar network, and is also home to VIA Rail trains and GO trains and buses. The closest hotel to the station is the Fairmont Royal York, which is just across the street.

Home Away From Home
Working away from home isn't always the most comfortable of situations, so there are a few things you might look for in a hotel to help make life a little easier when you're on the road. A business centre, meeting rooms, Wi-Fi and in-room desks are important for when you need to get some work done. On-site dining (with 24-hour room service) is also a feature to look for, so you always have time to eat, even if you're busy.

Valet laundry services, as well as in-room hair dryers and irons and ironing boards, are useful if you have important meetings to attend. And of course, everyone wants to relax after a hard day's work. Choose a hotel with a spa and wellness centre, as well as an indoor pool and hot tub, so you can treat yourself. 

Luckily, there are several excellent area hotels that will cater to these needs. The Cosmopolitan Toronto Hotel and Spa, an Editor's Pick for exceptional value, not only offers many of the above amenities and services, but its rooms also have kitchenettes and, usually, a washer and dryer. However, it doesn't have a pool. 

The Shangri-La Hotel Toronto is another excellent choice, with spacious in-room work areas. It offers everything listed above, and it's situated conveniently between Osgoode and St. Andrew Stations.

InterContinental Centre Hotel is another Editor's Pick hotel, located on site at the Metro Toronto Convention Centre. Just west of Union Station, and very close to the Rogers Centre and Air Canada Centre, it's a great choice for anyone looking to catch a concert or game while in town. It also offers all of the amenities and services highlighted above, plus its pool and hot tub use saltwater instead of chlorine.

It's The Little Things
Travelling on a tight budget can be difficult. It's the little things that tend to add up, so when you're trying to keep costs down, finding a hotel with not only low rates, but with free Wi-Fi, can be helpful. Victoria Hotel, another Editor's Pick, and Novotel Toronto Centre, have free Wi-Fi. Cambridge Suites Hotel also has free Wi-Fi, plus in-room mini-fridges and microwaves, making it easy to save a bit of money by eating a few meals in. 

Strathcona Hotel is our Editor's Pick for best value in this area, however. It offers some of the lowest rates in the district, and inexpensive Wi-Fi ($5.95 per day).

With so many hotels to choose from in Toronto's Financial District, you're sure to find your home away from home, whether looking for downtown convenience, luxury or a budget-friendly option.
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