Modern, bold and very hip, Toronto is Canada’s most populous city as well as being one of its most popular, receiving 47 million visitors annually! Famed for the Jetson-esque CN tower, and the tranquil shores of Lake Ontario, there is a lot going on in Toronto to keep visitors busy.

Because of its sheer size and diversity, choosing where to stay in Toronto can prove kinda tough. That is why we have compiled these handy rentals in Toronto guide to save you the hassle.

So, let’s get started with our guide to the very best Airbnbs in Toronto.

Quick Answer: These are the Top 5 Airbnbs in Toronto

Modern High Rise Downtown Condo, Toronto

Modern High Rise Downtown Condo

  • > $
  • > 2 Guests
  • > Large Windows w/ City Views
  • > Well-Equipped Kitchen & Spacious WC
Enormous Room Downtown, Toronto

Enormous Room Downtown

  • > $
  • > 2 Guests
  • > Private Bar Area in Room w/ Stools
  • > Tons of floor space
Beautiful Loft in the Heart of Downtown. Toronto

Beautiful Loft in the Heart of Downtown

  • > $$
  • > 2 Guests
  • > Fully-Equipped Kitchen
  • > Washer & Dryer
Quiet & Stylish Queen West Apartment, Toronto

Quiet & Stylish Queen West Apartment

  • > $$$
  • > 6 Guests
  • > Breakfast included
  • > High Chair & Crib
Glam Penthouse Condo w/ Sauna, Toronto

Glam Penthouse Condo w/ Sauna

  • > $$$$
  • > 4 Guests
  • > Enormous Gourmet Kitchen
  • > Access to Sauna & Yoga Studio

Looking for other types of accommodation? Check out our guide to Where to Stay in Toronto!

Why stay in an Airbnb?

  • Local Experience: While many Toronto Airbnbs are managed by companies, they’re still locally based. Get the best recommendations for your Toronto itinerary that you won’t find in the guidebooks to make your trip truly special!
  • Unique Properties: A vacation is a break from the norm, so why not stay in a property that reflects that? Airbnb is where to find the coolest and most unusual places to stay!
  • Privacy: Another great filter – choose an entire place to ensure you won’t be disturbed during your trip.
  • Affordability: Airbnbs offer a lot more value for money than equivalently priced hotels. And with big group stays, you can split the cost multiple ways!
  • Airbnb Experiences: It’s not all about where to stay – check out what there is to do in the area with Airbnb Experiences!
Toronto, Canada
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The 15 Top Airbnbs in Toronto

Overall Best Value Airbnb in Toronto | Modern High Rise Downtown Condo

Modern High Rise Downtown Condo, Toronto
  • $
  • Large Windows w/ City Views
  • 2 Guests
  • Well-Equipped Kitchen & Spacious WC

This one bedroom and one bathroom Toronto apartment is located right in the heart of Downtown Toronto. It’s within walking distance of all the best that Toronto has to offer. This modern high-rise building also comes with an elevator, so you won’t have to worry about hefting your luggage up a hundred stairs.

Also, the city views below the large windows in this Toronto Airbnb are breathtaking. Moreover, the kitchen is fully equipped with all you need, and there is a full-sized bathroom as well. Although this place is small in size, it’s stylish and enormously comfortable and is at quite an affordable price!

Best Budget Airbnb in Toronto | Simple & Stylish Room at Downtown Core

Simple & Stylish Room at Downtown Core, Toronto
  • $
  • 24/7 Kitchen Privileges
  • 2 Guests
  • Lock-on Bedroom Door

Located in the core of Downtown, this budget-friendly, one-bedroom room in a shared apartment is a steal. There is a fully equipped kitchen that guests are welcome to use, which is actually cleaned daily by the hosts. In fact, the hosts have specified that guests are allowed to use the kitchen 24/7, so there are no cooking restrictions whatsoever – midnight feast anybody?!

This Toronto Airbnb room is located on the third floor of a building, however, there is an elevator if you’re feeling lazy. That being said, it is worth noting that the WiFi isn’t particularly strong or fast here at this Airbnb, so if you’re looking to stream Netflix or surf YouTube, this isn’t the Toronto Airbnb for you. However, if you’re looking to save a pretty penny and stay in a simple and sweet room, this is definitely the best Airbnb in Toronto for you!

Budget Tip: Dorms in Toronto start from $40USD per bed. They’re the cheapest accommodation in the city. Search for hostels in the area!

Perfect Short-Term Rental for Digital Nomads | Minimalist Room w/ Pristine Clean WC

Minimalist Room w/ Pristine Clean WC, Toronto
  • $
  • Washer & Dryer
  • 2 Guests
  • Surrounded by International Eateries

Ready to get some work done? Good because this one bedroom and private bathroom short term rental in Toronto is yours for the taking. It’s a minimalist styled room, free of all distractions except for two beautiful pieces of artwork. The bed is fluffy and sweet dreams are practically guaranteed after a night in that heavenly bed.

Inside your room, there is a simple desk and chair where you can really crack down and get good work done. Additionally, the hosts allow guests to use the shared kitchenette for coffee, tea, and simple meal preparation. There is also a washer and dryer that guests are allowed to use. Moreover, this Toronto homestay is located close to downtown and is actually in a vibrant and colorful neighbourhood in and of itself, that has wonderful eateries all just within a few blocks.

Perfect Airbnb for Solo Travelers | Heart of Toronto Heritage Building

Heart of Toronto Heritage Building, Toronto
  • $$
  • Cozy Reading Chair
  • 2 Guests
  • Historic Home Close to the Action

This one bedroom and one shared bathroom in a historic Toronto homestay makes for an excellent stay for the solo travelers out there. This 900 square foot Toronto apartment is within walking distance to all the attractions and is mere steps away from the subway. Inside the guest room, there is a queen-sized bed that is both cozy and inviting.

Specifically, this Toronto Airbnb is located in the Church and Wellesley neighborhood that is close to all the action, while still being on a beautiful historic street. Additionally, the room itself is nicely styled, with fun artwork, nice nightstands and lamps, and a comfortable reading chair.

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Best Airbnb in Toronto for Nightlife | Sophisticated Toronto Downtown Apt

Sophisticated Toronto Downtown  Apt, Toronto
  • $$
  • Breakfast Included
  • 2 Guests
  • Floor to Ceiling Windows

Downtown Toronto is where the true, throbbing pulse of the nightlife happens. From the swanky CC Lounge and Whisky complete with plenty of disco-ball chandeliers to the chic Pravda Vodka Bar, to the old-fashioned Library Bar, there is plenty of unique pubs and lounges to explore in Downtown. Staying at this Toronto Airbnb puts you in the center of all the dancing, drinking, and festivities.

The floor to ceiling windows provide an incredible view of Lake Ontario and of the CN Tower as well. Furthermore, paid parking is available underground. There is a washer and dryer available to use, as well as a fully-equipped kitchen perfect for making late-night snacks and curing a case of the munchies.

Best Short Term Rental for Couples | Beautiful Loft in the Heart of Downtown

Beautiful Loft in the Heart of Downtown. Toronto
  • $$
  • Fully-Equipped Kitchen
  • 2 Guests
  • Washer & Dryer

Sitting on the second floor of an apartment building, this cozy apartment is beautifully styled with tons of crisp, bright, white furnishings. Everything is modern and sparkling clean. Take advantage of the fully-equipped kitchen and the snug living space. This Airbnb in Toronto is the perfect soft, warm, inviting spot to snuggle up with your significant other!

Situated right on the dividing line between Old Town and the Church-Yonge Corridor, in this Toronto Airbnb you get a taste of both sides of the city.

Best Homestay in Toronto | Enormous Room Downtown

Enormous Room Downtown, Toronto
  • $
  • Private Bar Area in Room w/ Stools
  • 2 Guests
  • Tons of floor space

This one bedroom and one shared bathroom Toronto homestay is a dream come true. It’s on a very quiet residential street surrounded by Trinity Bellwoods Park, close to the Fashion District. Public transit options are located just a few minutes away.

This particular Toronto Airbnb is truly enormous. It has a queen-size bed and tons of floor space. In fact, there is enough floor space inside the room itself that you could easy waltz around the place or practically teach a small yoga class! Guests are welcome to access the kitchen, and inside your room itself, there is a small high-table with two bar stools. Quite the find of unique homestays in Toronto!

Runner-Up Homestay in Toronto | Sunny Room with Garden Patio

Sunny Room with Garden Patio, Toronto
  • $$
  • Breakfast Included
  • 2 Guests
  • 2 Free Bicycles to Borrow

Corktown district is located just a bit East of Downtown. This Toronto Airbnb puts you close to the pulse of the city, yet situates you directly on a quiet, residential street. If you want to walk to the center of Toronto, it’s just a quick 10-minute stroll. There are a few shops and restaurants nearby, including sushi, Greek, and Ethiopian!

This private room short term rental is for a room in a townhouse, on the top floor of a forty-year-old building. There’s even a garden patio to enjoy filled with plenty of plants. Furthermore, guests are invited to use the kitchen to the full extent and to use the BBQ grill out on the patio, or hang out in the living room and watch some Netflix. Lastly, there is also plentiful free street parking.

Amazing Luxury Airbnb in Toronto | Penthouse Apt w/ Panoramic View

Penthouse Apt w/ Panoramic View, Toronto
  • $$$$
  • Gym Access
  • 6 Guests
  • Incredible City Views

This penthouse apartment has a view to die for. While not quite clocking in a perfect 360-degree view of the city, you’ll take in a whopping 270-degree view from this Toronto Airbnb. With two bedrooms and two bathrooms, and a total of three beds, this Toronto Airbnb is perfect if you’re looking to splurge a little.

Guests can access the washer and dryer, gourmet kitchen, outdoor balcony, and even a gym in the building! For a nice little surprise, there are no TVs in this luxury Toronto Airbnb, so instead of screen time, enjoy taking in the gorgeous views of the city night and day. Of course, there is good WiFi, so you can always binge-watch Netflix on your iPad if you’d rather…

Over-the-Top Luxury Airbnb | Glam Penthouse Condo w/ Sauna

Glam Penthouse Condo w/ Sauna, Toronto
  • $$$$
  • Enormous Gourmet Kitchen
  • 4 Guests
  • Access to Sauna & Yoga Studio

From this glorious penthouse condominium, you can take in the panoramic views of the CN Tower, Lake Ontario, and the city lights below. Floor to ceiling windows completely blanket this Toronto Airbnb in sunshine and warmth. This incredible two bedroom and two bathrooms short term rental in Toronto allows guests access to a sauna and a yoga studio. With yoga studio access, go get your asana on!

Specifically, this Airbnb in Toronto is nestled behind the historic First Post Office and is just a quick walk to the renowned 200-year-old St. Lawrence Market. In this rental, you’ll be surrounded by top-notch bars and restaurants as well. Go ahead and indulge yourself in a little Toronto glamour and beauty at this astounding most luxurious and best Airbnb in Toronto!

Best Airbnb in Toronto for Families | Quiet & Stylish Queen West Apartment

Quiet & Stylish Queen West Apartment, Toronto
  • $$$
  • Breakfast included
  • 6 Guests
  • High Chair & Crib

This Toronto Airbnb is the perfect place to stay if you are traveling with your family. With two bedrooms, one bathroom, and a total of three separate beds, six guests can easily fit into this beautiful Toronto apartment. This neighborhood is great, convenient for both shopping and eating around Queen Street. Also, the apartment is stylishly designed and quite spacious.

The TV room even has built-in Netflix and Chromecast, so if you want to whip up a meal in the fully-equipped kitchen while the kids watch Dora the Explorer, you can do so with ease! The outdoor patio is small and perfect for enjoying a quiet cup of tea before rocketing off to exploring the city. There is also a crib and high chair provided by the hosts as convenient family features for those traveling with young ones. This is definitely one of the best Airbnb in Toronto for traveling families!

Best Airbnb in Toronto for a Group of Friends | Exclusive, Trendy Distillery Apt

Exclusive, Trendy Distillery Apt, Toronto
  • $$$
  • Free Parking
  • 8 Guests
  • Open Floor Plan

This three bedroom and two bathrooms Airbnb in Toronto comes with a total of four beds. If you and a group of friends are looking for where to stay on your next trip to Toronto, look no further than this Toronto Airbnb! Within ridiculously close walking distance are some tourist hot spots: Distillery District, St. Lawrence Market, and the Waterfront.

Furthermore, this open floor plan is completely in vogue so you can exist in style. With accent pillows, stainless steel appliances, and warm fuzzy blankets, all your friends are sure to drool over this chic apartment. Technically, this apartment is in the Distillery neighborhood of Downtown Toronto and is filled with the rustic charm of old town. Also, you can kiss your parking worries goodbye with the private parking garage!

Best Airbnb in Downtown Toronto | Dapper One Bedroom Downtown Loft

Dapper One Bedroom Downtown Loft, Toronto
  • $$
  • Two additional sofa beds
  • 2 Guests
  • Huge bathtub

This one bedroom and bathroom Toronto Airbnb rental is perfect if you’re looking to stay in central downtown. Although this space has one bedroom, it does have two additional sofa beds, so technically a group of four could squeeze into this cozy short term rental. The bathtub is superb if you fancy a long soak after a day of exploring the city on foot.

Overall, the space is well laid out, clean, and tastefully designed. Indeed, one might go so far as to call it dappe! Lastly, this Toronto Airbnb is located on the ground floor, so you won’t have to struggle up too many stairs at all.

Another Great Apartment in Downtown Toronto | Tasteful & Retro One Bedroom Apt

Tasteful & Retro One Bedroom Apt, Toronto
  • $$
  • Washer & Dryer
  • 2 Guests
  • Hotel Quality Queen Bed

Old-fashioned, yet completely trendy, this retro apartment just has a taste of vintage hinted through the art and furnishings. This one bedroom and one bathroom Airbnb in Toronto, does have an additional sofa bed in the living room, should you be traveling as a trio. Moreover, this beautiful loft is located in the downtown area, just a quick five-minute walk from the Queen Subway. You have to appreciate an affordable Airbnb that has a fully-equipped kitchen, washer and dryer, and even a lock-box as a nice added security feature.

Top Value Airbnb in Toronto’s Chinatown |  Comfy Private Room

Comfy Private Room, Toronto
  • $$
  • Laptop Friendly Workspace
  • 2 Guests
  • Breakfast Included

This private room with a shared bathroom Toronto homestay is a wonderful option for those looking to stay in Chinatown. If you want to walk to the most popular attractions in Toronto, such as the CN Tower or the Aquarium, it will take a twenty to thirty-minute walk.

However, public transportation including buses and subways, makes everything easy to reach! The home itself is historic and has a beautiful outdoor flower garden on the ground floor right outside the entrance to the building. The private room itself has a desk and chair, queen bed, reading lamp, full-length mirror, and wardrobe.

What to Pack for your Toronto Airbnb

Our Broke Backpacker editors have put together a shortlist of their Airbnb essentials, which you can find here.

AR Towel

1. Active Roots Microfiber Towel: Most Airbnb’s provide towels, but I always keep my own handy on my travels in case I can’t get the linens cleaned during a long stay. The Active Roots Microfiber Towel doesn’t just sound fancy, it kinda is fancy. The super comfy material is absorbent and quick-drying – perfect for after a shower or a quick jump into the water. Use it as a beach towel, picnic blanket or yoga towel too. Lightweight and compact, it’ll hardly take up any space in your suitcase.

Packing Cubes

2. Packing Cubes: Having your luggage accessible and organized can make your holidays a lot more enjoyable. Packing cubes help you to pack everything in proper order, prevent wrinkling and losing stuff in the depths of your suitcase. The cubes are see-through and water-resistant. If your Airbnb doesn’t have a place to store your clothes, you can use the cubes as an improvised closet to keep everything accessible yet tidy.

best toiletry bag for one bag travel

3. Active Roots Toiletry Bag: Many Airbnb hosts will provide basic toiletries, but not everyone is happy to find a simple bar of harsh soap so you’ll want to come with some of your own supplies in case. This Active Roots Toiletry Bag keeps all of your bathroom essentials organized, accessible and safe from leaking into your suitcase. The bag stands on its own or hangs off a towel rack. Made from water-resistant and durable material, you can be sure that this bag will survive lots of great holidays.

Suitcase Lock

4. Suitcase Locks: Maybe you don’t trust the airport services or maybe your suitcase is full to bursting. These locks will make sure that everything inside will stay inside. The locks are high quality, robust and TSA approved – you can be sure that your luggage is safe from opportunistic theft.

Reusable Bag

5. Reusable Shopping Bags: Are you familiar with the massive problem with plastic pollution, especially in developing nations? Avoiding consumer-end single-use plastic isn’t a massive challenge to those of us privileged to travel. Start by shopping with reusable shopping bags. They’re long-lasting, they fit everything you need and can be used as beach/picnic/day bags too. In some countries, plastic bags are either banned completely or you have to pay for them so a bag that accompanies you on every trip will go a long way.

Monopoly Card Game

6. Monopoly Card Game: Yes, downtime will happen, even on holiday. The age-old solution: card games! Basic cards can get a bit boring so next time bring along Monopoly Deal Cards. It’s a version of the board game, gets your brain cells involved and brings a lot of fun. Up to 5 people can play at a time, which is perfect when travelling in a small group or with your family.

Final Thoughts on Toronto Airbnbs

Toronto is a multicultural, global city with a lot going on. Whatever your Toronto itinerary is, we are sure you will have an amazing time.

When heading off to Toronto, we hope that we took all your travel worries off your mind by providing you with this handy-dandy list of the best Airbnbs in Toronto. If you’re looking for the best Airbnb in Toronto for your group of friends or for your family trip, we hope you found something.

And don’t forget to take out Travel Insurance for your trip! I have been using World Nomads for some time now and made a few claims over the years. They’re easy to use, professional and relatively affordable. They may also let you buy or extend a policy once you’ve started your trip and are already abroad which is super handy.

If there’s one insurance company I trust, it’s World Nomads. To find out why I use World Nomads, check out my World Nomads Insurance review.

Getting an estimate from World Nomads is simple – just click the button or image below, fill out the necessary info, and you’re on your way!

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