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
- > $
- > 2 Guests
- > Large Windows w/ City Views
- > Well-Equipped Kitchen & Spacious WC
Enormous Room Downtown
- > $
- > 2 Guests
- > Private Bar Area in Room w/ Stools
- > Tons of floor space
Beautiful Loft in the Heart of Downtown
- > $$
- > 2 Guests
- > Fully-Equipped Kitchen
- > Washer & Dryer
Quiet & Stylish Queen West Apartment
- > $$$
- > 6 Guests
- > Breakfast included
- > High Chair & Crib
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!
VRBOs are another great option for local accommodation in Toronto!
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The 15 Top Airbnbs in Toronto
Overall Best Value Airbnb in Toronto | Modern High Rise Downtown Condo
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
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
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
This one bedroom and one shared bathroom in a historic Toronto homestay make 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.
Best Airbnb in Toronto for Nightlife | Sophisticated Toronto Downtown Apt
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 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
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
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
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
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
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 allow 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
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
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
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
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
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
Pants, socks, underwear, soap?! Take it from us, packing for a hostel stay is not always quite as straightforward as it seems. Working out what to bring and what to leave at home is an art we have perfected over many years.
Check out our definitive Airbnb Packing list for our top packing tips!
FAQ about Airbnbs in Toronto
Here’s what people usually ask us when they look for vacation homes in Toronto.
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.
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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.
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