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Where to Stay in Toronto (2027): The Best Areas, 12 Hotels and the 6% Accommodation Tax plus 13% HST

By Casey, Gently Yonder editor

Downtown, Union Station, Yorkville, Old Town, Queen West, the Waterfront and Pearson: 12 hotels, the 6% accommodation tax plus 13% HST, and UP Express fares.

Last updated · 12 min read

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In this guide14 sections
  1. The short answer
  2. Toronto’s accommodation tax and HST
  3. Getting in from the airports, and around
  4. Union Station and the Financial District: the first-trip base
  5. Downtown and the Entertainment District: theatres and King Street
  6. Old Town and St Lawrence: a heritage hotel and a market
  7. Yorkville: shops and a quiet, upmarket base
  8. Queen West and West Queen West: galleries and live music
  9. The Waterfront: the lake, the ferry and the CN Tower
  10. Near Pearson Airport: an honest note
  11. How to book Toronto
  12. All 12 at a glance
  13. Before you go
  14. Frequently asked questions

Two taxes sit on top of every Toronto hotel rate: the City’s 6% Municipal Accommodation Tax and Ontario’s 13% HST, which is charged on the room and on that tax together. On a $300 room that is $59.34 a night before you have left the lobby. Prices in this guide are in Canadian dollars. Where you stay decides the rest of the cost, in time and transit fares.

This guide covers seven areas, from the Entertainment District to the airport hotels, 12 hotels, the airport links and the tax. The hotels are researched picks, chosen for location, what each property publishes and consistent guest feedback, and each was checked as operating in early November 2026. No hotel pays to appear here.

The short answer

If you want… Stay in Why
a first trip, with the airport train and the waterfront close Union Station and the Financial District The UP Express from Pearson ends here, and the lake is a short walk south
theatres, restaurants and the Yonge Street crowds Downtown and the Entertainment District King Street’s bars and the theatre district are on foot
a heritage hotel and a market Old Town and St Lawrence St. Lawrence Market is a few blocks east of Yonge Street
shops and a quiet, upmarket base Yorkville Bloor Street and Yorkville Avenue, with boutiques and restaurants
galleries, live music and independent shops Queen West and West Queen West The art-led stretch of Queen Street, with streetcars to downtown
the lake, the ferry and the CN Tower The Waterfront Harbourfront, the Toronto Islands ferry and the CN Tower
an early flight or a late arrival Near Pearson Airport A hotel linked to the terminals by a free train

Not sure which area? Rank these areas for your trip: pick what matters and see the reasons.

A slender observation tower lit in red above a dense cluster of glass towers under an orange and blue dusk sky
The CN Tower and the downtown skyline at dusk. Photo: Héctor Berganza / Pexels

Toronto’s accommodation tax and HST

Two charges apply to a Toronto hotel room:

Charge Rate
City of Toronto Municipal Accommodation Tax (MAT) 6% of the room portion
Ontario Harmonized Sales Tax (HST) 13%, payable on the room and on the MAT

The City’s page says the MAT is charged on the purchase price of the room portion, and that other services, including food and beverage, are excluded if they are itemised separately on the bill. It also says HST is payable on the MAT portion. A temporary 8.5% rate ended on 1 August 2026, so any guide that still quotes 8.5% is out of date.

Our arithmetic, not an official figure: on a $300 room the MAT is $18.00, which makes $318.00; HST at 13% on that is $41.34, so the night costs $359.34, or about 19.8% more than the rate you were quoted.

Getting in from the airports, and around

Union Station and the Financial District: the first-trip base

Union Station is where the UP Express ends and where the Billy Bishop shuttle stops, so a stay around it is the easiest first night in the city. The Financial District’s towers sit to the north and the lake to the south. It is busy on weekdays and quieter at weekends.

Where to stay in Union Station and the Financial District

How the hotel links work: a hotel’s name goes to its own website. “Check rates” opens it on Booking.com through our partner Stay22, which pays us a commission if you book, at no extra cost to you.

Downtown and the Entertainment District: theatres and King Street

A busy city street with cars and a truck, shopfront signs and tall buildings beyond
A busy downtown Toronto street. Photo: Najam Ahmed / Pexels

The Entertainment District, west of Yonge Street, is the area of King Street’s bars and restaurants and the theatres. Further east, around Victoria Street and Yonge, the downtown core meets the theatre district. It is loud on show nights and well served by streetcars and the subway.

Where to stay in the Entertainment District and Downtown

Old Town and St Lawrence: a heritage hotel and a market

Shoppers at food counters under yellow menu boards in a busy indoor market
Food counters at St. Lawrence Market. Photo: @coldbeer / Pexels

Old Town is the older, east side of downtown, around King Street East and St. Lawrence Market. It is calmer in the evening than the Entertainment District and close to the Financial District on foot.

Yorkville: shops and a quiet, upmarket base

Yorkville is Toronto’s upmarket district, around Bloor Street and Yorkville Avenue, with boutiques, galleries and restaurants. It is a base for shopping and calm evenings rather than nightlife; the Financial District is a subway ride away.

Where to stay in Yorkville

Queen West and West Queen West: galleries and live music

Two streetcars, one with a bright advertising wrap, crossing a wide junction under overhead wires, with a tall tower far behind
A Toronto streetcar at a busy junction, with the CN Tower in the distance. Photo: @coldbeer / Pexels

Queen Street West runs west from the downtown core, and West Queen West, further out, is the stretch of galleries, bars and independent shops. It is a neighbourhood for walking and eating, and the two hotels below are both on Queen Street West, at numbers 1150 and 1214.

Where to stay on Queen West

The Waterfront: the lake, the ferry and the CN Tower

A white ferry crossing the water in front of a flat-roofed domed stadium, a tall tower and a city skyline
The ferry and the skyline from the harbour. Photo: Anurag Jamwal / Pexels

On the lake, Toronto has Harbourfront, the CN Tower and Ripley’s Aquarium, and the Billy Bishop ferry leaves from the foot of Bathurst Street. It suits visitors who want the water and the attractions close.

Near Pearson Airport: an honest note

Most visitors will not need an airport hotel, because the UP Express reaches downtown in 28 minutes. But for an early flight or a late arrival, one is worth a night.

How to book Toronto

All 12 at a glance

Hotel Area Tier Best for Watch out for
Fairmont Royal York Union Station Splurge A grand hotel at the arrival point Price
Hotel Victoria Financial District Good value A small heritage hotel mid-map Only 56 rooms
Le Germain Hotel Toronto Mercer Entertainment District Comfortable A design hotel by the nightlife Valet at extra cost
Pantages Hotel Downtown Good value Space downtown at a fair price 3 pm check-in
The Omni King Edward Hotel Old Town Comfortable Old-world character Near, not at, a subway station
Four Seasons Hotel Toronto Yorkville Splurge Full-service luxury Price
The Hazelton Hotel Yorkville Splurge Generous rooms A laneway view in some rooms
The Drake Hotel West Queen West Comfortable Art and music downstairs Live shows in the building
Gladstone House West Queen West Good value West Queen West at the door 180 sq ft Studio Queen
The Westin Harbour Castle, Toronto Waterfront Comfortable The lake and the pool Conference crowds
Le Germain Hotel Toronto Maple Leaf Square Waterfront Comfortable The attractions at the door Arena event nights
Alt Hotel Toronto Airport Mississauga, by Pearson Good value A short night before a flight Outside the City of Toronto

Before you go

Frequently asked questions

What is the best area to stay in Toronto for a first trip?

Around Union Station and the Financial District: the UP Express from Pearson ends there, the Billy Bishop shuttle stops there and the lake is close. Choose the Entertainment District for theatres and King Street, Yorkville for a quiet upmarket base, Queen West for galleries and live music, or the Waterfront for the CN Tower and the ferry.

How much is the hotel tax in Toronto?

The City of Toronto charges a 6% Municipal Accommodation Tax on the room portion, and Ontario's 13% HST is payable on the room and on that tax. By our arithmetic, a $300 room costs $359.34 a night, about 19.8% more than the quoted rate. A temporary 8.5% rate ended on 1 August 2026.

How do you get from Pearson Airport to downtown Toronto?

Take the UP Express to Union Station: 28 minutes, $12.35 one way for an adult, or $9.25 when you pay with PRESTO or a contactless card. Children aged 12 and under travel free.

How do you get from Billy Bishop airport to downtown?

A free shuttle bus runs every 15 minutes between Billy Bishop Toronto City Airport and Union Station. You can also take the ferry to the mainland, free for pedestrians, then the 509 Harbourfront streetcar from the Bathurst and Queens Quay West stop, which reaches Union Station in under 15 minutes.

How much is the TTC in Toronto?

An adult fare is $3.30 with PRESTO or a debit or credit card, and $3.35 in cash. Customers who pay cash get no two-hour transfer and no monthly fare capping.

Is there a hotel at Toronto Pearson Airport?

Yes: Alt Hotel Toronto Airport is linked to the terminals by the free 24/7 LINK train. It is in Mississauga, outside the City of Toronto, so compare the final total rather than assuming the City's 6% tax applies to its bill.

Sources & further reading

Prices, fares and hotel terms change. Every detail here was checked in early November 2026; confirm rates, room types and cancellation terms with the hotel before booking. These are researched picks, not reviews. This article contains affiliate links: hotel rates on Booking.com and other booking sites through Stay22, and tours, transfers and eSIMs through our partners; if you book through them we may earn a commission at no extra cost to you. No hotel pays to be included.

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