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With its dark pine furnishings, natural decor, vibrant colors, and tastefully appointed guest rooms dedicated to one of the four elements – earth, fire, air, and water – travelers will enjoy the calming atmosphere of this retreat from the city. Located near Casa Loma.

In the west of the city, near Pearson Airport and major traffic arteries, this hotel has large, comfortable standard rooms and suites. Extra features include free parking and airport shuttle service running from 3am to 11pm.

Located on the University of Toronto campus, Victoria University opens its doors to budget-minded travelers during summer-semester holidays, mid-May to the end of August. A quiet setting combined with a central location make these lodgings an excellent base from which to explore the city.

This student residence turns into a guest house from early May to the end of August. While the rooms are spartan and bathrooms are shared, the price is right for tight budgets. Groups are welcome. The central location means many of the city’s top destinations are in walking distance.

In the heart of Toronto’s Gay and Lesbian Village on a tree-lined street, this charming small hotel, with a lovely Victorian-style garden, provides a respite from the bustle of the city. All rooms come with private baths, and suites are equipped with amenities such as a fridge and microwave. Free parking.

Close to Casa Loma, three Victorian houses have been linked together to make a small hotel offering rooms and apartments at affordable rates. All come with a private bath, mini-fridge, and microwave.

Each studio unit in this six-floor hotel near colorful Kensington Market is equipped with a kitchenette and private bath. Stays are for a minimum of three nights.

Just south of Chinatown, this hostel has its own lively in-house bar and an outdoor patio. Beds are in dorms, rooms for four, or a few private rooms. Bathrooms are shared.

Offering mainly shared rooms in dorms, although there are a few private rooms with private bath, a stay here is one of the cheapest in the city. It is located just south of the Gay Village.

A short walk from the falls, this hostel is especially well kept. No private baths, but some private rooms, along with dorms and four-bed rooms.