10+ Best Budget Restaurants in Toronto (Ontario, Canada) 

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Not only do the best budget restaurants in Toronto serve delicious eats that won’t drain your wallet, but they also offer a laid-back vibe perfect for catching up with friends or enjoying a casual date night without the hefty price tag. And with so many options, you’ll always enjoy exploring the city’s culinary scene on a budget.

1. WVRST 

best budget restaurants in Toronto
via wvrst.com 

WVRST, one of the best budget restaurants in Toronto, serves excellent German-style sausages and more. Besides burgers and sausages, be sure to try their fries and vegan options. Also, its craft beers are among the favourites. 

2. Seven Lives Tacos y Mariscos

best budget restaurants in Toronto
@sevenlivesto via instagram.com

Want some Baja-style tacos with a twist? This restaurant specialises in seafood and smoked tuna tacos and boasts an immersive and stylish interior designed by a local artist. Be sure to try its daily special Suadero-braised beef belly.

3.  Mildred’s Temple Kitchen 

best budget restaurants in Toronto
Photo credit: @isaiahastic (Photo via @mildredstemplekitchen)

A destination brunch staples with a convivial vibe, Mildred’s Temple Kitchen offers locally sourced ingredients. Craving fluffy pancakes or soft poached eggs on a flakey croissant? You’ll find it at affordable prices. 

4. The MoMo House

best budget restaurants in Toronto
@themomohouse.ca via instagram.com

Ever tried Tibetan food at the best budget restaurants in Toronto? Now’s your chance in The Momo House. Its delicious Tibetan momos for under $10 are a must-try, perfect for a casual dinner out that won’t break the bank.

5. Istanbul Shawarma & Grill

best budget restaurants in Toronto
@istanbulshawarma via instagram.com

Little Italy’s Istanbul Shawarma offers a variety of wraps for under $10, making it one of the best budget restaurants in Toronto. The menu will satisfy your shawarma cravings without emptying your wallet, perfect for those exploring the best budget restaurants in Toronto. 

  • 430 College St unit 1/2, Toronto 
  • +1 647-348-7288 

6. The Heartbreak Chef

best budget restaurants in Toronto
Photo credit: @fareenkay⁠⁠ (Photo via @dishedtoronto)

Dundas West’s newest addition, The Heartbreak Chef, serves flavourful fried chicken sandwiches and chicken and waffles. It’s a famous destination for those seeking delicious yet budget-friendly comfort food. 

7. Rasta Pasta 

Photo credit @dishesinthe6ix (Photo via @eatrastapasta )

Rasta Pasta is your next favourite spot for Caribbean dishes in Toronto. Its special includes jerk chicken, rice, and your choice of salad or coleslaw—all for a great price. And remember to add a side of plantains for the perfect island-inspired meal. 

8. North of Brooklyn Pizzeria

@northofbrooklyn via instagram.com

North of Brooklyn Pizzeria, a classic pizza joint in Queen West, offers flavourful yet inexpensive slices. It’s fast, easy, and cheap—the perfect meal option for any budget-conscious foodie.

9. Banh Mi Boys 

@sarajanemur via instagram.com

This cozy and lively spot serves Vietnamese and Korean-inspired sandwiches and tacos, as well as steamed buns spiced to order. And don’t leave without trying the Squid Banh Mi or 5 Spice Pork Belly Bao. 

10.  Frankies Diner

@frankiesdiner_questwest via instagram.com

Frankies Diner’s classic burgers with Swiss cheese and a side of sweet potato fries are a winning combo. Pico de gallo wrap is also a favourite. Live music, friendly vibes, and contemporary interiors create a perfect setting for a burger feast.

11. Buk Chang Dong Soon Tofu

Exploring Koreatown? Buk Chang Dong Soon Tofu offers spicy tofu hot pots and other Korean dishes at cheap prices. You shouldn’t miss Dumpling Soon Tofu, featuring fresh tofu, gochujang, and beef.

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