10+ Best Places for Cheap Drinks in Toronto (Ontario)

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Thirsty but on a budget? Toronto’s got your back! This city isn’t just about fancy cocktails and upscale bars – it’s also home to a vibrant scene of hidden gems and local favorites where you can grab a drink without breaking the bank. Knowing the best places for cheap drinks in Toronto is key to enjoying a night out without sacrificing your wallet. 

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1. Wide Open

Wide Open Best Places for Cheap Drinks in Toronto
Photo via @wideopenbar  / Instagram 

This unpretentious bar offers a vibrant atmosphere with colorful wall art, perfect for enjoying affordable beer, wine, and cocktails. Their lively events like live performances and trivia nights add to the fun, budget-friendly experience.

2. The Lab416 (Labyrinth Lounge)

The Lab416 Best Places for Cheap Drinks in Toronto
Photo via @thelab416 / Instagram

The Lab416 (Labyrinth Lounge) is a popular local haunt in the Annex neighborhood known for its budget-friendly drinks and lively atmosphere. Patrons can enjoy affordable beverages in the main bar upstairs or catch a comedy show downstairs for a fun-filled evening.

3. The Dime on Queen

The Dime on Queen Best Places for Cheap Drinks in Toronto
Photo via @elfurnitureon / Instagram 

The Dime on Queen is a casual bar on Queen West known for its unbeatable deals, offering a full menu at $5.95 per item, all day, every day. Their laid-back atmosphere and backyard patio make it a popular spot for enjoying affordable drinks and good company.

4. Bistro 422

Bistro 422 Best Places for Cheap Drinks in Toronto
Photo by @pushingpfilms / Instagram

Bistro 422, a legendary Toronto local bar established in 1984, offers budget-friendly pitchers of cocktails, beer, and shooters. With delicious food and a welcoming back patio, it’s the perfect spot for a casual night out.

5. The Green Room

The Green Room Best Places for Cheap Drinks in Toronto
Photo by @imyourguyde / Instagram 

The Green Room is a hidden gem offering a relaxed atmosphere for affordable drinks and delicious bar food. Their cozy garden patio and unpretentious vibe make it a perfect spot for casual gatherings with friends.

  • 414 College St, Toronto
  • +1 416-929-3253

6. Get Well

Get Well Best Places for Cheap Drinks in Toronto
Photo via @getwellbar / Instagram 

This boisterous taproom is the perfect spot for a fun, affordable night out in Toronto, where the craft beer selection is as impressive as the nostalgic atmosphere.

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7. Pennies

Pennies Best Places for Cheap Drinks in Toronto
Photo via @pennies.bar / Instagram 

This lively bar, known for its bright yellow exterior and inviting patio, is a local favorite for its extensive selection of craft beers, creative cocktails, and mouthwatering sliders.

8. Pour Boy – Manning

Pour Boy - Manning Best Places for Cheap Drinks in Toronto
Photo by @toronto_storefronts / Instagram 

This two-story pub offers a casual atmosphere with both indoor and outdoor seating on their sidewalk patio, perfect for enjoying Toronto’s warmer months.

9. Swan Dive

Swan Dive Best Places for Cheap Drinks in Toronto
Photo via @swandiveto / Instagram 

Tucked away on the western end of Dundas West, Swan Dive is a quirky dive bar where the drinks are cheap and the fun is plentiful. Forget fancy cocktails and pretentious vibes – here, it’s all about laid-back fun with friends.

10. AAA Bar

AAA Bar Best Places for Cheap Drinks in Toronto
Photo via @tripleaba / Instagram 

This is a casual, dog-friendly neighborhood spot where you can relax with your furry friend and enjoy a wide selection of beers, bourbons, shots, and cocktails.

11. Imperial Pub

Imperial Pub Best Places for Cheap Drinks in Toronto
Photo by @vincentmcdermott / Instagram  

A Toronto institution, the Imperial Pub offers a welcoming atmosphere for every taste. Grab a pint on the ground floor pub, surrounded by the buzz of local life. For a quieter experience, head upstairs to the library lounge, a cozy space perfect for conversation or catching up on reading.

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