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Top 10 Spots for Cheap Drinks in Toronto

Top 10 Spots for Cheap Drinks in Toronto

Sometimes, we don’t want to spend so much money grabbing those stress-relieving drinks because it’s just a regular Tuesday. Luckily, there are tons of places that offer affordable drinks, and we happen to know a few that should be on your radar. 

Care to know what they are? Well, let’s dive right in!

Pink Sky

Media from pinkskytoronto

Address: 480 King St W, Toronto, ON M5V 1L7, Canada


Contact Details: +16476600999

Opening Hours: Daily 5 to 10 PM

Cost: $

For a fun and budget-friendly evening in the city, Pink Sky’s High Tide happy hour is a must-try. Every night, this spot becomes a haven for those who love good deals on drinks and small bites. 

With specials starting at just $6, it’s the perfect place to kick back after a busy day without breaking the bank. Imagine sipping on a $30 Martini Flight or enjoying beer specials, all while basking in the laid-back vibe of Pink Sky.

It’s not just the prices that will win you over – the atmosphere during happy hour is vibrant and inviting, making it an ideal spot to gather with friends or unwind solo.

Pro Tip: 

When visiting Pink Sky for their High Tide happy hour, consider pairing your drink choices with their selection of small bites. Not only are these treats affordably priced, but they also complement the drinks perfectly, enhancing your overall experience. 

Paradise Grotto

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Address: 270 Adelaide St W #101, Toronto, ON M5V 2E2, Canada


Contact Details: +16479239932

Opening Hours: Monday and Tuesday, closed; Wednesday to Saturday 4 PM to 2 AM; Sunday 12 PM to 2 AM

Cost: $

For a tropical twist in Toronto, Pink Sky’s happy hour, High Tide, is definitely worth a visit. They offer a daily happy hour special from open until 6 PM where you can indulge in a variety of tantalizing options. 

The menu features items like $10 paradise fries, umami slaw, spam musubi, bao bao; plus, there are drink specials including $5 coolers and beers, and $10 daiquiris in flavors like pineapple, passionfruit, and strawberry. 

It’s a great way to get a taste of the tropics right in the heart of the city, all without stretching your wallet.

Pro Tip: 

Aim to try a variety of their offerings. With such affordable prices, it’s the perfect opportunity to sample multiple dishes and drinks without overspending. Consider pairing their flavorful daiquiris with a selection of their small bites like paradise fries or spam musubi for a complete taste experience. 


Media from selvatoronto

Address: 221 Richmond St W, Toronto, ON M5V 1W2, Canada


Contact Details: +14169798002

Opening Hours: Wednesday to Thursday 5 to 11 PM; Friday and Saturday 5 PM to 1 AM; Sunday to Tuesday, closed

Cost: $

For those craving a tropical escape in Toronto, Selva’s special Selva Hour is an experience you’ll love. Here, you can indulge in $1 oysters and half-price cocktail towers, along with an array of featured cocktails and mixed drinks starting at just $6.50 each.

The food menu during happy hour is equally tempting, offering delights like grilled chicken and seafood ceviche for $12 and $9 chips and guac. 

It’s a great way to enjoy some delicious tropical bites without splurging too much. Selva’s vibrant atmosphere, combined with these fantastic deals, makes it the perfect spot for a casual outing with friends or a relaxed dinner in a unique setting.

Pro Tip: 

While enjoying Selva’s happy hour, try pairing the seafood ceviche with one of their feature cocktails for a flavor explosion. The combination of fresh, zesty seafood and the unique tropical taste of their cocktails will transport you straight to a beachside retreat. 


Media from lumarestaurant

Address: 159 Yorkville Ave, Toronto, ON M5R 1C4, Canada


Contact Details: +14169289200

Opening Hours: Sunday and Monday, closed; Tuesday to Saturday 10 AM to 6 PM

Cost: $

If you’re up for some tropical-themed magic in the heart of Toronto, don’t miss out on Luma’s “Magic Hour,” happening every night of the week! This isn’t your typical happy hour—it’s a vibrant blend of crafted cocktails and delightful bites that won’t drain your wallet.

During Luma’s Magic Hour, you can grab a range of exquisite cocktails for just $8 each. From innovative takes on the classic negroni to a can’t-miss margarita, there’s something for every taste!

But what really makes Magic Hour at Luma stand out is the quality of drinks at such affordable prices. It’s a rare find in the bustling King Street West area, known for its premium venues. 

Pro Tip: 

Make sure to explore their cocktail menu beyond the classics. Each $8 cocktail is crafted with a unique twist that showcases the skills of their mixologists. Also, consider pairing your drinks with some of their appetizers for a complete culinary experience. 

CKTL & Co.

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Address: 330 Bay St., Toronto, ON M5J 0B6, Canada


Contact Details: +14163633558

Opening Hours: Sunday, closed; Monday to Saturday 11:30 AM to 11 PM

Cost: $

For an experience that’s both unique and wallet-friendly in Toronto’s Financial District, CKTL & Co. offers a Happy Hour that’s a must-visit. 

This place is not your ordinary bar; it’s Toronto’s first stock market-themed cocktail lounge, where the drink prices fluctuate based on supply and demand. You can watch the prices change in real-time on their live ticker boards—it’s a whole new way to enjoy Happy Hour!

Also, CKTL & Co.’s Happy Hour lets you enjoy a range of innovative and delightful cocktails at special prices. This dynamic pricing model, inspired by the stock market, makes each visit a little different from the last. 

The bar’s interior is a blend of modern and luxurious, complete with dark tones, gold accents, and comfortable seating.

Pro Tip: 

Keep an eye on the live ticker boards for the best drink deals. The prices of their cocktails fluctuate based on demand, similar to a stock market. This unique feature means you can snag high-value drinks at lower prices if you time it right. Also, try to explore their globally inspired menu—the creative cocktails and sharing plates are perfect for a group outing. 


Media from valerietoronto

Address: 111 Princes’ Blvd 28th floor, Toronto, ON M6K 3C3, Canada


Contact Details: +16474759286

Opening Hours: Daily 5 to 10 PM

Cost: $

The rooftop paradise at Hotel X is where Valerie’s rooftop beckons with its poolside charm. This place has a laid-back yet chic atmosphere where you can lounge, chat, and nibble under the open sky. 

Every night, this night bar rolls out its 5à7 specials, treating you to an array of small bites and shareables starting at just $10. It’s the perfect backdrop for catching up with friends or just unwinding in style.

But that’s not all. The seasonal mixology menu, featuring select cocktails at $15, adds a splash of excitement to your evening. Each drink is a masterpiece in itself, blending unique flavors that complement the rooftop’s vibrant vibe. 

Pro Tip: 

Throughout the summer, Valerie keeps the energy high with a lineup of fun events. It’s a hotspot for both relaxation and social buzz, and don’t forget—bathing suits are a must for the full experience! 


Media from mademoiselleto

Address: 563 King St W, Toronto, ON M5V 1M1, Canada


Contact Details: +14165982003

Opening Hours: Daily 5 PM to 2 AM

Cost: $

Don’t let the fancy name fool you, this place offers some of the most affordable drinks you can find in Toronto! 

King Street’s Mademoiselle Raw Bar & Grill is a vibrant fusion of a club and a restaurant that brings a fresh wave of energy to Toronto’s dining scene. 

During peak hours, you’re in for a treat with a menu curated by Executive Chef Evan Dickinson and Sushi Chef Daniel Ken. 

The offerings include a variety of enticing dishes like a three-piece sushi taster, mini lobster rolls, and fish filet sliders topped with Osetra caviar, all starting at approachable prices.

Pro Tip: 

This place is perfect for a date night or a girls’ night out, offering an elevated dining experience with a lively twist. Remember to check for reservations in advance, as it’s a popular spot that blends the best of fine dining with the excitement of a club.

Bar Neon

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Address: 1226 Bloor St W, Toronto, ON M6H 1N3, Canada


Contact Details: +16477486366

Opening Hours: Daily 3 to 11 PM

Cost: $

Bar Neon in Bloordale is a charming spot where you can immerse yourselves in a Mediterranean ambiance while enjoying some great deals. For instance, $7 pints among other wine specials. 

And with its unassuming exterior, you’ll be surprised to find that this space has a cozy and vibrant vibe. It’s perfect for those after-work relaxation moments or a casual meet-up with your friends.

But what makes Bar Neon stand out is its cute, somewhat secret back patio that’s accessible through an alleyway opposite Susan Tibaldi Park. 

It’s like discovering a hidden gem where you can enjoy fresh cocktails, a warm olive plate, and feel like you’ve been transported to the Mediterranean. 

Pro Tip: 

Don’t miss out on their half-priced buck-a-shuck oysters during happy hour—it’s an awesome deal!

Locals Only

Media from localsonlytoronto

Address: 589 King St W, Toronto, ON M5V 1M5, Canada


Contact Details: +14163660122 

Opening Hours: Daily 5 PM to 2 AM 

Cost: $

If you’re around King West and craving a laid-back yet lively happy hour, Locals Only is your spot. This place lights up every weekday evening, providing half-priced wines and prosecco that are perfect for toasting the day away. 

But the real catch? Their buck-a-shuck oysters, making it a go-to for seafood lovers. While it has great deals, it’s also more about unwinding on their welcoming patio, enjoying the buzz of Toronto with friends, and making the most of those long summer evenings.

Pro Tip: 

Try pairing their half-priced wines and prosecco with their buck-a-shuck oysters for an exceptional culinary experience. Additionally, their patio is a prime spot, so arriving early during happy hour ensures you get the best seating.

King Taps

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Address: 100 King St W, Toronto, ON M5X 1A9, Canada


Contact Details: +16473612025

Opening Hours: Daily 11:30 AM to 10 PM

Cost: $

For an unforgettable night that combines variety with a vibrant atmosphere, King Taps in downtown Toronto is a destination you can’t miss. 

Picture yourself on one of the city’s most epic patios and affordable drinks all night, or from 9 as you dive into their menu of over 45 specials. 

You can expect sipping on $5 mulled sangria sour or enjoying a $5 pale ale, complemented by an array of discounted tacos, salads, and bowls. What’s even better is some nights there are drag shows which make the parties much more enjoyable if you ask us!

Pro Tip: 

Consider exploring their extensive beer selection, as they offer a variety of unique craft options that might not be available during regular hours. This approach allows you to fully enjoy the lively ambiance and diverse menu offerings at one of downtown Toronto’s prime locations.

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