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Hotels · Ontario, Toronto

Hotel Victoria

  • Price$$
  • CategoryMidrange

Hotel Victoria is at 56 Yonge Street, at the southern end of Yonge Street in the Financial District, a short walk from King Station on Line 1 of the subway. Union Station and the waterfront are roughly ten to fifteen minutes on foot, the St. Lawrence Market is about ten minutes east, and the PATH walkway network is easily accessed from nearby towers.

Small historic hotel on Yonge Street near the Financial District.

Hotel Victoria is at 56 Yonge Street, at the southern end of Yonge Street in the Financial District, a short walk from King Station on Line 1 of the subway. Union Station and the waterfront are roughly ten to fifteen minutes on foot, the St. Lawrence Market is about ten minutes east, and the PATH walkway network is easily accessed from nearby towers. The hotel's position near the junction of King and Yonge puts the city's business towers on one side and the older Victorian-era buildings of the St. Lawrence neighbourhood on the other.

The building is a small, historic hotel, dating from the early twentieth century, and its modest scale sets it apart from the large towers that surround it. It has a limited number of rooms, which gives it a more personal feel than a chain hotel, though guests should expect compact rooms and older construction. Room types are mostly simple, with standard queen and king rooms, and interiors have been updated in a modern but unfussy style.

Dining on site is limited, with a small restaurant or breakfast service, and the surrounding blocks offer a wide range of cafes, pubs and restaurants catering to the weekday business crowd and weekend visitors. Facilities such as a pool are not typical for a hotel of this size, so travellers who need a fitness centre or other amenities should confirm details at booking.

The service character is friendly and low-key, suiting couples, solo travellers and business visitors who prefer a smaller property with a central location. Typical rates are around CAD $210 per night, making it a mid-priced option for the Financial District, with prices rising during conventions, summer weekends and major events at nearby venues such as the Scotiabank Arena and the Rogers Centre.

Practical information for Hotel Victoria · Last updated September 2026
Price $$
Address 56 Yonge St, Toronto, ON M5E 1G5

Room types

  • standard room
  • king room
  • double queen room
  • suite

Amenities

  • wifi
  • restaurant or cafe
  • fitness centre
  • 24-hour front desk

Location

56 Yonge St, Toronto, ON M5E 1G5

43.6483, -79.3789 View on map

Highlights

  • Small historic hotel on Yonge Street
  • Short walk to King subway station
  • Near Union Station and the waterfront
  • Close to the St. Lawrence Market
  • Personal scale compared with large downtown towers

Tips for visiting

  • Weekends are often cheaper than weekdays in the Financial District.
  • Walk to Union Station in about ten to fifteen minutes with luggage-friendly sidewalks.
  • Check for older building quirks such as compact rooms when booking.
  • Visit the St. Lawrence Market on Saturdays for the full range of vendors.
  • Book early for conventions and Scotiabank Arena events.

When to visit

Weekends and winter months often bring lower Financial District rates. Late spring and early autumn are pleasant for walking to nearby sights.

Accessibility

As a historic building, accessibility features can be limited compared with newer hotels. Visitors with mobility needs should contact the hotel directly before booking to confirm elevator access and room layouts.

Frequently asked questions

Where is Hotel Victoria?

It is at 56 Yonge Street in the Financial District, near King Station.

Is it a small hotel?

Yes. It is a small historic property with a more personal scale than the large downtown towers.

What is nearby?

Union Station, the St. Lawrence Market and the waterfront are all within walking distance.

What are typical rates?

Rates average around CAD $210 (about USD $155) per night.

Ready to book

Hotel Victoria

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