Open Travel Guide
  1. Home
  2. Destinations
  3. Canada
  4. Ontario
  5. Toronto
  6. Hotels
  7. The Waverly Hotel

Hotels · Ontario, Toronto

The Waverly Hotel

  • Price$
  • CategoryBudget

The Waverly Hotel is a budget hotel at 484 Spadina Avenue in the Kensington Market area of Toronto, Ontario, Canada, close to Chinatown and the University of Toronto.

Budget hotel with basic rooms near Kensington Market and Chinatown.

The Waverly Hotel is a budget hotel at 484 Spadina Avenue in the Kensington Market area of Toronto, Ontario, Canada, close to Chinatown and the University of Toronto. The position is one of the most characterful in the city for travellers on a limited budget: Kensington Market's vintage shops, produce stalls and international food stands are a few minutes' walk west, the Dundas Street West and Spadina Avenue Chinatown strip is just south, and the Art Gallery of Ontario and the Queen Street West shopping area are within a short walk or streetcar ride. The 510 Spadina streetcar runs along the avenue and connects to Union Station and the Spadina subway station. The hotel itself is basic and functional, with a plain, no-frills character that suits backpackers, students and visitors who prioritise price and location over amenities. Rooms are offered as standard rooms and private rooms, kept simple with essentials such as a bed and wifi. Listed amenities include wifi, a 24-hour front desk and luggage storage, which is useful for travellers arriving early or leaving late. There is no emphasis on on-site dining or spa facilities, but the surrounding neighbourhood offers abundant and inexpensive restaurants, bakeries, cafes and markets, from dim sum to Latin American and Caribbean food. Service is practical and low-key, with a front desk open around the clock. Typical nightly rates are around CAD $95, among the lowest for a private room in the central city. Visitors who plan to spend most of the day exploring Kensington Market, Chinatown and the downtown core will find the Waverly a very economical base, though those seeking quiet or modern facilities may prefer a different property.

Practical information for The Waverly Hotel · Last updated September 2026
Price $
Address 484 Spadina Ave, Toronto, ON M5T 2G8

Room types

  • standard room
  • private room

Amenities

  • wifi
  • 24-hour front desk
  • luggage storage

Location

484 Spadina Ave, Toronto, ON M5T 2G8

43.6585, -79.4001 View on map

Highlights

  • Budget rooms in the Kensington Market and Chinatown area
  • 510 Spadina streetcar at the door
  • 24-hour front desk and luggage storage
  • Walkable to the Art Gallery of Ontario and Queen Street West
  • Among the lowest-priced private rooms in central Toronto

Tips for visiting

  • Use the luggage storage if checking in late or out early
  • Spadina Avenue can be noisy, so ask for a room away from the street
  • Eat at the markets and restaurants of Kensington and Chinatown for low prices
  • The 510 Spadina streetcar links to Union Station and Spadina station
  • Expect basic facilities and confirm room details before booking

Accessibility

The hotel is an older, budget property, and step-free access and accessible rooms may be limited. Guests with mobility needs should confirm access details directly before booking.

Frequently asked questions

Where is the Waverly Hotel?

It is at 484 Spadina Avenue, near Kensington Market and Chinatown in downtown Toronto.

Is it a budget option?

Yes. Typical rates are around CAD $95 per night for basic rooms.

Is there luggage storage?

The property lists luggage storage and a 24-hour front desk.

How do guests reach downtown?

The 510 Spadina streetcar runs along the avenue, and the area is walkable to many attractions.

Ready to book

The Waverly Hotel

Check rates on Booking.com