Cheap flights from Toronto to Iceland from C$ 501

This is the cheapest one-way flight price found by a Cheapflights user in the last 72 hours by searching for a flight departing on 24/3. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — KEF
19 Mar — 26 Mar1
1 adult
1 adult, Economy, 0 bags

Cheap flight deals from Toronto to Iceland

Enter your travel dates to find the best prices.

Cheapest flights from Toronto to Iceland
Explore the most affordable flight options available from Toronto to Iceland. Find the lowest fares from popular airlines and budget airlines, with prices last updated on 17 February 2026.

Sat 4/411:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Mon 13/48:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 17/2C$ 578
Fri 17/411:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Wed 22/48:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 14/2C$ 584
Thu 11/611:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Thu 25/68:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 13/2C$ 591
Thu 9/411:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Mon 13/48:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 16/2C$ 597
Wed 22/411:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Mon 27/48:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 13/2C$ 598
Mon 1/611:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Thu 11/68:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 14/2C$ 603
Sat 4/411:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Thu 9/48:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 16/2C$ 606
Wed 10/611:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Wed 17/68:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 14/2C$ 614
Wed 10/611:10 p.m.
YYZ
-
KEF
Nonstop5h 35m
Icelandair
Thu 25/68:00 p.m.
KEF
-
YYZ
Nonstop6h 05m
Icelandair
Deal found 13/2C$ 620
Wed 10/68:55 p.m.
YTZ
-
KEF
2 stops31h 00m
Air Canada
Wed 17/69:15 a.m.
KEF
-
YTZ
1 stop10h 37m
Air Canada
Deal found 16/2C$ 748
Sun 7/67:20 p.m.
YTZ
-
KEF
1 stop9h 10m
Air Canada
Wed 17/69:15 a.m.
KEF
-
YTZ
1 stop9h 07m
Air Canada
Deal found 16/2C$ 781
Sun 26/712:20 p.m.
YTZ
-
KEF
2 stops15h 35m
Air Canada
Fri 31/79:15 a.m.
KEF
-
YTZ
1 stop10h 36m
Air Canada
Deal found 14/2C$ 802

Find flight deals from Toronto to Iceland

Keep the following information in mind while searching for Toronto to Iceland flight deals. Data was last updated 17 February 2026.

Round-trip from

C$ 578

One-way from

C$ 501

Popular in

June

Cheapest in

March

Average price

C$ 730

Good round-trip deal

C$ 671 or less

Good one-way deal

C$ 605 or less
Icelandair
  • Icelandair
  • 4/4-13/4
  • Nonstop
  • 11h 40m total
  • Toronto to Iceland
24/3
  • 24/3
  • 3 total stops
  • 45h 30m total
  • Toronto to Iceland
Highest demand for flights based on searches. 7% potential increase in price (C$ 90 potential increase over avg. RT price).
Cheapest flight prices on average. 1% potential price decrease (C$ 11 potential savings vs. average RT price).
Average for round-trip flights in February 2026
Price to beat on a round-trip flight from Toronto (YTO) to Iceland.
Price to beat on a one-way flight from Toronto (YTO) to Iceland.

Cheapflights Fare Finder

 
Customize your flight search to find flights from Toronto to Iceland that fit within your specific budget. Explore options based on user searches and filter the results based on your desired price range. Find flights that match your budget for a cost-effective journey. Over the last 7 days, Cheapflights users made 629,999 searches. Data last updated 17 February 2026.
Use the filters below to find and compare flights from Toronto to Iceland that are best for you.

Fly from

Toronto

Fly to

Iceland

Route

Depart

Return

Price

TorontoReykjavik

YYZ - KEF

YYZKEF

Toronto Pearson Intl

Fri 24/4

11:10 p.m.-8:45 a.m.

Nonstop5h 35m

Reykjavik Keflavik Intl

Wed 29/4

8:00 p.m.-10:05 p.m.

Nonstop6h 05m

C$ 692

TorontoReykjavik

YYZ - KEF

YYZKEF

Toronto Pearson Intl

Thu 23/4

11:10 p.m.-8:45 a.m.

Nonstop5h 35m

Reykjavik Keflavik Intl

Mon 27/4

8:00 p.m.-10:05 p.m.

Nonstop6h 05m

C$ 708

TorontoReykjavik

YYZ - KEF

YYZKEF

Toronto Pearson Intl

Fri 24/4

11:10 p.m.-8:45 a.m.

Nonstop5h 35m

Reykjavik Keflavik Intl

Tue 28/4

5:05 p.m.-7:10 p.m.

Nonstop6h 05m

C$ 748

TorontoReykjavik

YYZ - KEF

YYZKEF

Toronto Pearson Intl

Thu 16/4

11:10 p.m.-8:45 a.m.

Nonstop5h 35m

Reykjavik Keflavik Intl

Sun 26/4

5:05 p.m.-7:10 p.m.

Nonstop6h 05m

C$ 760

TorontoReykjavik

YYZ - KEF

YYZKEF

Toronto Pearson Intl

Fri 24/4

11:10 p.m.-8:45 a.m.

Nonstop5h 35m

Reykjavik Keflavik Intl

Sun 26/4

5:05 p.m.-7:10 p.m.

Nonstop6h 05m

C$ 760

TorontoReykjavik

YYZ - KEF

YYZKEF

Toronto Pearson Intl

Thu 30/4

11:10 p.m.-8:45 a.m.

Nonstop5h 35m

Reykjavik Keflavik Intl

Tue 5/5

5:05 p.m.-7:10 p.m.

Nonstop6h 05m

C$ 781

TorontoReykjavik

YTZ - KEF

YTZKEF

Toronto Island

Thu 9/7

8:30 p.m.-7:55 a.m.

1 stop7h 25m

Reykjavik Keflavik Intl

Mon 13/7

9:15 a.m.-2:21 p.m.

1 stop9h 06m

C$ 804

TorontoReykjavik

YTZ - KEF

YTZKEF

Toronto Island

Thu 9/7

3:35 p.m.-7:55 a.m.

2 stops12h 20m

Reykjavik Keflavik Intl

Thu 16/7

9:15 a.m.-5:51 p.m.

1 stop12h 36m

C$ 804

TorontoReykjavik

YYZ - KEF

YYZKEF

Toronto Pearson Intl

Tue 21/4

8:45 p.m.-6:20 a.m.

Nonstop5h 35m

Reykjavik Keflavik Intl

Wed 29/4

8:00 p.m.-10:05 p.m.

Nonstop6h 05m

C$ 820

TorontoReykjavik

YYZ - KEF

YYZKEF

Toronto Pearson Intl

Thu 7/5

11:10 p.m.-8:45 a.m.

Nonstop5h 35m

Reykjavik Keflavik Intl

Fri 15/5

8:00 p.m.-10:05 p.m.

Nonstop6h 05m

C$ 821

Flights are sorted by cheapest round-trip flights first.

Deals found on 16/2

Showing 1-10 of 59 results
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Best time to book a flight from Toronto to Iceland

Have a flexible travel schedule? Discover the best time to fly to Iceland from Toronto with our price prediction graph.
Estimated round-trip price
Rates are based on past data. Find the cheapest month and day to book your flight based on your travel requirements, then search for cheap deals.

Cheapflights Insights

Everything you need to know about your flight from Toronto to Iceland

What is the cheapest month to book a flight from Toronto to Iceland?

Currently, January is the cheapest month in which you can book a flight from Toronto to Iceland (average of C$ 490). Flying from Toronto to Iceland in July is currently the most expensive (average of C$ 748). There are several factors that can impact the price of a flight, so comparing airlines, departure airports and flight times can provide users with more options.

What is the cheapest time of day to fly from YTO to IS?

Find hourly flight availability from Toronto to Iceland. Discover flight options and departure times throughout the day, allowing you to choose a departure time that suits your schedule. Data last updated 17 February 2026.

Regardless of the time of day you decide to fly, the ticket price will remain around the same. Book flights from Toronto to Iceland as you normally would.

How often are flights from Toronto to Iceland delayed?

About 15% of weekly flights between Toronto and Iceland have experienced delays in the past year, with the average delay time being 116 minutes.

What is the most punctual flight time for Toronto to Iceland flights?

Historically, flights departing in the evening are less likely to be delayed, whereas flights leaving in the early afternoon tend to experience delays more often.

What day of the week experiences the fewest flight delays on this route?

Monday tends to have the lowest number of delays on this route, whereas Thursday has historically faced a higher average of delays compared to other days of the week.

Which airline has the best punctuality record on Toronto to Iceland flights?

Over the past year, Icelandair has had the lowest number of delays on this route, with just 9% of flights being delayed.

Reviews of airlines servicing Iceland

Get insights into the airlines that provide service to Iceland. Read reviews, discover amenities, and learn about the overall travel experience offered by airlines. Use this information to make informed decisions when choosing an airline for your flight to Iceland. Reviews last updated 17 February 2026.
Read through reviews of airlines operating flights from Toronto to Iceland, such as Air Canada,Icelandair, andPLAY. Reviews also offer insight into each airline's entertainment options, comfort, food, crew/service, and boarding process.

Boarding

7.3

Food

6.3

Overall

7.1

Crew

7.8

Comfort

7.1

Entertainment

6.8

Reviews

1 / 20
2.0
Mediocre

Sugith,Jan 2026

YYZ - YSB

8 am flight cancelled at 2 am. Rebooked next day. Had to pay to rebook myself on Porter to leave same day.

Boarding

7.3

Food

6.3

Overall

7.1

Crew

7.8

Comfort

7.1

Entertainment

6.8

Reviews

1 / 20
2.0
Mediocre

Sugith,Jan 2026

YYZ - YSB

8 am flight cancelled at 2 am. Rebooked next day. Had to pay to rebook myself on Porter to leave same day.

Boarding

7.3

Food

6.3

Overall

7.1

Crew

7.8

Comfort

7.1

Entertainment

6.8

Reviews

1 / 20
2.0
Mediocre

Sugith,Jan 2026

YYZ - YSB

8 am flight cancelled at 2 am. Rebooked next day. Had to pay to rebook myself on Porter to leave same day.
PLAY
7.0
Good

Boarding

7.3

Food

6.3

Overall

7.1

Crew

7.8

Comfort

7.1

Entertainment

6.8

Reviews

1 / 20
2.0
Mediocre

Sugith,Jan 2026

YYZ - YSB

8 am flight cancelled at 2 am. Rebooked next day. Had to pay to rebook myself on Porter to leave same day.

Related info for your journey

Find useful and relevant information for your journey from Toronto to Iceland. Access travel guides, tips, and recommendations to enhance your travel experience. Get information about local attractions, weather, transportation options, and more.
  • How long is the flight from Toronto to Iceland?

    For as low as C$ 692, Icelandair can have you in Iceland from Toronto in 5h 35m. The distance from Toronto to Iceland is about 4167 km. Both multi-stop and direct flights can be found to your destination and back.

  • What are the most popular routes from Toronto to Iceland?

  • What are the cheapest flights from Toronto to Iceland?

    Looking for the cheapest flight from Toronto to Iceland? While on average our users pay C$ 1,433, our data indicates the cheapest price to be C$ 474. The most popular route (Toronto Pearson Intl - Reykjavik Keflavik Intl), is priced around C$ 586.

  • Can I find deals for flights from Toronto to Iceland that include hotel bookings?

    Yes. In addition to deals on Toronto to Iceland flights, Cheapflights offers vacation packages that include both flights and hotel.

  • How can I find direct flights from Toronto to Iceland?

    After entering your origin and destination, apply the non-stop filter on the search result page to find direct flights from Toronto to Iceland.

  • Can I find deals for business class flights from Toronto to Iceland?

    Yes. Cheapflights offers flight deals from Toronto to Iceland by cabin class. In addition to browsing deals, you can also filter by cabin class on the search results page after making a search.

  • What is the cheapest month to book a flight from Toronto to Iceland?

    Currently, January is the cheapest month in which you can book a flight from Toronto to Iceland (average of C$ 490). Flying from Toronto to Iceland in July is currently the most expensive (average of C$ 748). There are several factors that can impact the price of a flight, so comparing airlines, departure airports and flight times can provide users with more options.

See more FAQs

Browse thousands of different options on Cheapflights for your next trip

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Alternative routes for Toronto to Iceland

See prices for flight routes from nearby airports that may be better suited for you.

Top 3 airlines flying from Toronto to Iceland

Discover the top 3 airlines that operate flights from Toronto to Iceland. Compare their services, reliability, and customer satisfaction ratings to choose the airline that best suits your travel preferences and needs. Over the last 7 days, Cheapflights users made 629,999 searches. Data last updated 17 February 2026.
AirlineCheapestAverageFlexibilityOn-time
PLAYCheapestC$ 300AverageC$ 379FlexibilityNo cancel feeOn-timeN/A
Search PLAY flights
IcelandairCheapestC$ 587AverageC$ 804FlexibilityNo cancel feeOn-time76%
Search Icelandair flights
Air CanadaCheapestC$ 761AverageC$ 855FlexibilityNo cancel feeOn-time67%
Search Air Canada flights

Fly with Cheapflights

Find the best flight deals on Cheapflights, where travelers can enjoy low prices and a wide availability of flights to their desired destinations.

How does Cheapflights help users find flights from Toronto to Iceland?

Cheapflights goes through 900+ travel sites to look for the best flight deals for flights from Toronto to Iceland. Too many options? Cheapflights also provides filters for things like airlines, price ranges, and number of stops to help you make a decision easily.

Why should you use Cheapflights to find cheap flight tickets from Toronto to Iceland?

Cheapflights simply makes it quick and affordable to book flights from Toronto to Iceland by bringing together all flight options from hundreds of airlines and agencies online — and put it in one place for you to choose from. Plus, Cheapflights is 100% free to use for all.

Can Cheapflights find flights from Toronto to Iceland with no change fees?

Need flexible booking options for your flight to Iceland from Toronto? Don’t worry, Cheapflights have you covered. Use our search filter to only show flights with no change fees.

Can Cheapflights notify me if prices for flights from Toronto to Iceland become cheaper?

Yes, Cheapflights has a feature called Price Alert, which notifies users when flight prices change. Track prices for your flight to Iceland from Toronto today and book when prices fit your budget.

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