Cheap flights from Toronto to Reykjavik from C$844 YHM, YTZ, YYZ → KEF, RKV
Hamilton Airport (YHM), Toronto City Centre Airport (YTZ), Pearson International Airport (YYZ) → Keflavik International Airport (KEF), Reykjavik International Airport (RKV)
The cheapest return found recently is C$844 (US$592) with Icelandair, 21 Jun 2027 – 3 Jul 2027, found 2 days ago.
- Cheapest return found recently
- C$844 (US$592), 21 Jun 2027 to 3 Jul 2027
- Usual return price
- C$698 (US$490) to C$915 (US$642)
- Cheapest month to fly
- January 2027, return fares from C$619 (US$434) found in the last 7 days
- Airlines with nonstop flights
- Icelandair
Return
The cheapest return fare on each of 10 departure dates is usually C$698 (US$490) to C$915 (US$642).
Cheapest return found recently
C$844 (US$592)
21 Jun 2027 – 3 Jul 2027 · Icelandair
Pearson International Airport (YYZ) → Keflavik International Airport (KEF)
Leaves 8:45 p.m. · Return leaves 5:05 p.m. · 11 h 40 min of travel, both ways together
out nonstop, back nonstop
found 2 days ago
Cheapest nonstop return
C$844 (US$592)
21 Jun 2027 – 3 Jul 2027 · Icelandair
Pearson International Airport (YYZ) → Keflavik International Airport (KEF)
Leaves 8:45 p.m. · Return leaves 5:05 p.m. · 11 h 40 min of travel, both ways together
out nonstop, back nonstop
found 2 days ago
Found recently, and the cheapest we hold
C$844 (US$592) 21 Jun 2027 – 3 Jul 2027found 2 days agoSee prices for these dates
C$619 (US$434) 29 Jan 2027 – 2 Feb 2027found 7 days agoSee prices for these dates
What have prices looked like?
Over 49 days, 24 Sept to 11 Nov, the cheapest return we saw each day was C$603 (US$423) to C$803 (US$563).
At C$844 (US$592), the cheapest return found recently is above that range.
Those were the prices on those days, not today's.
Is this a good return price?
Compared with the cheapest return fare on each of 10 departure dates from 1 Dec to 18 Aug 2027, found by travelers' searches in the last 7 days (economy, the price the seller showed on Aviasales). The usual range is the middle half of those prices.
Could nearby dates be cheaper?
We hold no other 12-night return fares leaving within 3 days of 21 Jun 2027 to compare.
Every date we hold
89 fares on 10 departure dates
See the chart as a table
| Dates | From | Airline | Airports | Stops | Found | |
|---|---|---|---|---|---|---|
| 1 Dec – 11 Dec | C$650 (US$456) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 7 days ago | See prices for these dates |
| 2 Dec – 11 Dec | C$622 (US$436) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 7 days ago | See prices for these dates |
| 2 Jan 2027 – 9 Jan 2027 | C$1,103 (US$774) | Porter Airlines Canada | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out 1 stop, back 1 stop | found 7 days ago | See prices for these dates |
| 29 Jan 2027 – 2 Feb 2027 | C$619 (US$434) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 7 days ago | See prices for these dates |
| 30 Jan 2027 – 2 Feb 2027 | C$1,049 (US$736) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 2 days ago | See prices for these dates |
| 1 May 2027 – 8 May 2027 | C$901 (US$632) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 2 days ago | See prices for these dates |
| 21 Jun 2027 – 3 Jul 2027 | C$844 (US$592) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 2 days ago | See prices for these dates |
| 14 Aug 2027 – 27 Aug 2027 | C$915 (US$642) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 4 days ago | See prices for these dates |
| 16 Aug 2027 – 29 Aug 2027 | C$915 (US$642) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 4 days ago | See prices for these dates |
| 18 Aug 2027 – 27 Aug 2027 | C$915 (US$642) | Icelandair | Pearson International Airport (YYZ) → Keflavik International Airport (KEF) | out nonstop, back nonstop | found 4 days ago | See prices for these dates |
Which month looks cheapest?
January 2027 is the cheapest month — from C$619 (US$434).
Airlines on the cheapest dates: Icelandair, Porter Airlines Canada.
Premium cabin fares from Toronto to Reykjavik
We hold no premium economy, business or first-class fares for this route: we collect them for the busiest routes, and this one is not among them yet.
Today's prices for 21 Jun 2027 – 3 Jul 2027 in another cabin: Premium economy · Business · First
How far ahead were prices cheapest for Toronto to Reykjavik?
Return
Fares 60 to 89 days before departure were typically 13% lower than 0 to 6 days before departure.
From the cheapest return each day between 24 Sept and 11 Nov (49 days), grouped by how many days ahead the flight left; one adult in economy.
Each range covers different departure dates, so this compares typical fares, not the same trip priced twice.
Prices reflect recent searches — current fares may differ.
See these ranges as a table
| Booked ahead by | Typical fare | Cheapest day | Above the cheapest | Days of prices |
|---|---|---|---|---|
| 0–6 days | C$714 (US$501) | C$714 (US$501) | +15% | 11 |
| 7–13 days | C$677 (US$475) | C$669 (US$469) | +9% | 10 |
| 14–29 days | C$674 (US$473) | C$622 (US$436) | +9% | 26 |
| 30–59 days | C$818 (US$574) | C$627 (US$440) | +32% | 23 |
| 60–89 days | C$620 (US$435) | C$603 (US$423) | Cheapest seen | 25 |
| 90–179 days | C$700 (US$491) | C$603 (US$423) | +13% | 30 |
| 180+ days | C$837 (US$587) | C$788 (US$553) | +35% | 24 |
Live price for these dates
The cheapest return found recently is for 21 Jun 2027 – 3 Jul 2027. A live search on this page shows what those dates cost now, for one adult in economy.
Questions about this trip
How much is a return flight from Toronto to Reykjavik?
The cheapest return found recently is C$844 (US$592) with Icelandair, 21 Jun 2027 to 3 Jul 2027, found 2 days ago. The cheapest return we hold, of any age, is C$619 (US$434) with Icelandair, 29 Jan 2027 to 2 Feb 2027, found 7 days ago. The cheapest return fare on each of 10 departure dates is usually C$698 (US$490) to C$915 (US$642).
What is the cheapest month to fly from Toronto to Reykjavik?
January 2027 is the cheapest month for a return, from C$619 (US$434), 29 Jan 2027 to 2 Feb 2027, found 7 days ago.
How far ahead should I book a flight from Toronto to Reykjavik?
In 49 days of prices between 24 Sept and 11 Nov, return fares 60 to 89 days before departure were typically 13% lower than 0 to 6 days before departure.
Is there a direct flight from Toronto to Reykjavik?
Yes, the cheapest nonstop return found recently is C$844 (US$592) with Icelandair, 21 Jun 2027 to 3 Jul 2027, found 2 days ago.
Which airlines have the cheapest flights from Toronto to Reykjavik?
Between 1 Dec and 18 Aug 2027, Icelandair has the cheapest return on 9 of the 10 departure dates we hold, and Porter Airlines Canada on 1.
Prices are what travelers' searches on Aviasales found in the last 7 days: the price the seller showed on Aviasales; bags may cost extra. Canadian dollars at the Bank of Canada rate of 2026-11-12, US dollars in brackets. Fares change, so check today's price before you book. How our prices work