Cheap flights from Toronto to Reykjavik from $242

The month of February is, on average, the cheapest month to fly to Reykjavik from Toronto, with most prices found around $510. The month of January is another great option to travel to Reykjavik, with average flight prices from Toronto averaging around $513.

Our data shows that Tuesday is the least expensive day to fly to Reykjavik. Tickets to fly out on this day can be as low as $594. Flights from Toronto to Reykjavik on a Wednesday will generally be more expensive and average around $652. Keep in mind that these prices on both days could fluctuate depending on the season and the demand.

Fly from Toronto Pearson Intl to Reykjavik Keflavik Intl for the best Toronto - Reykjavik flight prices

You are more likely to see cheaper flights to Reykjavik from Toronto when booking weeks ahead of your departure date. In general, you can expect to find flights to Reykjavik for around $606 when searching weeks out. However, flight prices might be lower outside of this timeframe. For example, people recently found flights to Reykjavik from Toronto for as low as $560 on momondo.

There are 3 cabin classes available to choose from on Toronto to Reykjavik flights. Cabin price and availability will vary by airline so perform a search above to find the right deals for you.

No. A direct flight is the cheapest option for a flight between Toronto to Reykjavik.

Historically, on average around 14% of flights between Toronto and Reykjavik have experienced a delay on any given week. The average delay length over the past 12 months has been 145 minutes.

Generally, flights departing in the evening tend to experience fewer delays. Flights in the early afternoon have, in the past, seen delays more frequently in comparison.

Monday is statistically the day of the week which experiences the fewest number of delays on this flight route. Saturday has historically seen more delays on average compared to the rest of the week.

According to our data, Icelandair have had the least number of delays on this route over the last 12 months; with about 9% of their flights experiencing any sort of delay.

As of August 2026, 4 flights take off from Toronto and land in Reykjavik each day. The most common flight departure time for this route is 11:00PM, with 100% of daily flights taking off in the evening.

32 flights are operational weekly from Toronto to Reykjavik as of August 2026. The most popular departure day for this route is Fri, with 19% of flights per week taking off on this day.