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  • We are a family business

    In the heart of downtown Toronto’s Diamond District, Budget Diamonds has been at the same location -- 55 Queen Street East – since 2008.  We source diamonds from all over the world and do all of our own work in-house.  We are not brokers.  Additionally, as diamond wholesalers for 30 years, we can afford to be very competitive in our pricing.

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  • We are an affordable jeweller

    Whether your budget is $1000 dollars or $5000 dollars, you can count on an awesome custom-made diamond ring that says everything you want it to say. We will create exactly the ring you want -- bringing your vision to life from your photograph or sketch -- with diamonds of excellent quality, affordably priced.

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  • We are here to help you

    Every ring you see at our studio is unique because every ring you see at our studio is custom made… and you’ll see hundreds of engagement rings along with matching wedding bands. Book your FREE consultation today. We think you’ll find Budget Diamonds a truly rewarding experience and you’ll be under no obligation whatsoever.

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151 reviews
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Wow! What a great experience at BDO! Marjana was more than helpful, honest and knowledgeable when it came to helping me pick out a wedding band to match my engagement ring (which was also bought from BDO). There are hundreds of options and Marjana was so patient with me until I finally decided on the perfect one...
My Dream Engagement Ring- I searched for a year for the perfect stone and design. I booked an appointment and picked the 2.8 pear lab diamond - we worked together on the stone and wow - this is the most stunning ring I have every seen...
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I really feel like I got what I needed and wanted, for as fair a price as is possible when buying a diamond.

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Come create the engagement ring YOU want to give

While every engagement ring is undeniably special, only a custom-designed diamond ring can truly mirror your thoughts, your emotions, your desires, your love.

Come and discover the deep personal satisfaction of contributing to the creation of your partner’s ring. In a friendly relaxed atmosphere - where knowledge and craftsmanship have excelled for over 3 decades and across 2 generations - our artisan jeweller will help you put your own unique touch into the breathtaking ring you intend to present.

Give us a call and we’ll invite you to the studio… for your FREE consultation!