12 Best Engagement Ring Stores in Toronto in 2023

Toronto has plenty of options when it comes to shopping for an engagement ring. This fashion capital in-the-making offers a wide array of contemporary and vintage engagement ring styles and designs.

But finding the right store that marries excellent craftsmanship with gorgeous designs, reasonable prices and great service can get tricky.

To help you with this, we’ve narrowed down the list to 12 of the best local stores for engagement rings. Our selection criteria included excellence of service, quality of craftsmanship, customer reviews, price, and after sales policies. We’re sure you’ll find the ring of your dreams at any one of these stores!


kimberfire oval solitaire engagement ring
Photo: Kimberfire

Location: 27 Queen St E #1204, Toronto, ON M5C 2M6, Canada

Customer rating: 5 stars

Kimberfire is one of the most popular local stores in Toronto when it comes to engagement rings and jewelry. If you’re looking for a personalized jewellery buying experience, without the markup, look no further!

When you decide to purchase from Kimberfire, you will meet with a dedicated diamond consultant. They will then go through their high-tech process to design your ring. Once you approve the design, they will handcraft the ring right here in Toronto.

Kimberfire combines great service and quality at prices competitive to online-only retailers. From handpicking the ideal diamond for you, to creating a custom design of your choice, the Kimberfire team takes their reputation seriously and ensures that their clients are confident and happy with their purchase.

And it’s clear their customers love them! They have three Top Choice awards and hundreds of 5-star reviews online.

For consultations, check their website: Kimberfire

National Jewel Creations

princess cut diamond solitaire engagement ring in white gold setting
Photo: National Jewel Creations

Location: 215 Victoria St #300, Toronto, ON M5B 1T8, Canada

Customer rating: 5 stars

Founded in 1987, National Jewel Creations has one focus – to make the process of purchasing your engagement ring as easy, enjoyable and affordable as possible.

The team at National Jewel Creations strives to provide the highest quality at competitive, unbeatable prices and the best customer service, with a lifetime warranty. 

National Jewel Creations offers a wide range of engagement and wedding ring designs and a world of loose diamonds. They provide a range of services, including free resizing, free engraving, worldwide shipping, and appraisals. 

Their commitment to quality can be seen in the many awards that they’ve received:  

  • Winner of the Top Choice award – 2016, 2017 and 2018
  • Winner of The Knot Best of Wedding – 2017, 2018 and 2019
  • Winner of the Consumers Choice Award – 2020

For consultations, check their website: National Jewel Creations

princess cut diamond engaegment ring in rose gold setting
Photo: Alexis Gallery

Location: By appointment only, 156 King St E, Toronto, ON M5A 1J3

Customer rating: 5 stars

Alexis Gallery Custom Engagement Rings is a family business run by sisters Alexis and Mercedes Smith. Their name says it all – they focus on bespoke rings, and they are committed to offering the ultimate in bespoke jewellery. With a perfect 5-star customer rating, it’s clear that they’ve got it right.

The process is simple – first, share your vision with the designers. They will then reveal the 3D digital creation of your design, and once they receive the green light from you, the ring will be handcrafted here in Toronto.

For those not in the Greater Toronto Area, Alexis Gallery offers virtual design meetings, which gives you the convenience of a bespoke engagement ring service without having to leave your home.

Alexis Gallery only crafts one ring at a time, giving it all the attention and detail that it requires. Customers rave about their professionalism, knowledge, and communication for a stress-free custom ring creation experience.

For consultations, check their website: Alexis Gallery


round cut diamond solitaire pave engagement ring
Photo: Damasci

Location: 55 Dundas St E 1st Floor, Toronto, ON M5B 1C6

Customer rating: 5 stars

Claiming to be Toronto’s premium store for engagement rings, Damasci offers a sizable collection that’s bound to impress. Their prices aren’t too far out and they’ve got enough variety (with well-curated categories and styles) to help you get a good deal.

Prices hover around $1000-$1500 (USD) for an authentic engagement ring and you can get items shipped to the US and dozens of international countries such as Australia, Europe, New Zealand, Russia, and many more with free shipping.

They also have a lenient returns policy where you can return an item within 30 days if it doesn’t live up to your expectations. Damasci crafts its jewelry in-store and ships them directly from its workshops in Toronto. They source cruelty-free diamonds and have instituted a lifetime warranty in case of craftsmanship faults and shipping damages.

Also, given the opportunity, they can work with you and help create bespoke engagement rings to suit your requirements and sense of style. Their website is not the most unique but they offer a good price and sufficient guides to help beginners out.

Overall, Damasci is an excellent local store to buy wedding rings thanks to its free shipping, hassle-free return policy, and lifetime guarantees.

For consultations, check their website: Damasci

Livia Diamonds

round cut diamond engagement ring
Photo: Livia Diamonds

Location: 47 Colborne St, Suite 100, Toronto, ON M5E 1E3

Customer rating: 5 stars

With tons of different categories based on style, diamond cut, ring type, and metal type, Livia Diamonds stocks a well-defined list of engagement rings with tons of guides and descriptions. Whether you’re a newbie or veteran, Livia will help you know your options.

Since they personally contact every customer, there’s a good chance that you can find a piece that’s perfect for you. The average cost is around $6,000 for a bespoke engagement ring, but this varies depending on the design and other factors.

One thing they could improve on is that they don’t display their prices on the website. This is because the bulk of their inventory is made to order. They don’t have an e-commerce store setup and the only way to get price quotes or commission a bespoke piece is to contact them. However, simply book a free consultation, either in-house or virtually, and you can make use of their expertise.

All in all, if you’re looking for a personalized experience with their founder, Aret, to help you find an awesome design, Livia Diamonds is right for you.

For consultations, check their website: Livia Diamonds

Serli & Siroan

oval shape diamond engagement ring in yellow gold setting
Photo: Serli & Siroan

Location: 87 Avenue Rd, Toronto, ON M5R 3R9

Customer rating: 5 stars

For quality and classy designs, we recommend Serli & Siroan. They offer tons of helpful information and images from their line-up to help couples find the best engagement rings.

However, like some others on this list, they too don’t offer an online storefront with direct price quotes and extensive product information. Instead, they prefer a more personal approach where you must contact them (via E-mail, live chat, or telephone) to get more information.

After you contact them, Serli & Siroan will ensure that you you become a top priority. As such, you’ll have immediate replies to any queries you might have along with the additional ability to book appointments online or reserve items for in-store pickup.  

All products are shipped via FedEx priority overnight shipping free of charge and their off-the-shelf products won’t take longer than two business days to arrive. Custom orders might take a week or so but you can track your order anytime and contact them for further clarification. They don’t offer refunds but are willing to exchange or replace your items within 14 days under the right circumstances. 

For consultations, check their website: Serli & Siroan

Diamonds For Less

round cut diamond cluster sides engagement ring in white gold setting
Photo: Diamonds For Less

Location:  5 Shuter St, Toronto, ON M5B 2H8

Customer rating: 4.9 stars

Just like their name, Diamonds For Less has a straightforward, no-nonsense approach to the business of selling diamonds. They aim to provide the best possible diamonds and fine jewellery at the lowest prices. They have over 30 years of experience in the trade – so they know what they’re doing!

One good thing about Diamonds For Less is that you have access to one of the largest engagement ring selections in Toronto. Their range includes colored diamonds and all the classic engagement ring styles. If you’re after a custom ring, they do that too.

Diamonds For Less recently updated their website, which now features 360-degree videos and magnified images. You can inspect their settings and diamonds closely. Their site is on par with the top diamond retailers in the business, providing you with a convenient and pleasant online shopping experience.  

We found their sales representatives to be knowledgeable and friendly. They take the time to help you out. But if you prefer to do your own research, the site has tons of educational information too.

The overall consensus? Diamonds For Less is a great place to start (and end) your engagement ring shopping in Toronto. But don’t take our word for it. Check out the hundreds of 5 star reviews by their customers raving about them!

For consultations, check their website: Diamonds For Less

Design by Sevan

three stone diamond engagement ring in yellow gold setting
Photo: Design by Sevan

Location:  477 Richmond St W #801, Toronto, ON M5V 3E7, Canada

Customer rating: 4.9 stars

In 2000, Sevan Tosun founded Design by Sevan. Today, it’s one of the most popular local engagement ring stores in Toronto. If you’re after custom services that put you front and center, check them out.

You can check out their wide collections of engagement and wedding rings as well as diamond jewellery featured on their site. Their Latest Designs collection is a gallery to inspire, featuring videos of real customer rings and showcasing the quality their work.

Because they operate only on a bespoke basis with all jewellery designed in-house, the best approach is to book a free appointment with Design by Sevan to discuss your requirements.

All diamonds offered by Design by Sevan are GIA certified and conflict-free. With a happy client base evident from their excellent customer reviews, Design by Sevan is one not to miss if you’re looking for a unique, customized engagement ring experience. 

For consultations, check their website: Design by Sevan

Jacob Mercari

round sapphire solitaire pave engagement ring
Photo: Jacob Mercari

Location:  1004-27 Queen St E, Toronto, ON M5C 2M6, Canada

Customer rating: 4.9 stars

Jacob Mercari is the place to go for quality craftsmanship and personalized service. Whether you want to create, modify or replicate a ring design, Jacob Mercari will be able to help you out.

Each piece of jewellery by Jacob Mercari is crafted in Toronto. What’s more, their diamonds are all GIA-certified and many are Canadian in origin, as part of the CanadaMark program. But if lab-created diamonds is more your thing, you can find them here too.

We like Jacob Mercari’s commitment to transparent practices and accountability, which reflects in their customer service. What’s even better is that each engagement ring purchase comes with an independent third-party appraisal, free cleaning and sizing for life, free shipping and the peace of mind of conflict-free origins!

For consultations, check their website: Jacob Mercari

Budget Diamonds Online

blue baguettes with diamond engagement ring
Photo: Budget Diamonds Online

Location:  55 Queen St E #1002, Toronto, ON M5C 1R6, Canada

Customer rating: 4.9 stars

This might not be the fanciest name, but we can get behind their mission. Budget Diamonds Online aims to provide the best engagement rings at the most competitive prices. Because they work as a diamond wholesaler, they can eliminate unnecessary middle men. This keeps the costs low.

Whether bespoke or ready made, Budget Diamonds has something for everyone. Your budget might be $1000 or $50,000, but they will work with you to create a perfect custom-made ring.

Budget Diamonds has a great online presence and allows you to browse their extensive collections via their easy-to-navigate website. You can find bridal rings, men’s wedding bands, diamonds and custom rings on their site. If you want to check them out, you’ll have to book an appointment before dropping into their premises. The consultation is free and there is no obligation to buy.

Known for their exceptional customer service, quick turn-around time and good after sales services. Their perfect 5-star score on Yelp is a testament to the happy customer base that they have.

For consultations, check their website: Budget Diamonds Online

Made You Look

round cut diamond with marquise side stones engagement ring
Photo: Made You Look

Location:  1338 Queen Street West, Toronto, ON, Canada

Customer rating: 4.7 stars

For the very best in local Toronto designers, you won’t find a better place than Made You Look. They represent over 100 local jewellery designers, whose work covers all types of styles. Whether you’re after sleek, and modern or whimsical and humorous, you can find a designer that does that.

Made You Look operates as a gallery, with over 20 designers on site at any time during the day. Browse their work online and pick one that you think would suit your style. Or why not just drop in and check out their work at the gallery?

We love this eclectic setup because you aren’t limited to one style or approach when it comes to designing your ring. Whether custom or ready-made, there’s something for everyone. What’s more, Made You Look has been a top choice for ethically sourced local jewellery since its inception in 2001.

For consultations, check their website: Made You Look

Cynthia Findlay Antiques

vintage blue sapphire and diamond engagement ring
Photo: Cynthia Findlay Antiques

Location: 284 King St W, Toronto, ON M5V 1J2, Canada

Customer rating: 4.5 stars

With antique and vintage designs always cycling back into fashion, you can’t really go wrong with a design from the past. Cynthia Findlay Antiques, named after the founder of the business, has a strong presence in the antique world in Toronto, with the store attracting customers from tourists to celebrities.

The engagement ring section contains antique to modern designs, so there’s something for everyone here. We found the cost of the rings quite reasonable, with prices starting around the $1000 mark. Their range covers diamonds and gemstones, including emeralds, sapphires, aquamarines and pearls. The designs are beautiful and most are unique.

The website has a touch of the old-fashioned too, reflective of their merchandise. You’ll find other items as well on the site, including furniture and other jewellery. One thing to take note of is that all sales are final, meaning that you would not get your money back in the event that you were to return your item, instead receiving store credit. While this might be off-putting for some, we encourage you to check the site out and browse through their impressive engagement ring inventory.

For consultations, check their website: Cynthia Findlay Antiques

Wrapping Up

And there you have it – 12 of the best places to buy engagement rings right here in Toronto. Whatever style, budget and requirements you have in mind, there’s something for you on this list.

Most of the stores offer personalization and custom services. Some offer a stunning range of ready made designs, while a couple focus on antiques and a gallery of local designers.

If, however, you prefer to shop online, you can go with some of the stores that offer the option. But we also recommend checking out our review of the best online engagement ring retailers. You’ll have a world of diamonds, gemstones and settings at your fingertips without having to leave the comfort of your home.

Dani Rhys

Dani Rhys has worked as a writer and editor for over 15 years in the jewelry niche. She holds a Masters degree in Linguistics and Education. She has always been interested in expression through fashion and accessories, and her extensive experience in the field has made her a respected voice in jewelry trends and education. As the chief editor of Jewelry Shopping Guide, she not only leads the content strategy but also shares her insights through engaging articles. Her passion for storytelling is reflected in every piece she curates, exploring the intricate relationship between jewelry and personal identity.

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