New! 2024 Promotion

Have your legal basement unit built including engineer services, drawings, supply, egress windows, materials, and permit acquisition for just:

$99.99 per square foot*

*This promotion applies to basements that are 750 sq ft and up.

    Estimate Your Basement Renovation Cost

    in square feet

    For basement square larger then 1500 sq.ft please get custom quote

    If you dont know the exact square feet of your basement click here

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    BASEMENT RENOVATIONS

    Add Extra Space and Value to Your Home

    For most homeowners, the basement is a premium space that often goes underutilized. Whether it be for hosting, relaxation, fitness, or one of the several other options available, turning your basement into a beautiful, inviting space should be at the top of your renovation list.

    That said, basement renovations require quite a bit of planning and development work. From initial design to the final stroke of paint, a lot goes into creating the basement of your dreams. This article will explore the work required and the costs associated so that you can properly plan for your next renovation project.

    How Much Do Basement Renovations Cost?

    Your basement renovation cost will depend heavily on a few key variables, the first being the size of the space in square feet. Because larger spaces will require more labour hours and materials, they will naturally cost more to complete. For your reference, expect basements of the following sizes to cost the associated amounts in Canadian dollars:

    • 400-600 sq. ft. = $42,000 – $52,000
    • 600-800 sq. ft. = $52,500 – $68,500
    • 900-1000 sq. ft. = $77,000 – $85,700
    • 1100-1400 sq. ft. = $94,000 – $120000
    Basement Planning Toronto

    Although material quality and project complexity will skew the figures slightly, these numbers should provide you with a ballpark range of what a proper basement renovation will cost depending on the size of the space.

    Basement Renovation Minimum cost.

    500sq/ft and smaller.

    With 3pce bathroom
    Starting from $42,499

    All materials included.

    • Architectural drawings up to OBC Standards (layout of future basement)
    • Design (our in-house designer will help you to select all finishing materials and colors)
    • Dedicated Project Manager
    • Property Protection
    • Framing to OBC Standards
    • Electrical rough ins
    • ESA inspection
    • Rough in plumbing.
    • Insulation of outside walls to OBC standards.
    • Drywall/taping/Prime
    • Waterproofing shower/tub area walls with liquid rubber membrane.
    • Wall Tile installation
    • Floor tile installation
    • Flooring installation
    • Trims (baseboards and casing)
    • Doors installation
    • Painting.
    • Plumbing Fixtures installation
    • Installation of a vanity, mirror, light fixture, and accessories.
    • Professional cleaning.

    Supplied by Moose Group Materials.

    • Framing
    • Electrical wiring
    • Plugs switches etc.
    • Insulation
    • Vapour barrier
    • Drywall
    • Mud
    • Plaster
    • Tape,
    • Mesh
    • Corner bids
    • Primer
    • Flooring underlay
    • Flooring (Laminate/vinyl)
    • Trim (baseboard, casing door jambs)
    • Interior Doors
    • Flooring Tile
    • Wall tile
    • New toilet
    • New vanity
    • New vanity faucet
    • New Shower Fauset (rough-in and finishings)
    • New shower base
    • New shower glass partition.
    • 3pce Accessories
    • Paint.

    Basement Renovation cost.

    750sq/ft and up.

    With 3pce bathroom
    Starting from $52,492

    All materials included.

    • Architectural drawings up to OBC Standards (layout of future basement)
    • Design (our in-house designer will help you to select all finishing materials and colors)
    • Dedicated Project Manager
    • Property Protection
    • Framing to OBC Standards
    • Electrical rough ins
    • ESA inspection
    • Rough in plumbing.
    • Insulation of outside walls to OBC standards.
    • Drywall/taping/Prime
    • Waterproofing shower/tub area walls with liquid rubber membrane.
    • Wall Tile installation
    • Floor tile installation
    • Flooring installation
    • Trims (baseboards and casing)
    • Doors installation
    • Painting.
    • Plumbing Fixtures installation
    • Installation of a vanity, mirror, light fixture, and accessories.
    • Professional cleaning.

    Supplied by Moose Group Materials.

    • Framing
    • Insulation
    • Electrical wiring
    • Plugs switches etc.
    • Vapour barrier
    • Drywall
    • Mud
    • Plaster
    • Tape,
    • Mesh
    • Corner bids
    • Primer
    • Flooring underlay
    • Flooring (Laminate/vinyl)
    • Trim (baseboard, casing door jambs)
    • Interior Doors
    • Flooring Tile
    • Wall tile
    • New toilet
    • New vanity
    • New vanity faucet
    • New Shower Fauset (rough-in and finishings)
    • New shower base
    • New shower glass partition.
    • 3pce Accessories
    • Paint.

    Basement Renovation cost.

    1000sq/ft and up.

    With 3pce bathroom
    Starting from $65,498

    All materials included.

    • Architectural drawings up to OBC Standards (layout of future basement)
    • Design (our in-house designer will help you to select all finishing materials and colors)
    • Dedicated Project Manager
    • Property Protection
    • Framing to OBC Standards
    • Electrical rough ins
    • ESA inspection
    • Rough in plumbing.
    • Insulation of outside walls to OBC standards.
    • Drywall/taping/Prime
    • Waterproofing shower/tub area walls with liquid rubber membrane.
    • Wall Tile installation
    • Floor tile installation
    • Flooring installation
    • Trims (baseboards and casing)
    • Doors installation
    • Painting.
    • Plumbing Fixtures installation
    • Installation of a vanity, mirror, light fixture, and accessories.
    • Professional cleaning.

    Supplied by Moose Group Materials.

    • Framing
    • Insulation
    • Electrical wiring
    • Plugs switches etc.
    • Vapour barrier
    • Drywall
    • Mud
    • Plaster
    • Tape,
    • Mesh
    • Corner bids
    • Primer
    • Flooring underlay
    • Flooring (Laminate/vinyl)
    • Trim (baseboard, casing door jambs)
    • Interior Doors
    • Flooring Tile
    • Wall tile
    • New toilet
    • New vanity
    • New vanity faucet
    • New Shower Fauset (rough-in and finishings)
    • New shower base
    • New shower glass partition.
    • 3pce Accessories
    • Paint.

    Legal Basement Apartment Renovation cost.

    750sq/ft and up.

    With 3pce bathroom
    Starting from $74,998

    All materials included.

    • Architectural drawings up to OBC Standards (layout of future basement)
    • Permit submission and acquisition.
    • Design (our in-house designer will help you to select all finishing materials and colors)
    • Dedicated Project Manager
    • Coordinating with city hall
    • Passing all inspections with city inspector
    • Providing full documentation and closet permit at completion.
    • Property Protection
    • Egress window installation (including cut-out and proper drain system)
    • Framing to OBC Standards
    • Electrical rough ins
    • ESA inspection
    • Rough in plumbing.
    • Insulation of outside walls to OBC standards.
    • Drywall/taping/Prime
    • Waterproofing shower/tub area walls with liquid rubber membrane.
    • Wall Tile installation
    • Floor tile installation
    • Flooring installation
    • Trims (baseboards and casing)
    • Doors installation
    • Kitchen cabinets installation
    • Countertop installation
    • Painting.
    • Plumbing Fixtures installation
    • Installation of a vanity, mirror, light fixture, and accessories.
    • Professional cleaning.

    Supplied by Moose Group Materials.

    • Framing
    • Egress window
    • Insulation
    • Electrical wiring
    • Plugs switches etc.
    • Vapour barrier
    • Drywall
    • Mud
    • Plaster
    • Tape,
    • Mesh
    • Corner bids
    • Primer
    • Flooring underlay
    • Flooring (Laminate/vinyl)
    • Trim (baseboard, casing door jambs)
    • Interior Doors
    • Kitchen cabinets
    • Counter top
    • Kitchen faucet
    • Kitchen sink
    • Flooring Tile
    • Wall tile
    • New toilet
    • New vanity
    • New vanity faucet
    • New Shower Fauset (rough-in and finishings)
    • New shower base
    • New shower glass partition.
    • 3pce Accessories
    • Paint.

    Basement Bathroom Renovation Cost

    The cost of labour, trades, and all rough materials only
    Starting from: $23,998
    • Design (our in-house designer will help you to select all finishing materials and colors)
    • Property Protection
    • Demolition and disposal.
    • Prep work
    • Rough Plumbing check.
    • Drain work below grade. (including breaking existing concreate slab and reinstatement after drain work)
    • Rough in plumbing.
    • Drywall/taping
    • Waterproofing shower/tub area walls with liquid rubber membrane.
    • Wall Tile installation
    • Floor tile installation
    • Painting.
    • Plumbing Fixtures installation
    • Installation of a vanity, mirror, light fixture, and accessories.
    • Professional cleaning.
    • New Flooring Tile
    • New toilet
    • New vanity
    • New vanity faucet
    • New Shower Fauset (rough-in and finishings)
    • New tub/shower acrylic
    • New Shower glass enclosure
    • 3pce Accessories

    Basement Renovations Cost Factors

    Like any other home renovation project, your two primary costs will come from materials and labour. For larger basement projects, this notion remains truer than ever. Depending on the size and complexity of your basement renovation project, tens (if not hundreds) of hours will be spent on construction, and thousands of dollars of materials will be used.

    More complex projects will be priced accordingly, with premium materials and complex styling costing more than their standard alternatives. You should consider your basement renovation an investment in the value of your home and the quality of your lifestyle, and with that find a balance that fits your budget.

    Basement Renovations Cost Factors

    Like any other home renovation project, your two primary costs will come from materials and labour. For larger basement projects, this notion remains truer than ever. Depending on the size and complexity of your basement renovation project, tens (if not hundreds) of hours will be spent on construction, and thousands of dollars of materials will be used.

    More complex projects will be priced accordingly, with premium materials and complex styling costing more than their standard alternatives. You should consider your basement renovation an investment in the value of your home and the quality of your lifestyle, and with that find a balance that fits your budget.

    Basement Renovation Cost Breakdown

    Housed within the labour and material quality costs are a handful of more technical renovation items that you’ll need to consider for your project. They include everything from initial planning to infrastructure and development. Below we’ll explore them in detail and explain the price ranges you should expect to see.

    Basement Bathroom Renovation by Moose Basements

    Plumbing

    Your newly renovated basement will need to have a water connection in order to install a bathroom, sink, and so on. You’ll need a plumber to come in and ensure that the water and sewage lines are properly installed and working correctly. As such, the plumber on site will charge you per-hour depending on the complexity of the work and the time it takes to complete.

    Building Permits

    Before you can begin your basement renovations you’ll be required to get the proper permits and permissions from local government authorities. Anticipate this portion of the project to cost between $3500 and $5000, dependent on the complexity and size of your project.

    Basement Renovation Contractor Toronto
    Basement blueprint by moose basements

    Inspections

    Inspections will be required if you’re adding any plumbing or electrical elements to your basement during renovations. Inspections are important because they’ll ensure that the work completed is up to municipal standards and prevent damage due to leaks, electrical fires, and so on. Inspection costs will vary greatly depending on the size of the project and whether you’re having plumbing work, electrical work, or both completed.

    Framing

    If your renovations are going to involve the creation of multiple rooms, you’ll need to consider the cost to frame a basement. Framing costs will depend on a few variables, including whether or not old walls need to be knocked down and how many additional walls and doorways need to be built. You should anticipate framing costs to range anywhere between $15 and $30 per linear foot.

    Basement Framing Before Renovation
    Basement Finishing Drywall Stage Image

    Drywall Installation

    If you do happen to frame additional walls as you go through your renovations, you’ll need to consider the cost to drywall a basement. Heavily dependent on the type of drywall material used, anticipate a cost of approximately $20 per sheet. On top of that, the actual drywall installation will cost you anywhere from $1 to $3 per square foot.

    Beyond standard drywall, you also have the option to add special textured finishes, including soundproofing and mold resistance. These will come at an additional cost, of course, with soundproofing starting at $50 per 4×8 panel.

    Insulation

    In order to help with temperature regulation and basement warmth, you’ll want to ensure that your walls, both new and old, are insulated correctly by a professional team. Standard rigid and spray foam insulation options will cost anywhere between $1.50 and $5.50 per square foot, including the material and installation labour.

    Basement Framing Process Image
    Finished Basement Interior with A Bar and Winechiller

    Ceiling

    No basement renovation would feel complete without a beautiful new ceiling. Although seemingly standard, there are several ceiling options available that offer unique styles at differing price points. The three most common include:

    • Drop Ceilings make use of acrylic panels to create a beautiful design that appears more expensive and luxurious than it actually is. As an affordable, stylish option, expect to pay anywhere between $2 and $6 per square foot.
    • Sheet Paneling makes use of traditional ceiling materials to create a simple, elegant style that is reliable over years. As the most commonly used ceiling option available, expect to pay anywhere between $12 and $30 per panel.
    • Tongue and Groove Wood makes use of high-quality materials to create an elegant, layered ceiling experience. That said, it is also the most affordable, and you can expect to pay anywhere between $1 and $3 per square foot.

    Flooring

    Basement flooring is one of the first items any visitor will notice and you’ll want to make sure it leaves a lasting impression. Depending on the style of your new basement and the budget available, there are a handful of flooring options you can choose from:

    • Vinyl Flooring is a beautiful, budget friendly option that will give your basement a modern look. For an average sized basement, you’ll be looking at between $1 and $8 per square foot.
    • Engineered Wood is a premium wood flooring option and will add a layer of elegance and comfort over its Vinyl alternative. That said, it still remains a relatively affordable option at between $6 and $12 per square foot.
    • Porcelain or Ceramic Tiles are a more traditional style that will create a unique basement experience. As the most expensive of the options available, expect to pay between $9 and $15 per square foot.
    • Carpeting is the only basement flooring option that really focuses on warmth and coziness. Although not for everyone, good carpet can create a wonderfully welcoming basement experience, and you can expect to pay between $15 and $30 per square foot.
    Basement Floor Installation in Renovation Project
    Basement Painting Services by Moose Basements

    Painting

    The paint chosen for your basement walls will have a large impact on the experience and mood of the space. Lighter paints will create a brighter and airier space, perfect for hosting and lively activities. Darker paints will create a cozier and warmer space, perfect for relaxation and comfort. Both options are great and depend on the style of basement you’re looking to develop, but you can expect the cost of painting to range between $5 and $8 per square foot. Depending on coats required and complexity of design, such as patterned or contrasting walls, you may be required to pay more.

    Electrical

    The lighting selected for your new basement is going to have a major impact on the finished product. Whether you opt for traditional ceiling lights, pot lights, or one of the many other options available, you’ll need a professional electrician to come in and do the job correctly. Expect this portion of the project to cost between $15 and $30 per square foot, the total amount of hours being dependent on the size of the job and quoted by the tradesmen.

    Basement Electric Services During Basement Renovation
    Bathroom Additions and Renovations

    Bathroom Addition

    Adding a bathroom to your basement during renovations will offer incredible convenience over the years to come, as well add to the resale value of your home. The cost associated will depend on whether you’re looking for a two-piece, three-piece, or custom styled bathroom, but you should anticipate costs to range between $10,000 and $25,000.

    FAQ’s

    If you’re ready to take your home to the next level with a beautiful basement renovation, our team is excited to get started. Contact us today to learn more about our approach, cost, and how we’ll turn your basement into the space of your dreams.

    Does a finished basement increase the value of my home?

    Absolutely. A beautifully renovated basement space can add tens of thousands of dollars to the value of your home. Whether it’s being designed for personal use, or as a second living space to create an additional income source, basement renovations that are done correctly will always be a profitable investment.

    How long will it take to renovate my basement?

    The time required to finish your basement project depends heavily on the size of the space and complexity of the build. That said, most projects take between 3 and 4 weeks to finish.

    How much does it cost to finish a 600 square foot basement?

    The complete renovation of a basement that is 600 square feet would be estimated to cost between $48000 and $52,000. However, this should be seen as a rough framework, as every project is unique and will require custom assessments and quotes.