December 22, 2025
Home renovation costs in Toronto typically range from $120 to $400 per square foot, depending on a mix of factors like project size, material choices, and the specific neighbourhood within Toronto. These details can all influence the final cost.
At Astaneh Construction, we prioritize clear and honest conversations—no guesswork, no fine print. Whether you're planning a small update or a full-scale reno in Toronto, we’ve created a detailed renovation costs list to help guide you. It’s all about giving you real numbers upfront so you can plan your next steps with confidence.
Average Home Renovation Price in Toronto 2026
If you're planning a home renovation in Toronto, you're likely asking the big question: how much will it cost? Whether you're updating a kitchen, finishing a basement, or undertaking a full transformation, cost of home renovation vary dramatically depending on project scope, materials, and local regulations. This 2026 guide breaks down what Toronto homeowners can expect to spend, what drives those costs, and how to budget smartly.
| Full Home Renovation | 2,000 sq. ft. | $450,000 – $550,000+ |
| Main Floor Renovation | 850 sq. ft. | $190,000 – $240,000+ |
| Kitchen Renovation | 200 sq. ft. | $45,000 – $75,000+ |
| Bathroom Renovation (Ensuite) | 100 sq. ft. | $35,000 – $46,000+ |
| Basement Renovation | 800 sq. ft. | $250,000 – $300,000+ |
| Home Addition (1 storey) | ~500 sq. ft. | $350,000 – $420,000+ |
| Condo Renovation | 1,000 sq. ft. | $165,000 – $240,000+ |
What is the Home Renovation Cost Per Square Foot
When estimating a home renovation cost in Toronto, one of the first numbers to understand is the cost per square foot. On average, renovation cost fall between $120 and $400 per square foot, but that range can shift depending on the type of work being done.
Cosmetic upgrades like painting or flooring tend to sit at the lower end, while structural changes, luxury finishes, or full-gut renovations push the cost higher. Location within the city also plays a role— some Toronto neighbourhoods come with added logistical or permit-related expenses.
The square footage cost offers a rough estimate, but it’s best used as a starting point. For a clearer picture, Toronto homeowners should weigh in project-specific details like layout changes, custom features, and building age before locking in a budget.
What is the Home Renovation Cost in Toronto by Project Type
Costs can vary widely depending on the type of renovation project in Toronto. From kitchens to basements, here’s a look at what to expect, room by room.
Kitchen Renovation Costs
Kitchen renovations in Toronto can shift your budget fast—layout changes, cabinetry, flooring and finishes all play a big role.
- L-shape kitchen with island (200 sq. ft.): $45,000 to $75,000+
- New appliances: $6,000 to $55,000+
- Wall removal (structural): $10,000 to $15,000+
Expect higher costs for custom cabinetry, premium countertops (granite or marble), and layout changes involving plumbing or electrical rerouting. For design and finishing trends that impact cost, check our blog post 5 Luxury Kitchen Renovation Trends 2026.
Bathroom Renovation Costs
Bathroom updates vary widely in cost depending on size, plumbing changes, and whether you're adding luxury fixtures or keeping it simple.
- Powder Room (50 sq. ft.): $8,500 to $14,500+
- 3-Piece Basement Bathroom: $24,000 to $29,500+
- 4-Piece Master Ensuite: $35,000 to $46,000+
Costs increase with features like walk-in showers, heated flooring, and custom vanities. See our blog post How to Save Money on a Bathroom Renovation for deeper cost‑saving tips.
Basement Renovation Costs
Finishing a basement in Toronto often includes flooring, drywall, lighting, and sometimes a bathroom— each adds to your final cost.
- Basement Renovation (800 sq. ft.): $250,000 to $300,000+
- Underpinning (adds ceiling height): $75,000 to $85,000+ (additional)
Includes waterproofing, flooring, bathroom addition, custom millwork, and separate entrances.
Main Floor Renovation Cost
Main floor renovations cover high-traffic zones like the living room, dining area, and kitchen — costs depend on how much you’re reworking.
- 850 sq. ft. layout changes: $190,000 to $240,000+
- Custom millwork: $6,000 to $40,000+
- Smart home systems / electrical: $4,000 to $29,000+
Home Addition Costs
Building out or adding a second floor? Home additions in Toronto are major projects and come with a higher cost tag.
- One storey addition: $350,000 to $420,000+
- Two storey addition: $780,000 to $850,000+
- Third floor (400 sq. ft.): $360,000 to $400,000+
Additions may require zoning approvals, foundation expansion, and HVAC upgrades. Explore creative ideas and benefits in our blog post Top 10 Home Addition Ideas.
Complete Condo Renovation Costs
Renovating an entire condo in Toronto involves working within building rules while upgrading kitchens, baths, flooring, and often the layout.
Complete Condo Overhaul (1,000 sq. ft.) Cost: $165,000 to $240,000+
Includes kitchen, bathroom, flooring, layout optimization, and finishes. Must comply with condo board regulations. Read more in article How Much Does it Cost to Renovate a Condo?
Key Factors That Influence Cost of Renovation
The cost of renovation isn’t one-size-fits-all — it depends on several key factors that shape renovation prices in Toronto.
How to Save on Your Home Renovations in Toronto?
Home renovation in Toronto doesn’t have to drain your budget. With some strategic planning and a few smart choices, you can cut costs without cutting corners. Below are a few practical tips to help you save money during your renovation while still creating a space that works for your lifestyle.
- Plan in advance to avoid change orders and rushed decisions
- Reuse or refurbish existing materials where possible
- Get multiple quotes from reputable contractors
- Focus budget on high-impact areas (kitchen, ensuite bathroom)
- Time your project during off-peak seasons if possible
FAQ about Home Renovation Budget
Yes. Home additions like new bedrooms or expanded kitchens can significantly increase square footage and property value.
Cost to add 20x20 room varies between $48,000 and $160,000, depending on materials, finishes, and structural complexity.
Typically the kitchen renovation, due to plumbing, electrical, cabinetry, and appliances.
Given high real estate prices, cost to renovate a house in Toronto is often more cost-effective than buying a new home. Strategic renovations can yield strong ROI. Read more in article What Home Renovations Add Value to Your Property?
Renovation is often the more affordable option in Toronto's high-priced market, and it lets you customize your space without relocating.
Get a Custom Quote for Your Renovation
Every project is unique. Our team at Astaneh Construction offers on-site assessments and personalized estimates based on your goals, property layout, and timeline.
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