3 min read
Understanding Basement Finishing Costs in the GTA: A Comprehensive Guide
Basement Finishing Cost Ranges in the GTA (2026) Scope Typical range Basic open-plan recreational space (no kitchen, no bathroom) $35,000 – $55,000 Full basement with bathroom and wet bar $55,000 – $80,000 Legal second unit / basement apartment (separate entrance, full kitchen, full bath) $80,000 – $130,000+ High-end home theatre or luxury recreation room $80,000 – $150,000+ Pricing reflects current GTA contractor rates for supply and labour, including permits. Square footage
