What Do Renovations Really Cost?

MEN AT WORK DESIGN BUILD estimates the following costs for 2019. Estimates are based on a typical Toronto house (roughly 1500 sqft, not including basement). Please note these prices are estimates and will vary based on finishes and unique scenarios.

FULL RENOVATION (2 FLOORS) INCLUDING KITCHEN, POWDER ROOM & BATHROOM.  

  • Moderate renovation (2 floors) – $300K +
  • Full down to the studs gut (2 floors) – $400K +
  • Lower basement, down to the studs gut on all 3 levels – $600K +

 

 

ADDING AN ADDITION TO A 2 STOREY RENOVATION (MAIN+ SECOND)

  • Full custom renovation plus 2 story addition $500K+

 

 

NEW KITCHEN

  • Basic new kitchen usually means removing a wall in dining room, new kitchen ceiling and flooring, a new window or door, trim and paint – $100K+

 

 

NEW BATHROOMS

  • Add powder room on main floor – $8K
  • Moderate bathroom renovation – $15K
  • High-end bathroom renovation – $20K+

 

 

MAIN FLOOR RENOVATION ONLY

  • With new kitchen and powder room – $200K+
  • Plus moderate addition – $300K+

 

 

NEW BASEMENT 700 SQFT (NOTHING FANCY) 

  • Digging out not underpin & finish – $150K
  • Digging out with underpinning with 8 ft ceilings + finish – $200K