How Much Does a Home Renovation Cost in Toronto in 2026? Full Price Breakdown

Mar 8, 2026 | Home Rennovation, Uncategorized

A full home renovation in Oakville, Burlington, or Toronto typically costs between $25,000 and $200,000+ depending on the scope of work, materials, and complexity. Whether you’re updating a single room or gutting an entire house, understanding what drives renovation costs will help you budget accurately and avoid surprises. In this guide, we break down real pricing for every major renovation type so you can plan with confidence.

Red Stone Contracting consultant reviewing renovation plans with Toronto homeowners

Quick Cost Summary: Home Renovation in the GTA (2026)

Here’s what homeowners across Oakville, Burlington, Mississauga, and Toronto are paying this year for the most common renovation projects:

Renovation Type Average Cost Typical Timeline
Kitchen Renovation $25,000 – $75,000+ 6 – 12 weeks
Bathroom Renovation $15,000 – $45,000 4 – 8 weeks
Basement Finishing $30,000 – $80,000 8 – 14 weeks
Whole Home Renovation $100,000 – $300,000+ 4 – 8 months
Home Addition $150,000 – $400,000+ 4 – 10 months
Condo Renovation $20,000 – $60,000 4 – 10 weeks

Note: These prices include design, materials, labour, and project management. Prices reflect the Greater Toronto Area as of early 2026 and vary based on finishes and site conditions.

 

Kitchen Renovation Costs

The kitchen is the most renovated room in Canadian homes and the one with the widest cost range. What you spend depends largely on whether you’re refreshing the existing layout or doing a full gut-and-rebuild with structural changes.

Red Stone Contracting workers framing walls during Toronto home renovation
Kitchen Renovation Scope Cost Range What’s Included
Cosmetic refresh $10,000 – $20,000 Cabinet refacing, new countertops, backsplash, paint, hardware
Mid-range renovation $25,000 – $50,000 New cabinets, quartz countertops, tile backsplash, new flooring, updated lighting
High-end renovation $50,000 – $75,000 Custom cabinetry, premium appliances, waterfall island, structural changes, designer finishes
Full luxury with addition $75,000 – $120,000+ Open-concept conversion, premium everything, smart home integration, custom millwork

Where the money goes in a kitchen renovation:

  • Cabinets: 30-40% of total budget
  • Countertops: 10-15%
  • Labour: 20-30%
  • Appliances: 10-15%
  • Flooring, backsplash, fixtures: 10-15%

If you’re planning a kitchen renovation, we offer free design consultations to help you understand exactly where your budget will go.

 

Bathroom Renovation Costs

Bathrooms deliver some of the highest ROI of any renovation, especially ensuites and main bathrooms. The cost depends heavily on whether you’re keeping the existing plumbing layout or reconfiguring everything.

Renovation blueprints and building permits on table with Red Stone Contracting clipboard
Bathroom Renovation Scope Cost Range
Powder room update $5,000 – $10,000
Standard bathroom renovation $15,000 – $30,000
Primary ensuite renovation $25,000 – $45,000
Luxury spa bathroom $40,000 – $65,000+

Key cost drivers in bathroom renovations:

  • Tile: Large format porcelain ($8-$15/sq ft installed) vs natural stone ($20-$40/sq ft installed)
  • Vanity: Stock ($500-$1,500) vs custom floating ($2,500-$6,000)
  • Shower: Standard alcove ($2,000-$4,000) vs frameless glass walk-in ($5,000-$10,000)
  • Plumbing relocation: Moving a drain or supply line adds $2,000-$5,000

Get a clearer picture of your bathroom renovation costs with a free in-home consultation.

 

Basement Renovation Costs

Finishing a basement is one of the smartest investments you can make in your home. It adds livable square footage at a fraction of what a home addition costs. In the GTA, a properly finished basement can add $50,000-$100,000+ to your home’s value.

Finished basement with home theatre, sectional sofa, and wet bar area
Basement Renovation Scope Cost Range
Basic finish (open concept, drywall, flooring, pot lights) $25,000 – $40,000
Mid-range (separate rooms, bathroom, kitchenette) $40,000 – $65,000
High-end (home theatre, wet bar, luxury bathroom, bedroom) $65,000 – $100,000+
Legal basement apartment (separate entrance, full kitchen, fire separation) $80,000 – $120,000+

Common basement renovation add-ons and their costs:

  • 3-piece bathroom: $8,000 – $15,000
  • Wet bar with sink: $5,000 – $12,000
  • Separate entrance (walkout or side): $10,000 – $25,000
  • Egress window (code requirement for bedrooms): $3,000 – $6,000
  • Underpinning (lowering the floor): $50,000 – $100,000+

Explore our basement renovation services to see how we approach basement projects from permits through to final finishes.

 

Whole Home Renovation Costs

A full custom home renovation typically involves gutting the interior, updating all mechanical systems (electrical, plumbing, HVAC), reconfiguring layouts, and finishing every room. This is the most complex type of renovation and requires careful project management.

Home renovation in progress showing exposed framing, electrical rough-in, and construction tools
Whole Home Scope Cost per Sq Ft 1,500 Sq Ft Home 2,500 Sq Ft Home
Mid-range finishes $75 – $120/sq ft $112,000 – $180,000 $187,000 – $300,000
High-end finishes $120 – $200/sq ft $180,000 – $300,000 $300,000 – $500,000
Luxury/custom $200 – $350+/sq ft $300,000 – $525,000 $500,000+

What’s typically included in a whole home renovation:

  • Complete demolition and disposal
  • Structural modifications (removing walls, adding beams)
  • Full electrical rewiring to current code
  • Plumbing updates or relocation
  • New HVAC system or upgrades
  • All new drywall, trim, paint, flooring
  • Kitchen and bathrooms built from scratch
  • New doors, windows, and hardware

 

Home Addition Costs

When renovating isn’t enough and you need more space, a home addition is the next step. Additions are priced per square foot and vary significantly based on whether you’re going up (second storey) or out (ground-level extension).

Home addition being built onto a suburban house with new framing and foundation
Addition Type Cost per Sq Ft Typical Total
Ground floor extension $200 – $350/sq ft $100,000 – $250,000
Second storey addition $250 – $400/sq ft $150,000 – $400,000
Garage conversion $100 – $200/sq ft $40,000 – $80,000
Sunroom / 3-season room $150 – $300/sq ft $50,000 – $120,000

Why additions cost more per square foot than renovations:

  • New foundation or structural reinforcement required
  • Building permits and engineering fees ($5,000 – $15,000)
  • Exterior finishing (siding, roofing, windows) to match existing home
  • HVAC extension to service the new space

 

What Factors Affect Your Renovation Cost?

Beyond the type of renovation, several factors move your final price up or down:

1. Material Selection

This is the single biggest variable. Stock cabinets vs custom, laminate vs quartz, builder-grade tile vs imported porcelain. Material choices alone can swing a kitchen renovation by $20,000 or more. Our design solutions team helps you find the right balance of quality and budget.

2. Permit Requirements

Most structural, electrical, and plumbing work in Ontario requires building permits. Permit fees in the GTA typically run $500-$3,000 depending on scope. Skipping permits can create serious problems when you sell your home.

3. Site Conditions

Older homes in Oakville, Burlington, and Toronto often have surprises behind the walls: knob-and-tube wiring, asbestos, outdated plumbing, or structural issues. Budget 10-15% as a contingency for the unexpected.

4. Location Within the GTA

Renovation costs vary by municipality due to permit fees, contractor travel, and local market conditions:

Location Relative Cost
Oakville Base (our home market)
Burlington Similar to Oakville
Mississauga 5-10% higher (permit costs)
Toronto 10-20% higher (parking, access, permit timeline)

5. Timeline and Season

Rushing a project increases costs. Booking during winter months (January-March) is often 5-10% cheaper as it’s the slower season for renovations. Plan ahead and you can save significantly.

 

How to Budget for Your Renovation

  1. Define your scope clearly before getting quotes. “Renovate the kitchen” means different things to different people. The more specific you are, the more accurate your quotes will be.
  2. Set aside 10-15% contingency. Every renovation uncovers something unexpected. Having a buffer prevents stressful budget overruns.
  3. Get 3 detailed quotes. Compare line by line, not just totals. The cheapest quote often excludes things the others include.
  4. Understand what’s included. Does the quote cover design, permits, disposal, and project management? Or just labour and materials?
  5. Prioritize where you spend. Invest in things that are hard to change later (layout, plumbing, electrical, windows) and save on things that are easy to upgrade (paint, hardware, light fixtures).

 

What to Look for in a Renovation Contractor

Your contractor is the single most important decision you’ll make. Here’s what to verify:

  • Licensed and insured with full liability coverage and WSIB
  • Detailed written contract that specifies scope, materials, timeline, and payment schedule
  • Portfolio of completed projects similar in scope to yours
  • References you can actually contact from recent local projects
  • Clear communication process with a dedicated project manager
  • No large upfront deposits. Progress-based payments tied to milestones are the industry standard

Red Stone Contracting has been Oakville’s trusted renovation company since 2001. We serve Oakville, Burlington, Mississauga, and the entire GTA with transparent pricing, professional project management, and a commitment to delivering results that exceed expectations.

 

Frequently Asked Questions

How long does a full home renovation take?

A full home renovation typically takes 4-8 months depending on size and complexity. Kitchen renovations average 6-12 weeks, bathroom renovations 4-8 weeks, and basement finishings 8-14 weeks. Timeline depends on permit approvals, material lead times, and scope of structural work.

Do I need a building permit for my renovation in Ontario?

Most renovations involving structural, electrical, or plumbing changes require a building permit in Ontario. Cosmetic updates like painting, flooring, and cabinet refacing typically do not. Your contractor should handle all permit applications and schedule required inspections.

What renovation adds the most value to a home?

Kitchen renovations consistently deliver the highest ROI in the GTA, recovering 70-80% of costs at resale. Bathroom renovations and basement finishings are close behind. A finished basement can add $50,000-$100,000+ in home value while costing significantly less than a home addition.

Can I live in my home during a renovation?

For most single-room renovations (kitchen, bathroom, basement), yes. Your contractor should set up dust barriers and maintain access to essential areas. For full home renovations that involve removing walls, updating all plumbing, or electrical rewiring, temporary relocation is usually recommended for 4-8 weeks during the most disruptive phase.

How much should I budget for unexpected costs?

We recommend setting aside 10-15% of your total renovation budget as contingency. Older homes in Oakville, Burlington, and Toronto often have hidden issues behind walls including outdated electrical, plumbing that needs replacing, or structural concerns that only become visible once demolition begins.

Do you offer free estimates?

Yes. Contact Red Stone Contracting for a free, no-obligation estimate. We will visit your home, discuss your vision and budget, and provide a detailed written quote with clear line items so you know exactly what you are paying for.

 

Ready to Start Your Renovation?

Getting an accurate price starts with a conversation. Our team will visit your home, understand your goals, and provide a detailed estimate with no surprises.

Call us: (905) 901-1006
Or: Book a free consultation online

Red Stone Contracting has been the GTA’s trusted renovation company since 2001. From kitchen and bathroom renovations to complete home transformations, we deliver professional results on time and on budget.