What the price covers
Finishing an unfinished basement as open living space, with no bathroom: framing, insulation, drywall, flooring, lighting and paint.
Basic, mid-range and premium
The same range split by finish level, as the basement calculator does: the lower half, the middle and the upper half of the published range.
| Project | Basic | Mid-range | Premium |
|---|---|---|---|
| Basement finishing median of 5 companies | $35 – $45 per sq ft | $40 – $50 per sq ft | $45 – $55 per sq ft |
At mid-range finishes, before HST, that works out to:
| Basement size | Mid-range total |
|---|---|
| 600 sq ft | $24,000 – $30,000 |
| 800 sq ft | $32,000 – $40,000 |
| 1,000 sq ft | $40,000 – $50,000 |
What each company publishes
The 5 GTA companies behind this range, cheapest first, in their own words. Our range is the middle (median) of their lows and highs.
| Company | Their price | What their page says |
|---|---|---|
| Leo Constra (Toronto) | $35 – $55 per sq ft | “For comparison, a basic rec-room finish runs $35–$55 per square foot.” |
| Leedway Group (Toronto) | $35 – $55 per sq ft | “Basic finishing runs $35–$55 per square foot” |
| renoWOW! (Toronto) | $35 – $55 per sq ft | “Basic finish | $35 to $55 | $30,000 to $45,000 | Framing, insulation, drywall, pot lights, vinyl flooring, paint. No plumbing.” |
| Dotch Construction (GTA) | $55 – $75 per sq ft | “Basic finishing (drywall, flooring, lighting) | $55–$75 | $44K–$60K” |
| Adept Renovation and Painting (Toronto) | $65 – $80 per sq ft | “Budget / basic | $65-$80 | Framing, insulation, drywall, basic flooring (laminate or LVP), standard lighting, paint, basic trim” |
Prices read on each company’s own page; newest read Oct 8, 2026. This is a budget range, not a written estimate or quote. Your exact price comes in a written estimate after a free in-home visit.
Our promise on every job
- Fixed price. Your written price won’t go up unless you sign a change.
- Finish date in writing. Late? We take $100 a day off your final payment.
- 10% to book. Then pay for each stage as it starts. Never more than one stage ahead.
- 5-year warranty. On our workmanship, in writing.
More basement prices
- Legal basement apartment$102.50 – $127.50 per sq ftMid-range
- Underpinning$45,500 – $72,000Extra, mid-range
- Separate entrance (walk-up)$21,000 – $27,000Mid-range
- Basement bathroom$17,500 – $22,500Mid-range
- Egress (escape) window$3,700 – $5,500 per windowMid-range
- Your own basementAnswer a few questions for your range. No email needed.
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