Home remodeling is one of the most effective ways to improve comfort, functionality, and property value. In a city like Toronto, where the real estate market is strong and competitive, remodeling projects can offer an excellent return on investment. However, one of the first questions homeowners ask is: “How much will it cost?”
The truth is that remodeling expenses vary widely depending on the type of project, materials chosen, and the size of your home. This article breaks down the average costs of home remodeling in Toronto, the factors that influence price, and tips for budgeting your project wisely.
Why Remodeling Costs in Toronto Can Be Higher
Compared to other Canadian cities, Toronto often has higher remodeling costs. Here’s why:
- Labour Costs: Skilled trades are in high demand, which raises hourly rates.
- Permits and Regulations: Toronto has strict building codes, and obtaining permits can add to costs.
- Materials: Many materials are imported, and transportation fees affect pricing.
- Real Estate Market: Since property values are high, homeowners often invest more in quality renovations to increase resale value.
Average Home Remodeling Costs in Toronto
Here are general cost ranges for common remodeling projects in Toronto (based on industry averages as of 2025):
1. Kitchen Remodeling
- Basic Upgrade: $15,000 – $30,000
- Mid-Range Remodel: $30,000 – $60,000
- High-End Remodel: $60,000 – $100,000+
Upgrades typically include cabinetry, countertops, appliances, flooring, and lighting. Kitchens usually offer one of the best returns on investment.
2. Bathroom Remodeling
- Small Bathroom: $10,000 – $20,000
- Standard Bathroom: $20,000 – $35,000
- Luxury Bathroom: $35,000 – $60,000+
Features like custom showers, freestanding tubs, and heated floors can quickly raise costs.
3. Basement Renovations
- Basic Finish: $25,000 – $40,000
- Mid-Range Remodel: $40,000 – $70,000
- High-End Basement Suite: $70,000 – $120,000+
Basement apartments are especially popular in Toronto for generating rental income.
4. Whole-Home Remodels
- Moderate Remodel: $100 – $200 per square foot
- High-End Remodel: $200 – $400+ per square foot
This includes structural changes, flooring, electrical updates, plumbing, and finishes.
5. Exterior Remodeling
- Siding Replacement or Spraying: $10,000 – $30,000
- Roof Replacement: $8,000 – $20,000+
- Deck or Patio Addition: $5,000 – $25,000+
Exterior upgrades improve curb appeal and are a smart investment in Toronto’s market.
Factors That Influence Remodeling Costs
- Project Scope – A cosmetic refresh costs far less than a full structural renovation.
- Size of Space – Larger areas naturally require more materials and labour.
- Materials and Finishes – Luxury finishes such as quartz, marble, and hardwood significantly increase costs.
- Labour and Trades – Electricians, plumbers, and carpenters in Toronto often charge $80–$150+ per hour.
- Permits and Inspections – Renovations involving structural, plumbing, or electrical changes require city permits, which can add $1,000–$5,000 or more.
- Unexpected Issues – Older Toronto homes may reveal hidden problems, such as outdated wiring, asbestos, or foundation concerns, which add to costs.
Tips for Budgeting a Remodeling Project in Toronto
- Plan Ahead – Start with a clear vision of what you want. Changing plans midway adds significant expense.
- Set a Realistic Budget – Allocate 10–15% extra for unforeseen issues.
- Prioritize High-Impact Areas – Kitchens and bathrooms generally offer the best ROI.
- Get Multiple Quotes – Compare at least three contractors to ensure competitive pricing.
- Balance Quality and Cost – Invest in durable materials for long-term savings, but avoid overspending on unnecessary luxury features.
- Consider Financing Options – Many Toronto homeowners use home equity lines of credit (HELOCs) to fund renovations.
- Work with Professionals – Hiring experienced contractors ensures compliance with building codes and reduces the risk of costly mistakes.
Maximizing ROI on Remodeling in Toronto
When planning a remodel, think about resale value as well as personal enjoyment. Here are a few smart upgrades with high returns:
- Kitchen upgrades – modern appliances, quality cabinets, and quartz countertops.
- Bathroom remodels – walk-in showers and updated fixtures.
- Basement apartments – income-generating rental suites.
- Exterior improvements – siding, roofing, and landscaping for curb appeal.
These upgrades not only make your home more comfortable but also attract buyers if you decide to sell.
Final Thoughts
The cost of home remodeling in Toronto varies based on project type, size, and materials, but it’s always a worthwhile investment when done strategically. With kitchens averaging $30,000–$60,000, bathrooms $20,000–$35,000, and full-home remodels exceeding $100 per square foot, homeowners should plan carefully and budget wisely.
By working with trusted contractors, setting realistic expectations, and focusing on high-impact upgrades, you can enjoy a more functional, stylish home while boosting its market value in Toronto’s thriving real estate landscape.