Level Up Group

Basement Finishing & Refinishing

Basement finishing is a major renovation project that calls for major accountability. That’s why at Level Up Group, every build comes with a fixed-price contract, licensed in-house crews, and a quick turnaround from permit to completion.

Know Your Basement Finishing Cost Upfront

Our team at Level Up Group treats basement finishing estimates very seriously. We carefully go over the planned renovation steps and new space design, and our project manager takes into account the space, its current condition, and accurate measurements. We factor in labor, materials, and time so you get an accurate quote — one you can count on from the beginning.

The Level Up Group Standard

As a basement finishing contractor, we know this is a big project and we believe it should go without stress and be a great experience. Every job comes with a team of certified, trained professionals, efficient project management from start to finish, and years of experience on complex construction projects. We also handle the architectural blueprints and permits for you, and every build is covered by our materials and labour warranty.

If you’re planning your basement finishing project, contact us for a free detailed quote. We’ll do our best to complete your renovation within the specified time frame, so you can enjoy your new space as soon as possible.

What’s the Average Cost to Refinish a Basement in the GTA?

Most finished basements in the Greater Toronto Area or Calgary Metropolitan Region run $30,000 to $90,000, depending on scope and finishes.

Tier	Cost per sq ft	Typical total (900–1,000 sq ft)	What’s included
Basic finish	$35–$55	$30,000–$50,000	Framing, insulation, drywall, standard flooring, basic electrical & lighting, paint
Mid-range	$55–$80	$50,000–$75,000	Everything in basic, plus a 3-piece bathroom, upgraded flooring (LVP or engineered hardwood), improved lighting design, defined rooms
Legal secondary suite / high-end	$90–$140+	$75,000–$130,000+	Separate entrance, kitchen, fire separation, dedicated HVAC zone, full permit package — required for rental suites

Disclaimer: Pricing reflects 2026 Greater Toronto Area market averages compiled from multiple industry sources and is provided for general guidance only. Actual cost to finish each basement varies by project scope, materials, site conditions, and permit requirements.

How Long Does It Take to Finish My Basement?

Phase 1: Planning & Permits

We handle architectural floorplans, 3D digital layouts, and turn-key municipal permit submission, so everything is approved and ready before construction begins.

Phase 2: Structural Build

Our crew handles structural framing, licensed sub-floor plumbing tie-ins, electrical routing, and insulation inspection, laying the groundwork for everything that follows.

Phase 3: Finishing Touches

We close out with premium drywall hanging, flooring installation, trim work, and a collaborative final quality walkthrough with you.

See why Canada trusts us

Basement Finishing in Southern Calgary

Basement Finishing Toronto

We worked with Michael and the Level Up Group team on a full basement restoration after a flood, and the experience was excellent from start to finish. …

Rajiv Patel

We cannot say enough positive things about Level Up Group Consulting Inc. Working with Michael Nash (Owner) was an absolute pleasure from start to finish. Michael is incredibly ....

Daniel Moretta

We had a positive experience level up group. I was originally referred to Michael because I needed a full basement build within a tight timeline. They were able to provide a schedule,...

Mish Year

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Basement Finishing FAQs

Why does the cost of finishing a basement vary so much in Ontario and Alberta?

The variance comes down to your structural goals. Simple open-concept family rooms use standard materials and cost less, whereas adding structural walkouts, sub-floor plumbing for luxury bathrooms, or custom soundproofing for home theaters increases labor and specialized engineering.

When is the best time of year to schedule a basement renovation?

Because all work happens entirely indoors, we build all year round without weather delays. Pro Tip: Homeowners who book their projects a few months in advance or align their build schedules with a family vacation often secure the best project timeline availability.

Does Level Up Group handle the architectural permit approvals?

Yes. Creating a legal suite or adding structural plumbing requires strict adherence to local building codes. We handle the entire engineering, drafting, and city hall submission process for you so you don’t have to deal with municipal bureaucracy.