* Please note, legal basement apartments have additional costs on top of the regular basement finishing calculation provided here.
For our potential customer’s convenience, Level Up Group created online BASEMENT COST CALCULATOR. This calculator helps you to define the approximate price for basement finishing, renovation, or remodeling. We have tried to incorporate most of the main basement reno requirements, so when using it, just choose your square footage and check the elements you are planning to have in your future basement.
>> After filling out the form, click “Get a Quote” and the quote will arrive to your inbox in a few moments.
Typically, nowadays basement renovation (or finishing) cost in the Greater Toronto Area or Calgary Metropolitan Region ranges between $45 to $55 per square foot.
In the event of obtaining cheaper quote, you should ask yourself a question – would this job be done in a proper way? Factors that can “reduce” the price below $45/sf are low-cost materials, cheap labor (experienced trade people won’t work for low rate), lack of insurance or simply “underwater stones” you will step on later, and additional cost would be involved.
What questions should you ask your basement contractor when getting a renovation quote?
Need more funds for your basement project? Feel free to apply for a special renovation loan by Financeit and start investing in your property!
Need a rough estimate for a whole house reno? Check out our new Full House Calculator!
