How Much Does a Full Renovation Cost in Toronto?
Planning a full home renovation in Toronto is a big decision, and one of the first questions that come to mind is, “How much will it cost?” Understanding the typical costs can help you plan your budget and avoid surprises. In this blog, Urban Blueprint breaks down the cost factors and gives you a clear idea of what you can expect to spend on your renovation project.
What’s the Average Cost of a Full Home Renovation in Toronto?
The cost of a full renovation in Toronto typically ranges from $250 to $350 per square foot. This figure includes full gut renovations where everything is stripped down and rebuilt. If your project involves new construction or an addition to your home, the cost can rise to $350 – $600 per square foot.
To give you a clearer picture, here are some examples of common renovation projects and their typical costs:
-
Full Renovation of a 2,500 Square Foot Home:
Estimated Cost: $625,000 – $875,000 + HST -
Full Renovation of a 4,000 Square Foot Home:
Estimated Cost: $1,000,000 – $1,400,000 + HST -
Full Renovation of a 3,000 Square Foot Home, Including Underpinning:
Estimated Cost: $850,000 – $1,150,000 + HST -
Full Renovation of a 2,000 Square Foot Home, Including Underpinning and a 450 Square Foot Rear Addition:
Estimated Cost: $737,500 – $1,050,000 + HST - Full Renovation of a 1,200 Square Foot Condo:
Estimated Cost: $300,000 – $420,000 + HST
While these examples provide a good baseline for full renovation costs, interior remodeling projects might fall into a different price range based on the scope and scale. To learn more about interior remodeling options, visit our Remodeling Service Page.
Factors That Influence Renovation Costs
Several factors can affect the total cost of your renovation project with Urban Blueprint, including:
-
Scope of Work:
Larger renovations with structural changes or additions will naturally cost more. Smaller projects or single-room renovations tend to be less expensive. -
Material Quality:
High-end finishes, custom cabinetry, and imported materials can significantly increase costs. Opting for mid-range materials can help you stay within budget while still achieving great results. -
Customization Level:
Fully customized designs or layouts often involve more labor and specialized skills, which can drive up the price. -
Market Conditions:
Labor and material costs can fluctuate based on demand and supply conditions in Toronto’s renovation market.
What to Expect From a Full Renovation by Urban Blueprint
A full renovation often includes gutting the home and starting fresh with new layouts, plumbing, electrical work, finishes, and more. With Urban Blueprint, it’s the ideal option if you want to completely transform your space, modernize your home, or increase its value.
Cost Comparisons Between Project Types
Renovation costs can vary depending on whether you’re tackling the entire home or specific areas:
-
Complete Renovation of a Home: Typically the most expensive, as it involves extensive work, customization, and possibly underpinning.
-
Smaller Renovations or Additions: If your project is more focused (like a first floor and bathrooms or complete basement), you will see lower costs.
Why Choose Urban Blueprint for Your Toronto Home Renovation?
Renovating your home can increase its value, make it more energy-efficient, and improve your quality of life. Whether you’re upgrading for personal use or preparing to sell, investing in a full renovation will help you achieve your long-term goals.
Ready to Get Started?
If you’re considering a full home renovation in Toronto, Urban Blueprint is here to help. Our team of experienced professionals has successfully completed projects across the city, helping homeowners bring their vision to life. Contact us today for a personalized estimate tailored to your renovation goals and budget.
FAQ
What are typical costs associated with a full home renovation in Toronto?
Full renovations typically range between $250 to $350 per square foot, depending on the scope of the project, materials, and labor involved.
How do different renovation scales (minor updates vs. major overhauls) vary in cost?
Minor renovations, like room updates, are less costly compared to full gut renovations. Full renovations involve extensive work and therefore are priced higher.
How can homeowners manage renovation costs?
Homeowners can manage renovation costs by clearly defining the scope of the project, selecting mid-range materials, and working with a reliable contractor who can offer accurate estimates and budget management tips.
Final thoughts
If you’re looking to remodel your home, remember that understanding costs upfront is crucial. Contact us today to discuss your project and how we can help bring your vision to life.
