How Much Does a Full Home Renovation Cost in Toronto?

Written by

tgcadmin

Published on

March 31, 2025

Intro

Renovating your home in Toronto can be one of the smartest investments you make — but it’s also one of the biggest. With rising construction costs, changing regulations, and growing demand, homeowners often ask us: “How much will this really cost me?” Here’s a transparent breakdown of what to expect for a full home renovation in 2025.

Average Full Home Renovation Cost in Toronto (2025)

A full gut renovation — including kitchen, bathrooms, flooring, electrical, plumbing, insulation, and finishes — typically falls between:

$150 – $250 per sq ft for standard upgrades
$250 – $350+ per sq ft for high-end finishes and structural changes

Example:
For a 2,000 sq ft home, that’s anywhere from $300,000 to $700,000+ depending on scope and selections.

Factors That Influence Renovation Cost

Age & Condition of the Home
Older Toronto homes often require electrical upgrades, asbestos removal, foundation repair, or knob-and-tube rewiring.
Structural Changes
Moving load-bearing walls or altering layouts adds engineering, permit, and material costs.
Custom Design & Finishes
Millwork, tile, luxury appliances, and designer lighting can quickly raise the budget.
Permit & Zoning Complexity
If variances or special reviews are needed, expect extra time and soft costs.
Access & Logistics
Tight downtown lots, laneway access, or limited parking can increase labour and delivery costs.

Cost Breakdown by Category (Approx.)

Category	% of Budget	Typical Range (2,000 sq ft reno)
Demolition	5–10%	$15,000 – $30,000
Framing + Structure	10–15%	$30,000 – $70,000
Electrical + Plumbing	15–20%	$45,000 – $100,000
Insulation + Drywall	5–10%	$20,000 – $40,000
Flooring + Finishes	15–20%	$50,000 – $100,000
Kitchen + Bathrooms	20–30%	$60,000 – $150,000
Permits + Design	5–10%	$15,000 – $30,000

Note: These are estimates and your actual cost will depend on the project scope.

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Should I Renovate All at Once or in Phases?

Doing everything at once is usually more cost-effective. Why?

You only open up walls once
Trades can work more efficiently
Permits can be bundled
You minimize disruption to your family

That said, phased renovations can work if budget is tight — we help clients prioritize what makes the most sense long-term.

How to Get an Accurate Estimate for Your Project

We recommend a two-step process:

Discovery Call + Site Visit
We'll walk through your space, goals, and budget.
Detailed Proposal + Design Package
Includes breakdowns, timelines, and options based on your style and needs.

Start with a Free Consultation

If you're planning a renovation in 2025, now’s the time to get clarity. We’ll give you real numbers based on your space — not generic ballparks.

👉 Book Your Free Consultation

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