The 7 Best Basement Renovation Companies in Toronto [2023]

Basement renovations are a great way to add value to your home, and if you’re in the Toronto area, you’re in luck – there are a number of great companies specializing in this type of renovation. In this post, we’ll take a look at six of the best basement renovation companies in Toronto. 

We’ll review what each company offers, and give you our top pick for the best basement renovator in Toronto. So if you’re thinking about giving your basement a makeover, read on!


How Much Does a Basement Renovation Cost in Toronto?

Before we dive into the individual companies, it’s worth mentioning that basement renovations in Toronto can vary greatly in price. This is largely due to the fact that each basement is different, and will require its own unique set of renovations.
The average cost of renovating a basement is $60-$90 per square foot. This means that if you have a 1000 sq ft space, it would range between $60,000- $90,000 for your renovation.
Here are some costs associated with basement renovations:
Framing $15 – $30 per linear foot
Plumbing $1,500 – $15,000+ depending on the number of fixtures.
Drywall Installation $1.50 per square foot
Painting $3 – $7 per square foot
Flooring $5 -$20 per square foot
Electrical $50 – $100 per hour
It’s best to shop around and get quotes from a few different companies to get a sense of what the average price is in Toronto.

The Best Basement Renovation Companies in Toronto

Now that you have a general idea of the cost, let’s take a look at some of the best basement renovation companies in Toronto.

1. CSG Renovation Toronto

CSG Renovation Toronto

CSG Renovation is the go-to renovation company for customers who want quality service and 100% satisfaction. They have the skills to complete all your commercial, condo and legal basement work in Toronto! 

They have been providing their services to satisfied customers all over GTA for many years, which makes them the highest-rated renovation company you can trust.

CSG Renovation offers a wide range of basement finishing services, including design ideas as well custom solutions that will meet all needs – they just need some information from you before deciding on what’s best.

CSG Renovation knows how to transform a huge and uncomfortable basement space into an active living room where people can spend time with their family, friends or co-workers. With a team of experienced designers and builders, you can be sure that they will take your needs into consideration. 

They’ll work with the configuration of any basement to make it perfect for whatever activities are desired in its space to make your ideas come true!

Business Information:

Telephone: +16474280007
Address: 140 Erskine Ave #2116, Toronto, ON M4P 1Z2, Canada

Customer Review Highlights:

“ CSG Renovation has been recommended to me many times by a friend of mine who has had positive experiences from working with this company. I needed a quick renovation of my basement at a reasonable price. And by turning to CSG Renovation I got what I wanted: speed, quality, and not a broken wallet. Even at the stage of the design project, we talked about all the nuances, budget, and time. And they got it right on all counts! That said, the basement looks amazing! Great communication throughout. To say I am thrilled is nothing to say. I couldn't have wished for more. Five stars. “

Pros & Cons

Pros  Cons
Wide range of basement renovation services Reduced hours on weekends
Open everyday

2. Assured Basements

Assured Basements

With Assured Basements, you can transform your basement into whatever dream or desire! They offer creative ideas for every type of personality and home and a variety of services for the finished space that you always wanted. 

From basement renovations and remodelling, all way up to restoration work on old homes or buildings in need! They will help throughout the process and let you know about every completed task so that any concerns can quickly get addressed before things move forward. 

When you are looking for a contractor, it is important to find someone who can balance your needs with their budget. They have had extensive experience in both renovation projects and remodelling ones so rest assured that no matter what type of work they need to be done around here – whether big or small – their team will deliver excellent and affordable results! 

Assured Basements will provide you with the same high level of service, exquisite craftsmanship and attention to detail that only comes from being an experienced basement renovation contractor. 

After their team is done with an on-site inspection, they will provide you with a free quote before drawing up a contract. They are fast, always on-site when they say that the work will be done. 

They finish everything in a timely manner and every worker is polite enough to make sure you are satisfied with their service before leaving!

Business Information:

Telephone: +18665808484
Address: 1111 Finch Ave W Unit 3, North York, ON M3J 2E5, Canada

Customer Review Highlights:

“ This company was very well organized, hard working and ensured, bonded and had licensed trades people in the respective fields. They got the job done to our satisfaction. I would highly recommend this company for basement renovations as they are very professional, take pride and are willing to go above and beyond for their customers. I can attest to that in our case, The plumber Mike was especially considerate and very professional, as well as the Bashir that worked on the flooring. The tilers did an amazing job in renovating the bathroom tiles with a custom niche. I also love the stair finishing that Assured Basements did. “

Pros & Cons

Pros  Cons
Budget friendly Closed on Sundays
Quick turnaround time

3. Capable Group

Capable Group is a leading home renovation company in the greater Toronto area. They offer superior services including basement renovations as well as complete or partial home remodels in Toronto and the surrounding areas. 

At Capable Group, they strive to provide a hassle-free basement remodeling experience. Their pricing is very transparent. Usually, a complete basement renovation could cost $35-$40 per square foot. The pricing includes a thorough examination of the structural underpinning of faults, a 3D rendering of your finished basement, all labor and material and full clean-up upon completion. This ensures that you’re getting an accurate estimate for your project as well as complete peace of mind knowing that everything will be completed according to plan. 

Their passion for perfection is only surpassed by our professionalism, which ensures that each and every client is 100% satisfied with their basement renovation experience. Whether you’re looking for an affordable solution or someone who is committed to providing superior service, Capable Group is sure to be able to meet your needs!

Business Information:

Address: 830 Rowntree Dairy Rd Unit 23, Woodbridge, ON L4L 5V3
Phone: +19058890025

Customer Review Highlights:

“Capable Group is a top-notch organization that renovates basements. In my basement, they did a wonderful job. The crew was kind and professional, and they worked hard to do the task as soon as possible. The outcomes were excellent, and I would without a doubt suggest this business to anyone searching for high-caliber basement restoration work.”
“Capable Group renovated my basement, and I'm pleased with the results. They were able to make my gloomy, dark basement into a light, welcoming area. Both the project's timeline and budget were met. I heartily endorse Capable Group!”

Pros & Cons

Pros  Cons
Always work within clients’ budget Deposit required when filing warranty claims
High-quality products used
Always prompt and punctual
Transparent pricing
Free 3D rendering

4. Reno Duck

Reno Duck

Homeowners in the Greater Toronto Area have a new option for enhancing their home’s value, and that is Reno Duck. They offer basement renovations to give homes more curb appeal by making them look like they’re worth far beyond what you’ll pay! 

They are experts at creating beautiful, high-quality spaces that you’ll be proud to show off. They’ll handle everything from framing to finishing touches, so you don’t have any worries about basement care.

Their company have helped many clients turn their basements into vibrant living spaces, handy second kitchens and game rooms. Reno Duck offers the most competitive rates, no hidden fees and incredibly easy-to-use technology that provides you with accurate estimates for your project in minutes.

You’ll be glad to know they offer 2 years’ warranty on all their equipment too. They are professionals who always work on time and under budget. And even if your building has some strict rules about contractors – RenoDuck is able to work around with the management company for you and really come through when it matters most!

Business Information:

Telephone: +16472452405
Address: 98 Flamborough Dr Unit 2, North York, ON M6M 2R7, Canada

Customer Review Highlights:

“ I needed a full renovation of the basement in the tiny house I recently bought in North York. My friend owns a shop and I asked if I can provide my own finishing materials, they kindly agreed to it, as well as helped me choose the right ones 🙂 It was such a pleasure working with you, feels like I also had a hand in the renovation “

Pros & Cons

Pros  Cons
Known for their quality worksmanship Closed on weekends
Offers a 2 year warranty

5. Alfa Design

Alfa Design

Alfa Design in GTA Toronto has been helping homeowners add thousands of dollars to their overall values through home renovations and basement renovations since 2013. They are a full-service renovation company that specializes in remodelling kitchens, bathrooms and basements. 

Their professional team has years of experience working on your most common areas so you can get the job done right without any hassle or stress. Unlike other companies, they employ only the most skilled and experienced remodelling experts. 

They also use state-of-art 3D modelling software to help us design your home renovation or basement transformation project with precision. The possibilities for your new basement are endless, as long you decide what it’s going to be used for. 

Whether creating a highly visual room or bar area with all the amenities including Alfa Design can help make sure that any space meets both functional needs and aesthetic preferences. They’ll work closely together on designing an environment where people would love living and want to help you with your home renovation needs.

Business Information:

Telephone: +14168936663
Address: 1675 Yonge St, Toronto, ON M4T 2C1, Canada

Customer Review Highlights:

“ Ali and Mehdi were really easy to work with. They finished our basement reno project on time and as promised. They simply listen to what you ask for and make sure you are satisfied with the final result. “

Pros & Cons

Pros  Cons
9+ years of experience Closed on Sundays
Uses state-of-art 3D modelling software

6. The Reno Pros

The Reno Pros

Whether you’re looking to transform your basement into a room that can serve many purposes or make a playroom out of it, The Reno Pros have the skills and expertise for any job. From bathroom remodels, entertainment areas or simple renovations like paint jobs- they’ve got it all! 

The Reno Pros can turn an unused space into the man-cave or entertainment room of dreams, while also providing functional storage with additional amenities such as wet bars and home cinemas. The Reno Pros team will make sure everything is in compliance with all building codes and proper construction methods for safety purposes, so they can deliver an excellent finished product! 

They know that when you’re looking to renovate your basement, the last thing on anyone’s mind is budget. That’s why after allocating time for research and planning they’ll walk through what can be done within any price range so there are no surprises later down the road! 

Their team go above and beyond to give you the space that is just right for your needs. They work with their clients throughout every step of renovation so they can be confident in their decision from start to finish, knowing The Reno Pros have what’s the best interest at heart!

Business Information:

Telephone: +14165616144
Address: 2 St Clair Ave W 18th Floor, Toronto, ON M4V 1L5, Canada

Customer Review Highlights:

“ Professional contractor. Their team is skilled and very easy to communicate with, the coordinator was highly responsive and followed up with us on every step of the project. Overall, we are satisfied “

Pros & Cons

Pros  Cons
No hidden costs Closed on weekends
Experienced team

7. Mr General Contractors & Renovations

Mr General Contractors & Renovations

As your home’s main living area, the basement is often overlooked and underutilized. But at Mister Contractor, they have a team that can transform any unfinished space into another cosy rental property or extra room for friends to stay in while they visit! 

They offer their clients a wide range of services from minor repairs and renovations, to major home remodelling projects – their goal is always customer satisfaction with every project they undertake! With a team of dedicated professionals, Mister Contractor provides the best customer service to ensure you have an exceptional experience. 

They will connect you with one of their team members who can walk through the numbers and give an execution plan. They will also give you a precise estimate within your budget and timeframe so you can rest assured that they’re in touch with reality, so if there are any changes needed to make things happen as planned – they’ll be done quickly!

They want to make sure that you have a legal basement, so they will deliver all tools and materials on-site during the first day of your project. Their professionals store these items in an insured safe place until they are needed for use.

The entire process from start to finish is a smooth and easy one because they have an excellent team of professionals who take care of all the dirty work for you so that you could focus on other tasks!

Business Information:

Telephone: +16472518320
Address: 11 Brunel Ct Unit 4709, Toronto, ON M5V 3Y3, Canada

Customer Review Highlights:

“ Its CLEAR this contractor isn't like the others! The quality and attention to detail in his craft shows! Grade A Service with outstanding workmanship! These guys should be the first and only contractor you should call! “

Pros & Cons

Pros  Cons
Wide range of services from minor repairs and renovations Some complaints about customer service
Precise estimate of budget and timeframe

FAQs about Basement Renovations

In most cases, you will need a permit for a basement renovation in Toronto. This is because the work that is done in your basement likely falls into the category of “major renovations.”
Renovating a basement is a great way to add value to your home as well as extra living space. There are many benefits of renovating a basement, such as increasing the home’s value, creating new living space, and adding storage space. Basement renovations can also be a great way to improve the energy efficiency of your home.
The time it takes to renovate a basement can vary depending on the size of the space, the extent of the work required, and your level of DIY experience. However, on average, you can expect to spend anywhere from two to six weeks completing a basement renovation project.
There are many other services that a basement renovation can provide. Some of the common services are; installing a new furnace, upgrading the electrical system, or adding a bathroom can all make your basement more functional. A good contractor will be able to discuss your needs and help you decide which renovations are best for you.


If you are looking to renovate your basement, any of the six projects mentioned above would be a great choice. Not only will they improve the look and functionality of your basement, but they will also add value to your home. So if you’re ready to start your basement renovation project, be sure to consider one of these six options!

If you are looking for safe and easy-access self storage options for your belongings while renovating your basement, check out our list of the best self-storage units in Toronto.

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