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 seven 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.

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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. CD Home Renovations Group

At CD Renovations Group, they hold a meaningful belief: home renovations encompass more than mere appearances; they can bring about real transformations in people’s lives. With an impressive track record spanning three decades in the industry, their skilled team excels in converting unremarkable spaces into functional and captivating living areas.

From complete overhauls of kitchens that inject new vitality into culinary spaces, to fully renovating basements that exude a sense of indulgence, CD Renovations Group places great importance on delivering quality craftsmanship and ensuring their clients are consistently satisfied. 

Their diverse portfolio stands as a testament to their commitment to excellence, showcasing projects that have genuinely redefined both homes and lifestyles!

Business Information:

Address: 77 Bloor St W Suite 636, Toronto, ON M5S 1M2
Phone: +16473702405

Customer Review Highlights:

“Roman has done a wonderful job in my home……each time they have done work on our home. He was always on time, professional and work hard to get the job done in a timely manner. I highly recommend him for roofing or general repair / renovations needs.”
“This is my favourite out of all in the business. The employees are very friendly, roman in particular because he was very amiable and offers me great service every time I visit”

Pros & Cons

Pros  Cons
An impressive track record spanning three decades Not enough information on the website
Full renovation of basements
Complete overhauls of kitchens
Diverse portfolio

2. All GTA Home Reno

Discover the ultimate solution for all your home repair and renovation needs through their expert handyman service at All GTA Home Reno. With a rich experience spanning over 12 successful years, they take pride in being your go-to partner in transforming your house into a haven.

Their dedicated team of professionals is well-equipped to handle a diverse range of services, including comprehensive renovations, intricate electrical solutions, efficient plumbing fixes, meticulous cleaning services, proactive maintenance, and hassle-free home moving assistance. 

Whether you’re facing a sudden emergency or planning a long-awaited upgrade, their 24/7 availability ensures that they’re here to support you around the clock!

Business Information:

Address: 2074 Queen St E, Toronto, ON M4E 1E1
Phone: +16476922428

Customer Review Highlights:

“Mike really did good work at my home i got referred from my friend it is really work very very well he renovat home very well”
“Hello Mike GTA Reno did a great job at my home He renovated my bathroom very well l likes his work Thank you so much GTA RENO”

Pros & Cons

Pros Cons
Expert handyman serviceClosed on Sunday
Over 12 successful years of experiences 
Comprehensive renovations 
Intricate electrical solutions, Efficient plumbing fixes 
Emergency services 
24/7 availability 

3. Runnymede Home Renovations

Runnymede Home Renovations is a team that knows how to make homes look and feel amazing. They’re experts at paying attention to the little things and using their skills to make everything just right. Their experienced team always finishes projects on schedule, so you can trust them to get the job done. 

From renovating basements and kitchens to giving your entire house a fresh look, Runnymede Home Renovations adds a touch of style to every project. If you’re thinking about making your home better, these are the people to contact!

Business Information:
Phone: +16479517020

Customer Review Highlights:

“I recently had my basement renovated by Runnymede home renovation service,they were very precise about their work and completed their work on time and special thanks to Ayush.”
“I recently had the pleasure of working with Ayush and I must say, his work exceeded all expectations.He delivered on time, within budget, and his friendly demeanor made the experience enjoyable. I highly recommend Ayush for any renovation work – his workmanship is top-notch!”

Pros & Cons

Pros Cons
An impressive track record spanning three decadesThe website lacks sufficient information
Full renovation of basements 
Complete overhauls of kitchens 
Diverse portfolio 

4. Assured Basements

Assured Basements

With Assured Basements, your dream basement can come true! They offer creative ideas for all types of homes, and a range of services to create the perfect finished space you’ve always wanted.

From basement renovations and remodeling to restoring old buildings, they guide you through the process, addressing concerns along the way. Experienced in both big and small projects, their team delivers top-quality and affordable results.

Assured Basements brings years of experience and attention to detail to every project. After a free on-site inspection and quote, they work efficiently and politely to ensure your satisfaction. Your dream basement is in good hands with Assured Basements!

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

5. 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

6. The Reno Pros

The Reno Pros

Looking to transform your basement? The Reno Pros are here for any job you need, whether it’s creating a versatile room or a fun play area. From bathroom makeovers to entertainment spots or simple paint updates, they’ve got you covered.

The Reno Pros can turn unused spaces into dream man-caves or entertainment rooms, adding useful features like wet bars and home theaters. They make sure everything follows safety rules and building codes, giving you a fantastic end result.

The Reno Pros go the extra mile to provide the perfect space for you. They work with you through every renovation step, making sure you’re confident in their service, and they always have your best interests in mind!

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

Mr General Contractors & Renovations can transform your basement into a cozy rental space or an extra room for guests. From minor repairs to major remodeling, they aim for customer satisfaction in every project.

Their dedicated professionals provide top-notch customer service. They’ll walk you through the plan, give an accurate estimate within your budget, and adapt quickly if changes are needed.

To ensure a legal basement, they deliver tools and materials on the first day, storing them safely. With their expert team, the whole process is smooth and hassle-free, allowing you to 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 seven 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.

Picture of Annar Bormi

Annar Bormi

Annar Bormi is an accomplished entrepreneur and writer based in Toronto, Canada. Learn More About Annar Bormi

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