How Much Does a Home Renovation Cost in Toronto in 2025?
How much will your home renovation cost? This is always the biggest question when it comes to renovating your Toronto home. Whether you are a dreamer, a realist, a spender, or a saver, understanding local renovation costs is crucial to help you budget effectively and achieve your vision. With Toronto’s always-changing real estate market, home renovations are increasingly popular among homeowners looking to enhance both functionality and value. Toronto’s unique housing architecture and mix of older homes mean renovations often require the expertise of seasoned professionals like Oriel Renovations, who specialize in transforming older Toronto homes into modern, beautiful spaces.
In this blog post, we’ll break down the typical costs associated with home renovations in Toronto, provide cost estimates for various renovations, and explore how working with Oriel Renovations can make your dream home a reality.
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Toronto Home Renovation Costs by Type
Here’s a breakdown of common home renovation types and their estimated costs in Toronto.
Toronto Kitchen Renovation Cost
A kitchen renovation in Toronto typically costs between $50,000 and $300,000+. This price includes cabinetry, countertops, fixtures, and new appliances. High-end renovations, with custom cabinetry and luxury appliances, can exceed $300,000. To read more about kitchen renovation costs, check out our blog post How Much Does a Kitchen Renovation Cost in Toronto in 2024?
Toronto Bathroom Renovation Cost
Bathroom renovations in Toronto range from $50,000 to $100,000+. Upgrades like custom vanities, high-end fixtures, and luxury tiles can drive the cost higher but will help elevate the space to a spa-like experience.
Whole Home Renovation Cost in Toronto
A whole-home renovation can range from $200,000 to $700,000+. This price point covers a basic whole home renovation at the lowest cost to a very comprehensive renovation at the highest cost. A comprehensive whole home renovation in Toronto would include floors, electrical, HVAC, and plumbing, and can vary based on the house’s size and design complexity.
Toronto Basement Renovation Cost
Basement renovations in Toronto typically cost $50,000 to $400,000+. This price includes insulation, flooring, lighting, and finishes to create a livable space. Underpinning, or adding features like a bathroom, kitchenette, or guest suite can push the cost upwards to the higher end of that range. To learn more about basement estimates, read our blog post How Much Does a Basement Renovation Cost in Toronto in 2025?
Toronto Home Addition Cost
Home additions in Toronto generally cost between $100,000 and $600,000+. This price covers foundation work, structural framing, and finishes. Factors like square footage and whether the addition has a bathroom or kitchen or is on a second level or the main level can impact the final cost. To read more about home addition pricing, check out our blog post How Much Does a Home Addition Cost in Toronto in 2024?
Toronto Outdoor Space Renovation Cost
Outdoor renovations, including landscaping, deck, or patio additions, range from $10,000 to $50,000+ in Toronto. Full backyard transformations with custom landscaping, a deck, and hardscaping can exceed $100,000.
Toronto Attic Renovation Cost
Attic renovations in Toronto usually range from $50,000 to $400,000+. Converting the attic into a functional living space with insulation, flooring, windows or dormers can expand your cost, depending on the quality of the material and complexity of the structure of the space.
Toronto Home Renovation Costs by Area
When planning a home renovation in Toronto, it’s essential to consider the unique style and charm of your area. Where you live has its own character, which can influence design choices and add a distinct aesthetic to your renovation. For any home renovation, the costs are driven more by the type of project rather than the specific location. Complex architecture and luxury finishes will increase the cost of any project, regardless of the area. Here’s a look at some of Toronto’s most iconic neighbourhoods where renovation prices will be determined by the size of the project and its type!
The Annex
A historic neighbourhood with grand Victorian architecture, The Annex is celebrated for its stately homes and large lots. Renovations here often combine modern amenities with traditional designs to honor the area’s history.
Etobicoke
This quieter, suburban area offers a variety of home styles and larger lots, perfect for spacious home renovations. Known for its access to the waterfront and beautiful parks, Etobicoke is ideal for those seeking suburban comfort within city limits.
High Park
Located near Toronto’s largest park, this area is prized for its nature-filled landscapes and scenic views. Renovations here aim to maximize indoor-outdoor connections to make the most of the area’s green spaces.
The Junction
This trendy, artsy spot blends a mix of older and newer homes. Known for its artistic vibe and unique shops, renovations in The Junction often embrace modern touches that complement the area’s creative spirit.
Danforth
With a lively, eclectic atmosphere, Danforth is famous for its beautiful Edwardian-style homes and vibrant cultural scene. Renovations here often modernize older structures while preserving their unique, historic charm.
Bloor West Village
Known for its family-friendly, tree-lined streets and charming small-town vibe, this area’s renovations often focus on expanding space to accommodate growing families in need of more room.
Forest Hill
Known as one of Toronto’s most affluent neighbourhoods, Forest Hill is famous for its elegant, tree-lined streets and high-end shopping areas. Renovations here typically reflect luxury and focus on high-quality materials and finishes.
The Kingsway
With classic architecture and large lots, the Kingsway is a popular area for substantial home renovations and extensions. Known for its strong community and European-inspired charm, it’s perfect for families looking to add space and elegance.
Roncesvalles
Known for its community spirit and family-focused feel, Roncesvalles is home to many charming houses and tree-lined streets. Renovations here often aim to cater to growing families while preserving the neighbourhood’s friendly ambiance.
Lawrence Park
A sought-after neighbourhood that blends modern and traditional homes, Lawrence Park is known for its family-friendly atmosphere and beautiful landscaping. Renovations here often focus on maximizing both space and style.
Summerhill
This upscale neighbourhood is known for its beautiful homes, heritage buildings, and lush greenery. Renovations in Summerhill prioritize seamless design integration and high-quality craftsmanship to match the area’s elegant character.
Riverdale
This picturesque neighbourhood is famous for its eclectic mix of homes and vibrant community feel. Renovations in Riverdale aim to blend traditional designs with contemporary living spaces, creating a unique and balanced style.
Rosedale
Known for its prestigious homes and lush green spaces, Rosedale is one of Toronto’s most exclusive neighbourhoods. Renovations here embrace luxury, with a focus on high-end finishes that suit the area’s refined character.
Leslieville
A vibrant neighbourhood with a strong sense of community, Leslieville is known for its charming Victorian and Edwardian homes and trendy shops. Renovations here often maintain the area’s historic character while adding modern touches.
Working with Oriel Renovations ensures that no matter where you live, your renovation is completed to the highest standards especially if you live in one of these neighbourhoods! We are Toronto’s foremost older home renovation experts, and many of the beautiful, old homes in these neighbourhoods require care and creativity when renovating to maintain their current character while giving you the best a home renovation can offer.
Factors That Influence the Cost of a Toronto Renovation
These factors will influence the total cost of your renovation.
- Project Size: The scale of the project directly affects costs, as larger renovations require more materials, labour, and time. From single-room remodels to whole-home overhauls, the scope can lead to a significant difference in budget needs.
- Quality of Materials: Higher-end materials, such as imported tiles or custom cabinetry, come at a premium compared to more standard options. Choosing luxury materials can elevate the final look but also significantly increase the renovation budget.
- Labour Costs: Skilled labour in Toronto is in high demand, especially for experienced tradespeople like electricians and plumbers. As labour makes up a substantial portion of renovation expenses, hiring specialized contractors for custom work can add to the overall cost.
- Complexity of Design: Intricate or customized designs, like unique layouts or built-in features, require more time and expertise, raising the cost. Custom designs often mean additional planning and specialized materials, which add complexity and expense.
- Structural Changes: Moving or removing load-bearing walls requires architectural planning, permits, and structural reinforcements. Such changes increase both material and labour costs, especially in older Toronto homes with unique architectural elements.
- Permits and Regulations: Obtaining permits in Toronto can be both time-consuming and costly, as regulations vary depending on the project’s scope. Projects requiring extensive permits and inspections tend to drive up the renovation budget.
- Electrical and Plumbing Upgrades: Updating old electrical systems or plumbing is often necessary in older Toronto homes, adding costs due to both materials and labour. These upgrades are essential for safety and code compliance but can increase the overall expense considerably.
- Finishes and Fixtures: High-end finishes like quartz countertops, hardwood flooring, and designer light fixtures can significantly raise the price. Premium fixtures and finishes enhance the home’s look and feel, but they also add to the final bill.
- Hidden Issues: During a renovation, unexpected problems like mold, water damage, or outdated wiring can surface, leading to additional expenses. Older homes, in particular, are prone to hidden issues, which may require immediate attention and adjustments to the budget.
- Seasonal Demand: Renovation costs can fluctuate based on the time of year, with peak seasons often leading to higher labour costs. Planning a renovation in the off-season may provide cost savings, but availability of contractors may be more limited.
The Most Expensive Elements When Renovating a Toronto Home
When it comes to a home renovation, these are the most expensive elements across all rooms and renovation types. Depending on the exact scope of your project, the most expensive categories may be from this list or different.
- Structural Modifications: Moving or altering load-bearing walls is complex and often requires the expertise of an engineer or architect. This process not only adds costs due to permits and structural reinforcements but also increases labour time, as adjustments must be made with precision to ensure the home’s stability. In Toronto, where many homes are older and have unique structures, these modifications can be particularly challenging and costly.
- HVAC Systems: Upgrading an HVAC system can cost thousands, especially if ductwork needs to be modified or replaced. For homes that haven’t seen HVAC updates in decades, new systems can also necessitate electrical upgrades to support modern requirements. With Toronto’s seasonal climate, having an efficient heating and cooling system is essential, making this investment crucial but costly.
- Custom Cabinetry: Custom cabinetry is a hallmark of high-end renovations but is labour-intensive and requires skilled craftsmanship. Whether it’s for a kitchen, bathroom, or custom storage solutions, bespoke cabinetry adds personality to a space. In Toronto, where space can be limited, custom cabinetry is often used to maximize functionality, though it can be one of the most significant expenses in a renovation.
- High-End Flooring: Materials like hardwood, tile, and stone flooring are durable but can be expensive, especially when factoring in installation costs. Exotic woods, intricate tile patterns, or large stone slabs further increase the price. Proper subfloor preparation is also necessary to ensure longevity, adding another layer of cost in Toronto’s often humid climate.
- Luxury Fixtures and Appliances: High-end appliances and fixtures provide a polished, sophisticated look but come at a premium. Brands with advanced features or those that offer energy efficiency add both convenience and value, but they can push a renovation budget higher. In Toronto, where style and functionality are highly valued, premium appliances are a popular choice despite the cost.
- Landscaping and Hardscaping: Transforming an outdoor space with professional landscaping, patios, decks, or walkways requires skilled labour and quality materials. Retaining walls, water features, and built-in lighting also add to the expense. With Toronto homeowners increasingly investing in outdoor living spaces, the cost of creating these areas can be as high as an interior renovation.
- Smart Home Systems: Adding smart home technology, such as automated lighting, climate control, and security systems, is a major investment. Not only do these systems require specialized installation, but they may also necessitate upgrades to wiring and network capacity. In Toronto’s competitive real estate market, smart homes are attractive, making the investment worthwhile, though it significantly raises the renovation budget.
Why Choose Oriel Renovations for Your Home Renovation
Choosing Oriel Renovations ensures that your renovation journey is smooth, transparent, and focused on quality. Our experienced team offers a comprehensive pre-construction process, guiding you from initial planning to final touches. Known for our work on Toronto’s older homes, we specialize in blending historical charm with modern functionality while consistently providing quality craftsmanship and dependable service.
A home renovation is a valuable investment, enhancing both your property’s value and your everyday living experience. Understanding the costs involved, especially in a city as vibrant as Toronto, is essential for budgeting accurately and achieving the desired outcome. With Oriel Renovations, you’re assured of quality service, expert guidance, and a home that reflects your unique style and needs. Contact Oriel Renovations today to start transforming your Toronto home into the space of your dreams.
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