Built From 400+ Real GTA Contracts

What will your basement cost?

Real numbers from completed Desire Basements projects across the GTA, priced live as you build your space. No email required.

$103,000 median project  ·  $100/sq ft typical  ·  5.0★ 82 Google reviews
01 — Your Space
1,000 sq ft
02 — Finish Level

Essential

$55 /sq ft

Clean, warm, complete. Permits, framing, pot lights, LVP flooring.

Signature

$70 /sq ft

Feature walls, designed bulkheads, upgraded millwork and lighting.

Luxury

$90 /sq ft

Custom everything. Stone, integrated LED coves, hotel-grade detail.

03 — Add The Wow
Custom Wet BarMillwork, sink, fridge rough-in, stone top
+$15,000
Home TheatreAcoustic treatment, riser, wiring, star ceiling ready
+$20,000
Walkout EntranceExcavation, stairs, door — permits included
+$15–25,000
04 — Income Mode
Legal Basement ApartmentKitchen, bathroom, fire separation, separate entrance
Your Estimate
Estimated investment
$70,000
Typical range $63,000 – $77,000
The rental math

GTA legal suites rent for $1,700–$2,400/mo in 2026 → gross payback in roughly 4–6 years. Underpinning for low ceilings ($350–600/linear ft) is quoted separately.

Every real quote is fixed and itemized before you sign — this estimate uses the same per-square-foot data as our 2026 Cost Report. Monthly payments available via financing.
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What neighbours actually paid

Median completed-project values from Desire Basements contracts. Half of recent projects fell between $75,000 and $150,000.

GTA Median
$103K
2024–2026 projects
Aurora
$112K
highest-median city
Per Sq Ft
$100
typical, all-in
Since 2019
2.6×
median cost growth

Calculator questions

How accurate is this calculator?

It uses the same per-square-foot tiers and adder values as our published 2026 Cost Report, which is built from real completed contract values. Your fixed quote comes after an in-home visit and a free 3D design, and it is itemized and locked before you sign.

What does the per-square-foot price include?

Permits and inspections, metal-stud framing, moisture-resistant drywall, insulation, electrical, HVAC, flooring, painting and full detailing. It is an all-in build number, not a starting-from teaser.

Why is the legal apartment shown as a range?

Suites are scoped differently: entrance excavation, fire separation and kitchen specs move the number. Purpose-built legal suites typically land between $75,000 and $110,000+, with underpinning extra where ceilings are under 6'11".

How long will my project take?

Typical construction runs about eight weeks from start to final walkthrough, and most projects finish within 4 to 11 weeks. The written timeline in your quote is backed by our $200/day on-time guarantee.

Price to finish a basement, in writing

The calculator above multiplies your square footage by one of three published rates and adds the features you pick. The table below is the same arithmetic written out, so you can check a quote against it without moving a slider.

Basement sizeEssential, $55 per sq ftSignature, $70 per sq ftLuxury, $90 per sq ft
800 sq ft$44,000$56,000$72,000
1,000 sq ft$55,000$70,000$90,000
1,200 sq ft$66,000$84,000$108,000
1,500 sq ft$82,500$105,000$135,000
Add-onTypical cost
Three-piece bathroom with tiled shower$18,000 to $28,000
Custom wet bar+$15,000
Home theatre+$20,000
Walkout entrance, permits included$15,000 to $25,000
Full-perimeter underpinning$60,000 to $120,000

Median completed Desire project: about $103,000. Most GTA projects land between $60,000 and $150,000. See the full Toronto and GTA basement cost guide and the basement renovation service page.