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Today · answered personally by Kam Oveisy, Owner and Principal Designer

How much does a basement renovation cost in the GTA?

GTA homeowner
Kam Oveisy, owner of Desire Basements
PricingEvery basement is priced from the same quote sheet, line by line: a 1,000 sq ft basement with a three-piece bathroom comes to about $67,800 before HST, and the price per square foot falls as the basement grows because the permit, bin, breakers, stairs and bathroom cost the same at any size. During your in-home consultation we review every detail (finishes, plumbing, electrical, bathrooms, kitchens, millwork and structural work), and you have the itemized quote within 24 to 48 hours. Full breakdown in our GTA cost guide.
$67,8001,000 sq ft with bath400+built since 20175.0101 Google reviews
2026 GTA Basement Cost ReportFree · full breakdown, no email→

Why is your quote different from other companies?

GTA homeowner
Kam Oveisy, owner of Desire Basements
PricingQuotes vary because companies include different scopes: permits, design, plumbing fixtures, warranty, labour quality, and mainly finishes and materials. A low price frequently means those items come back later as "extras." Put every quote side by side at the same scope so you're comparing apples to apples. Our contractor questions guide shows you how.Price your basement in 60 secondsFree calculator · built from real projects→Basement soundproofingThe scope item most quotes leave out, priced→

Is a finished basement worth it for resale value?

GTA homeowner
Kam Oveisy, owner of Desire Basements
PricingYes. In a market like Toronto, usable square footage is one of the most valuable features you can add, and a legal basement apartment earns on top of that through rental income. We will not put a return percentage on it, because nobody can promise one. The quality of the final product determines the true value of the investment.
$1,700+monthly if legal suite400+basements since 2017

How long does a basement renovation take?

GTA homeowner
Kam Oveisy, owner of Desire Basements
TimelineOnce permits are approved, about two months for a typical basement, about two and a half with custom cabinetry, about three for a legal suite, with a written completion date on every contract backed by our $200 a day on-time guarantee.Basement renovation timelineEvery stage of the build, week by week→

What does the timeline look like, stage by stage?

GTA homeowner
Kam Oveisy, owner of Desire Basements
TimelineDemolition: disposal, moisture or structural fixes. Framing and rough-ins: wood studs with metal tracks, then plumbing, electrical and HVAC. Inspections, insulation and drywall. Taping and sanding. Tiling. Flooring, trim and doors. Painting. Fixtures, finishes, final inspection and your walkthrough. A typical basement runs about two months end to end, and you watch every step live in DesirePro, our client app.
The stages of a typical build, about two months
01Demo02Framing03Rough-in04Insul.05Drywall06Paint07Millwork08Floors + finish

Can you finish a basement in winter?

GTA homeowner
Kam Oveisy, owner of Desire Basements
TimelineYes. Basement renovations run year-round in the GTA, including through winter. The work happens indoors below grade, so snow and cold rarely affect the schedule. Winter is often a quieter season for contractors, which can mean faster scheduling for you.

Do I need a permit for a basement renovation in Ontario?

GTA homeowner
Kam Oveisy, owner of Desire Basements
PermitsYes. You need a building permit whenever a basement is finished for personal use or as a secondary unit. Both require the minimum building inspections: structural, framing, insulation, plumbing and HVAC. A secondary unit has additional requirements based on your scope. Permit drawings are prepared and stamped by a licensed structural engineer, and we handle the filing and every inspection. See the full permit guide, or your city's own rules on our location pages.
✓We pull the permit for youEngineer-stamped drawings, application and inspections, handled end to end and included in the quote.
Basement permits across the GTAFees, drawings and approval times by city→

Do you subcontract your work or use in-house crews?

GTA homeowner
Kam Oveisy, owner of Desire Basements
Build qualityThe finish quality we're known for is only possible because of our trades, and most of our trades have worked with Kam for years. Ask our clients: on days when several specialists show up together, it feels more like a family gathering than a construction site. That consistency is what keeps quality and timelines reliable.
Our in-house millwork: walnut wine cellar, Kleinburg

What's the best flooring for a finished basement?

GTA homeowner
Kam Oveisy, owner of Desire Basements
Build qualityLuxury vinyl plank (LVP). It's waterproof, warm underfoot and durable, and it handles a below-grade space's moisture and temperature swings far better than hardwood or solid laminate. The golden rule: minimum 7mm thickness and above. Why we use it on almost every project: the full LVP breakdown.
LVP in a finished basement: warm, waterproof, done

What does your warranty cover?

GTA homeowner
Kam Oveisy, owner of Desire Basements
WarrantyWe offer a lifetime workmanship warranty covering the quality of the work and installation, in writing, in the contract. Buyers value a finished basement that comes with documented, guaranteed work.
∞Lifetime workmanship warrantyIn writing, in the contract.
Our lifetime workmanship warrantyWhat it covers, in plain terms→
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Built on trust, backed in writing

Since 2017
BUILDING IN THE GTA
Basement renovations across the Greater Toronto Area since 2017, the owner on every site.
Lifetime
WARRANTY COVERAGE
Lifetime workmanship warranty on every wall, floor and fixture we install, in writing.
$200/day
ON-TIME GUARANTEE
Every contract carries a written completion date. If we miss it, we pay you $200 for every late day.

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