Basement Renovations in Newmarket
Luxury basement finishing for Newmarket homes. Free 3D design, an itemized price that locks before you sign, a lifetime workmanship warranty and a written finish date that pays you $200 for every late day.
Get a Free EstimateSee our projectsBasement renovation in Newmarket, street by street
Newmarket mixes mature neighbourhoods around historic Main Street with newer communities like Woodland Hill and Summerhill. Older basements often need moisture and egress work designed in first, while newer builds finish quickly into theatres, gyms and suites.
With York Region rents climbing, a legal Newmarket basement suite is a serious income play. Whatever you start with, you end with finished square footage your family uses every week, and a number your Newmarket house carries at resale.
What we build in Newmarket basements
Basement finishing
Theatres, bars, gyms and family spaces. Wood studs with metal tracks and moisture-resistant drywall as standard, finished to match the rest of your home.
EXPLORE BASEMENT FINISHING →
Home renovations
Kitchens, bathrooms and whole-home updates for Newmarket families, built with the same crew and warranty as our basements.
EXPLORE HOME RENOVATIONS →
Structural & legal suites
Underpinning for ceiling height, waterproofing, and permitted separate entrances for legal Newmarket second suites.
EXPLORE STRUCTURAL WORK →Basement renovation permits in Newmarket, handled for you
Newmarket requires a building permit before a basement is finished or converted into an additional residential unit, with staged inspections through construction. Under Ontario's updated housing rules, additional units are permitted on most urban residential lots subject to the town's zoning, and suites must meet Building Code and Fire Code requirements. Our licensed structural engineer prepares and stamps the permit drawings, and we file the permit and manage every inspection to final sign-off.
Drawings & zoning
Stamped by a licensed structural engineer for your Newmarket address
Permit filed by us
We file it and track it. You never stand in line.
Staged inspections
Framing, insulation, ESA electrical, plumbing
Final sign-off
Closed permit, documented for resale
A free 3D design of your finished basement
Walk your basement room by room in 3D. Move a wall, swap a finish, then approve every detail before a stud goes up.
"Kam delivered the project on time and on budget. It's now been three years since our basement was completed, and it still looks incredible. We continue to receive so many compliments on the space."
MS FAIRBAIRN · GTA HOMEOWNER · ✓ GOOGLE REVIEWBuilt on trust, backed in writing
Basement renovations across the GTA since 2017, the owner on every site.
Lifetime workmanship warranty on every wall, floor and fixture we install, in writing.
Your quote includes a written timeline. If we miss it, we pay you $200 for every late day.
Every basement is priced from the same quote sheet, line by line. Permit drawings, 3D design and the lifetime workmanship warranty are included.
A 998 sq ft family basement on McTavish Drive
- Completed 2026
- 998 sq ft
- About 9 weeks
- $80,000 to $90,000
A bedroom with a closet, a home office, and a dry bar behind a half wall with a quartz counter and bar sink. A 60-inch Napoleon linear fireplace anchors the lounge, 41 pot lights and staircase puck lights handle the evenings, and the whole floor sits on an insulated DRICORE R+ subfloor. Nine doors, finished in about nine weeks.



What a basement in Newmarket costs, by scope
The same quote sheet we use everywhere in the GTA, line by line. Permit drawings, 3D design and the lifetime workmanship warranty are included.
| Scope | Price before HST |
|---|---|
| 600 sq ft with a three-piece bathroom | $56,000 |
| 800 sq ft with a three-piece bathroom | $62,000 |
| 1,000 sq ft with a three-piece bathroom | $67,800 |
| 1,200 sq ft with a three-piece bathroom and two bedrooms | $75,200 |
| 1,500 sq ft with a three-piece bathroom and two bedrooms | $83,700 |
| The family basement: media wall, full bathroom, laundry, around 1,000 sq ft | $60,000 to $85,000 |
| The entertainment build: theatre or media room, bar, gym, spa bathroom, 1,000 to 1,300 sq ft | $95,000 to $130,000 |
| Three-piece bathroom, added to a basement without one | $11,700 |
| Custom wet bar | +$15,000 |
| Home theatre setup | +$20,000 |
| Walkout entrance, permits included | $15,000 to $25,000 |
| Full-perimeter underpinning for low ceilings | $60,000 to $120,000 |
| Legal basement apartment, purpose-built | $75,000 to $110,000 or more |
Every 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. Use the calculator to price yours. Cost guides: bathroom, walkout and underpinning.
Answers for Newmarket homeowners
Do I need a building permit to finish my basement in Newmarket?
Yes. Finishing a basement in Newmarket requires a building permit, with staged inspections for structural, framing, insulation, electrical and plumbing work. Desire Basements has the drawings prepared and stamped by a licensed structural engineer, files the application, and manages every inspection through final sign-off.
Can I add a legal basement apartment in Newmarket?
Yes. Under Ontario's updated housing rules, most urban residential lots in Newmarket can now have additional residential units, including a basement suite, subject to local zoning. Suites must meet Building Code and Fire Code requirements for ceiling height, fire separation, egress and alarms. We design and build to full code and handle the approvals end to end.
How much does a basement renovation cost in Newmarket?
Every 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. Use the calculator to price yours. Every Desire quote is itemized line by line and locked before you sign, and includes a free 3D design of your finished basement.
Ready for your Newmarket basement renovation?
Book a free in-home consultation. We'll measure your space, talk through your vision, and bring a 3D design with your itemized basement renovation quote.
Get a Free EstimateA real basement we finished in Newmarket
Tap to watch the walkthrough, filmed on site, no staging. 26,000+ views on YouTube.

