Quick Answer

Basement Finishing Cost in Barrie (2026)

Average cost in Barrie

$55,782avg

$21,000 — $125,000

$45 — $110 per sq ft

+5.6% YoY
9 sources
Updated 3 days ago
Ontario

Cost Breakdown

Itemized
Labor

Skilled trades and general labor

$9,450 — $56,250

45%

Materials

Drywall, flooring, framing, and finishes

$7,350 — $43,750

35%

Mechanical

Plumbing, Electrical, and HVAC upgrades

$2,520 — $15,000

12%

Permits & Design

City fees and architectural drawings

$630 — $3,750

3%

Contingency

Buffer for unexpected site conditions

$1,050 — $6,250

5%

🧾HST (13%) — Ontario
Base cost + $7,252 tax$63,034

HST at 13%

📋What's Included

Scope

Typically Includes

  • Framing & drywall
  • Basic flooring (LVP or carpet)
  • Electrical (outlets & lighting)
  • Egress window (if required)
  • Painting
  • Basic bathroom rough-in

Typically Excludes

  • Full basement bathroom
  • Built-in bar or kitchen
  • Home theater wiring
  • Waterproofing (separate cost)
  • Permits & inspections

Assumes an unfinished basement with existing concrete floor and basic utilities.

🧮Estimate Your Cost

Interactive

Estimated Cost

$34,500

$27,600 — $41,400

Based on 9 sources and market data for Barrie. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

$52,824

Today

$55,782

Basement Finishing in Barrie is 5.6% compared to roughly a year ago — about $2,958 more on the average project.

Comparison derived from the year-over-year change rate, not a month-by-month price index. We don't store historical snapshots yet — when we do, this will become a real time series.

🏢Top Basement Finish Contractors in Barrie

Verified providers
🔨

Rick Savo Custom Renovations Ltd.

38 Lillian Crescent, Barrie, ON L4N 4P6, Canada

5.0
★★★★★

37 reviews

🔨

Sch Home Improvements

520 Grove St E, Barrie, ON L4M 5Z2, Canada

5.0
★★★★★

27 reviews

🔨

McCue Renovations

84 Wellington St W, Barrie, ON L4N 1K7, Canada

4.9
★★★★½

42 reviews

🔨

Bay Point Contracting

501 Welham Rd Unit 11, Barrie, ON L4N 8Z6, Canada

4.9
★★★★½

35 reviews

🔨

JC Unlimited Contracting Inc

660 Bayview Dr #12, Barrie, ON L4N 9P5, Canada

4.7
★★★★½

67 reviews

Provider data sourced from public business directories. Ratings and reviews are public and may change. LookupCost is not affiliated with listed providers.

💬What People Actually Paid

Community

Common Questions

Yes, the City of Barrie is offering a 50% reduction on building permit application fees for Additional Residential Units (ARUs) in 2026, with a full rebate available if the unit achieves occupancy within 12 months.

Adding a standard 3-piece bathroom typically costs between $15,000 and $22,000, though costs can rise by $3,000 to $8,000 if new plumbing lines must be cut into the concrete slab.

A standard recreation room typically costs $45–$75 per sq ft, while a legal rental suite in Barrie ranges from $85 to $165 per sq ft due to fire separation, egress, and separate utility requirements.

Under the Ontario Building Code, a legal basement suite must have a minimum ceiling height of 1.95 meters (approximately 6'5") over at least 75% of the required floor area.

📊Our Methodology

How we collect data
1

Aggregated from 9+ verified web sources and cost databases

2

Licensed contractor estimates and regional cost guides

3

Government construction and labor statistics

4

Community-reported project costs and reviews

Last data collection: 3 days ago. Updates run weekly. All costs in CAD.

About this data

Cost figures are estimates synthesized from public market data using AI research and refreshed regularly. Real project costs vary by scope, materials, contractor, and site conditions. Always get verified quotes from licensed contractors for your specific project.

Spotted bad data? Let us know — we'll review and update.