Quick Answer

Basement Finishing Cost in Barrie (2026)

Average cost in Barrie

$74,575avg

$30,000 — $140,000

$60 — $140 per sq ft

+3.5% YoY
9 sources
Updated 2 weeks ago
Ontario

Cost Breakdown

Itemized
Labor

Licensed trades and general labor

$25,000 — $45,000

35%

Materials

Framing, drywall, insulation, and flooring

$20,000 — $35,000

30%

Mechanical Systems

Plumbing, electrical, and HVAC upgrades

$15,000 — $30,000

25%

Permits & Design

City fees and BCIN-certified drawings

$2,000 — $6,000

5%

Finishing & Fixtures

Paint, trim, lighting, and hardware

$3,000 — $8,000

5%

🧾HST (13%) — Ontario
Base cost + $9,695 tax$84,270

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

$72,053

Today

$74,575

Basement Finishing in Barrie is 3.5% compared to roughly a year ago — about $2,522 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.

Lillian Crescent, Barrie, ON L4N 4P6, Canada

5.0
★★★★★

36 reviews

🔨

Bosscon Contracting Group - General Contractors Barrie

3 Russell Hill Dr, Barrie, ON L4N 0C3, Canada

5.0
★★★★★

32 reviews

🔨

McCue Renovations

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

4.9
★★★★½

39 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

65 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. In 2026, the City of Barrie requires permits for any project involving structural changes, new plumbing, electrical work, or the creation of a new living space. Basic permits typically cost between $500 and $1,500.

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

Homeowners in Simcoe County can expect a 70% to 75% ROI upon resale. For legal secondary suites, the ROI is often higher due to the potential for rental income, which averages $1,800 to $2,400 per month in the Barrie market.

A standard 1,000 sq ft basement renovation usually takes 4 to 8 weeks. Legal secondary suites may take an additional 4 to 6 weeks due to more complex permitting and multi-stage inspection requirements.

📊Our Methodology

How we collect data
1

Aggregated from 5+ 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: 2 weeks 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.