Quick Answer

Basement Finishing Cost in Barrie (2026)

Average cost in Barrie

$55,935avg

$20,000 — $115,000

$32 — $80 per sq ft

+5.6% YoY
11 sources
Updated 2 weeks ago
Ontario

Cost Breakdown

Itemized
Labor

Framing, electrical, plumbing, and finishing

$16,800 — $46,000

35%

Materials

Drywall, flooring, lumber, and fixtures

$22,400 — $51,750

45%

Permits & Design

City fees and architectural drawings

$5,600 — $11,500

10%

Contingency

Unforeseen repairs and moisture control

$5,600 — $11,500

10%

🧾HST (13%) — Ontario
Base cost + $7,271 tax$63,206

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

📈Price Momentum

Year-over-year

~1 year ago

$52,968

Today

$55,935

Basement Finishing in Barrie is 5.6% compared to roughly a year ago — about $2,966 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

In 2026, the City of Barrie is offering a 50% reduction on building permit application fees for Additional Residential Units (ARUs). Furthermore, homeowners can receive a 100% rebate on these fees if the unit achieves occupancy or a final inspection within 12 months of permit issuance.

Adding a 3-piece bathroom typically costs between $8,000 and $20,000. If a plumbing rough-in is already present, costs are on the lower end, but cutting into the concrete slab for new drain lines can add $5,000 to $10,000 to the budget.

A legal rental suite that meets the Ontario Building Code typically costs between $110,000 and $140,000 in the Barrie area. This includes required fire separations, egress windows, and separate HVAC controls, but can be offset by local grants of up to $15,000.

A professionally finished basement in Barrie and the surrounding Simcoe County typically recoups 70% to 75% of its cost immediately upon resale. Smart home integration, now standard in 78% of 2026 projects, can further boost resale value by 8% to 12%.

📊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.