Quick Answer

Basement Finishing Cost in Montreal (2026)

Average cost in Montreal

$78,187avg

$48,000 — $135,000

$65 — $145 per sq ft

+4.2% YoY
7 sources
Updated 3 days ago
Quebec

Cost Breakdown

Itemized
Labor

Framing, drywall, and painting

$19,200 — $54,000

40%

Materials

Lumber, insulation, and drywall

$14,400 — $40,500

30%

Electrical & Plumbing

Certified sub-trades and fixtures

$8,640 — $24,300

18%

Flooring & Finishes

Vinyl, laminate, and trim work

$4,320 — $12,150

9%

Permits & Design

Municipal fees and floor plans

$1,440 — $4,050

3%

🧾GST+QST (14.98%) — Quebec
Base cost + $11,712 tax$89,899

GST+QST at 14.98%

📋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

$31,980

$25,584 — $38,376

Based on 7 sources and market data for Montreal. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

$75,036

Today

$78,187

Basement Finishing in Montreal is 4.2% compared to roughly a year ago — about $3,152 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 Montreal

Verified providers
🔨

Rénovation Centrale , Central Renovation

1255 R. du Square-Phillips Ste 412, Montreal, QC H3B 3G1, Canada

5.0
★★★★★

238 reviews

🔨

Ecosense Construction et Renovation Inc. Montreal

645 Rue Guy, Montréal, QC H3J 2V5, Canada

5.0
★★★★★

63 reviews

🔨

DCR Renovation & Construction Montreal

3422 Bd Décarie, Montréal, QC H4A 3J5, Canada

4.9
★★★★½

591 reviews

🔨

T2 Renovations Inc.

1255 Chem. Legault #2, Saint-Lazare, QC J7T 2B7, Canada

4.9
★★★★½

66 reviews

🔨

Concept JS Inc - Entrepreneur Général - Rénovation Cuisine, Salle de bain - Projet Clé en main

9049 Pl. de Montgolfier, Montréal, QC H2M 1Z9, Canada

4.9
★★★★½

50 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

The average cost ranges from $65 to $145 CAD per square foot, with most mid-range projects settling around $95 CAD per square foot.

In 2026, Montreal permit fees are generally calculated at approximately $9.80 per $1,000 of estimated construction value, plus a fixed administrative fee of roughly $155.

Adding a standard 3-piece bathroom typically increases the project cost by $16,000 to $24,000 CAD, depending on the proximity to existing plumbing stacks.

Homeowners can expect a return on investment of approximately 62% to 70% of the project cost upon resale, depending on the quality of the moisture proofing and ceiling height.

📊Our Methodology

How we collect data
1

Aggregated from 7+ 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.