Quick Answer

Basement Finishing Cost in Saskatoon (2026)

Average cost in Saskatoon

$45,000avg

$25,000 — $85,000

$40 — $120 per sq ft

+6.5% YoY
3 sources
Updated today
Saskatchewan

Cost Breakdown

Itemized
Labor & Project Management

Framing, drywall installation, and general labor

$12,000 — $25,000

35%

Materials

Lumber, drywall, flooring, and paint

$10,000 — $22,000

30%

Mechanical

Electrical, plumbing, and HVAC tie-ins

$6,000 — $15,000

20%

Permits & Design

City of Saskatoon permits and drafting

$1,500 — $4,000

5%

Contingency & Cleanup

Waste removal and unexpected costs

$2,500 — $8,000

10%

🧾GST+PST (11%) — Saskatchewan
Base cost + $4,950 tax$49,950

GST+PST at 11%

📋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

$29,775

$23,820 — $35,730

Based on 3 sources and market data for Saskatoon. Actual costs may vary depending on specific project requirements.

🏢Top Basement Finish Contractors in Saskatoon

Verified providers
🔨

Lekadez Construction Ltd

443 McFaull Cres, Saskatoon, SK S7V 0T2, Canada

5.0
★★★★★

27 reviews

🔨

Centennial Kitchen & Bath

2630 Millar Ave #1a, Saskatoon, SK S7K 4C8, Canada

4.9
★★★★½

194 reviews

🔨

MAGNUS Construction Services

1540 Alberta Ave #1, Saskatoon, SK S7K 7C9, Canada

4.9
★★★★½

252 reviews

🔨

Royal Renovators Construction Ltd

211 Thakur St, Saskatoon, SK S7W 0Z9, Canada

4.9
★★★★½

29 reviews

🔨

K & S Contracting Inc

120 23 St E, Saskatoon, SK S7K 0J2, Canada

4.7
★★★★½

69 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

A basic finishing project for a 700 sq ft basement typically costs between $21,000 and $35,000 ($30-$50 per sq ft). If you are building a full legal suite, the cost increases to $54,000-$131,000.

In 2026, basic basement finishing ranges from $40 to $70 per square foot. Premium developments or legal suites with kitchens and separate entrances range from $80 to $120+ per square foot.

Yes, the Saskatchewan Secondary Suite Incentive (SSI) Grant provides up to $35,000 back for homeowners building a new, fully legal secondary suite with a separate entrance, kitchen, and egress windows.

Yes, building permits and inspections are required in Saskatoon, especially when adding bedrooms, bathrooms, or altering electrical and plumbing systems. Permit fees and design typically account for about 5% of the total budget.

📊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: today. Updates run weekly. All costs in CAD.