Cost of Home Renovation in Toronto in 2026 & How to Reduce It?

Home renovation costs in Toronto in 2026 continue to rise due to higher labor rates, material pricing, and permit requirements. Whether you’re planning a bathroom renovation, kitchen remodeling, or a full home renovation, understanding the costs(and how to reduce them) can help you make informed decisions and stay on budget.

How Much is a Full Home Renovation Cost in Toronto?

The cost of full home renovation in Toronto based on many variables. We will mention to some of them at the rest.

Working with an experienced renovation contractor like Marvel Homes ensures quality workmanship, transparent pricing, and stress-free project management from start to finish.

Average Home Renovation Cost in Toronto (2026)

In 2026, home renovation costs in Toronto typically fall within these ranges:

  • Bathroom Renovation: $12,000 – $30,000

  • Kitchen Renovation: $20,000 – $60,000+

  • Basement Renovation: $35,000 – $80,000

  • Main Floor Renovation: $40,000 – $100,000

  • Full Home Renovation: $100,000 – $300,000+

Final pricing depends on scope, finishes, layout changes, and contractor expertise.

What Affects the Cost of Home Renovation in Toronto?

1. Type of Renovation

Different projects have different cost structures:

  • Cosmetic updates cost less

  • Structural changes increase labor and permit fees

  • Wet areas (kitchens and bathrooms) are more expensive

2. Size and Layout of the Home

Larger homes require:

  • More materials

  • Longer labor time

  • Higher disposal and cleanup costs

Open-concept conversions also increase structural expenses.

3. Material and Finish Selection

Material choices heavily influence cost:

  • Custom cabinetry vs stock cabinets

  • Quartz or granite vs laminate

  • Tile size, quality, and installation complexity

Premium finishes raise costs but improve durability and resale value.

4. Labor Costs in Toronto (2026)

Toronto has some of the highest renovation labor rates in Canada, especially for:

  • Licensed plumbers and electricians

  • Structural and framing work

  • Skilled tile and finish carpentry

Hiring an experienced contractor avoids costly mistakes.

5. Permits and City Regulations

Renovations often require:

  • Building permits

  • Electrical and plumbing inspections

  • Compliance with Ontario Building Code

Professional renovation companies like Marvel Homes handle permits for you.

6. Age and Condition of the Home

Older Toronto homes may need:

  • Electrical upgrades

  • Plumbing replacements

  • Asbestos or mold removal

These hidden issues can increase renovation budgets.

How to Reduce Home Renovation Costs in Toronto

If you’re planning a renovation in 2026, here’s how to reduce costs without sacrificing quality:

Plan Everything in Advance

  • Avoid last-minute changes

  • Finalize layouts and finishes early

  • Stick to a clear scope of work

Renovate Multiple Areas at Once

  • Kitchen + bathroom bundles reduce labor costs

  • One permit process instead of multiple

  • Faster overall timeline

Marvel Homes offers cost-effective bundled renovations.

Choose Mid-Range Materials

  • Durable and stylish without premium pricing

  • Better value for long-term use

  • Easier replacement and maintenance

Keep Plumbing and Electrical in Place

  • Moving pipes or wiring significantly increases costs

  • Existing layouts save time and money

Hire a Trusted Full-Service Contractor

  • Avoid coordination issues

  • Reduce delays and mistakes

  • One team manages everything

Marvel Homes provides design, renovation, and project management under one roof.

Why Choose Marvel Homes for Your Toronto Renovation?

Marvel Homes is a trusted Toronto home renovation company specializing in:

  • Bathroom renovations

  • Kitchen remodeling

  • Basement finishing

  • Condo renovations

  • Full home renovations

Why Homeowners Choose Marvel Homes:

  • Transparent pricing

  • Skilled licensed trades

  • High-quality materials

  • On-time project completion

  • Excellent customer service

📞 Call Marvel Homes today to get a personalized renovation quote and expert guidance for your 2026 renovation project.

Frequently Asked Questions

How much does a home renovation cost in Toronto in 2026?

Home renovation costs range from $12,000 for small projects to $300,000+ for full home renovations, depending on size and scope.

What renovation adds the most value to a home?

Kitchen renovations, bathroom remodeling, and basement renovations typically offer the highest return on investment in Toronto.

Can I renovate my home on a budget in Toronto?

Yes. Careful planning, mid-range materials, and hiring an experienced contractor like Marvel Homes can significantly reduce costs.

How long does a home renovation take?

  • Bathroom: 2–4 weeks

  • Kitchen: 4–8 weeks

  • Full home: 3–6 months

Timelines vary based on complexity.

Do I need permits for home renovations in Toronto?

Yes, most structural, plumbing, and electrical renovations require permits. Marvel Homes handles all permits and inspections.

Why should I hire Marvel Homes?

Marvel Homes delivers professional renovation services, competitive pricing, and peace of mind handling everything from bathroom upgrades to complete home remodeling.