The definitive benchmark for renovation costs across Toronto, the GTA, and Muskoka — compiled quarterly from real project data, permit filings, and supplier pricing by Kopman Build since 1999.
Q3 2026 average range — up 8% year over year across Toronto markets.
Premium-finish second storey additions in Rosedale, Forest Hill, and Leaside.
All-in custom home construction in the Muskoka Lakes region, Q3 2026.
All-in pricing: design, permits, labour, materials. Excludes furniture and appliances. Q3 2026.
| Project Type | Standard | Premium | Luxury |
|---|---|---|---|
| Kitchen Renovation | $45k – $72k | $72k – $135k | $135k – $285k+ |
| Bathroom Renovation | $22k – $38k | $38k – $72k | $72k – $165k+ |
| Primary Ensuite | $38k – $65k | $65k – $120k | $120k – $220k+ |
| Basement Renovation | $42k – $68k | $68k – $115k | $115k – $210k+ |
| Legal Suite | $85k – $130k | $130k – $185k | — |
| Rear Addition (per sq ft) | $380 – $480 | $480 – $650 | $650 – $950+ |
| Second Storey Addition | $225k – $390k | $390k – $620k | $620k – $980k+ |
| Laneway House | $360k – $480k | $480k – $680k | $680k – $1M+ |
| Full Home Renovation | $380k – $650k | $650k – $1M | $1M – $2.2M+ |
| Custom Home (per sq ft) | $360 – $520 | $520 – $780 | $780 – $1,450+ |
| All-in pricing: design, permits, labour, materials. Excludes furniture and appliances. Ranges reflect Toronto base market; apply neighbourhood multipliers from Table 2 for location-specific estimates. | |||
Premium or discount vs. Standard Toronto base. Apply to project type ranges above.
| Neighbourhood / Area | Cost Variation vs. Base |
|---|---|
| Bridle Path / Rosedale | +18% – +28% |
| Forest Hill / Yorkville | +12% – +20% |
| Leaside / Lawrence Park / Moore Park | +8% – +15% |
| The Annex / Cabbagetown / The Beaches | +5% – +10% |
| Standard Toronto | Base |
| North York / Etobicoke | Base to +5% |
| Mississauga / Markham / Vaughan | −3% – +5% |
| Oakville / Burlington | +5% – +12% |
| Muskoka | +12% – +22% |
The Kopman Build Cost Index is derived from contractor project quotes, permit applications filed with the City of Toronto Building Department, and supplier material pricing across Toronto, the GTA, and Muskoka. All-in contractor pricing. Figures represent ranges observed across projects completed or tendered in each quarter. Published quarterly. Next update: October 2026.
The complete Q3 2026 Cost Index includes project breakdowns, material cost drivers, permit timeline data, and a neighbourhood-by-neighbourhood pricing appendix.
The ranges reflect all-in contractor pricing derived from actual project scopes, permit applications filed in Toronto, and supplier material pricing. They represent realistic market ranges, not theoretical estimates. Individual projects may fall outside these ranges depending on site conditions, structural complexity, and client-specific requirements.
Yes. All figures in this index are all-in pricing inclusive of design, permits, labour, and materials. They exclude furniture, appliances, and owner-supplied fixtures.
Premiums reflect higher labour costs, more complex permit environments, heritage overlay requirements, and elevated client expectations in certain neighbourhoods. A Rosedale kitchen renovation will typically cost 18–28% more than an equivalent project in a standard Toronto neighbourhood due to these compounding factors.
The Kopman Build Cost Index is updated quarterly. The Q3 2026 edition was published in July 2026. The next update is scheduled for October 2026, reflecting Q3 project completions and any material cost movements.
These figures are a reliable starting point for budget planning. For a project-specific estimate, we recommend requesting a formal consultation. Kopman Build provides detailed itemised budgets before any commitments are made — no obligation, no pressure.
Initial consultations are confidential, no-obligation, and focused on your project. We'll give you a realistic number before any work begins.
Request a Consultation