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The best basement renovation services in Toronto breathe life into dark & damp rooms!

basement-renovation-toronto
We extensively test and research all services we review. Here's why you can trust us.

I’ve always wanted a proper gaming room. Somewhere to stack all my game cases, set up my consoles, and kick back with a decent TV. Now that I’ve got my own place and saved up a bit, I finally went for it and had the basement renovated.

The wait felt long, but seeing the finished space was unreal. It looks great, and it’s the perfect spot to game and hang out with friends!

Since I know plenty of people have their own basement dreams, I pulled together the best basement renovation services in Toronto to help you turn your space into whatever you’ve been imagining.

How much does it cost to renovate a basement in Toronto?

It typically costs about $65 per square foot to renovate a basement in Toronto. The final price can vary depending on the size of your basement, the materials you choose, and how complex your design plans are.

How We Chose

Experience and licences – We prefer basement renovators with at least three years of experience and a Building Renovator’s Licence from the City of Toronto.
Design and layout planning – We considered whether they can offer smart design ideas that make the most of basement space, like gaming rooms and rental suites, and whether they guide you through the planning process smoothly.
Workmanship and materials – We assessed the quality of their finishes, the durability of the materials they use, and whether they stand behind their work with clear guarantees.
Communication and reliability – We checked how quickly they respond to enquiries, how clearly they explain costs and timelines, and whether they show up and deliver on schedule.
Price fairness – We assessed whether their pricing feels fair for the quality provided while taking into account warranties, aftercare, and the additional services offered.

1. Desire Basements Renovations

desire-basements-renovations

Services offered: Basement renovations, amenities installations, and second unit constructions

Address: 10520 Yonge St, Unit 35b, Suite 153, Richmond Hill

Phone number: +1 647-620-6601

Business hours:

8:00 AM – 7:00 PM (MON-FRI)

11:00 AM – 4:00 PM (SAT)

Website

Facebook

I decided to go with Desire Basement Renovations since they have over ten years of experience. What impressed me was that they offered a free estimate and even provided a 3D design so I could picture the setup before anything started.

They used metal studs and moisture-resistant drywall, which made sense in a basement that can get damp. The build feels solid, and they backed it with a lifetime warranty, so I felt confident in the quality of their work.

They also managed to meet the original project timeline, and I found it reassuring that they have a timeline guarantee where they pay a $200 late fee for every day they miss the deadline.

The downside is that they only take on a limited number of clients each month, so booking can be tough. Their lack of financing options can also become an issue for clients pursuing larger projects.

Pros

  • 10 years of experience
  • Free estimates and 3D design previews
  • Uses metal studs and moisture-resistant drywall for durability
  • Lifetime warranty
  • Has a timeline guarantee

Cons

  • Limited client intake each month
  • Lacks a proper financing program

The quality of their work exceeded our expectations

“We hired Desire Basements to transform our basement, and the results are incredible! From start to finish, Kam and the team were professional, detail-oriented, and transparent. The quality of their work exceeded our expectations, and they transformed our space into a beautiful, functional area.

The team was punctual, kept the site clean, and communicated clearly throughout the project, addressing any questions or concerns we had. We especially appreciated their attention to detail and commitment to delivering on time. I highly recommend Desire Basements Renovations to anyone looking for reliable and skilled basement contractors!”

-Tom K, Google Reviews

It was super quick and the finishes were done to perfection!

“Kam was excellent in having his trades do the work for our basement, it was super quick and the finishes were done to perfection! We’re still in the process of arranging our basement but I included some pictures of the finishes without having all our clutter around! Will 100% recommend them if anyone’s asking.”

-Brian Yeung, Google Reviews

2. Assured Basements

assured-basements

Services offered: Shell Solution renovation, basement renovation, basement restoration, basement remodelling, and basement finishing

Address: 1111 Finch Ave W #5, North York

Phone number: +1 866-580-8484

Business hours: 9:00 AM – 6:00 PM (MON-SAT)

Website

Facebook

If you’re planning to DIY parts of your basement renovation, Assured Basements might be worth a call. Founded in 2020, they offer the Shell Solution, which covers framing, insulation, drywall, and rough-ins, while leaving the finishing touches to you.

They also handle standard renovation projects if you prefer a complete job. Furthermore, they provide full basement restoration services, which can be helpful if your space has been flooded or left unused for years.

For peace of mind, all their work comes with a 2-year service warranty. They also make it easy to get started on your project with interest-free financing and free quotes.

Unfortunately, some clients have mentioned trouble getting responses to calls and emails. Others have reported encountering rude behaviour from their staff, which is incredibly disappointing.

Pros

Cons

PROS

  • Shell Solution for DIY-minded homeowners
  • Can do basement restorations
  • 2-year service warranty
  • Offers interest-free financing
  • Free quotes

CONS

  • Sometimes misses enquiries
  • Some rude staff

The craftsmanship is well done

“We recently had our basement finished by Assured Basements and we couldn’t be happier with the results! They took the time to understand our vision and provided recommendations. The craftsmanship is well done, from the flooring to the lighting and custom solutions. The team was always punctual, pleasant, and completed the project on schedule. Any issues were always dealt with promptly to ensure we were satisfied with the end result. Communication was very good throughout the entire process, and they were always available to answer any questions. Our basement has been completely transformed into a beautiful and functional space for our family to enjoy. If you’re looking for a reliable and talented renovation company, we highly recommend them!”

-Jason Paiva, Google Reviews

Delivered a high-quality finished basement

“I hired Assured Basements to do my family basement in Kleinburg. I was pleased with their professionalism. Their team was on point with communication and delivered a high-quality finished basement. My entire family loves it and our friends also compliment the work. Thank you to The Assured Basements team”

-Kirill Soloviev, Google Reviews

3. Turbo Basements

turbo-basements

Services offered: Basement renovations, soundproofing, waterproofing, painting, finishing, and more

Address: 30 Eglinton Ave W, Unit#400, Mississauga

Phone number: +1 647-381-1198

Business hours:

8:00 AM – 7:00 PM (MON-FRI)

10:00 AM – 7:00 PM (SAT and SUN)

Website

Facebook

Turbo Basements is a decent option if you want your basement renovation to feel hassle-free. They’re quite versatile and offer a wide range of services, like basement waterproofing, soundproofing, and painting.

A big plus is that they assign a dedicated project manager to each client, so you’re not stuck chasing different people for updates. They also back their work with a money-back guarantee, which means you can expect a refund if the results aren’t up to standard.

Furthermore, they offer a 5-year workmanship warranty. Financing is available as well, making it easier to spread out payments.

However, I find their portfolio to be fairly light, which can be an issue for people who want concrete evidence on the quality of their work. They also mainly serve Mississauga and nearby areas, leaving places like Ajax and Oshawa out.

Pros

Cons

PROS

  • 20 years of experience
  • Dedicated project manager for each project
  • Wide range of basement renovation services
  • 5-year workmanship warranty
  • Money-back guarantee
  • Offers financing options
  • Free estimates

CONS

  • Limited portfolio of past projects
  • Service area mostly limited to Mississauga and nearby areas

Did a remarkable job in our basement!

“Alex and his team did a remarkable job in our basement! We were looking for someone we could trust, was professional, and stayed true to their word. Every promise was delivered on time, and he answered very quickly. Our basement before didn’t have a bathroom but he was able to create the bathroom we envisioned . Not only were they efficient and great, but they were very kind, especially with our scared dog, Smoki:) . If you’re looking for a sign to go with Alex, this is it!!!”

-Maria Duvnjak, Google Reviews

Delivered exactly what we wanted

“Turbo Basements did a great job finishing our basement. They were clear and quick to answer our questions, and they stuck to the schedule they promised. The team was friendly, easy to work with, and delivered exactly what we wanted. We’re really happy with the result and would recommend them!”

-Arun Jagga, Google Reviews

4. Harmony Basements

harmony-basements

Services offered: Basement design, renovation, waterproofing, finishing, and more

Address: 156 Chrislea Rd #4, Woodbridge

Phone number: +1 905-669-9039

Business hours: 8:00 AM – 8:00 PM (MON-FRI)

Website

Facebook

Harmony Basements has over 20 years of experience and is worth highlighting for their comprehensive design services. They provide a custom AutoCAD plan of your basement along with a full 3D walkthrough, so you can see how the finished space will look before construction begins.

They also take care of city permits and inspections at no cost, which saves you the hassle of dealing with paperwork.

But what stood out most to me was the regular promotions they run. In certain months, they offer free upgrades that are worth thousands, including vinyl flooring and waterproof subfloors, to new customers!

It’s also worth noting that they provide a lifetime warranty on all their services. You can reach out for a free estimate if you want more details.

That said, their final price sometimes differs from their initial quote, and some clients have mentioned experiencing rude behaviour from the staff.

Pros

Cons

PROS

  • 20 years of experience
  • Custom AutoCAD plans and 3D walkthroughs
  • Free city permits and inspections
  • Runs promotions regularly
  • Lifetime warranty on renovations
  • Free estimates
  • Offers financing options

CONS

  • Final price sometimes differs from initial quote
  • Some rude staff

Looking forward to enjoying our basement for many years to come

“This is the second basement project completed with Harmony Basements and we are thrilled with the results. Diego and his team were professional, courteous, friendly and consulted us through the project. Workmanship and details were excellent. Diego helped us navigate through some material supply shortages, common these days, to deliver a top notch design that was on time and budget! Looking forward to enjoying our basement for many years to come. Thanks again!”

-Dan M, Google Reviews

You won’t be disappointed choosing Harmony for your project

“We loved working with Diego, Roy and everyone from Harmony Basements. From our initial meeting with Diego it was clear who we were going to choose for our basement renovation. Several times I thought we may have encountered something that would stretch our initial timeline, but if longer days were required then that’s what happened to keep it on time. Always available, clear communication and planning, good people. You won’t be disappointed choosing Harmony for your project.”

-Taylor Brown, Google Reviews

5. Moose Basements

moose-basements

Services offered: Basement renovation, finishing, remodelling, underpinning, and legal basement renovation

Address: 7250 Keele St, Unit 161, Concord

Phone number: +1 647-232-5353

Business hours: 8:00 AM – 8:00 PM (MON-SUN)

Website

Facebook

If you’re looking to save money on a basement renovation, check out Moose Basements. They have a price beat guarantee that promises to lower their quote against any competitor by at least 5%.

Their services cover renovations, remodelling, and foundation repairs. They can also transform your basement into a legally compliant living space in case you want to rent it out for extra income.

I appreciate that they provide a lifetime transferable warranty since it adds value for homeowners who may sell later. Financing options are available, and they even help with rebate applications such as the Home Energy Rebate incentive, making it easier to start a project without stretching your budget too far.

On the flip side, they’ve been known to occasionally miss project deadlines and run into delays. I also found that communication can be inconsistent, with enquiries sometimes left unanswered.

Pros

  • 10 years of experience
  • Price beat guarantee
  • Lifetime transferable warranty
  • Specializes in legal basements
  • Financing options available
  • Can help with rebate applications
  • Free design consultations

Cons

  • Sometimes encounters project delays
  • Sometimes misses enquiries

Our basement is absolutely stunning

“Based on reviews, we hired Moose Basements to do a complete basement renovation, bedroom, bathroom, laundry room, kitchen, family room and fireplace. They made the experience painless from start to finish. All tradespeople used were on top of their game. Moose Basements delivered more than we expected, our basement is absolutely stunning. A job well done, thank you Moose Basements”

-Mark Shivrattan, Google Reviews

The team created a legal, beautiful space that tenants love

“Our basement apartment renovation has already paid for itself in rental income. The team created a legal, beautiful space that tenants love. The separate entrance and sound insulation were expertly done.”

-Afftia Nabela Putri, Google Reviews