Quick Answer

Basement Finishing Cost in Barrie (2026)

Average cost in Barrie

$60,523avg

$20,000 — $150,000

$55 — $110 per sq ft

+5.6% YoY
14 sources
Updated 1 weeks ago
Ontario

Cost Breakdown

Itemized
Labor

Skilled trades and general labor

$24,525 — $67,500

45%

Materials

Drywall, flooring, framing, and finishes

$19,075 — $52,500

35%

Mechanical

Electrical, plumbing, and HVAC upgrades

$8,175 — $22,500

15%

Permits & Design

City of Barrie fees and architectural drawings

$2,725 — $7,500

5%

🧾HST (13%) — Ontario
Base cost + $7,868 tax$68,391

HST at 13%

📋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

$34,500

$27,600 — $41,400

Based on 14 sources and market data for Barrie. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

$57,313

Today

$60,523

Basement Finishing in Barrie is 5.6% compared to roughly a year ago — about $3,210 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 Barrie

Verified providers
🔨

Rick Savo Custom Renovations Ltd.

38 Lillian Crescent, Barrie, ON L4N 4P6, Canada

5.0
★★★★★

37 reviews

🔨

Sch Home Improvements

520 Grove St E, Barrie, ON L4M 5Z2, Canada

5.0
★★★★★

26 reviews

🔨

McCue Renovations

84 Wellington St W, Barrie, ON L4N 1K7, Canada

4.9
★★★★½

41 reviews

🔨

Bay Point Contracting

501 Welham Rd Unit 11, Barrie, ON L4N 8Z6, Canada

4.9
★★★★½

35 reviews

🔨

JC Unlimited Contracting Inc

660 Bayview Dr #12, Barrie, ON L4N 9P5, Canada

4.7
★★★★½

65 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

Yes, the City of Barrie requires a building permit for any basement project involving structural changes, new plumbing, or electrical work. Permit fees typically range from $500 to $2,500 depending on the complexity and square footage.

In 2026, professional basement finishing in Barrie averages between $55 and $110 per square foot. Basic open-concept designs start at the lower end, while legal secondary suites or high-end custom finishes exceed $120 per square foot.

Converting a basement into a legal rental suite in Barrie typically costs between $90,000 and $160,000. This higher cost is driven by requirements for fire separation, separate entrances, egress windows, and independent HVAC systems.

A professionally finished basement in the Barrie market currently yields an ROI of approximately 70% to 75%. Adding a legal suite can provide additional value through monthly rental income, which averages $1,800 to $2,400 in the local market.

📊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: 1 weeks 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.