Quick Answer

Basement Finishing Cost in Montreal (2026)

Average cost in Montreal

$68,125avg

$30,000 — $145,000

$70 — $110 per sq ft

+12.5% YoY
9 sources
Updated 2 weeks ago
Quebec

Cost Breakdown

Itemized
Labor

Framing, drywall, taping, and painting

$13,500 — $65,250

45%

Materials

Flooring, lumber, insulation, and trim

$10,500 — $50,750

35%

Mechanical

Electrical, plumbing, and HVAC upgrades

$4,500 — $21,750

15%

Permits & Design

City of Montreal fees and architectural plans

$1,500 — $7,250

5%

🧾GST+QST (14.98%) — Quebec
Base cost + $10,205 tax$78,330

GST+QST at 14.98%

📋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

$31,980

$25,584 — $38,376

Based on 9 sources and market data for Montreal. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

$60,555

Today

$68,125

Basement Finishing in Montreal is 12.5% compared to roughly a year ago — about $7,569 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 Montreal

Verified providers
🔨

Rénovation Centrale , Central Renovation

1255 R. du Square-Phillips Ste 412, Montreal, QC H3B 3G1, Canada

5.0
★★★★★

233 reviews

🔨

BonBain Construction

107 17e Avenue, Lachine, QC H8S 3N7, Canada

5.0
★★★★★

66 reviews

🔨

Universal Renovations inc

2353 Rue John Campbell, LaSalle, QC H8N 1C5, Canada

5.0
★★★★★

63 reviews

🔨

DCR Renovation & Construction Montreal

3422 Bd Décarie, Montréal, QC H4A 3J5, Canada

4.9
★★★★½

585 reviews

🔨

RénoAssistance

400 Blvd. De Maisonneuve Ouest O, Montreal, QC H3A 1L4, Canada

4.8
★★★★½

171 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

In 2026, the Ville de Montréal charges a permit fee of $9.80 for every $1,000 of estimated work value. For a typical $72,500 renovation, the permit fee would be approximately $710.50, plus a minimum processing fee of $167.40.

The current average cost ranges from $70 to $110 per square foot. Basic finishing (drywall and flooring) starts at $70, while mid-range projects including a bathroom typically average $85 to $95 per square foot.

Adding a full 3-piece bathroom (shower, toilet, vanity) typically costs between $15,000 and $25,000. If the concrete slab needs to be broken for new plumbing rough-ins, expect to add $3,000 to $8,000 to that total.

A legal rental suite requires fire-rated separations and egress windows. Egress window installation costs between $2,500 and $4,500 per window, and total costs for a legal suite often exceed $100,000 or roughly $100 per square foot.

📊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: 2 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.