Quick Answer

Basement Finishing Cost in Montreal (2026)

Average cost in Montreal

$57,915avg

$30,000 — $120,000

$35 — $120 per sq ft

+5% YoY
8 sources
Updated 2 days ago
Quebec

Cost Breakdown

Itemized
Labor

Skilled trades (electrical, plumbing, carpentry)

$12,000 — $48,000

40%

Materials

Drywall, flooring, insulation, and fixtures

$12,000 — $48,000

40%

Permits & Design

City fees and architectural drawings

$3,000 — $12,000

10%

Contingency

Unforeseen structural or moisture issues

$3,000 — $12,000

10%

🧾GST+QST (14.98%) — Quebec
Base cost + $8,676 tax$66,591

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

📈Price Momentum

Year-over-year

~1 year ago

$55,157

Today

$57,915

Basement Finishing in Montreal is 5.0% compared to roughly a year ago — about $2,758 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 Suite 412, Montreal, QC H3B 3G1, Canada

5.0
★★★★★

228 reviews

🔨

Ecosense Renovation et Construction Inc. Montreal

645 Rue Guy, Montréal, QC H3J 2V5, Canada

5.0
★★★★★

62 reviews

🔨

DCR Renovation & Construction Montreal

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

4.9
★★★★½

587 reviews

🔨

Concept JS Inc - Entrepreneur Général - Rénovation Cuisine, Salle de bain - Projet Clé en main

9049 Pl. de Montgolfier, Montréal, QC H2M 1Z9, Canada

4.9
★★★★½

50 reviews

🔨

RénoAssistance - service de référence d'entrepreneurs en rénovation

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

4.8
★★★★½

170 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, a permit is required for any work that changes the structure, room dimensions, or use (e.g., adding a bedroom). In 2026, Montreal permit fees are $9.80 per $1,000 of estimated work, with a minimum residential fee of $167.40.

A professionally finished basement in the Montreal market typically yields an ROI of approximately 70%, significantly increasing the home's resale value by adding legal living space.

Adding a full 3-piece bathroom typically costs between $8,000 and $25,000 in 2026. The high cost is primarily due to the need for concrete trenching for new plumbing lines.

Under the Quebec building code, basement walls must meet a minimum R-value of R-24. In Montreal, this often requires closed-cell spray foam or high-performance rigid foam, costing between $5,000 and $12,000 for a standard 1,000 sq ft space.

📊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 days 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.