Canadian Carpenter's Guide to Quoting Basement Finishing

Basement finishing is huge in Canada. Here's how to quote it.

Framing and Drywall

Framing Only

• Exterior walls: $8-12/sq ft
• Interior walls: $6-10/sq ft
• Bulkheads: $15-25/linear foot

Drywall (Supply and Install)

• Standard: $3-5/sq ft
• Taping and mudding: $2-3/sq ft
• Total finished: $5-8/sq ft

Full Basement Finish

Per Square Foot (Turnkey)

• Basic finish: $35-50/sq ft
• Standard finish: $50-75/sq ft
• Premium finish: $75-100+/sq ft

What's Included

• Framing and insulation
• Drywall and paint
• Flooring
• Electrical and lighting
• Trim and doors

Common Add-Ons

• Bathroom rough-in: $3,000-6,000
• Wet bar: $2,000-5,000
• Home theatre: $3,000-8,000
• Egress window: $2,500-5,000

Permits

• Building permit required
• Electrical permit required
• Plumbing permit (if bathroom)
• Inspections at each stage

HST/GST

• Ontario: 13% HST
• BC: 5% GST + 7% PST
• Alberta: 5% GST only

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