How Much Does It Cost to do a Basement Renovation in Simcoe County? (2025 Guide)

Finishing a basement is one of the smartest ways to increase the usable space in your home and one of the projects with the highest return on investment. Whether you’re in Simcoe County, Innisfil, Barrie, Orillia, Alliston, or Bradford, homeowners are increasingly turning unfinished basements into functional, beautiful living areas that add value and comfort.

But what does it actually cost to finish a basement in Simcoe County in 2025?

Below is a complete breakdown so you know exactly what to expect.

Average Cost to Finish a Basement in Simcoe County

The average cost to renovate a basement in Simcoe County ranges from $45,000 to $120,000+, depending on size, design, and features.

Here’s the typical cost per square foot:

• Basic finish: $50–$85/sq ft

• Mid-range finish: $85–$125/sq ft

• Full custom or legal apartment: $125–$200/sq ft

The biggest cost factors?

• Plumbing

• Electrical

• Layout changes

• Insulation & waterproofing

• Labour

 Basement Size & Price Estimates

These numbers reflect real averages for Simcoe County homeowners.

✔️ 500 sq ft basement

Approx. cost: $25,000–$45,000

✔️ 800 sq ft basement

Approx. cost: $45,000–$75,000

✔️ 1,000 sq ft basement

Approx. cost: $60,000–$100,000

✔️ 1,200+ sq ft custom basement

Approx. cost: $90,000–$150,000+

Larger spaces, custom layouts, or legal units will increase the price.

 What’s Included in a Standard Basement Renovation in Simcoe County?

A high-quality basement finish in Simcoe County typically includes:

• Framing & drywall

• Potlights & electrical

• Flooring installation

• Insulation & vapour barrier

• Basic paint & trim

• Doors, baseboards & casing

• HVAC extensions

• Egress window (if needed for safety/code)

• 
  

For most homeowners, this is enough to turn the basement into a:

✔️ family room

✔️ home office

✔️ rec room

✔️ gym

✔️ playroom

Adding a Legal Basement Apartment (Secondary Suite)

More and more Simcoe County homeowners are converting basements into legal rental suites.

Cost range:

$80,000–$150,000+

Why higher?

• Separate entrance

• Full kitchen

• Plumbing & electrical upgrades

• Fire separation

• Permits & inspections

• Egress windows

But the payoff can be huge — rental income in Innisfil/Barrie typically ranges from $1,500–$2,300/month.

 How Long Does a Basement Finish Take?

Typical timeline for Simcoe County homes:

• Basic finish: 3–5 weeks

• Mid-range: 6–8 weeks

• Legal apartment: 8–14+ weeks

Weather, inspections, and scope can influence timing.

Is Finishing a Basement Worth It?

Yes, especially in Simcoe County where demand for additional living space and rental units is rising.

A finished basement typically adds:

✔️ 20–30% more usable living space

✔️ High resale value

✔️ Potential rental income

It’s one of the best home investments available.

📍 Thinking About Finishing Your Basement? We Can Help.

At SCL Simcoe Contracting & Landscaping, we transform unfinished basements into beautiful, functional spaces — from basic layouts to full legal secondary suites.

Serving:Innisfil • Barrie • Orillia • Bradford • Angus • Alliston • Simcoe County

📞 Book a free quote: 647-773-8591🌐 See our work: builtbyscl.ca📩 Follow for more renovations & ASMR builds.