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Old Toronto / York, ON · 39 permits

Basement Apartment Conversion in Old Toronto / York: declared permit values

This job is also called second suite or legal basement apartment. Not an estimate. These are declared construction values from building permits filed with the City of Toronto between 2024 and 2026 , for Old Toronto / York only. The records do not consistently itemize project scope or record final spending.

This page covers Old Toronto / York only. See basement apartment conversion costs across all of Toronto for the citywide median and the full sample.

The Kildrin Estimator

What the permit sample declares

This page shows the full permit sample. The result is not a quote or a prediction of final spending.

The permit records do not consistently identify the main property type for this work, so there is no reliable property-type filter. The distribution below covers all retained permits for this category in Old Toronto / York.

Declared construction values: middle 50%

$30,000 to $89,750

Median declared construction value $50,000

median declared $50k$15k$30k$90k$150k
Based on 39 permits issued in 2024–2026. The declarations do not consistently itemize scope and are not records of final spending.

39 permits across Old Toronto / York, all property types.

Half of the selected permit declarations fell inside this range. The source does not consistently itemize the work included, and it does not record final spending. Treat this as a description of the selected records rather than a price for your property.

Want a real number for your address? One vetted contractor who works your postal code. Never three.

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What actually moves the price

Ceiling height and the proposed work matter. A basement suite may need structural work, or it may not. The permit record does not tell us which items are in each declaration, so this sample cannot price a combined conversion and underpinning project. Measure the existing space and ask a qualified designer or contractor what work is needed. If lowering is proposed, see our basement underpinning data as a separate sample, not an amount to add automatically.

Egress. A bedroom needs a compliant means of escape, which in a basement usually means cutting a window opening into the foundation wall and building a window well. That is concrete work, not carpentry, and it is a common surprise on quotes that were priced off a floor plan without anyone looking at the walls.

Fire separation and alarms. The suite has to be separated from the rest of the house to a required rating, and alarms have to be interconnected across both units. This is unglamorous, invisible when finished, and not optional. A quote that omits it is cheaper because it is not a legal suite.

Heating and ventilation. Whether the existing system can serve two dwellings or whether the suite needs its own arrangement changes the number materially.

Why doing this legally is worth the money

An unpermitted basement apartment is worth less at sale, is difficult to insure honestly, and leaves you exposed if a tenant is hurt. It also gives a tenant leverage in any dispute. The gap between the informal version and the permitted version is smaller than most people assume, and everything above is the reason the permitted one costs what it costs.

What the permit record does not tell us

The record provides one applicant-declared construction value, not an itemized scope or final invoice. For a second suite, it does not consistently show whether design, fees, appliances, finishing or related structural work are included. Confirm each item in a written quote.

Three questions before you sign

  • What is my finished ceiling height, measured today? Ask before budgeting. Ask which work, if any, is needed to meet the applicable requirements.
  • Is the egress window included, including the well and the excavation? Get it itemised.
  • Who signs off the fire separation? There should be an inspection, and you should see it pass.

The permit count shown above is the current sample for this category. It changes as the active permit file changes.

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Compare with declared permit values

Enter a quote to place it on the full Old Toronto / York sample of 39 second suite conversion permits. This does not use the property selection above or judge whether the quote is high or low.

$
median declared $50k$15k$30k$90k$150k
Based on 39 permits issued in 2024–2026. The declarations do not consistently itemize scope and are not records of final spending.
25th percentile declared value
$30,000
Median declared construction value
$50,000
75th percentile declared value
$89,750

Half of these permit declarations fell between the 25th and 75th percentile values. Treat this as a description of the records rather than a price for your property.

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Get a real quote for your property

We pass your details to a single vetted contractor who works your postal code. You will not be called by five companies, because we only ever sell a request once.

Median declared construction value for this permit category is $50,000; it is not final spending. We are paid by the contractor, never by you.

Source: City of Toronto Open Data, Building Permits. Open Government Licence – Toronto. Newest permit date in this sample: 2026-08-17. Declared construction values are self-reported at filing; their scope is not itemized consistently, and final spending is not recorded.