Condo Renovation Costs in Toronto (2026 Guide)

Renovating a Toronto condo in 2026 means budgeting for more than just construction. Board approval fees, elevator bookings, insurance riders, and noise restrictions all affect the real cost — and the best contractors build these into the quote upfront rather than treating them as surprises.

This guide breaks down what condo renovations actually cost in Toronto in 2026 — by project type, by building class, and by component — so you can plan with confidence and compare quotes on a like-for-like basis.

For our full process and completed condo project portfolio, see our condo renovation services page.

Quick answer: condo renovation cost in Toronto

Toronto condo renovations in 2026 typically range from $18,000 for a single-area refresh to $150,000+ for a full luxury gut renovation. Most full-unit renovations fall between $70,000 and $120,000, depending on size, finish tier, and the extent of plumbing and electrical work.

On a per-square-foot basis, condo renovations in Toronto run $100–$300 per sq ft in 2026, with luxury builds in Yorkville, Forest Hill, and Rosedale buildings often pushing the higher end.

Condo renovation cost by project type

Condo kitchen renovation: $20,000 – $80,000

Refresh-tier kitchen projects (cabinet refacing, new countertops, hardware swap) start around $20,000. Mid-range full kitchen renovations with new cabinetry and quartz counters run $35,000–$60,000. Luxury condo kitchens with custom millwork, integrated appliances, and stone slab counters range $60,000–$80,000+.

For a full kitchen-specific component breakdown, see our condo kitchen renovation cost guide at https://maserat.ca/blog/condo-kitchen-renovation-cost-toronto/.

Condo bathroom renovation: $18,000 – $55,000

Cosmetic refresh (vanity, fixtures, tile in existing layout) starts at $18,000. Mid-range full bathroom renovations run $25,000–$40,000. Luxury condo en-suites with curbless showers, heated floors, and stone tile reach $40,000–$55,000+.

Full-unit gut renovation: $70,000 – $150,000

Complete unit renovations — new kitchen, bathroom(s), flooring, paint, electrical updates, and built-in storage — start around $70,000 for a 500 sq ft unit and reach $150,000+ for larger luxury units in Yorkville, Forest Hill, or Rosedale buildings.

Floor and finish refresh: $25,000 – $50,000

Limited-scope updates — new flooring throughout, full repaint, lighting upgrades, and minor cabinetry refreshes without full demolition — run $25,000–$50,000 depending on unit size and material selection.

What moves the cost up or down

The biggest cost drivers in Toronto condo renovations are not the same as in detached homes. Five factors typically determine whether your project lands at the lower or upper end of the range.

Plumbing relocation

Moving a kitchen sink, toilet, or shower drain, even a few feet, can add $5,000–$15,000 because of the structural and stack-access work involved. Many condos restrict plumbing relocation entirely. Keeping fixtures in their original positions is the single biggest cost-saver in a condo renovation.

Building class and age

Newer Class A buildings in Yorkville, King West, and South Core have stricter board requirements, higher insurance thresholds, and tighter elevator booking windows — which add to project cost. Older Class B and C buildings often allow more renovation flexibility but may require additional structural assessment for plumbing, electrical, or load considerations.

Board approval complexity

Some Toronto buildings approve standard renovations within 4 weeks. Others require multiple board meetings, engineering letters, or extensive documentation that can stretch approval to 8–10 weeks. Approval delays don’t add direct cost, but they affect carrying costs, contractor scheduling, and material lead times.

Working hour restrictions

Most Toronto condos restrict noisy work to 9 AM – 5 PM weekdays only. Sunday work is almost always prohibited. These restrictions increase the total project duration by 30–50% compared to detached-home work, which proportionally increases labour costs.

Material tier

Mid-range quartz at $80–$120 per sq ft versus stone slab at $250+ per sq ft, stock cabinets versus full-custom millwork, and standard porcelain versus imported tile each compound across the project. Material tier alone can shift a kitchen budget by $ 20,000 or more.

Cost breakdown for a typical $90,000 condo renovation

A representative full-unit renovation for a 700 sq ft Toronto condo with new kitchen, full bathroom remodel, and unit-wide flooring update breaks down approximately as follows:

Demolition and disposal: $4,000
Plumbing and electrical: $8,000
Kitchen cabinetry and counters: $32,000
Bathroom fixtures and tile: $18,000
Flooring (engineered hardwood, full unit): $9,000
Paint and finishing: $4,500
Project management, permits, board approval: $7,500
Contingency and elevator/booking fees: $7,000

Total: $90,000

This breakdown assumes mid-range finishes, no plumbing relocation, and a Class A or B building in central Toronto. Your specific quote will be adjusted based on unit size, scope, and material specifications.

Permits, board approval, and 2026 changes

Toronto condo renovations require two parallel approval streams — your condo board's internal approval and the City of Toronto’s building permit. Both must be in place before construction can start.

Condo board approval

Board approval typically takes 4–10 weeks, depending on the building's size and the completeness of your initial submission. Board packages include contractor insurance certificates ($2M+ in general liability and WSIB clearance), a detailed scope of work, drawings showing any layout changes, a project schedule, and a signed acknowledgement of the building rules. Some buildings also require sound-rating documentation for flooring, engineer letters for structural work, or material samples.

City of Toronto building permits

Any work involving plumbing relocation, electrical scope beyond fixture swaps, structural changes, or new bathroom or kitchen installations requires a City permit. Cosmetic work in existing locations typically does not.

For projects under 100 m² that are fully zoning-compliant, the City’s FASTRACK program approves permits in 5–10 business days. The standard review queue runs longer. If a variance is required, the file goes to the Committee of Adjustment, adding 3–6 months to the pre-construction timeline.

For the full permit process, see our Toronto Building Permit Guide.

Permit fees

Toronto permit fees for condo renovations in 2026 range from $500 for minor work to $5,000+ for full-unit renovations involving multiple plumbing and electrical scopes. These are typically itemized separately from contractor fees in your quote.

Condo renovation cost by Toronto building class

Cost varies significantly by building age, class, and management standards.

Class A — newer luxury buildings (Yorkville, King West, South Core)

Stricter board requirements, higher insurance thresholds, controlled elevator access, and detailed material approvals push project costs to the upper end of the typical range. Plumbing and electrical relocations are often prohibited or heavily restricted. Budget $250–$300 per sq ft for full-scope luxury renovations.

Class B — established mid-rise (Forest Hill, Rosedale, Annex condos)

Generally, more renovation-friendly than Class A, with reasonable approval timelines and standard insurance requirements. Some flexibility on plumbing relocation, depending on stack access. Budget $180–$250 per sq ft for mid-range to luxury renovations.

Class C — older high-rise and pre-1990 buildings

Often the most renovation-friendly from a board perspective, but may require additional engineering assessment for plumbing, electrical, or structural changes due to age. Budget $100–$180 per sq ft for full renovations, with potential added cost for code-compliance upgrades.

Timeline: from board submission to move-in

Plan for 4–10 months total from initial consultation to final walkthrough on a typical condo renovation:

Design and drawings: 3–5 weeks
Condo board submission and approval: 4–10 weeks
City of Toronto permit application: 2–6 weeks (FASTRACK can be 5–10 business days)
Material procurement: 4–10 weeks (longest lead time is custom cabinetry)
Active construction: 4–8 weeks for single-area renovations, 8–14 weeks for full-unit renovations

Approval and procurement run in parallel, where possible, to compress the total timeline. The single biggest schedule risk is the custom cabinetry lead time — confirming your cabinet specification early protects your move-in date more than any other decision.

Why fixed pricing matters for condo renovations

Condo renovations have more cost variables than detached home renovations — board fees, elevator bookings, insurance riders, working-hour premiums, and disposal logistics. Estimate-based quotes leave room for all of these to surface as line-item charges during construction.

A fixed-price contract bundles all known costs — including condo-specific overhead — into a single transparent number before work begins. You only pay extra if you voluntarily add scope. This is especially valuable in condo work, where small surprises during construction can compound quickly without proper pre-construction planning.

Maserat has been WSIB-certified and Family-Run since 2017, with 50+ completed projects and a 4.9 Google rating. Every condo project includes a fixed-price quote, a dedicated project manager, and full board approval handling.

Return on investment for condo renovations

Condo renovations in Toronto typically recover 60–80% of the investment in resale value, with kitchens and bathrooms returning the strongest gains. Specific returns vary by neighbourhood and building class:

Yorkville and Forest Hill condos: 70–80% ROI on luxury kitchen and bathroom renovations
King West and South Core: 60–75% ROI on mid-range full-unit renovations
Older buildings in Annex and Rosedale: 60–70% ROI, with the strongest returns when renovations resolve dated finishes that would otherwise discount the unit

ROI is rarely the only consideration in condo renovation. Most Toronto homeowners renovate for liveability and personalization first, with resale recovery as a secondary benefit.

Ready to plan your condo renovation?

Every condo renovation is different — board requirements, building access, plumbing constraints, and your personal scope all affect the final number. The most efficient way to get an accurate budget is a free in-unit consultation where we assess what your building allows, what your unit needs, and what scope makes sense for your goals.

You can also explore our condo bathroom and condo kitchen renovation services for area-specific pricing.

Book your free consultation or call us at (416) 876-1052.

Related reading

Condo Kitchen Renovation Cost in Toronto — 2026 Guide

Condo Renovation Rules in Ontario (2026)

Parisian Condo Bathroom Renovation Toronto

Toronto Building Permit Guide 2026

Condo Renovations Service Page