Basement Renovations

The Best Basement Finishing Company in the Greater Toronto Area.

Why customers love their Basement Reno.

Our basement renovations include 3D plans and finishing options for every style and budget, curated by top interior designers who bring only the best ideas.

Homestars Reno Rocket Award 2021
Mojdah A.
I am very happy with my home renovation it was open concept kitchen the team was excellent and I love ❤️ the outcome and design
Johanny L.
I met Domenic through a colleague who spoke highly of his distinctive expertise as a realtor-contractor. From the outset, he exhibited remarkable patience, guiding me through various properties with renovation potential until we found the ideal home for a transformation. We secured a great price at the time and an extended closing period.With Domenic's guidance and the support of his design team, we navigated through the permit process, and by May, construction was underway. The extensive remodel was not only our entire home but also included the creation of a basement apartment, now thriving on Airbnb (a nod of gratitude to Domenic for that brilliant suggestion 😉).Domenic's choice of collaborators through Reno Rocket was nothing short of exceptional. From the interior designers to the framing team, painters, carpenters, and beyond, each member showcased skill and dedication. Their collective effort transformed our vision into a reality that surpassed our expectations. We still can’t believe we get to live here!For anyone seeking a team of competent and qualified professionals, I wholeheartedly recommend reaching out to Domenic. The commitment to excellence, coupled with a seamless blend of real estate and construction expertise, makes them a unique and standout choice for sure.David and Ken
Davide P.
Would highly recommend.
Gregory O.
I found RenoRocket on google after being disappointed by other vendors who had come in to quote. I was looking to partner with a company who would understand my needs, be open to feedback and communicate well. It was about the relationship and RR delivered. From my first phone call, to the sales visit, to designing the project I was reassured we made the right choice. A project of this scale will not comeWithout hurdles but there was never any conflict, blaming, or animosity. Each issue was resolved maturely, calmly and with open communication. I’ve had work done around the house before but the team at RR is definitely the nicest folks I’ve worked with. We love our basement and our vision came to life as expected. Would definitely work with them again without a second thought.
Vidhi H
Fantastic service; they provided an excellent recommendation, and the execution was perfect.I have done 4 renos in my house and this one was by far our best experience; 100% recommended
Ricardo P.
We have recently made our basement ( personal use) with Reno rocket. They are amazing. Every person that came to our house is professional, always on time they are very responsive to any of our concerns or questions. They have a wonderful team and I would definitely recommend this company for any kind of renovation they do kitchen bathroom basement.
Amna P.
We recently completed our basement renovation with Reno Rocket. From start to finish they have been thorough, honest and cared about the quality of workmanship. We’re SO happy with the end result and would hire them again.
Karen B.
We had a great experience with them. We fired a previous contractor, and these guys saved our reno. They were upfront about timeline and cost, and the standard of finish was excellent. We have small kids, and everyone they brought through was kind and patient as well.
Adam K.
Elias and the team do great work, great guys.
Serguei M.
Reno Rocket did some renovations in my home related to previous water damage. They did an accurate and fair assessment of the situation. They explained what to expect before starting the job and there were no negative surprises. They were on time starting and finishing, which is not something that you hear every day with other contractors. Their execution was surgically clean and the results were impeccable. I have no reservations to recommend them to anyone.
Pablo K.
100% recommended. Great work and great service at a reasonable cost.
Leonardo H.
Domenic C.
Big thank you to John, Domenic and the Rocket crew for renovating our bathrooms. True pros, unbelievable cleanliness and super design savvy. My wife is ecstatic!
Dave G.
Excellent design and materials. I used them for my shared bathroom and will hire them again.
Chauchy R.
Had our basement done before Christmas. Great team, quality and design. Will definitely recommend and use for future projects.
Carlo L
Elias and his team renovated our gym and completed a very clean and professional job. On time which is very rare in this industry.they also provided great advices and things we did not think about that made a huge difference. Our business is striving even more !thank you Reno Rocket !
FloFit A.
I’m very happy with the work of this company, they are responsible people, very professional and the work is of excellent quality!!!
Laura Camila P.
Very polite guys before and after doing business! Then excellent Reno job in my basement. Thanks guys!
Jhoann Montes de O.
Easy to work with and straightforward people, will recommend to others in future for sure. They exceeded my expectations. Elias and Dom educated me in great extend to maintain basement in mint condition for the years to come, thanks!
Jorge P.
Excellent company. Very serious people. Good price and quality. I strongly recommend it! They did my bathroom renovation and it looks awesome . Finished on the estimated time. Just a few reno companies pay attention to little details like this one.
Samuel P.
Reno did such a good job in my basement. He is very responsible and hardworking.100% recommended
Roberth W.
Nothing but great things to say about this company! They did a kitchen renovation plus paint for my apartment and I was extremely happy with the results. The crew is professional, VERY clean, well educated, responsible and always willing to give the best suggestions that will fit with your needs. They worked quickly and carefully as well as efficiently. I would definitely recommend to anyone looking for work done inside and outside their homes.
Marilena P.
11/10 extraordinary service. Would highly recommend it!
Gabriel C.
Great attention to detail! They made my remodelation process very smooth. I'll use them for my next project
Maria G.
Topaasi E.
Great service! very professional and excellent quality!Highly recommended !!
Dionisio R.
Great renovation work.The services of this company is amazing and very helpful.Keep the hard work
Andres Alejandro Jatar G.
excellent service! would use reno again to do my others renovations
Victoria Sofia Reyes J
Amazing service. A very professional and helpful team.
Julieta L.
Great services. Would highly recommend this company again!
Beatriz F.
best construction company ever!! you made my dream come true! my kitchen is looking gorgeous thanks to all the professionals that put they best effort to creat the kitchen of my dreams!!! thanks to reno rocket now I can invite some friends and family to enjoy and spend time together cooking with my lovely kitchen!!
Julie F.
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Why Basement Windows Are Important

How To Choose Basement Color Paint

What is the Best Subfloor for a Basement

Best Methods for Insulating Basement Walls

Basement Renovation Service Areas.

Halton Hills

Milton

Burlington

Oakville

Brampton

Mississauga

Vaughan

City of Toronto

Richmond Hill

Aurora

New Market

Markham

Whitchurch-Stouffville

Pickering

Ajax

Whitby

FAQs.

Will home Renovation go down in 2023?

Home renovation prices can be affected by various factors such as material costs, labor costs, supply and demand, economic conditions, and government regulations. In general, if the demand for home renovation projects decreases, the prices may go down. On the other hand, if the demand increases while the supply remains low, prices may rise.

It’s also worth noting that the COVID-19 pandemic has significantly impacted the home renovation industry, causing disruptions in the supply chain and increasing material costs. While the situation is slowly improving, it’s difficult to predict how long it will take for the market to stabilize. Labor shortages during this time have also produced an increase in labor rates. Therefore, predicting whether home renovation prices will go down in 2023 is challenging as market dynamics are ever-shifting, however, it’s essential to get quotes from professional and established companies and do your research to get the best value for your particular project.

Will the basement be tax deductible?

There are a few situations where you may be able to claim a tax credit or deduction related to a basement renovation. If you are renovating to accommodate a disability you may be eligible for the Home Accessibility Tax Credit, which can help offset some of the costs of the renovations. A new Multigenerational Home Renovation tax credit is expected in 2023 for families wishing to add a secondary unit to their home for the purpose of allowing an immediate or extended family member to live with them. Families will be able to claim a 15% tax credit for up to $50,000 in renovation and construction costs. Also, New basement insulation can be credited up to $5,000. Additionally, if you are renovating a rental property, you may be able to deduct some of the renovation expenses as a business expense. It’s always a good idea to consult with a professional construction company for current programs and tax professionals to determine if you are eligible for any tax credits or deductions related to your renovation.

Will my basement finish add value to the property?

In general, a finished basement can add value to a property, however, the amount of value added can vary depending on several factors, such as the quality of the renovation, the size of the basement, if it is legally conforming and local real estate market conditions. A well-designed and high-quality finished basement that provides additional living space can be attractive to potential buyers and increase the overall value of the property.

A well-designed and high-quality finished second suite will generate monthly cashflow and add significant value to the property. This is particularly true in areas where the cost of real estate is high and additional living space and affordable accommodations are in demand. On the other hand, if the renovation is poorly done or the basement is small and cramped, it may not add as much value to the property. In some cases, an unfinished basement that is in good condition and can be easily converted may be more appealing to potential buyers than a poorly executed finished basement.

Why is the basement cold?

Basements are often colder than the rest of the house for a few reasons:

Lack of insulation: Basements are typically below ground level and are surrounded by cold earth, which means they tend to be colder than the rest of the house. Additionally, many older homes were built without adequate insulation in the basement, which can make it even colder.

Poor ventilation: Since basements are below ground level, they tend to have less natural ventilation than other parts of the house. Poor ventilation can lead to moisture buildup, which can make the basement feel even colder.

Drafts: Basements can have drafts from windows, doors, and other areas where air can enter or escape. These drafts can make the space feel colder and less comfortable.

Inefficient heating: In some cases, the heating system may not be properly sized or installed in the basement, or it may not be running efficiently. This can lead to uneven heating and cooling throughout the house, including the basement.

Professionally finishing your basement will make it more comfortable by adding insulation, improving ventilation and sealing any drafts. It is critical to work with an experienced company that has an established track record of making cold basements warm and liveable.

How can do basement renovations pay off?

There are several ways you can finance your basement renovation:

Personal savings: If you have enough personal savings, you may be able to pay for your basement renovation outright.

Home equity loan: If you have built up equity in your home, you may be able to take out a home equity loan to finance your renovation. This type of loan allows you to borrow against the equity in your home and typically has lower interest rates than other types of loans. Professional construction companies may be able to assist you with this process. Just ask!

Home equity line of credit (HELOC): A HELOC is another way to borrow against the equity in your home. It allows you to borrow money as needed and typically has a lower interest rate than a credit card or personal loan.

Personal loan: You may also be able to take out a personal loan to finance your basement renovation. Personal loans generally have higher interest rates than home equity loans or HELOCs.

Credit card: If you only need to finance a small portion of your renovation, you may be able to use a credit card with a low interest rate or promotional offer to pay for the work.

It’s important to weigh the pros and cons of each financing option and to choose the one that makes the most sense for your financial situation. Additionally, it’s essential to get quotes from professional and established company’s and do your research to get the best value for your particular project.

How much for a basement renovation?

The cost of a basement renovation) can vary widely depending on several factors, including the size of the basement, the scope of the renovation, and the materials and finishes used. However, to give you a rough idea of the cost, here are some estimates based on industry standards and average costs:

Basic renovation: A basic renovation, which may include painting, installing new flooring, and updating lighting fixtures, can cost anywhere from $15,000 to $30,000.

Mid-range renovation: A mid-range renovation, which may include adding an additional bathroom or bedroom, installing a new staircase, and upgrading plumbing and electrical systems, can cost anywhere from $30,000 to $75,000.

High-end renovation: A high-end renovation, which may include adding high-end finishes, custom cabinetry, and a full kitchen, can cost $75,000 or more.

Second suites: A legally complying second suite (rental unit) which may included structural work such as separate entrances and enlarges windows, upgrading plumbing, electrical and HVAC systems, full kitchen, bathroom and bedroom, can also cost $75,000 or more.

It’s important to keep in mind that these estimates are just general guidelines, and the actual cost of your basement renovation will depend on a variety of factors specific to your project. It’s always a good idea to get quotes from professional and established company’s and to have a clear understanding of the scope of work and materials to be used before starting the project.

Hi there, let’s start with your free consultation!

With Reno Rocket, you’ll work with a local expert to plan your project and you will receive:

 

  • Free 3D Design.
  • Transparent itemized estimate.
  • Competitive price-matching.