Cost guides · Toronto · updated Oct 2026

How much does building a new house cost in Toronto?

Declared construction values on Toronto new-house permits — custom infill and rebuilds after a teardown.

$900K median declared value
$500K–$1.2M middle 50% of projects
2,212 permits in the sample
Distribution

The full spread, not an average

PercentileDeclared value
P25 — smaller jobs$500K
Median$900K
P75 — larger jobs$1.2M
Largest in sample$16.8M

2,212 permits with a declared value, trailing 36 months. Medians and quartiles only — one outlier can't move them.

Per square foot

Why there is no $/SF figure here

We publish a per-square-foot rate only where floor area is what the price actually scales with. For this work the correlation between area and declared value is 0.40 — too weak for a rate to predict your project. Multiplying your floor area by a published $/SF number would produce a confident-looking figure that the underlying permits do not support, so we show the value distribution instead.

What moves the number

Why two of these quote differently

  • Floor area and storeys, plus whether a basement is walkout or underpinned.
  • Site constraints — infill lots mean shoring, hoarding and no laydown area.
  • Structure and envelope choices; steel beams and large glazing openings move the number quickly.
  • Demolition and servicing of the old dwelling, usually permitted separately.
Recent permits

Check it against the record

AppliedAddressDeclared value
Oct 2026 22 GLEN CEDAR RD
Proposed 3 storey sigle family dwelling.
$1,500,000
Oct 2026 9 LYNDALE DR
Proposal for a new 2 storey house with basement dwelling unit.
$900,000
Oct 2026 180 WOLFREY AVE
Demolition of an existing house and construction of a new single-family detached dwelling.
$1,000,000
Oct 2026 9 DOWNING ST
Proposal to demolish existing dwelling for new construction of 2 storey 4 unit...
$800,000
Method

Where these numbers come from

Declared construction values on City of Toronto building permits (tier C), trailing 36 months, minimum 12 permits before a guide is published. A declared value is what the applicant stated the work is worth — it can sit below final hard cost, which is exactly why GROUND also publishes awarded contract prices.

Declared values on custom homes are known to run below final hard cost — treat them as a floor, not a market price.

Data: Open Government Licence — Toronto. Recomputed automatically as new permits land; the figures above are current as of October 17, 2026.

GROUND services · Toronto & GTA

Pricing a project like this?

The numbers above are the market. For your project specifically — your address, your scope — we'll read the comparables, flag the permits you'll need, and check any quote you've been given against real awarded prices.

Free, no obligation. If you ask for introductions, your request goes only to the contractors we match — never onto a list.
More cost guides

Interior fit-outs · Underpinning · Laneway & garden suites · Additions · Garages · Second suites