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.
The full spread, not an average
| Percentile | Declared 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.
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.
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.
Check it against the record
| Applied | Address | Declared 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 |
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.
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.
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