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5 Best Basement Renovations in Toronto (2026)

Independently ranked by our review of ratings, reviews and reputation · How we chose

Brad Smith
By Brad Smith, Home Services Expert · ✓ Data verified July 2026 · 8 min read

Basement renovations in Toronto rarely start with paint colors. They start with whether the space is dry, level, and structurally sound enough to build on. The contractors here split into two camps, the ones who fix the foundation and water problems first, and the ones who finish the room once it's ready, and one name below has racked up 448 reviews doing exactly that kind of work. Here's who ranks highest in each.

Short answer: Royal Work Basement Waterproofing Toronto leads with a perfect 5.0 rating across 448 reviews, the deepest track record on this list, built on waterproofing, underpinning, and foundation repair. CD Flood & Sewer (5.0, 386 reviews) and Assured Basements (4.4, 162 reviews) round out the top three, and Assured is the one true full-service basement renovation contractor here. Royal Work's own site lists waterproofing starting from $70.
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How Toronto's Basement Contractors Stack Up

# Business Rating Reviews Best for
1 Royal Work Basement Waterproofing Toronto 5.0 448 Waterproofing and foundation prep before a renovation View ›
2 CD Flood & Sewer Water Damage Cleanup 5.0 386 Water damage restoration after a flood or leak View ›
3 Assured Basements (Basement Renovation Contractors) 4.4 162 Full basement renovations and legal basement suites View ›
4 The Foundation Kings Ltd. 5.0 82 Underpinning and structural basement work View ›
5 Acon Renovations 4.9 75 General home renovations, including basements View ›
5 Best Basement Renovations in Toronto (2026)

Our top picks for basement work in Toronto

Royal Work Basement Waterproofing Toronto logo
#1 Overall🕑 Open 7 days↩ Responds to reviews

Royal Work Basement Waterproofing Toronto

5.0448 Google reviews

Royal Work Basement Waterproofing Toronto is a Queens Quay-based waterproofing and drainage contractor, handling exterior and interior waterproofing, foundation repair, underpinning, basement lowering, and sump pump installation across the city. The company's own site lists starting prices from $70 and details City of Toronto rebate programs clients may qualify for. Reviewers describe crews handling century-old foundations as carefully as new builds, and the team is often the first call homeowners make after a basement flood. If your renovation starts with a wet or unfinished space, this is the kind of contractor that gets it dry and structurally sound first.

What people praise

  • Reviewers say crews leave the job site clean, even after messy excavation work
  • Multiple reviewers praise the team for handling century-plus-old foundations carefully
  • Clients say quotes are explained clearly, including insurance and rebate options
  • Several jobs finished faster than the quoted timeline

Worth knowing

  • Handles waterproofing and foundation work rather than interior finishing, so you may need a second contractor for drywall and flooring
Reputation scorecardrank in Toronto
Rating5 / 5
Review volume448 · 97th
Confidencehigh
Recency6 weeks ago
Info completenesssite · phone · hours
Rating breakdown99% 5-star
✓ VerifiedSource: Google

Our take: Royal Work tops our list on the deepest review base here, 448 reviews at a perfect 5.0, plus real specialization in the waterproofing and foundation work that has to happen before any basement finishing begins.

230 Queens Quay W, Toronto, ON M5J 2X1

CD Flood & Sewer Water Damage Cleanup logo
#2🕑 Open 7 days

CD Flood & Sewer Water Damage Cleanup

5.0386 Google reviews

CD Flood & Sewer Water Damage Cleanup is a Bloor Street restoration company specializing in cleanup after basement floods, sewer backups, and burst pipes. Google lists it as a water damage restoration service and bathroom remodeler. Reviewers consistently name technician Mark as the person who handles jobs directly, from drying out flooded basements to sanitizing and restoring the space afterward. This isn't a full basement-finishing contractor; it's the company you call first when water has already done the damage.

What people praise

  • Reviewers describe fast, same-day response after a flood or leak
  • One named technician handles most jobs directly and gets repeated praise
  • Clients say the space was restored to look like nothing happened
  • Multiple reviewers mention thorough drying that prevented lingering moisture

Worth knowing

  • Its five most recent reviews we found are all from over a year ago, so ask about current availability before you book
Reputation scorecardrank in Toronto
Rating5 / 5
Review volume386 · 92th
Confidencehigh
Recencyabout a year ago
Info completenesssite · phone · hours
Rating breakdown98% 5-star
✓ VerifiedSource: Google

Our take: CD Flood & Sewer ranks second on a flawless 5.0 across nearly 400 reviews, a strong pick specifically for the disaster-recovery side of basement work, less so if you're starting a renovation from a dry, undamaged space.

77 Bloor St W Suite 636, Toronto, ON M5S 1M2

Assured Basements (Basement Renovation Contractors) logo
#3🕑 Open 6 days/wk↩ Responds to reviews

Assured Basements (Basement Renovation Contractors)

4.4162 Google reviews

Assured Basements is a North York-based construction company that specializes specifically in basement renovation, remodelling, restoration, and finishing, including legal second-dwelling suites with full permits and inspections. The company runs an in-house design studio, led by designer Alejandra according to one detailed review, and offers financing options for larger projects. One reviewer describes a full legal basement apartment build, complete with new plumbing, electrical, and a separate entrance, passing every city inspection. This is the closest match on our list to a true full-service basement renovation contractor.

What people praise

  • Reviewers praise the in-house design studio for matching the final result to the original plan
  • Multiple named staff, including project managers and a construction manager, get individual praise across reviews
  • Clients say the crew stayed on schedule even on multi-month legal-suite builds
  • One reviewer specifically credits the team with clearing a strict city inspection on every point required for a legal suite

Worth knowing

  • Rated slightly lower than others on this list (4.4 vs 4.9-5.0); one reviewer recommends getting the full budget in writing upfront to avoid surprises on higher-end finishes
Reputation scorecardrank in Toronto
Rating4.4 / 5
Review volume162 · 87th
Confidencemoderate
Recency7 weeks ago
Info completenesssite · phone · hours
Rating breakdown81% 5-star
✓ VerifiedSource: Google

Our take: Assured Basements ranks third with a slightly lower average than the rest of this list, but it's genuinely the only contractor here whose entire business is basement renovation, including legal suites, which is worth the trade-off for a lot of homeowners.

1111 Finch Ave W Unit 5, North York, ON M3J 2E5

The Foundation Kings Ltd. logo
#4🕑 Open 6 days/wk↩ Responds to reviews

The Foundation Kings Ltd.

5.082 Google reviews

The Foundation Kings is a Toronto construction company focused on basement underpinning, foundation work, and building walkout basements. Reviewers describe owner Jamie personally managing projects and coordinating trades so homeowners stay hands-off during the work. One detailed review lists a full underpinning project that added 8-foot ceilings, a new steel beam, waterproofing, and heated floors, expanding the livable footprint of a basement. Like Royal Work, this is a structural specialist rather than a full interior-finishing contractor.

What people praise

  • Every review in our sample is a perfect 5-star with detailed, specific praise
  • Reviewers say owner Jamie personally arranges and oversees the whole project
  • Clients describe jobs finishing ahead of schedule
  • Multiple reviewers say they compared several companies before choosing this one

Worth knowing

  • This is a structural underpinning specialist, so a full interior finish, flooring, drywall, a bathroom, will likely need a separate finishing contractor
Reputation scorecardrank in Toronto
Rating5 / 5
Review volume82 · 71th
Confidencemoderate
Recency3 months ago
Info completenesssite · phone · hours
Rating breakdown100% 5-star
✓ VerifiedSource: Google

Our take: The Foundation Kings ranks fourth on a perfect rating, though with fewer reviews than the top three, still a strong, specific pick if structural underpinning is what your basement actually needs.

34 Minowan Miikan Ln, Toronto, ON M6J 0G3

Acon Renovations logo
#5🕑 Open 7 days

Acon Renovations

4.975 Google reviews

Acon Renovations is a Toronto general renovation contractor covering whole-house projects, kitchens, bathrooms, and basement underpinning and remodelling, based on the Queensway. The company's own site says it's operated in Toronto and the GTA for around 15 years and takes an individual design approach per project. Reviewers describe multi-project relationships; several clients hired Acon two or three separate times for different rooms in the same home, including basement and bathroom work. It's a broader renovation generalist rather than a basement-only specialist.

What people praise

  • Multiple reviewers hired the company more than once for different rooms
  • Clients describe transparent pricing with no pressure to add unnecessary upgrades
  • Named staff, Mike and Paul, get repeated, specific praise
  • A local waterproofing contractor who worked alongside Acon on a joint project vouches for the collaboration

Worth knowing

  • Has the fewest reviews of the businesses on this list, so ask for basement-specific project photos before you commit
Reputation scorecardrank in Toronto
Rating4.9 / 5
Review volume75 · 66th
Confidenceearly
Recency8 weeks ago
Info completenesssite · phone · hours
Rating breakdown99% 5-star
✓ VerifiedSource: Google

Our take: Acon rounds out our list on strong, if smaller-sample, reviews. It's the generalist option here, a solid fit if you want the same crew for your basement and other rooms.

103 The Queensway, Toronto, ON M6S 5B3

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Watch: 5 Best Basement Renovations in Toronto (2026)

How we scored this list

We compared every basement renovation, waterproofing, and foundation contractor in Toronto with a real, public Google presence, then ranked by live rating, review volume, and how recently people are still leaving reviews. Confidence blends rating and volume, so a smaller company’s perfect score is weighed fairly against a bigger one with hundreds more reviews. No contractor can pay to change these numbers.

How much does a basement renovation cost in Toronto? (2026)

Basement project costs in Toronto range enormously depending on scope. Waterproofing alone costs far less than a full legal basement suite with new plumbing and electrical. Get at least two or three quotes before committing, since the businesses on this list range from waterproofing specialists to full-service renovation contractors.

JobTypical price
Basement waterproofing (starting price)From $70

Starting price per Royal Work Basement Waterproofing Toronto’s own published site (verified July 2026); full renovation costs vary too widely by scope for a reliable general figure without a specific quote.

Serving all of Toronto

These contractors cover the whole city, from downtown near Queens Quay and Bloor Street to North York and along the Queensway. Wherever your basement is, a Toronto basement renovation near me search should turn up at least one of these five within reach.

What to ask before hiring a basement renovation contractor

  • Do you handle waterproofing and structural work, interior finishing, or both?
  • Is a permit required for my project, and will you pull it?
  • What’s included in the quote, and what counts as an upgrade?
  • How long will the project realistically take from start to finish?
  • What warranty do you offer on waterproofing or structural work?
  • Can I see photos of a basement project similar in scope to mine?

Frequently asked questions

Are these rankings paid?

No. Rankings come from public Google data. A business can pay to be a Featured Partner (badge + top placement), but that never changes another business’s score or position.

How did you choose these contractors?

We compared every basement renovation, waterproofing, and foundation company in Toronto with a public Google listing, then ranked by real rating, review volume, and recency.

How often is this updated?

We last verified this list in July 2026.

Do I need a waterproofing company and a renovation contractor, or just one?

It depends on your basement’s condition. If it’s dry and structurally sound, a general renovation contractor like Acon or Assured Basements can handle the whole job. If you have water or foundation issues first, a specialist like Royal Work or The Foundation Kings typically needs to fix that before finishing work starts.

Do I need a permit for a basement renovation in Toronto?

Most structural work, like underpinning, new plumbing, or a legal basement suite, requires a City of Toronto permit. Simple cosmetic finishing usually doesn’t. Ask your contractor directly and confirm they’ll pull any required permits.

The bottom line

If your basement is already dry and just needs finishing, Assured Basements or Acon Renovations cover that end to end. If you’re dealing with water, a cracked foundation, or need more ceiling height first, start with Royal Work or The Foundation Kings before you pick paint colors.

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