Industrial & warehouse alteration cost — Toronto & GTA
Computed from 275 classified Toronto building permits over the trailing 24 months — quartiles of declared permit values from the public record, never averages, vendor quotes or blog-post ranges.
Declared permit value
| Percentile | Declared value |
|---|---|
| P25 — smaller projects | $50K |
| Median | $180K |
| P75 — larger projects | $950K |
| Largest in window | $77.8M |
275 comparables · declared values from Toronto building permits, trailing 24 months.
Declared permit value per SF
| Percentile | Declared $/SF |
|---|---|
| P25 | $52 |
| Median | $135 |
| P75 | $293 |
138 permits with credible declared gross floor area. The denominator is the permit's declared GFA (all use classes summed); rates outside $20–$3,000/SF are discarded.
Size changes the number
| Size band | Projects | Declared $/SF · P25 | Median | P75 |
|---|---|---|---|---|
| < 5K SF | 75 | $59 | $155 | $384 |
| 5–10K SF | 25 | $34 | $74 | $139 |
| 10–25K SF | 23 | $81 | $136 | $205 |
| 25–50K SF | 9 | $107 | $171 | $534 |
What these numbers are — and aren't
Every figure is a declared construction value from a Toronto building permit, classified by GROUND's cost taxonomy (minimum 8 comparables per published category) over the trailing 24 months. Declared values can understate actual hard cost — awarded-contract benchmarks (tiers A/A+) arrive with award ingestion and will recalibrate these numbers where declarations run low. Full tier system and every category: GROUND Cost Index →
Getting quotes for this kind of work?
These benchmarks are the market-wide picture. For your project we'll read the comparables at your size and location, flag the permits you'll need, and check any quote against real awarded prices.
Residential addition & renovation · Office fit-out · Single detached & new houses · Underpinning & basement lowering · Laneway & garden suites · Restaurant fit-out · Multiplex (new) · Secondary suites · Retail fit-out · Institutional alteration · Medical & dental fit-out · Commercial interior (other) · New industrial building · Demolition