GROUND Cost Index · trailing 24 months · updated Oct 2026

Institutional alteration cost — Toronto & GTA

Computed from 452 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.

$350Kmedian declared permit value
$80K–$1.2Mmiddle 50% of projects (P25–P75)
$335/SFmedian declared permit value per SF
Distribution

Declared permit value

PercentileDeclared value
P25 — smaller projects$80K
Median$350K
P75 — larger projects$1.2M
Largest in window$258.3M

452 comparables · declared values from Toronto building permits, trailing 24 months.

Per square foot

Declared permit value per SF

PercentileDeclared $/SF
P25$131
Median$335
P75$737

200 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.

By project size

Size changes the number

Size bandProjects Declared $/SF · P25MedianP75
< 5K SF 138 $119 $309 $767
5–10K SF 24 $156 $284 $392
10–25K SF 13 $101 $323 $550
25–50K SF 9 $235 $505 $685
50–100K SF 8 $458 $622 $1,056
100K+ SF 8 $341 $427 $733
Methodology

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 →

GROUND services · Toronto & GTA

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More benchmarks

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 · Industrial & warehouse alteration · Medical & dental fit-out · Commercial interior (other) · New industrial building · Demolition