Basement Renovations
We’ve revamped the entire basement renovation process from the ground up.
Our basement renovation services include
Basement finishing and remodelling.
Legal basement apartment
Custom basement design and layout optimization
Efficient and timely installation
Waterproofing and moisture control
“Canada requires about 3.5 million additional housing units by 2030 to restore affordability” — CMHC
As one of the leading renovation companies in Toronto, we understand that every homeowner has different needs and preferences when it comes to basement design. That’s why we offer personalized services to suit your specific requirements, whether you’re looking to transform your basement into a home office, a gym, an entertainment space, or a second unit dwelling for profit.
The average payoff period for a basement rental in Canada varies based on location and costs. In the GTA, basement rental income typically ranges from $1,800 to $2,600 per month. This means your investment can start contributing to mortgage payments within a few years, depending on rental rates and renovation expenses!
There are many steps involved in making this happen, and that’s where we come in. From concept and design to permits, construction, inspections, and obtaining the certificate of completion—we’re here to guide you through the entire process and help you start earning rental income.
Content from CMHC. Full article here
Design
We’ve reimagined the basement renovation experience
Design
Beautiful Basement Packages
Our curated design packages offer a variety of styles from classic to contemporary to modern. Start with your favourite and mix and match products to create a truly personalized space for personal or rental use.
experience
Expert Renovation in GTA
At CMY Renovations, we offer a wide range of professional bathroom renovation services to help transform your space into a luxurious retreat. Whether you have a small bathroom that needs a fresh update or a larger area that requires a complete remodel, we have the expertise to deliver outstanding results.
method
Work with our experienced contractors
Our experienced team use the latest technology and materials to Change to basement renovation to the highest standard and within your desired cost range.
Every Model Living renovation comes with
Ongoing Support
From design to construction, we're here with you every step of the way.
Material Procurement
Our CMY Renovations dedicated procurement team orders, inspects, warehouses, and delivers your materials.
Vetted Contractors
With plans and materials in place, you'll be thrilled with the team of trades people our our network to delivery your project.
What our clients say about us
Pavlo P2025-08-05Trustindex verifies that the original source of the review is Google. Best contractor, helped us with our basement problem. Saved a lot of money. Sarah Tutty2025-07-22Trustindex verifies that the original source of the review is Google. My summarized review is that Colton’s team at CMY is a crew of trustworthy craftsmen who take pride in their work; seasoned project managers who are adept to finding solutions and keeping you informed every step of the way; and designers capable of understanding your vision and providing you with thoughtful suggestions and quality options at multiple price points. Everyone we interacted with throughout the renovation made us feel at ease and in good hands, a tone we believe Colten sets from the top. CMY is worth every penny if you’re looking for quality work done in a timely fashion, free of hassle and hidden costs. It’ll be the best money you spend with a contractor, guaranteed. CMY did an incredible job renovating our ensuite bathroom and will begin work on our guest bathroom shortly. We sincerely look forward to working with them again in the near future when we reno our upstairs living/dining area and kitchen. For the full story of how CMY went above and beyond for us, please take 2 more minutes to read about what happened when our Condo building management sent notice to pause all renovations, when we were halfway through ours… We were three weeks into gutting our ensuite bathroom, already ahead of schedule, when our building gave notice to pause all renovations due to a hot and cold water riser replacement project. Unreal. What unfolded from here was a month of waiting for more information (at this point, reno is fully paused and we’re living in a construction site), to back and forth with the building on when the work would begin and whether or not we could skip the line to have our condo done first, given that both risers were exposed and accessible in our demo’d bathroom. This turned into a saga that spanned over a year. Throughout it all, Colton and our team were supportive and helped us find creative solutions to get through what proved to be a very challenging time, because on top of it all, we were expecting our first child who was born and then became a toddler while living in limbo and various stages of construction. Colton’s team got us back to a functional 2-piece en suite as soon as we gave them word to do so and waited patiently with us for more information. When it became clear that it would be a long wait for our unit’s position in the queue, we asked Colton to complete the renovation, accepting that we would need to cut out and replace one of the walls in our walk-in shower when our turn came up for riser replacement. We asked Colton’s team to put an order in for additional tile. Instead, and after prioritizing our work to start within two weeks of notice, Colton donated us spare large slab tiles for the one wall in our shower, which allowed us to put our nice, carefully chosen tiles aside to be used only after the risers were replaced, saving us hundreds of dollars. I think there are contractors who would have been irritated by our situation and how it inconvenienced them or made their job more difficult, and could have potentially made things more difficult for us and added to our considerable stress and costs. We’re so grateful to the team at CMY for how they helped us navigate our first home renovation that had more than its fair share of wrenches thrown into the mix. At no point did we ever feel anything other than patience and a sincere desire to help us from everyone we interacted with at CMY. While CMY has clients in dwellings of all kinds, I think that if you live in a condo, where you don’t control everything and, frankly, working with building management can be difficult, I would especially recommend CMY. Chad Springer2025-07-17Trustindex verifies that the original source of the review is Google. Was in a bind and needed a project done quickly. Colton was responsive, on time, and extremely clean while staying on budget. I would highly recommend them. kathy boutis2025-07-17Trustindex verifies that the original source of the review is Google. We had a superb experience with Colton, Roxanne, Katelyn, Courtney, and the entire construction crew. This was a complete renovation of bathroom and kitchen with installation of laundry upstairs. Excellent and transparent communication. Job completed on time and on budget. Highly recommend this amazing team! Sonia Handziuk2025-06-23Trustindex verifies that the original source of the review is Google. Fabulous experience with the crew from CMY Renovations and the owner Colton Young . Colton and his team worked tirelessly on our backyard demolition and relocation project. The team was thorough, efficient and easy to communicate with. Thank you for treating our small renovation project with such attention to detail. I highly recommend Colton and his team for major and minor renovations. Alice Phan2025-05-02Trustindex verifies that the original source of the review is Google. Working with CMY was an absolute pleasure from start to finish. They were incredibly attentive, professional, and quick to respond throughout the entire process. Their expertise really showed in the thoughtful recommendations they offered, and they always took the time to listen to our ideas and incorporate feedback. Even with last-minute changes, they remained flexible and accommodating. I wouldn’t hesitate to work with them again and highly recommend their services! Wenke Schliemann2025-04-04Trustindex verifies that the original source of the review is Google. The service from CMY was excellent, from the moment I got a call letting me know they were on the way, to the time that they picked up the garbage once everything was done. Omar was polite, and clear about what needed to be done and how long it would take. He took unexpected problems in stride, and solved the issues that came up. The work done was excellent. The patch on my ceiling blends in so well that I can't tell it was ever damaged. I would trust any member of the CMY team to come to my house and fix anything, Thanks again. S B2025-03-30Trustindex verifies that the original source of the review is Google. Not only did CMY renovations present us with honest, quality, and affordable options for renovating our property, they were also knowledgeable, professional, and efficient. For example, while redoing our floors, the crew discovered multiple layers of tile beneath our flooring. Rather than take the easy route, Colton and his team removed all the layers of old tile and started fresh. This fixed several levelling and stability issues we were having. This is just one example of the many fixes they had repaired to ensure the work being done would never need to be redone later. When hiring CMY Renovations, you are getting the best work money can buy and you will love how down to earth Colton and Courtney are. They care about you and your needs. Our renovations looks incredible! This is a business you can trust. Matthew Fabierkiewicz2025-03-25Trustindex verifies that the original source of the review is Google. Very Kind, polite, and efficient! Kristen Baker2025-03-14Trustindex verifies that the original source of the review is Google. Our experience with CMY Renovations has been nothing short of stellar. The first time we met Colton, we were immediately impressed with his passion, dedication, and honesty. He is very strict about having work done properly, to code, and with integrity. Him and his team were tasked with renovating our full basement during an emotional time (our 2nd basement flood in less than 2 years). They made the process infinitely easier than we ever could have imagined. Our project manager was Courtney, and she is an organizational dream. Every Friday we had next week’s plan communicated to us. If there was a deviation, or problem, we knew immediately. She also maintained the high standard of work that Colton impressed upon us when we met. As well, all the different workers who came to our house were true professionals. The quality of work done is great! Finally, Richie was punctual, had great communication leading up to our appointment, and was very professional. We are so thankful to have CMY Renovations treat our home like their own home. We have already recommended them to family and friends who may want renovations done in their home in future years. It was a pleasure working with them and we are so grateful to have our home back.
FAQ’s
If there’s something you want to know which isn’t here, please visit our FAQ page
How long does a bathroom renovation take?
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What is the difference between bathroom addition or bathroom remodelling or bathroom renovation?
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What are general price ranges for a 3 - 4 piece bathroom?
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How long does a bathroom renovation / bathroom remodelling take?
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Do you help with building approvals?
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What type of tiles should I choose for my bathroom? Options such as: Ceramic tile, porcelain tile, marble tile, slate tile, etc.
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Start with a free instant estimate for your project and discover how we’ve created a better way to renovate your Basement.