The area is 500-600sq/ft of unfinished basement. Looking for the complete cost of build. The new built basement should include small kitchen, 2 small bedrooms, full bath, small common room, laundry rough-in, 1 separate entrance, egress window ; per Brampton code.
The price will largely depend on two factors.
Quality of materials and finishing you are looking for and the level of experience /quality contractor you will hire.
For good quality materials and experienced trades with no shortcuts you should expect pay $60 square foot
Some will do it for less but at the end you always get what you pay for when it comes to renovations.
Home Renovation Team
The cost of permit drawings is usually anywhere between $1500 to $2500 plus HST tax for basements under 800 sqft. $1500 is for the drawings without showing the separate entrance and $2500 is including the drawing for separate entrance.
The cost of construction for finishing your basement based on the size you have provided if it's 600 sqft then you are looking at anywhere between 26k to 40k depending on your desired finishes. 26k includes all the basic material such as laminate flooring and 40k includes tiles flooring and better material for your basement.
You can get some decent space for about 25k, add in factors of 15k to develop and finish the kitchen and bath.
Egress window,depending on exterior grades and type of window well can be completed for a further 3-5k and a separate entrance, complete with door and exterior staircase would likely start at 15k. Lots of factors can come into play that can influence the cost of the project you speak of.
Hope this helps
500 to 600 sq ft and you want all that??? I have to question whether this is large enough.
Anyways separate entrance $15,000 2 egress windows with window wells allowing for walk out $1000 each
Kitchen Ikea cheap and good $100 per linear foot (12 feet in length with 30 inch sink $1200 )full bathroom $15,000, Plumbing all $6,000 to $8,000. Pictures of space would be nice but lets say $60 per sq ft to finish nicely.
$45,000 to $60,000 rental income $1600 to 2000 / month and will pays off in 2 years 4 months..
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