Markup on Costs for a home renovation in Toronto

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Posted by: from Toronto
1/25/2012 at 11:57:02 AM


Really a general type question, but here goes...

I would imagine it varies greatly, but generally what would be a mark-up to costs charged by a home renovation contractor in the Danforth area in Toronto? For example, if costs are approximately $450K (materials, permits, etc.), what would be the typical mark-up (including labour).

Would $565K be within a reasonable charge? (i.e., 20% to 25%).

Thanks. PH

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Date/Time1/25/2012 at 12:33:21 PM

There is no typical markup, and I don't think you'll find anybody to tell you the truth either, retailers would never tell you there profit margin.

Take wood flooring for example the labour is usually the same but the materials can cost from $3- $8 a foot and beyond.

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Jack in Toronto
Date/Time6/4/2012 at 5:06:53 AM

yes I think it,s reasonable price including labor charge..

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Ricky in Quebec
Date/Time7/3/2012 at 6:02:02 AM

I totally agree with James. It's all depends on you because you are the selector of materials to be used.

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