A 2026 Toronto full-gut renovation can range from a controlled interior rebuild to a complex structural project. Compare per-square-foot budgets, HST, permits, timelines and hidden costs before you sign.

Toronto HELP can finance eligible energy upgrades, but the $125,000 ceiling, CVA cap, mortgage consent, assessments and 11-payment tax schedule all affect what a homeowner can actually borrow.

Removing knob and tube wiring in Toronto may cost approximately $8,000 to more than $30,000, depending on the size of the home, accessibility, number of circuits, wall conditions and whether the work is completed as part of a larger renovation.