When building a new house in Ontario, the first thing that will come into your mind is the cost. You want to spend the lowest amount possible to get a high-quality house to fulfill your needs and lifestyle needs. So what’s the exact cost of building a house in Ontario?
The average cost to build a house in Ontario, Canada ranges from from multiple variables. For many Canadians, the dream of building a home is more appealing than just buying one. Building a home comes with many benefits, and if we’re being perfectly honest, some headaches.
Cost per Square Foot to Build a House in Ontario
When coming up with price quotes, Ontario custom home builders will determine prices within the $200 – $400 range. However, the price varies depending on size, location, and finishes.
(Note that one of the biggest factors affecting your estimated construction cost is whether you build a predesigned home or a custom-built home; predesigned homes will be cheaper. Additionally, your construction costs will be higher than the amounts shown below if you opt for luxury design elements.)
- Calgary: $190 – $300
- Edmonton: $130 – $185
- Toronto: $220 – $400
- Halifax: $90 – $150
- Ottawa: $235 -$375
- Montreal: $165 – $350
- St. John’s: $150 – $350
- Vancouver: $200 – $350
- Winnipeg: $130 – $350
The costs of building in smaller cities, towns and villages across Canada will likely be slightly less. Remember that these quoted costs also don’t take into consideration the cost of the land you want to build on – as well as any permits you’ll need. All of these additional costs are usually the reason many homeowners renovate an existing property.
What other factors affect the cost of building a house?
There is a huge range of factors that affect building costs.
- Land. The worksite itself is one of the most important factors in the overall cost of the home. You have to take into account if the land you’re planning to build on is flat or sloping. What’s more, there may be hidden costs like large boulders found under the land that need to be cleared prior to building.
- Location. It’s all about location, location, location. Costs can vary greatly depending on if you want to live rurally, in the suburbs or in a major city. Typically, cities will cost the most because metropolitan areas are the most desirable places to live.
- Fees, permits and inspection. Government regulations in the construction industry are consistently being reviewed and updated. You’ll find a slew of extra costs when getting every aspect of your home up to code.
- Restrictive covenants. There are some instances — mostly with homeowners association or in protected areas — where houses require specific building materials to be used or specific design requirements must be met. These costs will vary depending on the requirements in question.
- One story or two. It’ll generally cost more to build a two-story home than a one-story home as there are additional items required for construction. This includes an additional floor, stairs, scaffolding and more.
- Materials used. From brick and stone veneer to a lightweight siding such as vinyl, the materials used in the construction of your home will have a big impact on the total cost.
- Tradesperson. Hiring each type of professional — electrician, plumber, roofer and so on — play a large part in the cost of your build.
- Your house. How many square feet will your home cover? How many bedrooms and bathrooms will it have? Will it be architecturally designed or a production home? Do you want to add a deck, porch or pool?
All of these factors can make a difference of tens or even hundreds of thousands of dollars in the cost to build your home.