Not all renovations are created equal when it comes to resale value. Ontario real estate agents and appraisers consistently point to a short list of projects that reliably return 70-100% of cost.
Top ROI Projects in Ontario (2025-2026)
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Kitchen Refresh (not full gut): Replacing cabinet doors and hardware, new countertops, updated lighting. Cost: $8,000-$20,000. ROI: 75-90%. Full gut renos rarely recoup full cost.
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Bathroom Update: New vanity, fixtures, tile surround, and lighting. Cost: $6,000-$15,000. ROI: 70-85%. Buyers notice dated bathrooms immediately.
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Curb Appeal: Fresh exterior paint, new front door, landscaping cleanup, interlock front walkway. Cost: $3,000-$12,000. ROI: 80-100%. First impressions drive offers.
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Basement Finishing: Adding liveable square footage. Cost: $40,000-$80,000. ROI: 60-75%. Legal egress windows and permits are critical for appraisal credit.
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Main Floor Open Concept: Removing non-load-bearing walls between kitchen and living areas. Cost: $5,000-$15,000. ROI: 70-85%. Ontario buyers strongly prefer open layouts.
Low ROI Projects to Avoid Before Sale
- Swimming pools (negative ROI in most Ontario markets outside Muskoka)
- Luxury custom finishes in entry-level neighbourhoods
- Over-renovating relative to neighbourhood ceiling price
Always Pull Permits
Unpermitted work is flagged on home inspection reports and can crater a deal or require expensive remediation at closing.
Discuss renovation ROI with other Ontario homeowners at home.renovation.reviews. The forum covers project planning, contractor selection, and market-specific advice for GTA and beyond.