Kitchen Renovation ROI in the GTA: What Homeowners Should Know (2026)

Dec 5

If you’re thinking of renovating your kitchen in the GTA, one of the biggest questions is: “Will I get my money back, and then some, when I sell?” The short answer: often yes, especially if you renovate smartly. But the return depends heavily on how you do it, what neighbourhood you’re in, and how you plan the project.

What Studies Say About Kitchen Reno ROI

According to RE/MAX, kitchen renovations remain among the top home improvements for resale value, with typical ROI ranging from 75 % to 100 % of what you spent.

Even modest updates such as new countertops, cabinets refresh and modern appliances tend to yield a strong ROI.
For many Canadian homes, a well-executed kitchen renovation can add over $28,000 or more in perceived home value
Minor kitchen remodels tend to recoup higher percentage ROI, while full-scale, high-end renovations tend to yield higher absolute value, though the percentage return may be lower.

Bottom line Kitchen remodels, when done well, often recoup a large portion of cost and increase sale value.

Source: REMAX Canada

Why the GTA Is a Unique Market (Good & Bad for ROI)

When calculating kitchen-reno ROI in the GTA, you need to factor in some local characteristics:

Labour and materials tend to be more expensive in major cities like Toronto. That means renovation costs will often be higher than in rural areas or smaller towns.

On the flip side: GTA housing demand remains strong, and many homeowners are willing to pay a premium for move-in ready, modern kitchens. A renovated kitchen can significantly increase a home’s appeal to buyers in competitive markets.
Because of higher baseline property values in the GTA, even a “mid-level” renovation may translate to meaningful absolute increases in resale value, often thousands of dollars.

See table below for estimated renovation costs by city in the GTA:

GTA City / Area	Typical Kitchen Reno Cost Range
Toronto	≈ $15,000 – $75,000+
Mississauga	≈ $25,000 – $60,000
Brampton	≈ $20,000 – $50,000+
Richmond Hill	≈ $27,000 – $110,000
Markham	≈ $26,000 – $108,000

*Costs are approximate and depend on project scope, finishes, labour, materials, and kitchen size.

What Produces the Best ROI in the GTA?

Based on our research and local market dynamics, these practices tend to maximize ROI for GTA homeowners:

Focus on mid-level remodels rather than ultra-luxury overspending. This provides a good balance of cost and return.
Use timeless, neutral, modern finishes (e.g. quartz or quality countertops, updated cabinetry, stainless steel appliances) that appeal to broad buyer tastes.
Prioritize functionality, layout, and quality craftsmanship over ultra-premium “designer” features. For many GTA buyers, a clean, modern, working kitchen is more valuable than a high-end luxury kitchen.
Avoid over-capitalizing relative to home value: renovations should remain in a reasonable proportion to the overall home value. Investing too heavily in a modest home rarely yields proportional returns.
Keep in mind neighbourhood and home segment: in high-demand GTA areas or for larger homes, you may get better absolute return. For smaller homes or lower-demand areas, more modest renovations might make sense.

Even in the GTA, renovation ROI can get damaged if:

You overspend on luxury finishes that don’t match the rest of the house or neighbourhood
Renovations are poorly planned, there are major delays, bad workmanship, or outdated design choices
The overall home value doesn’t justify a high-end remodel (i.e. over-capitalizing)
Market conditions change; resale value depends on supply/demand, interest rates, and buyer preferences

Final Thoughts: Is a Kitchen Reno Worth It in the GTA?

Yes, only if you plan smartly, renovate strategically, and avoid unnecessary high-end splurges, a kitchen reno in the GTA can pay off. With typical ROI in the 75–100 % range (for modest or mid-level remodels), and the possibility of adding tens of thousands of dollars in resale value, many homeowners who invest wisely see strong returns.

We help GTA homeowners match with licensed, certified renovation professionals, delivering: