Reading the Toronto fit-out numbers honestly
Cushman and Wakefield’s 2026 office fit-out cost guide puts Toronto at $204.45 per square foot all-in, with hard cost at $202.40, and notes that hard cost has come down from $210.09 in the prior year. That is a useful anchor because it is a market benchmark rather than a contractor’s advertised rate, and it sits squarely inside the mid-to-high band that Toronto contractors publish: $50 to $100 per square foot basic, $100 to $200 mid-range and $200 to $350 and up high-end. Retail build-outs run $75 to $150 basic, $150 to $250 mid and $300 and up high-end. Restaurant and quick-service work is $70 to $120 basic, $150 to $300 mid, and above $300 where heavy ventilation is involved. We did not find a credible published figure for medical fit-out per square foot, so we will not quote one until we have priced your actual scope.





