Basement Renovation,
Remodeling & Finishing Company



Are you thinking of finishing a basement for personal use, or for income purposes? You’ve come to the right place. Our team is comprised of hard-working and dedicated professionals who believe in using quality materials, and delivering great basements specifically designed for our clients needs at a fair price. We are the basement renovation specialist.

  • Consumer’s Choice and HomeStars Best Award Winners
  • BILD and Renomark certified
  • Minimum two-year warranty on all of our work
  • Guaranteed to return your call within two business days

Nothing beats a finished basement as one of the most cost-effective ways of adding value to your home. A finished basement can provide you with more living space in the form of extra bedrooms, bathrooms or activity areas — or properly permitted and built — a second suite basement can provide you with additional income, and provide the critical first step on to the property ladder.


At Penguin Basements, we stand out from the competition thanks to our skilled craftsmen and innovative designers, helping us deliver exceptional customer service no matter what your project needs.


Initial Consultation

Before we start our work, our first step is to meet with you for our initial consultation, where we will tour your basement and go over all of your questions. Our experts are trained in building code requirements and will be able to provide you with an initial estimate on the spot – no hidden fees or surprises down the line!


Proposal & Project Breakdown

Next, once you’ve chosen the design you want for your basement, we will create a proposal for your renovation, including an itemized breakdown with detailed descriptions, and will email you your design, scope of work, and agreement details. We will also help you review our payment plans and budget-friendly options.


Preliminary Inspection

Before we begin building your new basement, our team will perform a thorough inspection to ensure your structural, grade, plumbing, mechanical, and clearance allowances are all up to code, and our Design Consultants will evaluate the cost of all specialty trades that may be necessary.


Review Your Design

Our design consultants will then present you with up to 3 unique design concepts for your basement renovation idea, including a 3D virtual view tour to help you envision your new ceiling heights, lighting fixtures, and furniture combinations.


Project Construction

Finally, our crew will arrive to start building your new basement!

Penguin Basements is Ontario’s largest specialty contractor. During our last year, we built over 350 finished basements in the GTA, and this year, thanks to the expansion of our service territory, we are approaching 500. Penguin Basements is Renomark™ certified and HomeStars verified.

You could say we are capable. Very capable. Contrary to what others may have you believe however, a basement renovation can take as little as 2-weeks, or depending on the level of customization, more than a month. Furthermore, We only use basement appropriate mold-free materials such as metal framing, moisture resistant wallboard, and precision engineered laminate flooring. And we cover those materials with a transferable limited lifetime warranty. Our workmanship is also covered by a standard 2-year warranty and to protect our clients’ investment, we only work with permits, and independent municipal inspectors. This ensures you get exactly what you paid for…peace of mind. We like to think all the awards we have won help with that too! Among those is a BILD Basement Renovation of the Year Award, A Best of HomeStars Award and multiple Consumer Choice awards in the GTA and beyond!


– Guy Solomon, President



Penguin Basements strives to deliver all of our customers access to quality materials, honest pricing, and better communication when working with you to help you build the basement of your dreams.


At Penguin, we’re dedicated to providing you with service you can count on every time, and we work hard to exceed all construction and building code standards in order to bring you the commitment you deserve.


Our team believes in working with each of our customers to guarantee you’re getting the whole picture before your renovation begins, and we stop at nothing when it comes to making sure you’re satisfied with your new basement.

From transforming a dark and dingy basement to adding value to your home, basement renovation can be a great way to brighten up your living space and create comfortable new rooms your whole family can enjoy.

At-Home Movie Theater

Want an at-home movie theatre where you can relax in luxury from the comfort of your own space? At Penguin Basements, we can help you transform your basement into a cinema room, complete with a whole new sound system.

Family Game Room

Looking for a place where the whole family can get together to spend some quality time? Why not opt for a personalized game room to set you up for a lifetime of fun on those rainy days?

Personalized Home Office

Tired of working from home in cramped corners around the house wherever you can find the room? Penguin Basements can help you turn your basement into a bright and spacious new home office tailored exactly to your needs.

From building a recreational space to adding a second bedroom – or even a second suite – a well-executed basement finishing project can help you maximize your home’s potential with ease. Whether you’re adding a bathroom to your basement office or creating a whole new storage area, Penguin Basements is committed to offering nothing but the best for our customers and their homes.

When working with Penguin Basements, we take care of every step of the finishing process for you. From installing new drywall, flooring, and lighting to upgrading your basement’s waterproofing, electrical, and insulation capabilities, our team of experts will be with you every step of the way to help you take your basement to the next level.


Harrison Dawn
Harrison Dawn
We are so happy with the basement renovation that Penguin Basements Renovations did for us. They were professional, knowledgeable, and took the time to listen to our needs and ideas. The team worked efficiently and completed the project on time and within budget. The end result is a beautiful and functional space that we can now use for entertaining and hosting guests. We would definitely recommend Penguin Basements Renovations for any basement renovation needs.
Thomas Marko
Thomas Marko
After looking into many basement renovation companies, my wife and I decided to work with Penguin in late January. They made sure to pay attention to every minute detail throughout the process. We now understand why our friend highly recommended their service and we are already beginning to do the same! We are truly grateful for the great work Guy and his team did.
Melissa Flatla
Melissa Flatla
We recently went through the process of getting a quote with Penguin Basements and I wanted to share our experiences. In full transparency, we did decide not to proceed with the renovation as we felt it was no longer in our best interest to take on the additional financial burden at this time. We were able to speak with Guy, who is the General Manager, who was more than willing to go above and beyond in making time for us to discuss the process at length and address any questions or concerns we may have had. He was supportive, transparent, and took the time to ensure we had all of the information to make an informed decision while supporting us wholeheartedly in the decision to push our renovation to the future. We were able to see first hand how Penguin Basements operates and we feel comfortable returning to them, when the time is right, to have our basement completed.
We chose Penguin to renovate our basement as we were impressed with how detailed the quoting process was and felt the communication process they had between ourselves, office staff, and trades seemed well organized. Overall, we were happy with the renovation process and how our basement turned out. All of the trades that came to our home were great to work with, from the first day with the framing team to the last day of final touch ups. We appreciated the feedback from the design consultant prior to beginning (ex. adding more pot lights, relocating some elements) that created a better product in the end. Fabio especially was great to work with and ensured any final things we wanted fixed were done properly. One issue we ran into was the removal of a water stack, the cost of which was overlooked during the quoting process. This additional cost concerned us as the work surrounding it was discussed prior to commencement of the build. We were able to bring our concerns forward to project management and the customer care team and were happy with the way the issue was resolved. Overall, we had a positive experience with Penguin and are enjoying our newly finished basement.
Alex Angel
Alex Angel
We contracted Penguin for our legal basement second suite. They handled all the permitting for us, and communication was excellent throughout the job. No reno goes 100% according to schedule (especially during COVID!) , but they were responsive and handled all the hurdles throughout the process. The finished space was gorgeous, and we got a great rate on our rental.
Lifetime warranty logo with no shadow

• Increase Living Space or Income
• Guaranteed Mold-Free Installation
• Free Accurate In-Home Design and Estimate
• Transferable Warranty
• Enrollment in Penguin Benefits Program* 

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How Long Has Penguin Basements Been Serving Ontario Residents?

Ever since our foundation in 2011, Penguin Basements has been serving residents of Ontario with professionalism and care for over a decade. With over 1500 basements built across Ontario, our team is dedicated to functionality, durability, and most importantly, quality.

Does a Finished Basement Add Value to Your Home?

Yes! A finished basement can not only add value when it comes to selling your home, but it can also make your home more desirable, bringing you a better quality of life while you live there.

Do I Need a Permit When Renovating My Basement?

When renovating your basement, it’s always recommended to obtain a building permit in order to make sure everything is carried out up to code and to the standard you deserve. At Penguin Basements, we maintain close relationships with a variety of local municipalities, allowing us to dwell upon our magnitude of experience when dealing with your renovation’s permit and planning concerns.

What Kind of Financing Does Penguin Basements Offer?

At Penguin Basements, we offer in-house financing and partner with major Ontario banks. When working with us, you can finance your renovation with our no interest option for 12 months, or consider a longer-term payment plan with our special interest rate.

Can Penguin Basements Turn My Basement into a Legal Apartment?

We definitely can! Penguin Basements has built hundreds of legal basements across Ontario over the years, customizing each to match your exact needs while making sure to follow all municipal bylaws, codes, and regulations.

What Time of Year Should I Choose to Renovate My Basement?

The short answer is, whichever you want! Our indoor basement renovations can be carried out regardless of weather or season, and our non-toxic materials and low VOC paint don’t need any kind of airing out once we’re done.

Can Penguin Basements Offer Me a Warranty for My Basement Renovation?

Absolutely! We offer a Renomark recognized 2-year service warranty, starting from the day your project is complete. As BILD members, our projects and services all carry a Limited Lifetime Warranty, transferable to help you maximize your home’s resale value.

Can I Finish My Basement Myself After a Partial Renovation?

At Penguin Basements, our revolutionary Finish It Yourself (FIY) approach lets you take over your renovation project once we’re done with all the dirty work (framing, taping, sanding, etc.), leaving you free to design, paint, and decorate your finished basement exactly how you want to.