Flooring is the surface you touch every day, and hardwood remains the resale gold standard in Ontario. Installed in 2026, hardwood typically costs $10–$18 per square foot — roughly $10,000–$18,000 for 1,000 sq ft — with premium species and complex layouts reaching $20+/sq ft.
The solid-vs.-engineered decision matters more than the species: engineered handles Ontario's humidity swings and basements far better. Figures below are NorthPeak planning estimates including materials, installation and finishing.
Cost by flooring type
| Flooring | Per sq ft installed | Best for |
|---|---|---|
| Solid hardwood (oak, maple) | $12–$18 | Main floors; refinishable many times |
| Engineered hardwood | $10–$16 | Basements, condos, radiant heat |
| Luxury vinyl plank | $6–$12 | Kitchens, bathrooms, rentals, pets |
| Laminate | $5–$10 | Budget projects; improving quality yearly |
Species and grade
Red oak and maple are the Ontario workhorses — durable, readily available, mid-priced. Hickory costs more but hides wear; walnut and exotics (Brazilian cherry, teak) run $16–$25+/sq ft installed. Grade matters as much as species: select grade (uniform) costs more than character grade (knots and variation), which many homeowners now prefer for the look — and the savings.
Refinishing: the deal of the century
If you have hardwood under carpet or looking tired, refinishing costs $3–$6 per sq ft — a third of replacement — and solid hardwood can be refinished 4–6 times. Sanding, staining and three coats of polyurethane make 50-year-old oak look new. Always check what is under the carpet before pricing new floors.
Basement warning: never install solid hardwood below grade in Ontario — moisture will cup and warp it. Engineered hardwood or luxury vinyl plank are the correct choices for basements.
Frequently asked questions
How much does hardwood flooring cost in Ontario in 2026?
About $10–$18 per sq ft installed — $10,000–$18,000 for 1,000 sq ft. Engineered is slightly less; exotics run $16–$25+/sq ft.
Is engineered hardwood as good as solid?
For most Ontario homes, yes — and better in basements and over radiant heat. Solid wins only on number of lifetime refinishings.
How much does it cost to refinish hardwood floors?
$3–$6 per sq ft in Ontario — roughly a third of replacement cost. Solid hardwood can be refinished 4–6 times.
What is the cheapest wood-look flooring?
Laminate ($5–$10/sq ft installed) is cheapest; luxury vinyl plank ($6–$12) looks better and handles moisture. Both install faster than hardwood.
Sources and methodology
- Vista Builders: Home Renovation Cost in Ontario (2026 Guide)
- Canada Mortgage and Housing Corporation (CMHC)
- HomeStars
This article provides general information for planning purposes, not professional advice or a quote. Cost figures are NorthPeak planning estimates unless a source is named; confirm current prices with licensed local contractors and professionals before making decisions.