01Val-d'Or, QC · tier 3 market
Office tenant improvement cost in Val-d'Or
A tenant improvement inside an existing base building: partitions, ceilings, lighting, meeting rooms and a kitchenette. This is the number a tenant compares against the landlord's improvement allowance, so it belongs in the lease negotiation, not after it.
02The curated band
Hard cost, standard spec
$131/sf
Band $87 – $194
All-in, preset build
$167/sf
10,000 sf, 1 storey
Hard share of all-in
79%
Rest is soft cost, charges, contingency, escalation
QC escalation
3.5%/yr
Quarter ending 2025-09-30
Buildlor Construction Cost Index · Last updated 2026-01-15 · Maintained by Buildlor Cost Desk
Scope: Val-d'Or, Quebec — Office tenant improvement
Inputs: Altus Group Canadian Cost Guide 2025, Toronto base range; Statistics Canada Building Construction Price Index, table 18-10-0135-01
Next scheduled review: 2026-04-15
03Build the stack
Your build
All-in cost — Office fit-out, Val-d'Or
$1,665,272
$167/sf · band $1,098,832 – $2,495,752
At this specification the office fit-out prices at about $167 per square foot all-in, with a 84% spread between the low and high band. Hard cost is 79% of the total and everything above it is soft cost, charges, contingency and escalation.
| Line | Amount | $/sf |
|---|---|---|
| Demolition and preparation | $78,600 | $8/sf |
| Partitions, doors and millwork | $314,400 | $31/sf |
| Ceilings and flooring | $209,600 | $21/sf |
| Mechanical and controls | $248,900 | $25/sf |
| Electrical, data and lighting | $235,800 | $24/sf |
| Fire protection and code work | $91,700 | $9/sf |
| General conditions and fee | $131,000 | $13/sf |
| Hard cost subtotal | $1,310,000 | $131/sf |
| Design and consultants | $62,880 | $6/sf |
| Permits, approvals and reviews | $15,720 | $2/sf |
| Project management and testing | $31,440 | $3/sf |
| Financing, insurance and legal | $47,160 | $5/sf |
| Contingency (10%) | $146,720 | $15/sf |
| Escalation to midpoint (12 mo) | $51,352 | $5/sf |
| All-in cost | $1,665,272 | $167/sf |
How these figures were produced
- Observed — Recorded directly from the cited source series, unadjusted.
- Modelled — Derived arithmetically from observed inputs using the published method; not a market quote.
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04What moves the number
Cost drivers for this type in Val-d'Or
Density of enclosed rooms
every meeting room adds partition, door, ceiling, HVAC zone and lighting circuit cost.
Base building condition
an as-built ceiling grid, sprinkler layout and HVAC distribution can save or add 15 percent.
Audio-visual, security and data are commonly excluded from a contractor's price and then blow the budget.
Audio-visual, security and data are commonly excluded from a contractor's price and then blow the budget.
Landlord allowance is usually quoted per rentable square foot while the fit-out is priced on usable area.
Landlord allowance is usually quoted per rentable square foot while the fit-out is priced on usable area.
Val-d'Or's construction season is short and mining camps absorb the regional trade supply. That is why the same drawings priced in Val-d'Or and in Toronto do not land at the same number even when the trades are the same.
On the preset build above, hard cost is $1,310,000 and everything after it — soft cost, charges, contingency and escalation — adds $355,272. Budgeting off a hard rate alone is the single most common way an early construction budget goes wrong.
Buildlor facts
- Hard cost for a office fit-out in Val-d'Or sits at $131 per square foot at standard specification.
- Soft cost at 12% of hard adds $157,200 to the preset build.
- QC construction escalation is running at 3.5% a year, or $51,352 over twelve months on this build.
05Related
Other types in Val-d'Or
- Warehouse and distribution shellWarehouse · tier 1 topic
- Low-rise office buildingOffice (low-rise) · tier 1 topic
- Retail strip and plaza shellRetail strip · tier 1 topic
- Low-rise apartment buildingApartment (low-rise) · tier 1 topic
- High-rise apartment towerApartment (high-rise) · tier 2 topic
- Retail tenant improvementRetail fit-out · tier 2 topic
- Medical and dental clinic fit-outMedical fit-out · tier 3 topic
06Questions
What does it cost to build a office fit-out in Val-d'Or?
On the curated Val-d'Or band, hard cost runs $87 to $194 per square foot for a office fit-out at standard specification. Adding site work, soft cost, charges, contingency and twelve months of escalation puts the all-in figure near $167 per square foot on a 10,000 sf preset. Your own area and specification change that number, which is what the builder above is for.
Why does Val-d'Or price where it does?
Val-d'Or's construction season is short and mining camps absorb the regional trade supply. The published Toronto base range is scaled by a documented factor of 0.97 for this market, and the QC escalation series is running at 3.5 percent a year.
Is the development charge in this number?
No. We do not yet hold a charge row for Val-d'Or. Enter the figure from the municipality's schedule in the builder.
What is excluded from every figure here?
Land, financing interest during construction beyond the soft-cost allowance, taxes recoverable as input credits, tenant furniture and equipment, and any remediation or off-site works. Those are separate line items in a real proforma.
07Sources
Sources
- [1] Altus Group Canadian Cost Guide 2025, Toronto base range — Published Toronto range scaled by a documented city cost factor of 0.97. Hard cost only: excludes land, soft costs, development charges and contingency.
- [2] Statistics Canada Building Construction Price Index, table 18-10-0135-01 — Non-residential building construction, Montreal CMA.
Not advice — Buildlor is a data publisher. We do not bid, price, estimate, or build work, and nothing here is a quote, a tender price, or construction advice. Figures are indicative order-of-magnitude benchmarks for early budgeting and must be confirmed by a qualified cost consultant, quantity surveyor, or general contractor before you rely on them. About Buildlor