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Hardware Engineer Salary and Equity in Toronto 2026
How much does a Hardware Engineer expect to make at Toronto-based startups? The average expected salary for Hardware Engineers in Toronto-based startups is 88k per year, with a range from 76k to 300k. These amounts were gathered from Wellfound self-reported data and represent the median salary range. The salary range for Hardware Engineers in Toronto startups varies depending on factors such as industry, experience, skills, and startup stage.
88.0k
Average Salary
4 years
Average years of experience
Salary
The average salary for a Hardware Engineer in Toronto is $88,000, which is 18.4% lower than the average Toronto startup salary of$107,833. Hardware Engineer salaries in Toronto are based on exclusive Wellfound data. All data is updated on a weekly basis. Factors that may influence salary include: years of experience, title, size of company, skill-set, and industry.
Top of market
$188,000/yr
Range $76k - $300k
Average
$88,000/yr
Range $76k - $100k
Below Average
$81,750/yr
Range $76k - $88k
Industries
The highest average salary a Hardware Engineer in Toronto can get in Healthcare, that is $76,000. This pay is 0.0% lower than the average Hardware Engineer salary in Toronto, which is $76,000. The highest-paying industries in 2023 are: Healthcare (avg $76,000 per year), Technology (avg $76,000 per year), Mobile Application (avg $76,000 per year).
Years of experience
Below Average
Average
Top of Market
The highest average salary a Hardware Engineer in Toronto can get with 4-6 years of experience, that is $76,000. This pay is 29.5% lower than the average salary in Toronto startups, which is $107,833. The salary range varies with years of experience and depends on other factors such as skill set, size of company, and industry.
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