Discover Salaries

Mechanical Engineer
Select location
Select skill
Select industry

Mechanical Engineer Salary and Equity in Toronto 2026

How much does a Mechanical Engineer expect to make at Toronto-based startups? The average expected salary for Mechanical Engineers in Toronto-based startups is 123k per year, with a range from 75k to 174k. These amounts were gathered from Wellfound self-reported data and represent the median salary range. The salary range for Mechanical Engineers in Toronto startups varies depending on factors such as industry, experience, skills, and startup stage.

122.6k

Average Salary

5 years

Average years of experience

Hiring data hero image

Salary

By quarter
The average salary for a Mechanical Engineer in Toronto is $122,625, which is 13.7% higher than the average Toronto startup salary of$107,833. Mechanical 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

$160,250/yr

Range $147k - $174k

Average

$122,625/yr

Range $108k - $140k

Below Average

$105,125/yr

Range $75k - $137k


Industries

The highest average salary a Mechanical Engineer in Toronto can get in Financial Services, that is $147,000. This pay is 45.4% higher than the average Mechanical Engineer salary in Toronto, which is $101,125. The highest-paying industries in 2023 are: Financial Services (avg $147,000 per year), Professional Services (avg $107,500 per year), B2B (avg $75,000 per year).

Years of experience

Below Average

Average

Top of Market

The highest average salary a Mechanical Engineer in Toronto can get with 7-10 years of experience, that is $130,000. This pay is 20.6% higher 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.