Triplex transformation

65.2%

Rental value increase

10%

Return on investment

Property type: triplex
Project cost: $189,629
Pre-reno rental rate: $2400
Post-reno rental rate: $3967

As a result of renovations to this triplex on the Danforth, the property was able to attract tenants with incomes over $70k, with no vacancy loss post-reno.

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Downtown condo facelift

54.1%

Rental value increase

16%

Return on investment

Property type: condo apartment
Project cost: $47,584
Pre-reno rental rate: $1200
Post-reno rental rate: $1850

We completely overhauled this condo in near Yonge & Bloor in Toronto. Modernized kitchen, refurbished bath and beautified living spaces have transformed this unit into the high-earning investment its owners wanted.

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Single-family home

51.5%

Rental value increase

10%

Return on investment

Property type: single-family dwelling
Project cost: $131,808
Pre-reno rental rate: $2111
Post-reno rental rate: $3200

This single family dwelling in the beaches received a dramatic facelift, and as a result was able to attract a new tenant with an income four times greater than the previous tenant.

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Twice as nice

58.8%

Rental value increase

8%

Return on investment

Property type: duplex
Project cost: $149,883
Pre-reno rental rate: $1700
Post-reno rental rate: $2700

This duplex at the foot of Allen Road had previously been owner-occupied. Transitioning it into a two-unit rental property required extensive renovations to all areas. The dramatically beautified property was able to attract basement and main floor tenants with incomes of $80k and $110k, respectively.

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