Gainsborough – Main Floor Reno

Gainsborough
Main Floor
Reno

When the tenants of this unit decided to move on, Landlord Renovations Inc. saw this as an opportunity to modernize the apartment and increase the potential rent value. With the owners approval, designs were drawn up, permits were obtained and work began.

Pre Reno

Photos

  • Demolished interior walls as required to reconfigure bedrooms and bathrooms
  • Removed all existing flooring throughout
  • Removed and disposed existing kitchen and bathroom
  • New framing, insulation and drywall
  • New electrical including upgrading of service and submetering Main Unit and Basement
  • Installed new flooring, baseboards, and shoe mold
  • New lighting
  • New kitchen including cabinetry, quartz counter, sink and S/S appliances
  • New laundry
  • New windows

Pre Reno
Rent

$2,195.00

Post Reno
Rent

$2,995.00

Rental Value
Increase

36.4%

Project
Cost

$143,475.00

Return On
Investment

6.7%

Post Reno

Photos