Markham – 2nd Floor Reno

Markham
2nd Floor
Reno

This suite had all the signs that it required a renovation. A long-term tenancy had just ended, leaving the property outdated and with significant deterioration. As a result, the unit remained vacant for over a year after the tenancy was terminated. Planning for the renovation was exhaustive. Drawings were submitted and permits issued.

Pre Reno

Photos

The unit was completely demolished and redesigned with new:

  • Kitchen
  • Bathroom
  • Flooring
  • Windows
  • Lighting

Pre Reno
Rent

$1,481.63

Post Reno
Rent

$2,750.00

Rental Value
Increase

85%

Project
Cost

$154,355.00

Return On
Investment

9.86%

Post Reno

Photos