Pre Reno Rent: $732.00.00
Post Reno Rent: $1,800.00
Rental Value Increase: 146%
Project Cost: $61,115.00
Return On Investment: 30%
Renovation Project
The Danforth
The Project
After nearly ten years in this unit, the tenant gave their notice to leave. After consulting LandLord Renovations Inc., the owner decided a modernized unit would increase the rental value of this cozy one-bedroom apartment in Greektown.
- Demolition and disposal of kitchen flooring, cabinetry, appliances, washroom fixtures, old wall tiling
- Removal and disposal of living room and bedroom flooring
- New framing and drywall
- New plumbing and electrical, including new lighting
- Complete new kitchen with appliances
- New laundry room with washer/dryer
- Complete new bathroom with new tub and other fixtures
