Project Study

$129,000 Value Added

St. Catharines, ON

56 Meredith Drive, St. Catharines

With meticulous planning and innovative design solutions, we managed to retain the original charm of the property while ensuring the comfort and functionality of each unit. This remarkable project showcases our ability to optimize real estate investments by generating significant rental income and increasing the overall property value.

  • Navigating zoning regulations and obtaining necessary permits for the conversion.
  • Maximizing the use of available space to create comfortable and functional living units.
  • Ensuring that the renovations and updates meet modern safety and energy efficiency standards to attract quality tenants and reduce ongoing maintenance costs.

Financial Background of This Investment

  • Purchase Price:
    $571,000
    Total Renovation cost:
    $65,000
  • Forced Equity Generated:
    $129,000
    Final Property Appraisal:
    $765,000
If you would like a full breakdown of these expenses, send us a message using the form on this page.

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