Scott McGillivray and his team are experts at turning unused space in to money-making rentals. Check out some of their best remodels.
Mary and Bridge want to buy a home and income property to help fund their retirement and give them space for their new baby. Scott takes this country-loving family to see a character home in a small town, a new home next to a conservation area, and a massive 10-year old home in a bedroom community. Scott uses his soundproofing expertise to maximize privacy in the rental suite.
Sidra has sacrificed and saved. Now she's ready to invest all of it into an income property. With Sidra's father along for the ride, Scott shows them three very different investment strategies in the form of a purpose built duplex, an Edwardian semi-detached, and a renovated bungalow.
Two years ago Nelson & Sarah bought this 1970s duplex in the heart of Little Portugal from Nelson's Dad. He'd rented it to tenants for years and it was in original condition when they took possession. They fixed up the main floor to express their own clean contemporary style. The basement apartment, however, is still stuck in the 70s with at least 10 different patterns of tile - it's a tile kaleidoscope! It desperately needs to be updated to attract the sort of tenant they want downstairs. They need Income Property's help.
Bryan and Marissa have been living with Marissa's mom for six years. They've saved up and now they want to buy an income property where they can live for now, and count on as an investment down the road, all with their wedding on the horizon. Scott helps them choose between a downtown duplex, a recently renovated duplex, and a beautiful suburban home.
Rosalina and Arun bought a stunning 1897 grand detached Victorian home. In the past it has been a rooming house and a hair salon with residential units. Their initial intention was to live on the second & third floors and continue to rent out the main floor and basement separately and use the income to bring the house back to its original splendour. Fast-forward 5 years and major basement apartment issues later (flood, mould, asbestos, etc.), and Arun and Rosalina are exhausted financially and emotionally. Now with Arun's 3 kids moving in they need to maximize their living space and take over the main floor in addition to the upper two floors for everyone's sanity. They have lost their vision with the basement apartment due to all the setbacks. They need Income Property's help.
Jerry and Amee met at work and it was love at first sight. Fast-forward one year later, and they're still working together as government environmental officers. These two have big plans! They're getting married, already talking about having a family and they've just purchased their first property: a 1960s suburban bungalow. They paid $406,000 for this suburban house ? and beat out 30 other buyers with an endearing note to the original owner! Amee's family is also headed in from the Philippines for the wedding and to help with their home reno. These new home-owners are stretched to the limit, and are now officially at risk of being house poor, long term! They've put all of their savings and investments into this house, and hope to create a basement income suite that will fund their big dreams of starting a family within the next three years and eventually fund trips to visit family overseas. The problem? They barely know a hammer from a saw. They need Income Property's help.
Jaime is a single dad and filmmaker with an unusual request. He's looking for a home for him and is son; but wants it to have a commercial rental to help him afford it. With his friend along for the ride, Scott helps Jaime decide between living above a restaurant, a barbershop, or owning a pair of condos.
Karen and Kevin are a twenty-something suburban couple totally in love, totally committed and totally not on the same page. Kevin wants a real estate empire and Karen wants a nice home with an income suite to help pay for it. Scott settles this couple's differences, by showing them how to choose and renovate a comfortable home so that it has income potential.
Ten years ago Rob and Tricia bought this four bedroom detached house in a suburban town with lots of space to raise a family. As the future comes into focus they realize they need to think about how to pay for that future. An income suite in their under-used basement seems to be the solution. Their city has just changed the rules so income suite are are now allowed and legal. The basement has high ceilings, a walk out to the backyard, a kitchen and a bathroom, but that doesn't mean it's ready to rent. Rob's handy but neither one of them has any idea how to convert this into a legal, self-contained apartment. They're hoping that their home will offer the relief and security they need. Rob and Tricia need Income Property's help.
Ana and Rodrigo dream of someday building an orphanage in Rodrigo's native Ecuador and they're ready to invest in the first of many income properties to finance the plan. Scott shows them three different investment strategies in the form of a suburban semi, a single-family home, and an urban row house.
Jessica and Aaron are newly engaged, and they want to buy their first home, but they can't afford it unless it has an income property. Scott shows them a Semi-Detached Bungalow, a Three Storey Row House, and a New Build Semi.
Vic needs to pay for his aging mother's care by converting her old apartment into a money making income property. Scott gives him two options: a large 1-bedroom layout, or a 2-bedroom.
Kathy just bought her first home. With her sister Fanche in tow, she's building an income property to cut down her mortgage payments. Scott gives them two options: a 1-bedroom or a 2-bedroom layout.
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