An investor client picked up this Scarborough-area property for $200,000 and brought us in to add a full second storey and modernize the home from top to bottom. Once complete, the property sold for $650,000.
The client — a real estate investor — purchased the property as a small, single-storey bungalow. Our scope was a complete second-storey addition: new structural framing, a full building permit and engineering package with the City, and a top-to-bottom interior renovation including a new open-concept main floor, kitchen, and finishes throughout.
The investor's total investment — the $200,000 purchase plus roughly $200,000 in construction — put the all-in cost at around $400,000. The home sold for $650,000 once complete, before accounting for the investor's own selling and carrying costs. It's one of the clearer examples of how a well-scoped addition can change what a property is worth.
Whether it's a value-add addition or a full renovation ahead of a sale, we scope the project around your numbers and manage design, permits, and construction under one team.
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