‘Pineview’ Studio

Project Description

2014 – Purchased at $545,000

1950’s 3 bedroom home with bay and ocean views and a dingy downstairs basement.

Total renovation costs $300,000

Current value $1,200,000

Upstairs: New driveway and landscaping, extend the garage, improve street access to the home, structural renovation, open kitchen, dining and living areas, new master and ensuite, new deck. Potential rent $550

Downstairs: Also convert an unliveable downstairs area into a 1 bedroom studio apartment, which could be rented for $300 per week.

Or Holiday rent (combined) $1,000 t $2,000 per week.


Project Details

Status Completed

Type property, real estate

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