Tweet
Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.

Income Property: Lynne & Heather

Episode Theme: Second Time Around

​​Lynne and Heather need to renovate and rent their country home so they don’t lose a family cottage for the second time.

Design Theme: Cozy Getaway

The Numbers

Purchase Price: $425,000

Realtor Appraisal: $570,000

Increased Property Value: $145,000

Option 1*CHOSEN* $45,000 – Total cosmetic makeover with new flooring throughout, plus full kitchen and bath remodels. Estimated rent of $1200/week ($4800/month).

Option 2: $60,000 –  Everything in option one plus a total kitchen gut, a new fireplace, and turning the workshop into a bunkie. Estimated rent of $2100/week ($7200/month)

Estimated Weekly Income: $2,300 in the high season ($9200/month).

More to Explore...

Mortgage Terminology 101

Real estate terminology can be confusing – particularly when you’re buying your first home – and one of the things people seem to get the most confused about is mortgages. It’s understandable.... Read More »

5 Ways to Get Your Kids Excited about Moving

You’d think that for someone like me, moving into a new home would be a breeze. But for all the years of renovating, building and helping people move, there’s one thing I... Read More »

Scott McGillivray’s Penny Floor

If you watched Moving the McGillivrays, the HGTV Canada series about my adventures building my dream home, you know that when I built my house I put a lot of special, personal... Read More »