190 Bayfield Street - Barrie

Major overhaul of rental unit after long term Tenant moved out. 

The total cost of this renovation was approx $20,000. However, we increased the rent on this unit by $350 per month = $4,200 per annum. You might say that would take approx 5 years to recoup the investment. However, using the valuation model of Value = CAP rate/NOI this renovation actually added approx $80,000 to the value of the property. This could allow the owner to refinance and immediately get back the $20,000 or it may allow a total refinancing for another deal. Ask us more about how to lift the value your project and create wealth in real estate. 

Copywrite 2019 Elevated Wealth Creations 

1-705-252-7939  |   info@elevatedwealthcreations.com

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