For many, home improvements are a more attainable goal over climbing the housing ladder in today’s competitive real estate market, and can also be a practical way of quickly increasing property value. Condo units with original or otherwise outdated finishes in older buildings can hold a ton of potential for those who’ve caught the reno bug; not only were suites generally built larger prior to the surge of Toronto’s condo craze, but many of these buildings are situated in prime locations throughout the city core.
Least money spent on: Painting
Kitchen: Part of the existing wall was removed to open up the previously enclosed layout, with the kitchen now overlooking the dining area. The entire space was then remodeled with new maple cabinets and brushed nickel hardware, granite countertops and an undermount stainless steel sink. Original condo-size appliances were replaced by new, standard-size stainless steel units, swapping the original placement of the fridge and stove. A new microwave range hood was re-routed and installed in the new location, and existing tiled floors were finished with more modern tiling.
Bathroom: An existing shower wall was removed and replaced by a full glass shower stall. All tiling was updated, and an updated vanity was installed with a new countertop. The existing toilet was replaced, but the existing bathtub was still in good condition and left intact. The existing stacked condo-size washer/dryer unit was replaced with a gently used, standard-size set.
General: The existing broadloom (carpet) was replaced with dark engineered maple flooring throughout the unit. All walls and ceilings were repainted, and existing light fixtures were updated with more modern fittings.
- Hire your own contractor to manage the overall project, increase job accountability and potentially decrease costs;