Legacy Property & Rental Management

Another LPRM Renovation

238 Van Horne Street

It just goes to show what seriously investing in your property could do for your bank account. Our Van Horne project was LPRM’s “case study” to test Thunder Bay’s real estate market and see what a quality renovation would give us in return. The project was a complete overhaul of the electrical, plumbing, exterior & interior with the addition of one new bathroom and a fully upgraded kitchen. We had also protected the foundation of the home by installing a new weeping tile system and waterproofing the foundation. Our team designed the home from top to bottom and added personal features that made the home suitable for a young couple ready to start their life together. 

Purchase Price

$142,000

Sale Price

$337,500

Value Increase

$195,500

Project Cost

$97,500

Return On Investment

40.9%