Smart Upgrades to Maximize Rental Income

Investment & Rental Property Renovation Services in Toronto

Our Investment & Rental Property Renovation Services in Toronto help landlords and investors increase rental income and property value. From legal basement suites to multi-unit upgrades, we deliver code-compliant, ROI-focused renovations with quick turnaround and durable results.

Transform Your Space

Renovations That Turn Toronto Properties into Profitable Investments

We specialize in investment & rental property renovation services designed to improve rental yields, reduce vacancies, and boost long-term value in Toronto. Our team handles legal basement conversions, multi-unit renovations, kitchen and bathroom upgrades, and energy-efficient retrofits, all completed to Ontario Building Code and rental compliance standards.

Unlike general contractors, we focus on ROI-driven solutions, fast turnovers, cost-effective upgrades, and durable finishes that reduce maintenance costs and keep rental units occupied.

Bathroom renovation by RM Renovation showcasing marble-style tiles, frameless glass shower enclosure, and floating double vanity with LED mirror

Our testimonials

Reviews from Our Happy Clients

Excellence in Renovation

Our Full-Service Rental & Investment Property Renovation Solutions in Toronto

We provide complete rental and investment property renovation services in Toronto. Our services include:

Quick Turnover Rental Renovations

Vacancies cut into rental income. Our team completes fast, cost-effective turnover renovations in Toronto, including flooring, painting, and fixture replacements. We make units tenant-ready in days, helping landlords keep cash flow steady and avoid long rental gaps.

Kitchen & Bathroom Upgrades

Kitchens and bathrooms drive tenant demand and rental rates. We remodel with quartz countertops, water-saving fixtures, durable flooring, and efficient layouts. These upgrades reduce maintenance issues, extend property life, and increase value in Toronto’s competitive rental market.

Legal Basement & Secondary Suite Conversions

Toronto rental demand makes basement conversions a strong investment. We design and build legal secondary suites with permits, fire separations, egress windows, and MEP compliance. Our work meets Ontario Building Code and Toronto regulations, unlocking new, sustainable rental income.

Multi-Unit & Apartment Building Renovations

We renovate Toronto multi-unit properties and apartment buildings to improve safety, retention, and rental yield. Services include soundproofing, fire-rated construction, and energy-efficient retrofits. Our upgrades increase tenant satisfaction and reduce long-term operating costs.

Energy-Efficient Upgrades for Lower Costs

Operating costs impact ROI. We retrofit Toronto rental properties with spray foam insulation, smart HVAC systems, LED retrofits, and triple-pane windows. These upgrades cut utility bills, extend system life, and attract tenants who value modern, efficient living spaces.

Transform Your Bathroom Into a Luxurious Retreat!

Where Quality Lives

When You Need Investment Property Renovation Services in Toronto

Toronto rentals need upgrades to stay profitable. Find out when you should call a renovator to keep your investment property in its best shape:

Minimalist bathroom vanity featuring white cabinetry, matte black faucet, oval mirror, and quartz countertop installed by RM Renovation

Preparing Property for New Tenants

Between tenants, units often need fresh paint, flooring, fixtures, and safety checks. We complete professional turnover renovations quickly, minimizing vacancy and keeping your property rentable.

Increasing Rental Value & ROI

Strategic upgrades like kitchens, bathrooms, and storage solutions attract higher-paying tenants. Our ROI-driven renovations help Toronto landlords boost rental income while maintaining durability.

Unlock additional rental revenue with legal basement apartments. We manage permits, fire separations, plumbing, and electrical upgrades, fully compliant with Toronto’s municipal and Ontario Building Code requirements.

Modernizing Outdated Rental Spaces

Old finishes and layouts reduce tenant appeal. We modernize units with energy-efficient fixtures, optimized layouts, and mechanical upgrades to align with Toronto’s rental market expectations.

Reducing Maintenance Costs & Vacancies

Frequent repairs cut into profits. We use durable finishes, preventative upgrades, and efficient systems to reduce maintenance needs, minimize vacancies, and strengthen long-term cash flow.

Designing Timeless Spaces

Why Investment Property Renovations Deliver Long-Term Value in Toronto

Renovating Toronto rental properties improves income, reduces vacancies, lowers operating costs, and protects long-term asset performance. Explore all the benefits of a rental property renovation:

Higher Rental Income & Property Value

Kitchens, bathrooms, and legal basement conversions directly raise monthly rent and property appraisals. Our Toronto investment property renovations are ROI-focused, ensuring every upgrade contributes measurable value and increases overall profitability for landlords.

Faster Tenant Placement & Lower Vacancy Rates

Updated, code-compliant units attract tenants faster in Toronto’s competitive market. We deliver modern layouts, durable finishes, and efficient systems that reduce vacancy periods, keep units rented, and improve cash flow consistency for property owners.

Reduced Operating & Maintenance Costs

Aging plumbing, wiring, and HVAC systems create constant expenses. We install efficient systems and durable finishes that reduce repairs and extend property life cycles. These preventative upgrades lower operating costs and protect long-term profitability for landlords.

Compliance with Toronto Rental & Building Codes

Every renovation is completed to the Ontario Building Code and Toronto rental regulations. From secondary suites to multi-unit conversions, we handle permits, fire separation, and inspections, reducing the risk of fines, legal disputes, and compliance issues.

Improved Tenant Retention & Satisfaction

Tenants stay longer in safe, modern, and functional rentals. We add custom storage, soundproofing, and optimized layouts designed for tenant comfort. This reduces turnover, improves satisfaction, and secures a steady income for Toronto landlords and investors.

Design. Build. Revamp.

Explore Our Latest Home Renovation Projects

Building Your Vision

Why Toronto Investors Rely on Us for Property Upgrades

We deliver compliant, ROI-focused renovations for Toronto landlords. Our upgrades maximize rental income, reduce vacancies, and protect asset value. Learn all the reasons you should hire us for rental property renovations:

20+ Years Serving Toronto Landlords & Investors

With over two decades of experience, we’ve renovated rental properties across Toronto, including single-family homes, legal basement suites, and multi-unit buildings. Our proven track record shows consistent results that increase income and strengthen long-term property value.

Expertise in ROI-Driven Renovation Strategies

We focus on upgrades that directly improve rental yield. From modern kitchens and bathrooms to legal secondary suite conversions, our approach balances upfront cost with long-term revenue growth. Every Toronto renovation is designed to maximize ROI for landlords and investors.

Licensed, Insured & Rental Code Compliant

Our contractors are WSIB-certified, licensed, and fully insured. We deliver work that complies with the Ontario Building Code, Toronto rental regulations, and fire safety standards. This protects landlords from legal issues, fines, and liability while ensuring safe, tenant-ready properties.

Fast Turnaround for Tenant Turnovers

Vacancy reduces income. We use efficient scheduling, permit handling, and streamlined execution to complete renovations quickly. Our fast turnaround minimizes downtime between tenants while maintaining construction quality and code compliance for Toronto landlords.

Transparent Pricing & Cost Estimates

Our estimates are detailed and itemized, covering materials, labour, and timelines upfront. Toronto landlords see clear budgets with no hidden costs. This financial clarity supports reliable ROI planning and helps investors make confident decisions about property upgrades.

Reimagine Your Home

Our Streamlined Rental Renovation Process in Toronto

Step 1
Property Assessment & ROI Planning

We assess property condition, market demand, and ROI potential. Our strategies focus on cost efficiency while increasing long-term income for Toronto landlords.

Step 2
Design, Budgeting & Permit Approvals

We prepare design plans, budgets, and full permit packages. Our team manages all Toronto municipal approvals to ensure full compliance and faster execution.

Step 3
Construction, Compliance & Final Inspection

Licensed contractors complete all work, structural, mechanical, and finishes, under strict supervision. Each project passes compliance checks and is tenant-ready.

Crafting Dream Homes

How Much Do Investment Property Renovations Cost in Toronto?

Locations We Serve

RM Renovation has been servicing Toronto and GTA area for more than 20 year.

We Offer The Best Renovation Service in GTA

White RM Renovation van with company logo and phone number 416-879-2717, used for home renovation service calls across the Greater Toronto Area

Get in Touch with RM Renovation

Call Us

416-879-2717

Email

robert.milchevich@gmail.com

Address

215-9 Crown Hill Place, Etobicoke, M8Y 4C5

Business Hour

Monday to Sunday: 9am - 10pm

Frequently Asked Questions

We handle quick-turnover renovations, kitchen and bathroom upgrades, legal basement and secondary suite conversions, multi-unit renovations, and energy-efficient retrofits, all compliant with Ontario Building Code and Toronto rental standards.

Project timelines depend on scope. Quick turnover upgrades may take a few days, while legal basement conversions or multi-unit renovations can take several weeks. Our team prioritizes fast, compliant execution to minimize vacancy and maintain cash flow.

Yes. We prepare and submit all permit applications, handle condo and municipal approvals, and ensure every renovation meets Ontario Building Code, fire separation, and Toronto rental regulations.

Costs vary by project type. Basic turnover renovations may start at $5,000–$15,000, while legal basement suites or multi-unit upgrades can exceed $50,000. We provide detailed, itemized estimates for transparent financial planning.

Energy-efficient renovations reduce operating costs and attract quality tenants. We install spray foam insulation, LED lighting, triple-pane windows, and high-performance HVAC systems that meet Ontario energy standards and lower monthly expenses.

Yes. We specialize in legal basement and secondary suite conversions. Our team manages design, permits, fire separations, egress windows, plumbing, and electrical upgrades to create code-compliant, income-generating rental units.