Robert and his apprentice Lazar were absolutely amazing. They did a super job and painted my apartment in record time. Highly professional, he takes pride in his work and extremely respectful of both myself and my apartment. I would give them more than 5* if I could. They will be recommended to all my family and friends for sure. Thank you Robert and Lazar.
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
At Rm Renovation, 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.

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 Kitchens and bathrooms 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:

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.
Converting Basements into Legal Units
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.
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.
Additional Services
Types of Renovation Projects We Handle
Crafting Dream Homes
How Much Do Investment Property Renovations Cost in Toronto?
Renovation Scope | Description | Estimated Cost (GTA) |
Basic Refresh | Repainting, minor electrical upgrades, cosmetic improvements. | $5,000 – $15,000 |
Partial Renovation | Renovated bathroom or kitchen only, including premium materials and fixtures. | $20,000 – $40,000 |
Mid-Range Full-Reno | Kitchen + bathroom + selective flooring updates, mid-tier finishes. | $50,000 – $80,000 |
High-End Full Renovation | Full coverage: kitchen, bathroom, living area, storage solutions, millwork. | $80,000 – $120,000+ |
Premium Custom Design-Build | Luxe materials (e.g., quartz, engineered hardwood), MEP overhauls, high-end millwork. | $120,000 – $200,000+ |
Note: These prices are estimates and may vary based on project size, material selection, design complexity, and site conditions.
Locations We Serve
RM Renovation has been servicing Toronto and GTA area for more than 20 year.
- Toronto
- Mississauga
- Etobicoke
- Oakville
- Ajax
- Ancaster
- Angus
- Aurora
- Caledon
- Guelph
- Halton Hills
- Pickering
- Vaughan
- Hamilton
- Markham
- Barrie
- Bolton
- Bowmanville
- Brampton
- Brantford
- Brooklin
- Georgetown
- Georgina
- Port Perry
- Richmond Hill
- Oshawa
- Burlington
- Cambridge
- Clarington
- Concord
- Durham
- Rexdale
- East Gwillimbury
- Thornhill
- Whitby
- Scarborough
- King City
- Kitchener
- Kleinburg
- Maple
- Milton
- Mono
- New Tecumseth
- Newmarket
- North York
- Orangeville
- Peel Region
- Woodbridge
Frequently Asked Questions
What types of projects are included in your Investment & Rental Property Renovation Services in Toronto?
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.
How long does a typical Toronto rental property renovation take?
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.
Do you manage permits and code compliance for Toronto investment property renovations?
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.
How much does a rental property renovation cost in Toronto?
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.
Why should Toronto landlords invest in energy-efficient rental property upgrades?
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.
Can you help convert my Toronto basement into a legal rental unit?
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.












