Hughson | 60 Unit Alteration

Hamilton

Property Type: Existing 60-Unit Mid-Rise Apartment Building

Project Overview:
This 60-unit apartment building is undergoing a comprehensive cosmetic renovation, aimed at revitalizing aging suites and attracting a more stable, professional tenant base. Given its prime location directly across from St. Joseph’s Healthcare Hamilton, our team identified a key demographic: front-line healthcare workers seeking well-appointed, move-in-ready rental units close to work.

To meet this need, we initiated a full interior upgrade of all 60 units, including brand-new kitchens and the addition of in-suite stackable washer/dryers—a rare but in-demand feature that enhances tenant convenience and rental appeal.

Scope & Strategy:

• Full cosmetic renovation of all 60 suites, including:
  • Modern kitchens with new cabinetry, countertops, and finishes
  • Updated bathrooms and lighting fixtures
  • New flooring and paint throughout each unit

• Installed in-suite stackable washer/dryers to eliminate reliance on shared laundry rooms

• Renovation strategy tailored to attract healthcare professionals and long-term renters

Challenges Solved:

• Refreshed an aging rental asset in a high-visibility healthcare corridor

• Future-proofed the building by adding in-unit amenities that meet today’s tenant expectations

• Improved rentability without structural changes or additions

Investor Benefits:

• Increased unit desirability = reduced vacancy and tenant turnover

• Higher rental rates achievable due to modern finishes and in-suite laundry

• Positioned as a preferred rental option for local hospital staff and professionals

Current Status:
Interior renovations underway. Several upgraded units already tenant-ready.