Ep 2. Busy Bakers Income Suite

In the second episode of season 3 of Income Property, Scott McGillivray takes on a couple with a unique business idea. Joel and Tanya are bakers who make and sell cupcakes from their home. However, they have hit a roadblock in growing their business as their home's kitchen is small and not equipped to handle the volume of orders they receive. Tanya also works as a nurse, so the couple needs a solution that will allow them to efficiently produce their cupcakes, while also providing a steady stream of income.

Scott's plan is to convert their basement into a bakery and living space that they can rent out for additional income. He begins by assessing the family's requirements and finding out what kind of budget they are working with. Scott is hopeful about the project but warns the couple that they may need to adjust their plans based on the space and budget limitations.

The renovation project presents a unique challenge, as Scott must put in a commercial-grade kitchen while still creating a comfortable living space. Scott's team focuses on the kitchen first and upgrades the plumbing, electrical wiring, and ventilation system. They also install commercial-grade appliances like a range, refrigerator, and dishwasher to help the bakers produce their cupcakes more efficiently. The area is then outfitted with stainless steel countertops, ample storage space, and a large sink.

Once the kitchen is complete, they move on to the living area. Scott's team creates an open-plan living space that includes a bedroom, a sitting area, and a bathroom. They use light and neutral colors to create a bright and inviting space that has a separate entrance for privacy. The income suite includes everything a renter may need, from a kitchenette and a dining area to an entertainment center and plenty of storage space.

The episode is full of tense moments as the project nears its completion. The couple is under a lot of pressure from their business, and they are also worried about the timing and budget of the renovation. Scott is compassionate and works to relieve their concerns by staying within the budget while also delivering a top-quality result.

As the project nears completion, Joel and Tanya are impressed with the results. The couple is pleased with the new living space, and they're confident that they can use the new kitchen to grow their business. The new basement bakery space is stylish, bright, and functional. Overall, they're pleased with how the project turned out, and they're excited to start working on their cupcakes.

The Busy Bakers Income Suite episode of Income Property season 3 offers an exciting look into the challenges of creating a mixed-use space. Scott's creativity, dedication to quality, and attention to the couple's needs shine through in this episode. Viewers can come away inspired by the successful renovation and the potential for mixed-use spaces to offer both functional and profitable living spaces.