Income Property Season 8 Episode 4 Ann-Marie & Scott

Ann-Marie and Scott are featured in season 8 episode 4 of the home renovation show Income Property. The couple is looking to turn their unfinished basement into a stylish and functional apartment that they can rent out for extra income.

Host and real estate expert Scott McGillivray takes on the challenge of transforming this unused space into a modern and attractive living area. The couple has a budget of $50,000, and McGillivray must work within those constraints to create a space that will attract potential renters and command a higher monthly rental rate.

First, McGillivray must tackle the basics of finishing the basement, including the installation of drywall, flooring, and a ceiling. He also needs to add in all the necessary amenities that make a space livable, such as a kitchenette, bathroom, and storage areas.

Once the basics are in place, McGillivray goes to work on adding many features that will make the space unique and attractive to renters. He creates a separate bedroom area by installing sliding frosted glass panels that create privacy while still allowing light to shine through. He also adds a stylish fireplace in the living area, which not only adds visual interest but also additional heating.

One of the key features of this income property is the custom-built bicycle storage area that McGillivray creates for the tenants to use. He utilizes the space under the stairs, which would have otherwise been wasted, to create a stylish and functional holder for up to six bicycles.

Another standout feature is the stunning tile work in the bathroom, which includes a floor-to-ceiling tiled shower and unique hexagonal floor tiles. The tiles add visual interest and a high-end touch to the space while still being durable and easy to maintain.

McGillivray adds in many other special touches throughout the apartment, such as an industrial-inspired light fixture in the kitchen, open shelving for added storage, and a fold-out wall desk in the bedroom area.

Throughout the renovation process, McGillivray works closely with the couple to ensure that the final product meets their needs and tastes. Ann-Marie and Scott are thrilled with the finished space, and they are excited to start renting it out to bring in additional income.

Overall, season 8 episode 4 of Income Property is a fascinating look at how an unused basement can be transformed into a stylish and functional living space. Scott McGillivray's expertise and creativity shine through as he works within the budget to create a space that combines attractive design with practical features. Whether you're a homeowner looking to transform your own space or just a fan of home renovation shows, this episode is well worth a watch.