Sheppard Development

34 Westwood Drive

Our agent alerted us to a rundown 3-bedroom bungalow near Algonquin College. Since student rentals in that area are in high demand, we purchased the property with the intention of creating two student rental apartments.
To increase our profits from the development, we converted the main floor into a 4-bedroom, 1-bathroom apartment by moving the kitchen to the dining room and transforming the former kitchen into the fourth bedroom. This was a unique concept pioneered by Sheppard Property Development in Ottawa.
We replicated the 4-bedroom, 1-bathroom layout in the basement apartment, resulting in two 4-bedroom student rental units in the bungalow. With meticulous planning, we incorporated all the posts in the walls and created a spacious open kitchen-living area.
The property was fully rented as soon as we completed the renovations, and we earned a substantial income from our first student rental. Our investors and partners were delighted with the results and the cash flow from the property. As planned, we sold the property a few years later.

 

Completed Images

Video Tour

Progress Images

Plan

Location