Top 3 Cost-Effective Renovations to Boost Your Ottawa Rental’s Value

Wixify Wix Agency
Jun 10, 2025
2 min read

As a property owner, every dollar you spend on your investment should count. Strategic renovations not only attract higher-quality tenants and reduce vacancies but can also significantly increase your rental income and property value. The key is to focus on high-impact updates that tenants love.

Here are the top three cost-effective renovations that deliver the best return on investment.

1. Modern Kitchen & Bathroom Facelifts

Kitchens and bathrooms are the most scrutinized rooms in any rental. A full overhaul can be expensive, but a modern facelift is often all that’s needed. Consider painting cabinets and adding new hardware, installing a new backsplash, or upgrading to quartz or butcher block countertops. In the bathroom, a new vanity, modern fixtures, and re-grouting the tile can make the entire space feel brand new.

2. Durable and Stylish Flooring

Old, stained carpet is a major turn-off for prospective tenants. Tearing it out and replacing it with modern, durable flooring like Luxury Vinyl Plank (LVP) is a game-changer. LVP is water-resistant, scratch-resistant, easy to clean, and provides a clean, contemporary look that tenants prefer. It’s a long-lasting investment that pays for itself.

3. A Fresh Coat of Paint & Modern Lighting

Never underestimate the power of paint. A fresh coat of a neutral, modern colour like a soft grey or warm white instantly makes a space feel brighter, cleaner, and larger. While you’re at it, replace dated light fixtures with stylish, energy-efficient LED models. This simple combination is one of the cheapest and most effective ways to transform a unit.

The Rightway Advantage

Thinking about making some updates? Rightway Property Management offers more than just lease and tenant management; we provide comprehensive project management services. We can plan, budget, and oversee your renovation from start to finish, using our network of trusted contractors to ensure the work is done beautifully, on time, and on budget.