Income Property | |
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Income Property logo
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Genre | Home improvement / reality |
Developed by | RTR Media |
Presented by | Scott McGillivray |
Country of origin | Canada |
Original language(s) | English |
No. of seasons | 11 |
No. of episodes | 155 + 2 specials |
Production | |
Executive producer(s) |
Seasons 1–2: Kit Redmond, Debbie Travis and Hans Rosenstein |
Running time | Seasons 1–6: 21–22 minutes Seasons 7–9: 42–43 minutes Seasons 10–11: 21–22 minutes |
Release | |
Original network | HGTV Canada |
Original release | September 29, 2008 – present |
External links | |
Website |
Seasons 1–2: Kit Redmond, Debbie Travis and Hans Rosenstein
Season 3: Kit Redmond and Grazyna Krupa
Seasons 4–7: Kit Redmond, Scott McGillivray and Jenna Keane
Income Property is a Canadian home-improvement program hosted by Scott McGillivray. The series premiered on HGTV Canada on September 29, 2008, and on January 1, 2009, on HGTV in the U.S. The program was a half-hour long for the first six seasons, and then expanded to an hour-long format starting with season 7. The show reverted to its half-hour format with the start of season 10.
On March 8, 2016, it was named Best Lifestyle Program or Series at the 4th Canadian Screen Awards.
Real estate investor and contractor Scott McGillivray leads homeowners through the renovation of their first income property, to help offset mortgage payments, as well as increase the overall value of the home. In each episode, McGillivray offers design options, prepares plans for a conversion and manages the construction of a rental suite. McGillivray, who owns over 20 income-generating homes that he has converted and renovated himself, communicates confidence and skill to help lead homeowners through the ups and downs of renovating their income suite.
Several episodes of the series have featured celebrity homeowners, including actress Helene Joy, musician Justin Rutledge, broadcaster Roz Weston and documentary filmmaker Jamie Kastner.
For the first six seasons, the show was a half-hour. In this format, McGillivray meets with the homeowners to see the space in its current form. McGillivray shows two options to the homeowners for a possible redevelopment, utilizing design software. Each potential option has an estimated return on investment by way of monthly rent received. McGillivray shares the homeowners' mortgage payment and subtracts the estimated market rents to provide a "lower" mortgage payment. One option is generally grander in scope, usually affording the homeowner the opportunity to make more in rent than the other option, but at a higher renovation cost.
Once the homeowners decide on which option they prefer, the Income Property team goes to work to demolish and rebuild. The homeowners are usually involved in the renovation but then are kept out of the space during the final stages of completion to provide some element of surprise.