It is very relaxing to sleep in a quiet studio. That said, the level and complexity of the build-out necessary to convert your canopy bed would effectively make

It is very relaxing to sleep in a quiet studio. That said, the level and complexity of the build-out necessary to convert your canopy bed would effectively make it a room within a room. It'd be like climbing into a closet with a bed in it. How about some custom-molded earplugs while you sleep? That is by far the most cost effective way to go.