Condominium Conversions: How to Avoid the Pitfalls

This presentation examines the opportunities, risks and practical considerations involved in converting existing buildings to condominium ownership. Drawing on perspectives from development, legal, surveying, property management and cost consulting professionals, it covers different types of conversions, planning and legislative requirements, due diligence, reserve fund issues, construction risks and registration requirements. It also highlights the role of surveys, architectural and structural record drawings, planning approvals and cost analysis in managing conversion projects. Case examples and project imagery illustrate how existing buildings can be adapted while addressing heritage, design, financial and regulatory challenges.