Analysing the ROI feasibility of office-to-residential conversions
Construct Connect Canada
AI Article Summary
The report from Cushman & Wakefield highlights that the average vacancy for commercial office space in Canada was 17.2% in the second quarter of 2025. This figure, although slightly better than the previous year, still surpasses pre-COVID levels, despite the increasing momentum of the return-to-office movement. The article explores the feasibility of converting these vacant offices into residential spaces as a potential solution.
