Turning an 18 Unit Condo Building Back Into Apartments with Bryce Kander

Property Profits Real Estate Podcast · Sep 29, 2026 · 15m

An 18 unit condo building bought for about $90,000 a door was later appraised at roughly $131,000 a door after being brought back together as one apartment property.

That is the condo deconversion strategy Bryce Kander is focused on right now.

Bryce explains how he purchased all 18 units in an Edmonton property from 17 different owners. His offers were conditional on getting all of the units, possession happened on the same day, and he arranged a blanket mortgage across the property.

The opportunity came from a shift Bryce has been watching. Condo prices had dropped while rents had moved…