GrantOntarioProperty Construction or ImprovementProperty Development
Office-to-Residential Construction Conversion Grant
The Office-to-Residential (OTR) Construction Conversion Grant offers a per-unit incentive grant, functioning as a forgivable loan, for eligible office-to-residential conversion projects
Offered by London Planning and Development CIP
Amount
Maximum grant of $35,000 per unit (per-unit grant functioning as a forgivable loan), subject to available funding
Quick eligibility check
Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Ontario
Who can apply
- The applicant must be the registered property owner or an authorized agent.
- The application must be approved before any work begins.
- The application must be submitted before or at the same time as the building permit application.
- The property owner must maintain at least 10% equity in the property after the improvement.
- The property owner must have no outstanding debts to the City of London.
- The property must be located within the Downtown Community Improvement Project Areas.
- The property must be an eligible vacant class 'B' or class 'C' building.
Additional eligibility requirements may apply. Please contact City staff to confirm your eligibility.
About the funding
The Office-to-Residential (OTR) Construction Conversion Grant offers a per-unit incentive grant, functioning as a forgivable loan, for eligible office-to-residential conversion projects
- The maximum grant is $35,000 per unit, subject to available funding. This grant applies to all unit types, including bachelor, one-bedroom, two-bedroom, and three-bedroom units.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Community Sport and Recreation Infrastructure Fund | Grant | Stream 2 (New Builds/Signature New Builds): up to $10 million, provincial cost-sharing up to 90% for Indigenous communities and Indigenous not-for-profit organizations, up to 50% for municipalities, local services boards and not-for-profit organizations, up to 25% for for-profit organizations (Signature New Builds may be considered for over $10 million) | Open |
| Enbridge Gas New Construction: Savings by Design Residential | Grant, In-Kind Support | Incentives of $1,650 per home for up to 50 homes (ENERGY STAR for New Homes) | Open |
| Enbridge Gas Retrofits & Custom Projects: Affordable Multi-Family Housing Program, Commercial Custom Retrofit Program, and Industrial Custom Engineering Program | Grant, In-Kind Support | Commercial Custom Retrofit: up to 50 percent of incremental project costs | Open |
| Save on Energy – Energy Performance Program | Grant | Pay-for-performance incentive of $0.30/kWh for summer peak electricity savings and $0.08/kWh for non-summer peak savings, paid annually over three years (enrolments on or after January 1, 2025) | Open |
