In communities across the Greater Toronto, unused warehouses, factories, office buildings and even redundant hospitals, schools and religious edifices have been transformed or are in the process of being transformed into residences, commercial workspaces and industrial workspaces ranging in price from affordable entry-level to warehouse or mixed-use industrial. Conversions create condominiums in traditional styles and in a wide variety of eclectic customizations.

Preserving the historical and cultural essence of neighbourhoods is often at the heart of warehouse and factory conversions. Disused industrial buildings are among the structures recycled into loft condominiums and rental complexes to maintain the distinctive character of many Canadian neighbourhoods.