This two-part report explores the impacts of condominium conversions and rent increases for low-income tenants in Winnipeg’s inner city. The first part of the research looks at the quantitative reality of condo conversions and rent increases due to renovations while the second part of the research looks at low-income renters’ housing experiences. The report finds that many renter households in the three focus neighbourhoods are at higher risk of being displaced as a result of condo conversions and rent increases, and that often they have a more difficult time finding a new place to live. The report also offers a number of recommendations to address these impacts.