I will be moving into the 5 bed 3 bath because the tenant has been there half as long as the upstairs tenant (therefore that is the unit I am legally directed to move into vs the more tenured upstairs tenant).I do not need the space of a 5 bed 3 bath apartment so am planning on renovating the entire space and turning it into x2 2 bed 2 bath apartments while I am living there.

I know this is a super competitive space and like @Joshua Granberg said, the new zoning changes in western Washington in recent years has been a game changer for these types of units.

It will also have large open spaces on the first floor that can seat between 50 and 80 people for corporate events and retreats.

Edmonton has a market inefficiency right now in the condo space. 

Perhaps the appraiser was counting the garage/attic/basement while the builder was counting only living space?

There's a great local monthly meetup with Space City REI - here's their website but I'll tag you in their event Forum here on BP too! 

And also, attorney recommendations appreciated too, as we would not do this without one that is well versed in the space. 

But interior space is more important as units are not as big.

I have a website built already and it's been up just floating about in the space of the internet with no organic searches.

They've ranked No. 180 among the fastest-growing private companies in America, showcasing impressive growth in the property management software space.