It seems like the “Friends Only” thing is very literal, where it won’t even show you your own canvases. At least it seems that way when I tested it.
Place down some canvases in your condo.
Set your Canvas Safety Level to Friends Only.
See if you can see the canvases.
To be able to see my own canvases.
I couldn’t see my own.
Hosted on Friends Only:
Hosted on Public: