Reserve Fund Studies in Ajax
Class 1, 2 and 3 studies for Ajax condominium corporations, sealed by a licensed Professional Engineer, with a 30-year funding plan and Form 15.
Reserve fund studies for Ajax condominiums
What the Condominium Act requires, and what it means for a corporation here.
Ajax, located in Durham Region, is a lakeshore Durham town where condominium development has accelerated since the 2000s. Close to Pickering, Whitby, Oshawa, it is roughly 40 km from our Vaughan head office. Every corporation here must have a reserve fund study completed within a year of registration, then updated at least every three years.
Corporations in Ajax are registered through the Durham land registry division, so you will see the prefix DSCC on registrations from May 2001 onward and DCC on earlier ones. That distinction is a useful shortcut: an DCC number usually indicates an older building whose major components are approaching or past their first replacement, which is exactly when an accurate funding plan matters most.
What the corporation is responsible for, as set out in the declaration, is what defines scope — not just what's on the property. Responsibility for the building envelope alone can mean two nearby corporations need substantially different studies.
Each study is sealed by a licensed Professional Engineer, and comes with a 30-year funding plan across three scenarios, plus the Notice of Future Funding (Form 15) the board must send owners within 15 days of proposing its plan.
What a Ajax study covers
Scope follows your declaration, but these are the components that drive most local budgets.
Regions and nearby cities
Ajax sits within Durham Region. We serve Southern Ontario broadly, generally staying within 500 km of our Vaughan office.
Nearby cities
Common questions
Reserve Fund Studies in Ajax
How often does a Ajax condominium need a reserve fund study?
A comprehensive study is required within one year of registration for every Ontario condominium corporation, followed by updates at least every three years, alternating Class 2 with a site visit and Class 3 without.
How much does a reserve fund study cost in Ajax?
It's driven by property size and type, the number of buildings, and whether a site visit applies. We give a fixed price for a defined scope before starting, not an hourly estimate.
How long does a study take?
It generally runs four to eight weeks from engagement, depending on property size and document turnaround.
Do you work with commercial and industrial condominiums in Ajax?
Yes. Every condominium corporation is covered regardless of use; it's the scope that changes, since common elements differ by property type.
Due for a Study in Ajax?
Send the corporation name and address and we'll confirm the class due, then reply with a fixed quote.