Reserve Fund Studies in Brampton

Brampton, located in Peel Region, is a fast-growing city with a condominium stock weighted towards townhouses and mid-rises. Close to Mississauga, Vaughan, Milton, it is roughly 35 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 Brampton are registered through the Peel land registry division, so you will see the prefix PSCC on registrations from May 2001 onward and PCC on earlier ones. That distinction is a useful shortcut: an PCC 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. Even neighbouring corporations can need very different studies, depending on whether the building envelope falls to the corporation or the owners.

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.