Durham Region · Ontario
Reserve Fund Studies in Durham Region
Durham Region stretches east from Toronto along Lake Ontario through Pickering, Ajax, Whitby, Oshawa and Clarington, with a condominium stock that has grown steadily since the 1970s.
Cities we serve in Durham Region
Each city has its own page, with local detail and the corporation prefixes you will see there.
What the study involves
The requirement is the same across Durham Region; the scope depends on the property.
Every condominium corporation must complete a comprehensive reserve fund study within one year of registration, then update it at least every three years — alternating between a Class 2 update with a site visit and a Class 3 update without one.
Corporations across Durham Region are registered through the Durham land registry division. Registrations from May 2001 onward carry the prefix DSCC; earlier ones carry DCC, which usually signals an older building with components at or past their first replacement.
The study inventories the major components, assesses their condition, estimates remaining service life and replacement cost, then models the fund year by year over 30 years against three funding scenarios.
It ends with a sealed report and the Notice of Future Funding (Form 15) that the board must send owners and the auditor.
Components we assess
Scope follows your declaration — what the corporation is responsible for, not what happens to sit on the property.
Other service areas
We work throughout Southern Ontario and eastern Ontario, from our Vaughan and Ottawa offices.
Common questions
Reserve Fund Studies in Durham Region
Which cities does your Durham Region service cover?
We cover Oshawa, Whitby, Ajax, Pickering, Bowmanville, Newcastle, and the surrounding municipalities.
How often must a reserve fund study be updated?
At least every three years, alternating between a Class 2 update with a site visit and a Class 3 update without one. The first comprehensive Class 1 study is due within a year of registration.
Who is qualified to prepare the study?
A qualified person as defined in the regulation, most commonly a licensed Professional Engineer or an architect. Every study we prepare is sealed by a licensed Professional Engineer.
Due for a Study in Durham Region?
Give us the corporation name and address; we'll identify the class that's due and reply with a fixed quote.