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Greater Toronto Area · Ontario

Reserve Fund Studies in Greater Toronto Area

The Greater Toronto Area covers the City of Toronto together with Peel, York, Durham and Halton — the largest concentration of condominium corporations in Canada.

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Greater Toronto Area, Ontario. View larger map
13cities with their own page
Class 1 · 2 · 3all three classes prepared in house
P.Eng sealedevery report, by the engineer responsible for it
Every 3 yearsthe maximum interval between updates

Cities we serve in Greater Toronto Area

Each city has its own page, with local detail and the corporation prefixes you will see there.

City Toronto Reserve fund studies for Toronto condominium corporations City Mississauga Reserve fund studies for Mississauga condominium corporations City Brampton Reserve fund studies for Brampton condominium corporations City Vaughan Reserve fund studies for Vaughan condominium corporations City Markham Reserve fund studies for Markham condominium corporations City Richmond Hill Reserve fund studies for Richmond Hill condominium corporations City Oakville Reserve fund studies for Oakville condominium corporations City Burlington Reserve fund studies for Burlington condominium corporations City Milton Reserve fund studies for Milton condominium corporations City Oshawa Reserve fund studies for Oshawa condominium corporations City Whitby Reserve fund studies for Whitby condominium corporations City Ajax Reserve fund studies for Ajax condominium corporations City Pickering Reserve fund studies for Pickering condominium corporations

What the study involves

The requirement is the same across Greater Toronto Area; 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.

Prefixes vary by land registry division across the province — TSCC in Toronto, PSCC in Peel, YRSCC in York, DSCC in Durham, OCSCC in Ottawa and so on. The prefix tells you both where a corporation was registered and, from the presence or absence of the word "Standard", roughly when.

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.

Building envelopeExterior cladding, sealants, windows and doors, wherever the corporation holds responsibility for them.
RoofingShingle roofing across the townhouse blocks, typically the biggest line item on the property.
Site worksPrivate roads, asphalt, curbs, walkways and lighting — often the bulk of the study on a low-rise or townhouse corporation.
ParkingSurface lots or a structure, each with its own repair cycle and cost profile.
Mechanical & electricalThe shared systems: heating, ventilation, incoming water service and electrical distribution.
Interior common areasCorridors, lobbies and stairwells, where finishes wear on a visible cycle.

Other service areas

We work throughout Southern Ontario and eastern Ontario, from our Vaughan and Ottawa offices.

Common questions

Reserve Fund Studies in Greater Toronto Area

Which cities does your Greater Toronto Area service cover?

We cover Toronto, Mississauga, Brampton, Vaughan, Markham, Richmond Hill, Oakville, Burlington, Milton, Oshawa, Whitby, Ajax, Pickering, 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 Greater Toronto Area?

Tell us the corporation name and the property address, and we'll confirm which class is due, then follow up with a fixed quote.

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