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Ontario · Ontario

Reserve Fund Studies in London

Class 1, 2 and 3 studies for London condominium corporations, sealed by a licensed Professional Engineer, with a 30-year funding plan and Form 15.

London, Ontario, Ontario — roughly 210 km from our Vaughan head office. View larger map
Ontariothe region this city sits in
~210 kmfrom our Vaughan head office
Class 1 · 2 · 3all three classes prepared in house
MSCC · MCCthe corporation prefixes you will see

Reserve fund studies for London condominiums

What the Condominium Act requires, and what it means for a corporation here.

London, located in Ontario, is Southwestern Ontario's largest city, with condominium stock spread across the north and west. Close to Woodstock, Waterloo, Kitchener, it is roughly 210 km from our Vaughan head office. Within a year of registration, every condominium corporation here needs a reserve fund study, updated at least every three years thereafter.

Corporations in London are registered through the Middlesex land registry division, so you will see the prefix MSCC on registrations from May 2001 onward and MCC on earlier ones. That distinction is a useful shortcut: an MCC 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.

The declaration sets the scope — it defines what the corporation is responsible for, not simply what's physically on site. Responsibility for the building envelope alone can mean two nearby corporations need substantially different studies.

A licensed Professional Engineer seals every study, which includes a 30-year, three-scenario funding plan and the Notice of Future Funding (Form 15), due to owners within 15 days of the board proposing its plan.

What a London study covers

Scope follows your declaration, but these are the components that drive most local budgets.

Building envelopeEnvelope components under corporate responsibility: cladding, sealants, windows and doors.
RoofingThe sloped roofs over the townhouse units, usually where the largest single cost sits.
Site worksRoads, asphalt, curbs and lighting across the site — frequently the majority of the report on low-rise property.
ParkingSurface lots or a structure, each with its own repair cycle and cost profile.
Mechanical & electricalCommon mechanical and electrical infrastructure — heating, ventilation, water and distribution.
Interior common areasShared interior spaces — corridors, lobbies, stairwells — where wear shows up well before it's structural.

Regions and nearby cities

London sits within Ontario. Our coverage runs across Southern Ontario, generally within about 500 km of Vaughan.

Nearby cities

Common questions

Reserve Fund Studies in London

How often does a London condominium need a reserve fund study?

Within a year of registration, every Ontario condominium corporation needs a comprehensive study, then updates at least every three years, alternating a Class 2 site-visit update with a Class 3 update that skips it.

How much does a reserve fund study cost in London?

Property size, type, the number of buildings and whether a site visit is needed all factor in. We fix the price to a defined scope up front rather than charging by the hour.

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 London?

Yes. Use doesn't exempt a corporation from the requirement — only the scope shifts, driven by differences in the common elements.

Due for a Study in London?

Send the corporation name and address and we'll confirm the class due, then reply with a fixed quote.