York Region · Ontario

Reserve Fund Studies in York Region

York Region runs north from Toronto through Vaughan, Markham, Richmond Hill, Thornhill and Newmarket, with tower clusters along Highway 7 and Yonge Street.

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York Region, Ontario. View larger map

5cities with their own page

Class 1 · 2 · 3all three classes prepared in house

P.Eng sealedevery report, by the engineer responsible for it

YRSCC · YCCthe corporation prefixes across the region

Cities we serve in York Region

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

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 Newmarket Reserve fund studies for Newmarket condominium corporations City Thornhill Reserve fund studies for Thornhill condominium corporations

What the study involves

The requirement is the same across York 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 York Region are registered through the York land registry division. Registrations from May 2001 onward carry the prefix YRSCC; earlier ones carry YCC, 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.

Building envelopeCladding, sealants, windows and doors where the corporation is responsible 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.

ParkingParking, at grade or structured, following a repair schedule separate from the rest of the site.

Mechanical & electricalShared heating, ventilation, water service and distribution equipment.

Interior common areasShared interior spaces — corridors, lobbies, stairwells — where wear shows up well before it's structural.

Other service areas

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

Common questions

Reserve Fund Studies in York Region

Which cities does your York Region service cover?

We cover Vaughan, Markham, Richmond Hill, Newmarket, Thornhill, 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 York Region?

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

Request a Quote or call 1-888-607-6556