Building Science - Reserve Funds Study

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It’s 10 years from now.
How are you going to pay for your condo’s parking garage repairs?

Piggy BankPinchin Environmental’s comprehensive Reserve Fund Study report tells you what you need to know today to make smart decisions for tomorrow

A thorough and accurate Reserve Fund Study that includes a financial and physical analysis of your building(s) is crucial to protecting the value of any residential or business condominium corporation. The Ontario Condominium Act requires a Reserve Fund Study upon construction and every three years after that. It’s important that you hire a reputable, experienced consulting firm to ensure you have an accurate picture of your building’s current condition and future maintenance and requirements.

Pinchin Environmental has highly qualified professional engineers and technologists that provide comprehensive reports with clear recommendations written in plain language.

A Pinchin Environmental Reserve Fund Study includes:

  • Visual inspection of all building components, including exterior walls,roofs, structure, interior finishes, plumbing, HVAC, electrical and elevators
  • Review of the condition and evaluation of life expectancy of building components
  • Evaluation of the need for immediate and future repairs/replacements
  • Cost estimate for future repairs/replacements of building components
  • Plans for immediate, 5, 10, 20 and 30-year time frames outlining repairs, and replacements of building components
  • Cost analysis and budget allocation for future repairs and replacement of building components
  • Distribution and review of owner questionnaire
  • Interviews with 20% of corporation’s owners to address the issues/problems being faced
  • Follow-up services include meeting with the board/owner(s) to present the findings and allow the review of the draft report before the final report is prepared
  • Update service also available (if comprehensive study has been completed)

Pinchin’s Reserve Fund Study service is part of our Building Science Division,

Offering the following services for Property Owners and Managers, Asset Managers, Financial Institutions, Mortgage Companies, Investor Groups, Developers, Government Institutions, Health Care and Education Facilities:

  • Roofing assessments, repair and replacement
  • Parking garage assessments, repair and replacement
  • High-rise curtain wall and balcony repair and replacement
  • Large-scale window, skylight and door replacements
  • Foundation assessments
  • Penthouses, including mechanical room assessments, repair and replacement
  • Building condition assessments