Reserve funds, special assessments, insurance deductibles, water damage history, and EV readiness across condo buildings in the city of Calgary - extracted from real condominium documents.
Reserve Fund Balance
The typical Calgary building holds $6,631 per unit.
BUILT Pre-1980
$5,478 per unit
BUILT 1980–1999
$9,033 per unit
BUILT 2000–2015
$7,200 per unit
BUILT 2016+
$2,840 per unit
A lower reserve can reflect recent major work, not poor management.
Special Assessments
One-time charges for major repairs or projects.
Had a special assessment in ~2 years
11%
Based on 15+ samples.
What each unit typically pays
$2,784 per special assessment
Range: $1,549 - $4,373
How often assessments are approved
100%
An assessment can mean the building is fixing a problem, not ignoring one.
Typical water deductible
$25,000
Most common claim type.
Based on 75+ samples.
Typical flood or sewer deductible
$50,000
A separate line item from water.
Based on 80+ samples.
Typical minimum earthquake deductible
$100,000
Plus ~5% of insured value.
Based on 80+ samples.
Water incidents per year
1.8per year
Average incidents in a condo building.
Based on 35+ samples.
Water incidents per 100 units
1.1per 100 units each year
Normalized for building size.
Based on 35+ samples.
Typical repair cost
$12,214per incident
Average repair cost per incident.
Based on 45+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-1980
2.1
incidents per year
BUILT 1980–1999
1.9
incidents per year
BUILT 2000–2015
1.8
incidents per year
BUILT 2016+
0.7
incidents per year
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
215+ samples with a stated answer.
Buildings that restrict short-term rentals
45%
Where a clear bylaw exists.
85+ samples with a stated rule.
Buildings that ban both cats and dogs
17%
Buildings that prohibit both cats and dogs.
10+ samples with a stated rule.
Buildings that allow gas or propane BBQs
86%
Where a gas or propane barbecue is permitted.
60+ samples with a stated rule.
Elevators per 100 units
1.8
More elevators usually means less waiting and better service.
Based on 65+ samples.
Some EV readiness in place
27%
Planning stage
19%
No evidence of EV plans
54%
Compare the building's reserve fund per unit from the status certificate against the Calgary median of $6,631 shown on this page. The reserve fund study will show whether the fund is on track for planned expenses.
The median reserve fund balance in Calgary is $6,631 per unit, based on 75+ samples.
The median water damage deductible in Calgary is $25,000, based on 75+ samples. Deductibles vary by building age, claims history, and insurer.
Water incident frequency ranges from 0.7 per year in 2016+ buildings to 2.1 per year in pre-1980 buildings within this dataset.
Approximately 45% of sampled condo buildings in Calgary have a stated restriction on short-term rentals.
The most commonly reported amenities in Calgary are Gym / Fitness Room (found in 100% of buildings) and Pool (100%). Hot Tub appears in 100% of sampled buildings.
The statistics above are a starting point. Every condo building has its own document package - hundreds of pages covering finances, insurance, bylaws, and building condition. It’s the only way to truly understand what you’re buying into.
Once you have the documents, start here
Bylaws & rules
Pet policies, rental restrictions, and daily obligations - these rules decide how you actually live in the building.
Insurance certificate
Deductibles, coverage limits, and what you're personally on the hook for if something goes wrong.
Reserve Fund Study
The funding plan, how much life is left in major components, and when big-ticket repairs are coming.
Recent council minutes
Unresolved disputes, upcoming projects, and how decisions actually get made.
Already have the document package?
Skip the 300‑page read.
We pull out the key risks, costs, and rules so you don’t have to.
See a sample reportBuying in Calgary? Get a Calgary condo document review for the specific building.
Based on 90+ samples in Calgary. Always review the building's own documents.
Data last updated: September 30, 2026
Age of buildings in this dataset
Where this market sits by building age.
Building types in this dataset
Towers, townhouses, mixed-use, and more.
Dive deeper or compare condo statistics across related areas.
