Reserve funds, special levies, insurance deductibles, water damage history, and EV readiness across strata buildings in Lougheed, Burnaby - extracted from real strata documents.
Contingency Reserve Fund (CRF)
The typical Lougheed, Burnaby strata building holds $3,343 per unit.
BUILT Pre-1980
$3,560 per unit
BUILT 1980–1999
Updating Soon
BUILT 2000+
Updating Soon
A lower reserve can reflect recent major work, not poor management.
Special Levies
One-time charges for major repairs or projects.
Had a special levy in ~2 years
41%
Based on 20+ samples.
What each unit typically pays
$1,912 per special levy
Range: $736 - $4,231
How often levies are approved
60%
About 40% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Typical water deductible
$32,500
Most common claim type.
Based on 20+ samples.
Typical flood or sewer deductible
$30,000
A separate line item from water.
Based on 20+ samples.
Typical minimum earthquake deductible
$250,000
Plus ~15% of insured value.
Based on 20+ samples.
Water incidents per year
3.7per year
Average incidents in a strata building.
Based on 20+ samples.
Water incidents per 100 units
2.6per 100 units each year
Normalized for building size.
Based on 20+ samples.
Typical repair cost
$11,276per incident
Average repair cost per incident.
Based on 25+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-1980
4
incidents per year
BUILT 1980–1999
Updating Soon
BUILT 2000+
Updating Soon
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
180+ samples with a stated answer.
Buildings that restrict short-term rentals
100%
Where a clear bylaw exists.
20+ samples with a stated rule.
Buildings that ban both cats and dogs
21%
Buildings that prohibit both cats and dogs.
15+ samples with a stated rule.
Buildings that allow gas or propane BBQs
88%
Where a gas or propane barbecue is permitted.
15+ samples with a stated rule.
Elevators per 100 units
1.5
More elevators usually means less waiting and better service.
Based on 10+ samples.
Some EV readiness in place
45%
Planning stage
41%
No evidence of EV plans
14%
Compare the building's reserve fund per unit from the Form B against the Lougheed, Burnaby median of $3,343 shown on this page. The depreciation report will show whether the fund is on track for planned expenses.
The median reserve fund balance in Lougheed, Burnaby is $3,343 per unit, based on 20+ samples.
About 41% of strata buildings in Lougheed, Burnaby had an approved special levy within the last two years, based on 20+ samples.
Approximately 100% of sampled strata buildings in Lougheed, Burnaby have a stated restriction on short-term rentals.
The most commonly reported amenities in Lougheed, Burnaby are Pool (found in 55% of buildings) and Party / Amenity room (55%). Gym / Fitness Room appears in 50% of sampled buildings.
Approximately 32% of sampled buildings in Lougheed, Burnaby do not allow dogs, based on stated bylaws.
The statistics above are a starting point. Every strata 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.
Depreciation report
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 Lougheed, Burnaby? Get a BC strata document review for the specific building.
Based on 20+ samples in Lougheed, Burnaby. Always review the building's own documents.
Data last updated: July 23, 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 strata statistics across related areas.
