Contingency Reserve Fund (CRF)
The typical Surrey strata building holds $3,518 per unit.
BUILT Pre-2000
$4,713 per unit
BUILT 2000–2015
$4,089 per unit
BUILT 2016+
$1,540 per unit
A lower reserve can reflect recent major work, not poor management.
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Surrey Strata Statistics
Reserve funds, special levies, insurance deductibles, water damage history, and EV readiness across strata buildings in the city of Surrey - extracted from real strata documents.
Reserve Funds and Special Levies in Surrey
Special Levies
One-time charges for major repairs or projects.
Had a special levy in ~2 years
37%
Based on 180+ samples.
What each unit typically pays
$637 per special levy
Range: $233 - $1,722
How often levies are approved
79%
About 21% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Insurance Deductibles in Surrey Strata Buildings
Typical water deductible
$25,000
Most common claim type.
Based on 190+ samples.
Typical flood or sewer deductible
$25,000
A separate line item from water.
Based on 190+ samples.
Typical minimum earthquake deductible
$250,000
Plus ~15% of insured value.
Based on 185+ samples.
Water Damage and Repair Trends in Surrey
Water incidents per year
1.9per year
Average incidents in a strata building.
Based on 185+ samples.
Water incidents per 100 units
1.8per 100 units each year
Normalized for building size.
Based on 185+ samples.
Typical repair cost
$7,589per incident
Average repair cost per incident.
Based on 190+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
2.9
incidents per year
BUILT 2000–2015
1.9
incidents per year
BUILT 2016+
1.6
incidents per year
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
Single unit42%
Common areas only26%
Multiple units19%
Multiple floors7%
Building-wide6%
905+ samples with a stated answer.
Strata Bylaws and Lifestyle Rules in Surrey
Buildings that restrict short-term rentals
95%
Where a clear bylaw exists.
155+ samples with a stated rule.
Buildings that ban both cats and dogs
6%
Buildings that prohibit both cats and dogs.
175+ samples with a stated rule.
Buildings that allow gas or propane BBQs
94%
Where a gas or propane barbecue is permitted.
140+ samples with a stated rule.
Elevators per 100 units
1.6
More elevators usually means less waiting and better service.
Based on 65+ samples.
EV Charging Readiness in Surrey Strata Buildings
Some EV readiness in place
58%
Planning stage
31%
No evidence of EV plans
11%
Questions to Ask Before Buying a Strata in Surrey
How should I compare a building's reserve fund against Surrey benchmarks?
Compare the building's reserve fund per unit from the Form B against the Surrey median of $3,518 shown on this page. The depreciation report will show whether the fund is on track for planned expenses.
What is the typical reserve fund per unit in Surrey?
The median reserve fund balance in Surrey is $3,518 per unit, based on 190+ samples.
How common are special levies in Surrey?
About 37% of strata buildings in Surrey had an approved special levy within the last two years, based on 180+ samples.
How do water incident rates differ by building age in Surrey?
Water incident frequency ranges from 1.6 per year in 2016+ buildings to 2.9 per year in pre-2000 buildings within this dataset.
How common are short-term rental restrictions in Surrey?
Approximately 95% of sampled strata buildings in Surrey have a stated restriction on short-term rentals.
What amenities are most common in Surrey strata buildings?
The most commonly reported amenities in Surrey are Party / Amenity room (found in 68% of buildings) and Gym / Fitness Room (35%). Bike Storage appears in 25% of sampled buildings.
Beyond the numbers
The full picture lives in the documents
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
1
Bylaws & rules
Pet policies, rental restrictions, and daily obligations - these rules decide how you actually live in the building.
2
Insurance certificate
Deductibles, coverage limits, and what you're personally on the hook for if something goes wrong.
3
Depreciation report
The funding plan, how much life is left in major components, and when big-ticket repairs are coming.
4
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 reportHow These Surrey Strata Statistics Were Built
Based on 195+ samples in Surrey. Always review the building's own documents.
Data last updated: July 1, 2026
Age of buildings in this dataset
Where this market sits by building age.
Before 199012%
1990-199921%
2000-200924%
2010-201930%
After 202013%
Building types in this dataset
Towers, townhouses, mixed-use, and more.
Residential only92%
Mixed-use (separate residential and commercial sections)6%
Integrated mixed-use1%
residential with live work1%
commercial only1%
Explore More Areas
Dive deeper or compare strata statistics across related areas.
