Contingency Reserve Fund (CRF)
The typical Surrey strata building holds $3,483 per unit.
BUILT Pre-2000
$4,710 per unit
BUILT 2000–2015
$3,993 per unit
BUILT 2016+
$1,536 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
34%
Based on 200+ samples.
What each unit typically pays
$556 per special levy
Range: $250 - $1,713
How often levies are approved
77%
About 23% 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 215+ samples.
Typical flood or sewer deductible
$25,000
A separate line item from water.
Based on 215+ samples.
Typical minimum earthquake deductible
$250,000
Plus ~15% of insured value.
Based on 215+ samples.
Water Damage and Repair Trends in Surrey
Water incidents per year
1.9per year
Average incidents in a strata building.
Based on 210+ samples.
Water incidents per 100 units
1.9per 100 units each year
Normalized for building size.
Based on 210+ samples.
Typical repair cost
$7,612per incident
Average repair cost per incident.
Based on 225+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
3
incidents per year
BUILT 2000–2015
1.9
incidents per year
BUILT 2016+
1.5
incidents per year
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
Single unit43%
Common areas only25%
Multiple units19%
Multiple floors7%
Building-wide6%
1,060+ samples with a stated answer.
Strata Bylaws and Lifestyle Rules in Surrey
Buildings that restrict short-term rentals
84%
Where a clear bylaw exists.
220+ samples with a stated rule.
Buildings that ban both cats and dogs
28%
Buildings that prohibit both cats and dogs.
40+ samples with a stated rule.
Buildings that allow gas or propane BBQs
94%
Where a gas or propane barbecue is permitted.
170+ samples with a stated rule.
Elevators per 100 units
1.7
More elevators usually means less waiting and better service.
Based on 110+ samples.
EV Charging Readiness in Surrey Strata Buildings
Some EV readiness in place
64%
Planning stage
32%
No evidence of EV plans
4%
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 $3,483 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 $3,483 per unit, based on 220+ samples.
How common are special levies in Surrey?
About 34% of strata buildings in Surrey had an approved special levy within the last two years, based on 200+ samples.
How do water incident rates differ by building age in Surrey?
Water incident frequency ranges from 1.5 per year in 2016+ buildings to 3 per year in pre-2000 buildings within this dataset.
How common are short-term rental restrictions in Surrey?
Approximately 84% 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 Gym / Fitness Room (found in 100% of buildings) and Pool (100%). Hot Tub appears in 100% 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 reportBuying in Surrey? Get a BC strata document review for the specific building.
How These Surrey Strata Statistics Were Built
Based on 225+ samples in Surrey. 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.
Before 199011%
1990-199921%
2000-200925%
2010-201930%
After 202014%
Building types in this dataset
Towers, townhouses, mixed-use, and more.
Residential only95%
Integrated mixed-use5%
Explore More Areas
Dive deeper or compare strata statistics across related areas.
