Reserve funds, special levies, insurance deductibles, water damage history, and EV readiness across strata buildings in Central Okanagan Regional District - extracted from real strata documents.
Contingency Reserve Fund (CRF)
The typical Central Okanagan strata building holds $3,407 per unit.
BUILT Pre-2000
$3,274 per unit
BUILT 2000–2015
$5,166 per unit
BUILT 2016+
$1,392 per unit
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
18%
Based on 60+ samples.
What each unit typically pays
$1,071 per special levy
Range: $368 - $4,200
How often levies are approved
65%
About 35% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Typical water deductible
$25,000
Most common claim type.
Based on 65+ samples.
Typical flood or sewer deductible
$30,000
A separate line item from water.
Based on 65+ samples.
Typical minimum earthquake deductible
$100,000
Plus ~10% of insured value.
Based on 60+ samples.
Water incidents per year
1.4per year
Average incidents in a strata building.
Based on 65+ samples.
Water incidents per 100 units
1.9per 100 units each year
Normalized for building size.
Based on 65+ samples.
Typical repair cost
$8,000per incident
Average repair cost per incident.
Based on 60+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
1.8
incidents per year
BUILT 2000–2015
1.7
incidents per year
BUILT 2016+
1.4
incidents per year
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
320+ samples with a stated answer.
Buildings that restrict short-term rentals
81%
Where a clear bylaw exists.
65+ samples with a stated rule.
Buildings that ban both cats and dogs
23%
Buildings that prohibit both cats and dogs.
25+ samples with a stated rule.
Buildings that allow gas or propane BBQs
74%
Where a gas or propane barbecue is permitted.
35+ samples with a stated rule.
Elevators per 100 units
2.1
More elevators usually means less waiting and better service.
Based on 45+ samples.
Some EV readiness in place
56%
Planning stage
35%
No evidence of EV plans
9%
Compare the building's reserve fund per unit from the Form B against the Central Okanagan median of $3,407 shown on this page. The depreciation report will show whether the fund is on track for planned expenses.
The median reserve fund balance in Central Okanagan is $3,407 per unit, based on 70+ samples.
About 18% of strata buildings in Central Okanagan had an approved special levy within the last two years, based on 60+ samples.
Water incident frequency ranges from 1.4 per year in 2016+ buildings to 1.8 per year in pre-2000 buildings within this dataset.
Approximately 81% of sampled strata buildings in Central Okanagan have a stated restriction on short-term rentals.
The most commonly reported amenities in Central Okanagan 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 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 Central Okanagan? Get a BC strata document review for the specific building.
Based on 70+ samples in Central Okanagan. 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 strata statistics across related areas.
