Contingency Reserve Fund (CRF)
The typical Kelowna strata building holds $3,045 per unit.
BUILT Pre-2000
$2,776 per unit
BUILT 2000–2015
$4,983 per unit
BUILT 2016+
Updating Soon
A lower reserve can reflect recent major work, not poor management.
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Kelowna Strata Statistics
Reserve funds, special levies, insurance deductibles, water damage history, and EV readiness across strata buildings in the city of Kelowna - extracted from real strata documents.
Reserve Funds and Special Levies in Kelowna
Special Levies
One-time charges for major repairs or projects.
Had a special levy in ~2 years
20%
Based on 45+ samples.
What each unit typically pays
$1,200 per special levy
Range: $283 - $4,200
How often levies are approved
63%
About 37% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Insurance Deductibles in Kelowna Strata Buildings
Typical water deductible
$25,000
Most common claim type.
Based on 50+ samples.
Typical flood or sewer deductible
$50,000
A separate line item from water.
Based on 50+ samples.
Typical minimum earthquake deductible
$100,000
Plus ~10% of insured value.
Based on 40+ samples.
Water Damage and Repair Trends in Kelowna
Water incidents per year
1.9per year
Average incidents in a strata building.
Based on 50+ samples.
Water incidents per 100 units
2.1per 100 units each year
Normalized for building size.
Based on 50+ samples.
Typical repair cost
$8,000per incident
Average repair cost per incident.
Based on 55+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
2
incidents per year
BUILT 2000–2015
2.5
incidents per year
BUILT 2016+
Updating Soon
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
Single unit34%
Common areas only30%
Multiple units18%
Multiple floors9%
Building-wide8%
285+ samples with a stated answer.
Strata Bylaws and Lifestyle Rules in Kelowna
Buildings that restrict short-term rentals
81%
Where a clear bylaw exists.
50+ samples with a stated rule.
Buildings that ban both cats and dogs
32%
Buildings that prohibit both cats and dogs.
15+ samples with a stated rule.
Buildings that allow gas or propane BBQs
71%
Where a gas or propane barbecue is permitted.
25+ samples with a stated rule.
Elevators per 100 units
2.1
More elevators usually means less waiting and better service.
Based on 35+ samples.
EV Charging Readiness in Kelowna Strata Buildings
Some EV readiness in place
59%
Planning stage
30%
No evidence of EV plans
11%
Questions to Ask Before Buying a Strata in Kelowna
How should I compare a building's reserve fund against Kelowna benchmarks?
Compare the building's reserve fund per unit from the Form B against the Kelowna median of $3,045 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 Kelowna?
The median reserve fund balance in Kelowna is $3,045 per unit, based on 50+ samples.
How common are special levies in Kelowna?
About 20% of strata buildings in Kelowna had an approved special levy within the last two years, based on 45+ samples.
How do water incident rates differ by building age in Kelowna?
Water incident frequency ranges from 2 per year in pre-2000 buildings to 2.5 per year in 2000–2015 buildings within this dataset.
How common are short-term rental restrictions in Kelowna?
Approximately 81% of sampled strata buildings in Kelowna have a stated restriction on short-term rentals.
What amenities are most common in Kelowna strata buildings?
The most commonly reported amenities in Kelowna 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 Kelowna? Get a BC strata document review for the specific building.
How These Kelowna Strata Statistics Were Built
Based on 55+ samples in Kelowna. 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 199017%
1990-199928%
2000-200928%
2010-201915%
After 202013%
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.
