Compare strata buildings across Vancouver Island MLS Board on reserve funds, levies, insurance, water risk, bylaws, and EV readiness. See what's typical before reviewing a specific building.
How to use this page
Check the money
Reserve fund, special levies, and insurance deductibles.
Check the building condition
Water history, repairs, and age-related patterns.
Check the rules and lifestyle fit
Pets, rentals, EV charging, and key rules.
Source: StrataReports. If you reference this data, please link back to this page.
Strata Costs
Reserve funds, levies, and deductibles help show future cost pressure.
Contingency Reserve Fund (CRF)
The typical Vancouver Island strata building holds $4,202 per unit.
BUILT Pre-2000
$4,924 per unit
BUILT 2000–2015
$5,167 per unit
BUILT 2016+
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
23%
Based on 75+ samples.
What each unit typically pays
$1,906 per special levy
Range: $941 - $4,072
How often levies are approved
87%
About 13% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Insurance
Typical strata insurance deductibles in Vancouver Island.
Typical water deductible
$15,000
Most common claim type.
Based on 90+ samples.
Typical flood or sewer deductible
$25,000
A separate line item from water.
Based on 90+ samples.
Typical minimum earthquake deductible
$250,000
Plus ~10% of insured value.
Based on 55+ samples.
Water & Repairs
Water issues can point to repair risk and future cost.
Water incidents per year
1.8per year
Average incidents in a strata building.
Based on 85+ samples.
Water incidents per 100 units
4.5per 100 units each year
Normalized for building size.
Based on 80+ samples.
Typical repair cost
$8,000per incident
Average repair cost per incident.
Based on 105+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
2.6
incidents per year
BUILT 2000–2015
1.6
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.
440+ samples with a stated answer.
Bylaws & Lifestyle Rules
Rules on pets, rentals, BBQs, and amenities can affect fit.
Buildings that restrict short-term rentals
92%
Where a clear bylaw exists.
60+ samples with a stated rule.
Buildings that ban both cats and dogs
14%
Buildings that prohibit both cats and dogs.
80+ samples with a stated rule.
Buildings that allow gas or propane BBQs
70%
Where a gas or propane barbecue is permitted.
40+ samples with a stated rule.
Elevators per 100 units
3
More elevators usually means less waiting and better service.
Based on 30+ samples.
EV Charging
How prepared Vancouver Island strata buildings are for EV charging.
Some EV readiness in place
56%
Planning stage
17%
No evidence of EV plans
27%
Buyer Due Diligence
Compare area benchmarks with the building's own documents.
Compare the building's reserve fund per unit from the Form B against the Vancouver Island median of $4,202 shown on this page. The depreciation report will show whether the fund is on track for planned expenses.
The median reserve fund balance in Vancouver Island is $4,202 per unit, based on 85+ samples.
About 23% of strata buildings in Vancouver Island had an approved special levy within the last two years, based on 75+ samples.
Water incident frequency ranges from 1.6 per year in 2000–2015 buildings to 2.6 per year in pre-2000 buildings within this dataset.
Approximately 92% of sampled strata buildings in Vancouver Island have a stated restriction on short-term rentals.
The most commonly reported amenities in Vancouver Island are Bike Storage (found in 28% of buildings) and Party / Amenity room (15%). Gym / Fitness Room appears in 6% 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 reportData & Methodology
Based on strata documents from Vancouver Island buildings in our dataset.
Based on 95+ samples in Vancouver Island. Always review the building's own documents.
Data last updated: May 17, 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.
