Contingency Reserve Fund (CRF)
The typical Nanaimo strata building holds $4,133 per unit.
BUILT Pre-2000
$4,855 per unit
BUILT 2000–2015
$4,150 per unit
BUILT 2016+
Updating Soon
A lower reserve can reflect recent major work, not poor management.
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Nanaimo Strata Statistics
Reserve funds, special levies, insurance deductibles, water damage history, and EV readiness across strata buildings in Nanaimo Regional District - extracted from real strata documents.
Reserve Funds and Special Levies in Nanaimo
Special Levies
One-time charges for major repairs or projects.
Had a special levy in ~2 years
23%
Based on 60+ samples.
What each unit typically pays
$1,500 per special levy
Range: $499 - $2,929
How often levies are approved
85%
About 15% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Insurance Deductibles in Nanaimo Strata Buildings
Typical water deductible
$10,000
Most common claim type.
Based on 70+ samples.
Typical flood or sewer deductible
$25,000
A separate line item from water.
Based on 70+ samples.
Typical minimum earthquake deductible
$250,000
Plus ~10% of insured value.
Based on 45+ samples.
Water Damage and Repair Trends in Nanaimo
Water incidents per year
2per year
Average incidents in a strata building.
Based on 65+ samples.
Water incidents per 100 units
4.4per 100 units each year
Normalized for building size.
Based on 65+ samples.
Typical repair cost
$4,980per incident
Average repair cost per incident.
Based on 90+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
2.7
incidents per year
BUILT 2000–2015
1.4
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 unit44%
Common areas only28%
Multiple units19%
Multiple floors3%
Building-wide6%
400+ samples with a stated answer.
Strata Bylaws and Lifestyle Rules in Nanaimo
Buildings that restrict short-term rentals
90%
Where a clear bylaw exists.
45+ samples with a stated rule.
Buildings that ban both cats and dogs
15%
Buildings that prohibit both cats and dogs.
70+ samples with a stated rule.
Buildings that allow gas or propane BBQs
67%
Where a gas or propane barbecue is permitted.
35+ samples with a stated rule.
Elevators per 100 units
2.7
More elevators usually means less waiting and better service.
Based on 20+ samples.
EV Charging Readiness in Nanaimo Strata Buildings
Some EV readiness in place
55%
Planning stage
18%
No evidence of EV plans
27%
Questions to Ask Before Buying a Strata in Nanaimo
How should I compare a building's reserve fund against Nanaimo benchmarks?
Compare the building's reserve fund per unit from the Form B against the Nanaimo median of $4,133 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 Nanaimo?
The median reserve fund balance in Nanaimo is $4,133 per unit, based on 70+ samples.
How common are special levies in Nanaimo?
About 23% of strata buildings in Nanaimo had an approved special levy within the last two years, based on 60+ samples.
How do water incident rates differ by building age in Nanaimo?
Water incident frequency ranges from 1.4 per year in 2000–2015 buildings to 2.7 per year in pre-2000 buildings within this dataset.
How common are short-term rental restrictions in Nanaimo?
Approximately 90% of sampled strata buildings in Nanaimo have a stated restriction on short-term rentals.
What amenities are most common in Nanaimo strata buildings?
The most commonly reported amenities in Nanaimo are Bike Storage (found in 27% of buildings) and Party / Amenity room (16%). Gym / Fitness Room appears in 6% 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 Nanaimo Strata Statistics Were Built
Based on 75+ samples in Nanaimo. 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 199015%
1990-199948%
2000-200922%
2010-201912%
After 20203%
Building types in this dataset
Towers, townhouses, mixed-use, and more.
Residential only90%
Mixed-use (separate residential and commercial sections)9%
Integrated mixed-use1%
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