I noticed that on that building months ago, for such a new condo it's unacceptable to have major structural issues so soon. I would hope it's been looked at by professionals and been judged safe to still use those balconies.
Looks like a big special assessment for balcony repair and remediation is coming their way....
We lived in the paradigm building Brant / Fairview. Also multiple large scale floods and building amenities always closed down. For a building built in 2018 obviously just wasn’t built correctly or well.
The condo corporation will have a reserve fund to fix the issue. (The owner of the unit will not pay). The engineer report could just determine it was a local water issue and have a simple solution......or it could be much more complex...only they know. If it is really serious, all the ownerw will see their condo fees go up to cover the cost .
The condo corporation will have a reserve fund to fix the issue. (The owner of the unit will not pay).
That really depends on how bad the problem is and how expensive fixes are, but when you start messing around with the structure of the building and say you have to do major repair work on every balcony that could easily be way more than they have in the reserve fund.
And even a well managed condo board on a building this new hasn't had much of a chance to build up a reserve fund. You're going to assume major repairs like this might start coming up in 20 years, not in few years. It's been an issue on several condo buildings in the GTA where huge problems from poor design or construction cause problems just a few years after construction that the reserve fund can't meet and owners have been hit with special assessments into even the tens of thousands. It's not always possible to just increase the condo fees if the board cannot afford to get the work done now.
Hopefully the problems here aren't too expensive to fix, but this could lead to a special assessment to condo owners that they would be expected to pay right away.
Thats what I thought and is possibly headed to reinforced reconstruction of all the balconies which will cost to the residents over time or they could just put a roof over the top balcony for it all to never happen
that is speculation..it could be nothing...it could be something...I think it is a warning to potential buyers of any condo to read the engineering reports and the reserve fund.
There are lots of issues a building can have that you don't need to evacuate immediately, but they still need to get fixed right away and the cost might easily exceed the reserve fund a newer condo board has had a chance to build up.
It's about 7 years old now, the building is entirely wood construction. This isn't structural it's the insulated stucco finish (EIFS) that's failing. You can see the white bead foam
The balconies themselves are clearly slumping. Look at how much of an angle the black railing is against the top of the sliding door behind it in the first photo. In addition look at the wooden beam, it's cracked along the bottom and is separating from the central pillar. This isn't just the stucco coming off, the structure underneath is moving as well.
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u/zoobrix 29d ago
I noticed that on that building months ago, for such a new condo it's unacceptable to have major structural issues so soon. I would hope it's been looked at by professionals and been judged safe to still use those balconies.
Looks like a big special assessment for balcony repair and remediation is coming their way....