203 College Street, Toronto

A comprehensive building review including the analysis and understanding of various tests and code compliance checks was completed, resulting in a reliable building and capital plan for years to come.

Services

Assessment and Capital Planning

Subservices

Performance Audit, Reserve Fund Study

Sector

Residential

Duration

2021

Client

Forest Hill Kipling

Project Value

$40,000

Project size

30 stories (243 units)

The property includes a 30-storey condominium building containing 243 residential units constructed in 2021.

The project included a comprehensive review of building components warranted by Tarion, related to the:

parking garage and balconies
building envelope
fire separations
mechanical, electrical, and plumbing systems
barrier-free design
interior finishes
roof
exterior site elements

To deliver this project, Pretium completed the following measures:

Performance Audit

Performance Audits are mandated by the Ontario Condominium Act and include a comprehensive review of all building systems. These reports, along with the Tarion Warranty Program deficiency tracking protocol, identify defects in the construction of common elements. Once the report is submitted to Tarion, we present arguments for repair and assess the builder’s proposed repairs throughout Resolution and Conciliation.

Reserve Fund Study

Reserve Fund Studies are mandated by the Ontario Condominium Act and create a funding forecast to maintain common element components. Our reports include all mandated funding schedules. Since every building is unique, various funding scenarios may satisfy the condominium’s obligations. Our team will discuss these scenarios with management and the Board to determine which suits their property best.

Client Benefits

Pretium worked with the builder to resolve building performance deficiencies at one and two years following the declaration of construction completion.

This included:

coordinating and reviewing third-party noise and vibration testing
water testing
air tightness testing
electrical infrared testing
elevator load testing
extensive reviews of window washing equipment design
reviews of OBC, ASHRAE, OHSA, and CSA requirements, resulting in several successful conciliation meetings

This provided property management and the board of directors with informed decisions moving forward with repairs and budget allocations. Pretium was also able to provide property management with a reliable long-term capital plan based on the reviews performed.

Equipment located in the elevator machine room.

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