Teri Reid, B. Eng.

Project Coordinator

Teri employs engineering concepts and condition-based analyses to deliver comprehensive solutions to support the changing built environment. To adopt each new project as an opportunity to overcome challenges and enhance Teri’s knowledge and skills.

Services

Assessment and Capital Planning

teri.reid@pretiumeng.com

Office Location

Toronto

Education

Bachelor of Engineering - Civil Engineering, Carleton University, 2023

346 Davenport Rd., Toronto

3200 & 3210 Dakota Common, Burlington

Ridley College, St. Catharines

5300 14th Ave., Markham

1005 King Street W & 1 Shaw St, Toronto

A thorough reserve fund study update of two buildings, funding the requirements for capital spending while still meeting the Condominium Act requirements and satisfying the needs of both Boards.

Services

Assessment and Capital Planning

Subservices

Reserve Fund Study

Sector

Residential

Duration

2023

Client

Goldview Property Management

Project size

9 and 12 storey buildings (544 units)

This property consisted of two condominium buildings, one 9 storeys and the other 12 storeys tall, with 544 units combined.

Pretium completed a comprehensive review of both buildings including the:

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:

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 property manager and both condominium boards for these buildings to develop a realistic plan to fund the requirements for capital spending while meeting the Condominium Act requirements. This required coordination to ensure that the shared assets, such as the parking garage and mechanical equipment, met the needs of both boards.

View of one of the buildings.

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View of the courtyard between the two buildings.

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A section of the parking garage drive aisle.

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A view of one of the lower roofs from the adjacent building.

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A view of the low-rise section of the development.

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The building as seen from across the street.

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Project Team

Mark Bechthold

Project Principal, Assessment and Capital Planning Service Area Leader

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Hamilton East Kiwanis Non-Profit Homes

Evaluation of social housing properties, creating accurate capital plans that maintained the safety and comfort of the building’s residents, and helped the client obtain accessibility grants.

Services

Assessment and Capital Planning

Subservices

Accessibility Audit, PCA and Capital Planning

Sector

Residential

Duration

2023

Client

Hamilton East Kiwanis Non-Profit Homes, Inc.

Project Value

$270,000

Project size

30 buildings

Building condition assessments and accessibility audits were conducted at 30 facilities, consisting of multi-residential buildings, townhouse complexes, and a series of scattered detached properties.

Building condition assessments and accessibility audits were conducted at 30 facilities, consisting of multi-residential buildings, townhouse complexes, and a series of scattered detached properties. Assessments included a comprehensive review of all base building components including:

the building envelope
structure
site surfaces and appurtenances
HVAC
electrical
plumbing
fire protection and life safety systems
interior finishes
kitchen
accessibility
laundry equipment

Based on the review, a 30-year capital expenditure plan was developed and inputted into Asset Planner (the client’s existing facilities management software).

To deliver this project, Pretium completed the following measures:

Building Condition Assessment

Following a detailed on-site review of all building systems, our team generates cost and schedule tables for remedial work and rehabilitation, supported by a narrative at the level of detail required by each client. Standard or client-selected building component identification codes can be used to align with the client’s budgeting processes.

Accessibility Audit

An accessibility audit will identify gaps between the design and construction of an existing property and the AODA, OBC, and/or CSA standards applicable to universal design. The audit includes a visual assessment of the property. Our findings and proposed solutions are summarized in reports tailored to our clients, taking into account the limitations inherent in existing buildings.

Capital Planning

Building and property condition assessments and capital expenditure planning are critical for our clients to address the need and cost to repair, restore, or renew their assets. These reports are tailored to the planning requirements of the client.

AssetPlanner Software

Our team uses AssetPlanner to complete Building Condition Assessments, often at the portfolio level. It is an online planning tool that can be used by housing providers to understand the physical and financial condition of their buildings. AssetPlanner was developed by Ameresco Inc.

Client Benefits

We helped the client understand the long-term needs of their portfolio, so that projects could be prioritized, and funding secured from a variety of sources. Ultimately, Pretium’s assessments were used to help the client successfully apply for accessibility grants provided by CMHC.

Mid-rise building included in the assessments.

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Single family home included in the assessments.

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Unique multiplex building included in the assessment.

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Low-rise building included in the assessment.

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Townhouses included in the assessment.

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Low-rise building included in the assessment.

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Single family home included in the assessments.

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Project Team

Your Project, Our Expertise – Let’s Make It Happen

Our expert team is here to help you achieve your goals.

Get In Touch

1575 Lakeshore Road West, Mississauga

An extensive review of a newly constructed condominium was completed in compliance with the Tarion New Home Warranty program, leading to a dependable 40-year capital plan.

Services

Assessment and Capital Planning

Subservices

Performance Audit, Reserve Fund Study

Sector

Residential

Duration

2020

Client

Crossbridge Condominium Services

Project Value

$200,000

Project size

5 story building (292 units)

This residential apartment building consisted of 292 residential units with three wings: the west and centre wings were four stories tall, and the east wing was five stories tall.

The building was served by five elevators. The first-floor amenities on the west wing included a main entrance and lobby with concierge, a lounge area, meeting room, and guest suite. The first-floor amenities on the east wing included a patio BBQ lounge area, a party room, pet wash area, guest suite, hobby room, and fitness/gym room. The roof top terrace had an indoor dining and servery area. Parking was provided on the surface and within one and a half levels of underground garage, totaling 358 spaces.

Pretium completed a performance audit and reserve fund study at one-year post-declaration at this property.

The project included a comprehensive review of all base building components including the:

building envelope, structure, site surfaces, and appurtenances
HVAC
electrical
plumbing
fire protection and life safety systems
elevators
accessibility
interior finishes
kitchen
amenity equipment

Based on the review, a 40-year capital expenditure plan was developed.

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.