Depreciation Report · British Columbia
Depreciation Report in Burnaby
Reserve Plus has been engaged for more than 250 depreciation reports across 42 British Columbia communities since 2020, more than 80 of them in Metro Vancouver.
Our record near Burnaby
Reserve Plus has worked in 42 British Columbia communities since 2020, including 12 across Metro Vancouver. These are engagements, meaning corporations that appointed us, not enquiries. Across British Columbia we study everything from small bare-land and townhouse corporations to properties of more than 300 units. Of those, 8 have 100 units or more.
In Burnaby
7 depreciation reports (2023 to 2025), covering 828 units. Every report is authored by a qualified professional and delivered as a first draft in 30 days or less, with myRPlanner (powered by StelorPM) included in Standard and Premium studies.
Strata buildings in Burnaby
Burnaby’s stratas cluster around its town centres, Metrotown, Brentwood, Edmonds and Lougheed, where concrete towers dominate, with older wood-frame low-rises and townhouses in the neighbourhoods between. Towers have a long-lived structure but expensive systems, and those systems drive the depreciation report.
What most often shapes a plan here:
- Elevators, mechanical plant and life safety systems.
- Window walls, glazing and the building envelope.
- Parkade membranes and drainage, and electrical capacity for EV charging.
Of the 7 Burnaby properties we have studied with a recorded size, 3 had 100 units or more, 3 had 11 to 24 units and 1 had 50 to 99 units.
What British Columbia requires
Requirements are set by the province, not the municipality, so a Burnaby corporation is governed by the same rules as the rest of British Columbia. The full requirements, including who is eligible to author the report, are on our British Columbia page.
What you receive
A component inventory with condition and remaining life, replacement costs, a 30-year funding projection, and myRPlanner with Standard and Premium studies. What a depreciation report includes.
Request a quote for your Burnaby property
Questions from Burnaby boards
Does Reserve Plus work in Burnaby?
Yes. In Burnaby, Reserve Plus has been engaged for 7 depreciation reports (2023 to 2025), covering 828 units. Reserve Plus has been engaged for more than 250 depreciation reports across 42 British Columbia communities since 2020, more than 80 of them in Metro Vancouver. Across British Columbia we study everything from small bare-land and townhouse corporations to properties of more than 300 units. Of those, 8 have 100 units or more.
When is the depreciation report deadline for Burnaby stratas?
Burnaby is in Metro Vancouver, so the deadline was July 1, 2026 for stratas with five or more lots that had no report, or only one dated before December 31, 2020. A strata that missed it should book one now. The Electrical Planning Report is due December 31, 2026.