Perth Condominium Corporation No. 2 – Reserve Fund Study
DISCIPLINE
Building Science
CLIENT
Perth Condominium Corporation No.2
LOCATION
Stratford, ON
Perth Condominium Corporation No. 2, located at 11 Cobourg Street in the City of Stratford, is a nine-storey residential building comprising 28 residential units and one commercial unit. Completed between 1984 and 1985, and officially registered as a condominium corporation in 1988, the property includes two levels of underground parking.
Situated on a square-shaped lot adjacent to the Avon River, the property features a small, landscaped area at the front and visitor parking at the rear. The residential units are distributed across Levels 2 to 8, with the mechanical penthouse located on Level 9. Key features of the building include concrete construction, elevator access to all floors, and several common areas.
-
The property’s infrastructure includes a two-level parking structure with 26 parking spaces. The parking garage underwent rehabilitation in 2009/2010, including the reconstruction of the suspended slab. The common areas and surrounding roadways feature interlocking paving stones and concrete walkways. The building's exterior is finished with synthetic stucco, applied in 2025.
Being now over 40 years old, ongoing maintenance and improvement projects are always being considered for the property. Prototeck were retained to complete an update of the reserve fund study in 2023 and another update will be undertaken in 2026. It is important to consider the current condition of all of the common elements and schedule replacements and repairs to ensure that the property stays in good condition.
The condominium is located on a compact site, tucked neatly into the fabric of historic downtown Stratford. The surrounding area includes a mix of commercial and public spaces. While no significant ongoing issues have been identified, the Corporation is focused on proactive maintenance to ensure the building’s continued functionality and preservation.