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1208 — 88 Harbour Street, Toronto, ON M5J 0C3
June 7, 2026 Status Certificate · Strata Meeting Minutes · Depreciation Report
Executive Summary
- Reserve fund is only 64% funded against the level required under the Ontario Condominium Act — a moderate shortfall.
- A $4,200/unit special assessment for garage membrane repairs was passed at the March 2026 AGM.
- One active lawsuit relating to a 2024 water-ingress claim remains unresolved.
- Short-term rentals (Airbnb) are prohibited; long-term rentals are capped at 25% of units.
- Monthly maintenance fees increased 8.5% year-over-year, above the building's 10-year average.
Risk Score
58
out of 100
Scores 12 points below comparable buildings in postal code M5J.
Current balance
$2,140,000
Required by law
$3,350,000
Funding
64%
Projected shortfall
$1,210,000
Benchmark: Ontario Condominium Act, 1998 — s.94 Reserve Fund Study
Negotiation Brief
A lawyer-ready PDF summarizing every risk above with suggested negotiation points.
Raw Documents
Status_Certificate_88Harbour.pdf8.4 MB
AGM_Minutes_March2026.pdf2.1 MB
Depreciation_Report_2025.pdf14.7 MB