By Leeofwinnipeg on June 22, 2017 Verified by Email

Read the condo ducments April 2017 re a purchase. There is massive structural damage to the building. There is a cracked weight transfer beam in the parkade not repaired est $500,000, massive water damage in the area. Problems with building shifting. Spent $350,000 to resecure west balconies, other balconies have not been touched re the issue. $674000 in damage repair needed to replace parkade floors. $227000 needs to be done to replace siding. When new windows and doors were installed in 2013 water damage was noticed in the walls, possible mood or rot. Roof has 1 year till expiry est $68000 similar buildings elsewhere the actual cost is 2.5 million. Parkade insulation $75000. Exspanion ejoints $18200. Fire alarms systems need replace est $470000. In suite laundry drains after build installed plug up. It is estimated that 2.6 million in uprgrades are needed next 5 years that does not take into consideration inflation rate materials and wages. It is a 37 yr old building in need of a lot of work re the documents. If you buy you are funding a major constuction project.

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By Leeofwinnipeg on June 22, 2017 Verified by Email

Read the condo ducments April 2017 re a purchase. There is massive structural damage to the building. There is a cracked weight transfer beam in the parkade not repaired est $500,000, massive water damage in the area. Problems with building shifting. Spent $350,000 to resecure west balconies, other balconies have not been touched re the issue. $674000 in damage repair needed to replace parkade floors. $227000 needs to be done to replace siding. When new windows and doors were installed in 2013 water damage was noticed in the walls, possible mood or rot. Roof has 1 year till expiry est $68000 similar buildings elsewhere the actual cost is 2.5 million. Parkade insulation $75000. Exspanion ejoints $18200. Fire alarms systems need replace est $470000. In suite laundry drains after build installed plug up. It is estimated that 2.6 million in uprgrades are needed next 5 years that does not take into consideration inflation rate materials and wages. It is a 37 yr old building in need of a lot of work re the documents. If you buy you are funding a major constuction project.

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