Residents at Northumberland Condominiums in Charlottetown are facing some sizable repair bills following a recent heavy rain.
Renovations were taking place to the exterior of the building and the cladding was stripped off in some locations.
Moisture got in some locations and now residents are expected to foot a bill that will run them anywhere between $10,000 and $20,000 each. None of the actual units were damaged.
One resident, who didn’t want to be identified, said the work wasn’t done properly.
The residents, as condominium owners, share ownership in the exterior of the building. These residents pay fees which are designed to cover expenses for things that pop like regular maintenance needs but there likely isn’t enough in the account to cover thousands in repair costs for this.
Roger Perry, one of the condo owners, says he’s concerned about the repair bills.
“I have my place for sale and . . . it was a cloud hanging over the possible sale,’’ Perry said. “I’m sure that I have lost some prospects because of that but once (the repairs to the outside of the bulding) are done it should be perfect.’’
The building opened about seven years ago.
“It’s frustrating, especially with a new building.’’
One engineer The Guardian talked to said this problem is not all that uncommon while a real estate agent said similar issues have occurred with condominiums in British Columbia.
The residents at Northumberland Condominiums are represented by an owners association. However, Bill Bishop, the president of that association, is out of the province and was not available for comment on Wednesday.
Barry Johnston, another condo owner at Northumberland, said he has no concerns over the water damage.
“I love the building and have nothing but good things to say about it,’’ Johnston said. “I have a pretty good sense of what it’s like to be here. I made the decision (to buy a condo five years ago), I’m glad I did and I would make the same decision again.’’
APM handled the construction of the building while Homburg sold the bulk of condominium units to a company known as Kangcorp Inc. earlier this year.
The condo prices range from $459,000 to $749,000, not including GST or additional condo fees.
dstewart@theguardian
Residents at Northumberland Condominiums in Charlottetown are facing some sizable repair bills following a recent heavy rain.
Renovations were taking place to the exterior of the building and the cladding was stripped off in some locations.
Moisture got in some locations and now residents are expected to foot a bill that will run them anywhere between $10,000 and $20,000 each. None of the actual units were damaged.
One resident, who didn’t want to be identified, said the work wasn’t done properly.
The residents, as condominium owners, share ownership in the exterior of the building. These residents pay fees which are designed to cover expenses for things that pop like regular maintenance needs but there likely isn’t enough in the account to cover thousands in repair costs for this.
Roger Perry, one of the condo owners, says he’s concerned about the repair bills.
“I have my place for sale and . . . it was a cloud hanging over the possible sale,’’ Perry said. “I’m sure that I have lost some prospects because of that but once (the repairs to the outside of the bulding) are done it should be perfect.’’
The building opened about seven years ago.
“It’s frustrating, especially with a new building.’’
One engineer The Guardian talked to said this problem is not all that uncommon while a real estate agent said similar issues have occurred with condominiums in British Columbia.
The residents at Northumberland Condominiums are represented by an owners association. However, Bill Bishop, the president of that association, is out of the province and was not available for comment on Wednesday.
Barry Johnston, another condo owner at Northumberland, said he has no concerns over the water damage.
“I love the building and have nothing but good things to say about it,’’ Johnston said. “I have a pretty good sense of what it’s like to be here. I made the decision (to buy a condo five years ago), I’m glad I did and I would make the same decision again.’’
APM handled the construction of the building while Homburg sold the bulk of condominium units to a company known as Kangcorp Inc. earlier this year.
The condo prices range from $459,000 to $749,000, not including GST or additional condo fees.
dstewart@theguardian