Posted by: Karim Ali
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1970s Centretown Ottawa Condos’ Problems
If you’re thinking about buying a condo in Centretown, Ottawa, especially one built in the 1970s, you need to know about two common issues: asbestos and insulation problems. These concerns aren’t just about comfort—they can affect your safety, long-term costs, and even insurance premiums. Let’s dive into why these issues matter and what you can do about them.
Asbestos in 1970s Condos: What’s the Risk?
Asbestos was widely used in the construction of 1970s buildings, and many older condos in Centretown still contain asbestos in their insulation, ceiling tiles, or drywall joint compounds. The issue? When asbestos-containing materials are disturbed, harmful fibres can be released into the air, posing significant health risks like asbestosis or lung cancer.
Why Asbestos Matters for Homebuyers
Even though the asbestos may be hidden behind walls or ceilings, it becomes a major issue when you plan renovations or if the materials begin to deteriorate. Removing or sealing asbestos isn’t cheap, and it needs to be done by certified professionals.
What You Should Do
Before purchasing, ask the condo corporation if there has been an asbestos inspection or if asbestos has been safely removed. If asbestos is present but stable, you might be fine, but renovations in the future could come with extra costs. Be sure to factor this into your decision-making process.
Insulation Problems in 1970s Condos: Higher Costs and Less Comfort
Back in the 1970s, insulation standards weren’t what they are today. Many of these older buildings in Centretown have inadequate insulation, leading to drafty units and higher energy bills—especially during those cold Ottawa winters.
How It Affects Your Daily Living
Insufficient insulation can result in inconsistent temperatures throughout your home, causing your heating system to work overtime. This not only affects your comfort but also drives up your hydro or gas bills. Worse, poor insulation can lead to moisture build-up, which may cause mould and other damage over time.
What You Should Do
When viewing a 1970s condo, ask about recent insulation upgrades. Has the condo corporation replaced the windows, balcony doors or added new insulation to walls and ceilings? If not, it might be something you’ll want to ask about in the future, as energy efficiency is a huge factor in your overall costs.
Bonus tips
1
Check the Reserve Fund Status
The condo corporation’s reserve fund is crucial for covering major repairs and replacements in the building, like HVAC systems or roof repairs. In 1970s buildings, these components may be reaching the end of their useful life. Make sure the reserve fund is adequately funded, or you could face special assessments (unexpected fees) for major repairs.
2
Verify the Condition of Common Elements
Ask if the building’s condo corporation has a plan for upgrading or maintaining shared areas like elevators, roofs, and hallways. Older buildings might require significant upgrades to these elements, and it could affect your condo fees in the future.
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