Malibu

12900 Jack Bell Dr

Richmond, BC V6V 2V8 · Strata Plan LMS1492

Malibu is a 88-unit strata building at 12900 Jack Bell Dr in Richmond, BC, built in 1994, registered under strata plan LMS1492. This page surfaces the public-registry data we have on the building plus preliminary risk signals derived from construction era, size, and location. For the actual condo fees, special levy history, contingency reserve fund balance and building envelope status, you’ll need the strata document package — request it through your realtor and upload it to SearchStrata for an AI-powered analysis.

General information

Type
townhouse
Year built
1994 (32 years old)
Unit count
88
Floor count
3
Strata plan #
LMS1492
Management
Century 21 Prudential

Preliminary risk signals

These are derived from public registry data — construction era, size, location, and report status. They are not a substitute for reading the actual strata document package, which is where the real risks live.

  • Rainscreen / leaky-condo era (1985-2000)

    elevated

    Built 1994. Buildings from this era frequently have building envelope history — some remediated, some partially, some not. Check the depreciation report and any engineering reports for completed and outstanding envelope scope.

  • Mid-size strata

    info

    88 units. Typical Metro Vancouver / Calgary / Edmonton strata size.

  • Parkade waterproofing exposure

    watch

    Richmond's high water table puts above-average wear on underground parkade waterproofing and drainage. Check the depreciation report for parkade-related capital projections.

About this information

Building data is compiled from public land title, municipal, and strata registry sources. It is provided for informational purposes and is not legal, financial, or real estate advice. Always verify against the strata corporation’s official documents (Form B, bylaws, financial statements, depreciation report, minutes) before making a purchase decision.

Condo fees and strata fees

Monthly fees at 12900 Jack Bell Dr are set by the strata corporation’s annual budget, approved at the AGM, and disclosed in the Form B information certificate. They cover operating costs (insurance, utilities, management, maintenance) and contributions to the Contingency Reserve Fund. To see the actual current figure and the fee trajectory over recent years, you need the budget, financial statements, and recent AGM minutes.

Special levy history

A special levy is a one-time assessment for unbudgeted capital work — envelope remediation, roofing, plumbing, parkade. The history of special levies (and the levies projected in the depreciation report) is the single best signal for what living at Malibu might cost over the next 5–10 years. SearchStrata extracts the full levy history from minutes and AGM packages with page-level citations.

Reserve fund & depreciation report

As a BC strata with 88 units, this building is generally required to maintain a depreciation report refreshed every five years. The report projects 30 years of capital expenditures; the Contingency Reserve Fund (CRF) balance versus the report’s recommended contributions tells you whether owners are saving fast enough for what’s coming.

Frequently asked questions about Malibu

When was Malibu built?

Malibu was built in 1994, making it approximately 32 years old. Construction era is a key signal in BC because buildings from the 1985–2000 rainscreen window often carry building-envelope history, while post-2010 buildings are typically still inside the 2-5-10 New Home Warranty period for structural items.

How many units are in Malibu?

Malibu has 88 units across 3 floors. Unit count matters because capital costs (roofing, envelope, parkade work) are split across every owner — smaller buildings concentrate cost per unit, larger ones spread it.

What is the strata plan number for Malibu?

Malibu is registered under strata plan LMS1492. The prefix identifies the registration era (NWS = older, EPS/BCS = newer post-2010 registrations under the Strata Property Act). The strata plan defines the boundaries of common property, limited common property, and individual strata lots and is referenced throughout the Form B information certificate and bylaws.

How can I find the condo fees and special levy history for Malibu?

Current monthly condo / strata fees, the special levy history, and the contingency reserve fund balance are not in any public registry — they live in the strata corporation's document package: the Form B information certificate, financial statements, recent AGM minutes, and the depreciation report. Request the package through your realtor (or directly via the strata management company) and upload it to SearchStrata to get every figure extracted and explained with page-level citations.

Is Malibu affected by the BC leaky-condo era?

Malibu was built in 1994, inside the rainscreen-era window (roughly 1985–2000) when many BC buildings developed building envelope failures. Whether this specific building has been remediated, partially remediated, or still has outstanding scope can only be confirmed from the depreciation report and any engineering reports commissioned by the strata. SearchStrata reads those reports and extracts completed and outstanding envelope scope with the dollar figures discussed in minutes.

Does Malibu require a depreciation report?

Yes. Malibu has 88 units, and BC strata corporations with five or more residential strata lots are generally required to obtain a depreciation report and refresh it every five years. The report projects 30 years of major capital expenditures and is the single most important document for understanding the building's long-term financial trajectory.

Other strata buildings in Richmond

Researching multiple buildings? These nearby strata corporations are in the same city.