#1-20 Regan Rd

Maintenance Fees $ 767.46

3 Offices

1Board Room

2 Kitchens

2 Bathrooms

Layout

• 1,540sq ft in total
• 3 offices on the outside wall about 120-150sq feet with 5 windows each
• 1 interior office of about 110 sq ft
• Smaller windowless office of about 70 sq ft
• Reception area of about 50 sq ft
• Boardroom of about 175 sq ft with bay window and conference table
• One coffee station with water, sink, 2 cabinets, cupboard, 57”.counter and mini-bar fridge in main hall
• One kitchen with two counter height cabinets, one full height cabinet, a 49” counter with sink
• Back work area with space for 4+ clerk desks
• Front glass door with keyless entry
• Rear double steel doors with inner and outer steel doors for added security
• Front area, board room and 3 windowed offices have manual control electric baseboard heaters to help keep rooms comfortable in winter
• There is a central vacuum system installed in this office
• The unit has been inspected for sprinklers and is currently in compliance with all sprinkler requirements
• Removable broadloom tiles throughout
• 18w per LED tubes in all standard size light fixtures to reduce energy costs
• Some offices and one bathroom have motion activated on / off switches to reduce energy consumption when the room is not occupied
• All fixtures were upgraded to high efficiency fluorescent ballasts

Network

• • The entire unit is wired for Gigabit Ethernet networking with the punch down block in the utility room.
  • Most offices have multiple wired network drops
  • The reception area and the boardroom have network drops
  • There are network drops in the common room at the back of the building
  • We use Rogers cable Internet. Bell is also available in the complex
  • My Rogers plan delivers 597Mb/s down and 21.75Mb/s up as per a https://speedtest.net test done Feb 28, 2023
  • Cost for this service is about $80/month on a 3 year commitment
  • Fibre is not yet available in this area

Parking

Despite appearances, there is ample legal parking for staff and guests at our unit:

• Our unit has 2 reserved spots in front of the unit
• Beside it at the front are 2 guest parking spots
• Beside it at the rear are 4 additional guest parking spots
• Across the parking lot are 2 additional guest parking units at the front and 4 at the rear of unit across from us
• Parallel parking is allowed behind our unit as long as it doesn’t block the exit door
• Additional parallel parking is permitted along the north curb of the rear of the complex
• Finally, additional guest parking spots are available at the west end of the complex near McLaughlin Rd
• Access to the complex is available 24hrs/day, 7 days/week
• Dedicated parking and some visitor parking is signed. Additional visitor parking is unsigned

Condo Fees and Parking

• Our complex is nicely maintained and landscaped. In the summer we get weekly grass cutting and trimming. We have a built-in water sprinkler system to keep our grounds green. The landscapers do garbage pick up to keep the property looking nice
• In the winter, our contracted maintenance team keeps the parking lot clear, the sidewalks clear and all walk ways safely salted
• There are no large pending repairs for the complex so no large outflows of money are expected
• The reserve fund is well funded far in excess of anything we are likely to ever need
• Garbage and cardboard recycling are included in maintenance fees
• The board plans to build an out-door patio in the spring
• Our unit has 2 reserved spots in front of the unit
• Beside it at the front are 2 guest parking spots
• Beside it at the rear are 4 additional guest parking spots
• Across the parking lot are 2 additional guest parking units at the front and 4 at the rear of unit across from us
• Parallel parking is allowed behind our unit as long as it doesn’t block the exit door
• Additional parallel parking is permitted along the north curb of the rear of the complex
• Finally, additional guest parking spots are available at the west end of the complex near McLaughlin Rd
• Access to the complex is available 24hrs/day, 7 days/week
• Dedicated parking and some visitor parking is signed. Additional visitor parking is unsigned

Power/Furnace and Central Air

The unit is provided with a 30KVA power transformer.

• The Unit is provided with a 30KVA power transforer.
• All offices have ample 120V outlets
• There are outlets conveniently located at both kitchenettes
• The main bathroom has a power outlet
• In the utility room is a 40A 200V outlet and 3 30A 220V outlets that we used to run our servers
• Trane Xli 16 3-ton 16 SEER air conditioner (over sized to help cool servers) – 2014

• Trane XV 95 80,000BTU furnace – 2014
• Existing Fonko split unit with remote for extra cooling in the back room. 18,000 BTU/h heat, 18,000 BTU/h cooling
• Existing Ecobee 3 smart thermostat

Extra Income Potential

The back room could be rented separately from the main unit.

• The back room could be rented separately from the main unit.
• The back room contains a 2-piece bathroom, a kitchen with sink, 2 cabinets, counter, water, full size refrigerator
• A separate rear entrance
• A lockable door to the hallway
• The doors could be changed to include a glass panel and single door access (from the current inside / outside door layout with condo appproval)
• Back-room size is approx. 300 sq ft

Telephone System/Keyless Entry System

• The unit is wired with standard phone jacks
• We use a Comwave SIP service using an Asterix soft PBX. Cost is about $10/SIP line/month. We have a toll free number associated with our service and 4 SIP lines for 4 concurrent in/out bound calls. This is much cheaper and just and just as functional as a Bell / Rogers phone service at about 4 times the cost
• We have key cards and fobs for the keyless entry system.

• There is a notebook computer in the utility room that runs the keyless system application. With this computer you can view activity logs of who is coming and going