In This Guide
The Need To Replace Fan Coil Units In Older Condo Buildings
Aging fan coil units, often over 20 years old, often need to be replaced or retrofitted in older condo buildings in Toronto & GTA. This brings forth various challenges that impact the health, energy efficiency, and well-being of condo living space for the resident living in the apartment.
Here are 10 common problems reported by condo managers and residents:
- Occupancy Loss
- Insurance Costs
- Market Value Loss
- Indoor Air Quality & Allergies
- High Maintenance Expense
- High Energy Consumption Costs
- Workers Liability Compensations
- Legal Challenges
- Noise Issue
- Uneven Temperature & Air Flow Balance
The Challenge For Property Managers, Condo Corporations, Board Members, Homeowners, Tenants, Real Estate Agents & Potential Future Buyers
While many property managers employ strategies to mitigate the effects of aging fan coils, we cannot entirely dismiss the implications that outdated equipment can have on the entire building.
Effects On Temperature, Air Flow Distribution And Energy Consumption
Uneven temperature problems caused by older fan coils and thermostats result in increased energy expenses for both condo residents and property managers. The inefficiencies lead to uneven airflow distribution and inaccurate temperature readings, prompting residents to frequently turn on the units to reach their desired temperature. Older fan coils end up working harder to compensate for their lack of efficiency.
Potential For Flooding & Increase Insurance Premiums
The potential for flooding is an additional concern, with rusted drain pans and faulty components posing the risk of water damage and associated costs. Water damages cause higher insurance premiums for the corporation and individual owners.
Plan For Future: Educate Residents
To overcome these challenges, we need continuous education and learning among property managers and condo board members. While various HVAC solutions are available in the market for aging fan coil units, most people won’t take action until something breaks. Interestingly, many residents believe it’s the corporation’s responsibility to replace, repair and maintain fan coils just because these systems are located away behind their walls. Therefore, ongoing education will empower residents and managers to act swiftly, preventing expensive and unnecessary repairs in the future.
Common Sense Decisions, Tangible Outcomes
Assess the existing fan coil condition and the work a retrofit would address before deciding on the next step.
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