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Ascot

17 lots · built 1998 · 9 storeys · 2238 40th Ave W, Vancouver

In short

Strata Plan LMS3242, Ascot, is a strata corporation in Vancouver with 17 strata lots, built in 1998. With 17 lots, a depreciation report is required. Vancouver is in Metro Vancouver, where the deadline is July 1, 2026. A report is renewed every five years after that.

What the registry records

Strata plan number
LMS3242
Corporation name
Ascot
Strata lots
17
Year built
1998
Storeys
9
Address
2238 40th Ave W, Vancouver

From the SearchStrata registry, which records most corporations but not every field for each one. Something wrong here? Tell us and we’ll correct it.

What the Act asks of a strata this size

  • Depreciation report — due Jul 1, 2026

    With 17 lots, a depreciation report is required. Vancouver is in Metro Vancouver, where the deadline is July 1, 2026. A report is renewed every five years after that.

  • Fire and life-safety systems

    Fire and life-safety systems each inspected, tested and maintained at the interval the BC Fire Code sets for that system.

  • Financial statements

    Financial statement, as of a day within the two months before the AGM, sent to owners with the AGM notice.

  • Annual budget approval

    Owners approve the annual operating budget at the AGM.

  • Council minutes

    Record and retain minutes for every council and general meeting.

  • Bylaw filing

    File bylaw amendments at the Land Title Office — an amendment has no effect until filed.

Is this your strata?

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Questions about Strata Plan LMS3242

How many lots does Ascot have?
The registry records 17 strata lots for strata plan LMS3242 in Vancouver.
Does LMS3242 need a depreciation report?
With 17 lots, a depreciation report is required. Vancouver is in Metro Vancouver, where the deadline is July 1, 2026. A report is renewed every five years after that.
Who manages Ascot?
The registry records Vancouver Management as the strata management company for LMS3242. A BC strata is run by its owners' elected council either way — a management company acts for the council, which remains the authority.
Where does this information come from?
From the SearchStrata registry, built from BC public land-title and assessment records. ManageStrata reads it so a council doesn't re-enter what is already on record; a council that claims its corporation can correct any of it.
Is a depreciation report mandatory for BC stratas?
BC strata corporations of five or more lots are required to obtain a depreciation report — they can no longer waive it. The deadline is July 1, 2027 for the rest of BC. The report projects the cost and timing of major repairs and informs contingency reserve fund planning.