Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on .
![Taylor Atkinson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/305255/1621443080-avatar-taylora2.jpg?twic=v1/output=image/crop=1080x1080@0x16/cover=128x128&v=2)
ELEVATOR - pre mature maintenance on 23 year old elevator?
I have recently purchased a 4 level mixed use property.
My elevator maintenance provider has informed me that the current model of "door operator" is no longer being manufactured as of Jan 2019. He is suggesting I pre maturely replace the existing "door operator" while stocks last. If I do not change the "door operator" now, then when it fails in the future (now-5 years) it will require upgrading the entire elevator.
His quote for the door operator is $16,840
If I wait and do all the major components at a later date when they fail the quote is 70-80k
Obviously the smart choice is change the operator.
My question is:
-How long do all the major components last in an elevator if properly maintained. From my point of view there are 3 major components and all have different lifespans.
-What is the cost for replacing such components. In Canada there are not many providers that can maintain elevators.
Thank you,