The Way Property Management Prices Should Be
Unlike some of our competitors, we won’t reel you in with rock bottom prices only to rack up your bill with unexpected upcharges.
While some property management companies in the GTA might appear to have the lowest rates, it’s important to know that cheap can become expensive fast. You may pay the rock bottom price for the basic service, but find yourself emptying your pockets to get the services you actually need.
At Property Management Toronto, we do things differently.
When you choose us, the price you see is the price you get. We offer all-inclusive prices with no hidden fees – the way property management prices should be. That means that when you pay us to manage your high-end investment properties, we focus on actually managing your high-end property, not finding ways to upcharge you around every corner.
Not convinced? Take a look for yourself. Below is a list of the services we offer at our all-inclusive prices. When the price you see if the price you get for unmatched professional property management services, it’s easy to see how Property Management Toronto out-values their our competitors time and time again.
Tenant Selection Fee: The value of one month’s rent includes the following.
|Professional assessment of property rental value|
|Suggestions on how to maximize rental revenue|
|Provide market analysis|
|On-site assessment & consultation on how to prepare your property for lease|
|Professional photography in high resolution|
|Coordination with on-site management office for showings|
|Advertise and list the property lease with our Corporate Relocation Companies, Executive Search Firms, MLS, Kijiji, Craigslist, our website, etc.|
|Professional photography in high resolution|
|Conduct showings including an open house (if applicable)|
|Pre-screen all candidates|
|Conduct background checks including a full credit bureau report|
|Draft a lease binding between PMT and tenant|
|Lease includes 6 pages of clauses that protect the landlord|
|All applications must be approved by the landlord (applications denied by the landlord do not require a reason)|
|Indepth inventory of property condition/appliances/heating & cooling systems, etc.|
|Collect proof of utility connection, tenant insurance, key deposit and pre-authorized debit from the tenant prior to moving in (keys are not released until all conditions are satisfied)|
Management Fee Includes:
|Fee:||5.5%||5% – 11%|
|Three inspections (move in, move out, 60 day end of lease inspection)|
|24/7 on call emergency service to tenants – not contracted out.|
|Collect monthly rent directly from the tenant’s bank account – included, but accepts cheques.|
|Coordination and processing eviction notices, noise complaints, notice of entry, etc.|
|Provide monthly and annual revenue and expense report.|
|Deposit rental revenue directly into Landlord’s bank account 7 business days after rent has been received.|
|Schedule any maintenance or repairs * all repairs are approved by the landlord.|
|Wholesale pricing for landlords.|
|Payment plan available (with no interest) for large purchases or repairs -unable to provide.|
|List of experienced vendors that provide preferred pricing *all vendors are licenced – outsourced to any contractor.|
|All PMT Staff are licenced and insured, full time in house handyman and cleaning staff.|
|Non-resident CRA tax remitting, includes monthly tax remitting and NR slip for end of the year accounting available for an additional fee – sometimes available.|
|Investment consultation available at no charge — PMT can help you purchase your next investment property and manage for free for the first, please refer to our Purchasing and Investment Property Page.|
|PMT Clients benefit from our preferred rates for the following services:||PMT||Competitor|
|Property Insurance Policy.|
|Accountant who specializes in investment properties.|
|All PMT staff certified and trained in the Ontario Residential Tenancies Act.|
Our Client Reviews
At Property Management Toronto, we pride ourselves in our unmatched commitment to customer service.
Professional, friendly, and reliable service. PMT takes all the liability out of renting my condo to strangers. Thanks Dana and team!
Ayman Youssef El Azizi
Jerome and Dana are both extremely efficient and great to work with. I felt from the start that they cared tremendously about getting me both the best tenant and the best price for my condo. Everything went very smoothly and efficiently in viewings as well as their dealings with tenant requests. I highly recommend them and will continue using them.
They are pretty great to work with! Dana walked me through their services before I signed on, and everything has lived up to the expectations she set. They make renting out your property so much easier! Highly recommended.