What are the benefits of a property management company?
Property management companies do the brunt of the heavy lifting for landlords by managing tenant relations and other property responsibilities. That said, not all companies offer the same set of services. Specifically, there are various benefits that come with working with our property management company in Toronto:
- Streamlined tenant relations
- Tenant pre-screenings for careful tenant selection
- Marketing to promote your property
- Thorough research to help you establish fair rent pricing
- 24/7 availability & support
- We don’t outsource work like our competitors & always know who is in your property
- Our team of maintenance providers help you maintain your investment property
Why Hire Property Management Toronto?
While some property management companies in the GTA hide fees, create fake reviews, and are hard to get in touch with, we pride ourselves in our transparency. We offer upfront prices free of surprise fees, have reviews from real customers, and offer 24/7 support so that you can always get in touch with someone who can help you.
What properties does Property Management Toronto have for rent?
We offer the following property rentals:
How much rent should I charge tenants of my rental property?
When you work with us, we do the research for you. Because we specialize in rental properties in the downtown Toronto core and GTA, you can be confident that we know the real estate market. We’ll pull all recent properties leased in your condo building or neighbourhood and use that data to ensure we are charging market value for a home.
How will you market my property?
In addition to our own website and social media channels, we list our properties on many high traffic websites where qualified tenants are searching for rentals. Listing on MLS (multiple listing system or multiple listings service) ensures that a property is seen by everyone in the Toronto real estate community. Our properties ranging from homes to condos are regularly featured in publications like Toronto Life.
How will you find the right tenant?
We maintain a thorough tenant selection process to make sure you get a great tenant:
- All tenants are pre-screened
- They are required to complete our tenant applications and must provide photo ID, proof of employment and a credit bureau report
- We contact their previous landlords.
- We speak with their employers
What happens if my tenant doesn't pay rent?
Without a doubt, the best way to avoid non-payment is to pick the right tenant. Our comprehensive tenant selection process is the best and we stand by it. Because of this, our vacancy rate is one of the lowest. That said, sometimes we do inherit bad tenants. If something does go wrong, we can step in. We’ve got a top-notch legal team behind us and, if we’ve selected the tenant(s), we’ll issue all the appropriate eviction documentation at no charge to the landlord.
What are your maintenance services?
We have a database of trustworthy maintenance providers, including cleaners, painters, plumbers, contractors, and general repair tradespeople. We are available 24/7, including weekends and holidays. If something goes wrong, we’ll provide your tenant with 24 hours notice and enter to inspect the unit. Our in-house handyman services ensure quality control and competitive pricing. Unlike our competitors who outsource work, we know who is working on your property. We know that our handymen are bonded, insured, reliable, and will treat your tenants with respect.
What's included in your inspection services?
We conduct an inspection when a tenant gives notice. When the tenant vacates, there’s a free inspection, and we conduct a move-in inspection with any new tenants. Twice a year we can conduct a comprehensive inspection, which includes a written and photographic report on the condition of your property. We conduct these in Spring and Fall. They cost just $89 (plus HST).
How do I know if my investment is performing?
At Property Management Toronto, we provide financial reports so that you are up to date on the performance of your property. Our data is clear, concise, and easy to digest. If you do need a little extra help to understand your report, all you need to do is call or schedule a visit to talk to a property manager. We’ll let you know if you’re maximizing the potential of your investment.
How will I get paid?
You’ll receive monthly invoices through our accounting system that will be deposited directly into any Canadian banking institution. We pay our landlords quicker than our competitors, as we process payments more than a week ahead of the others.
Can you find me an investment property?
Yes, we can! Armed with 25+ years of experience in the competitive Toronto real estate market, we know the neighbourhoods and properties that will attract the best tenants and maximize the best return. We will help you find the right revenue property for you. When you use our real estate services to purchase your investment, you can get our property management services in Toronto free for the first year.
Can you sell my investment property?
Of course, we can! We’re tough negotiators, are experienced with the real estate market in Toronto, and will get you the best price. If we sell your rental property, we’ll refund you the previous years’ rental management fees.
How can I work with Property Management Toronto?
You can call us at 416.451.9499 or email us with any of your inquiries or needs, and we will get back to you to walk you through our rental management process.