Property Manager - Residential - GTA

Newlands Group; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading real estate firm in Toronto seeks an experienced Residential Property Manager to oversee daily operations of multifamily properties. The ideal candidate will have over 5 years of experience and strong knowledge of local housing regulations. Key responsibilities include managing budgets and tenant relations. This role offers a competitive salary and opportunities for professional development.

Qualifications

• 5+ years experience managing multifamily residential properties.
• Strong knowledge of the Residential Tenancies Act (RTA) and Ontario housing regulations.
• Proven ability to manage operating budgets and financial reports.

Responsibilities

• Oversee daily operations of the property portfolio.
• Coordinate maintenance, repairs, and vendor contracts.
• Develop and manage operating budgets.

Skills

Leadership

Organizational skills

Communication skills

Tenant relations

Education

Postsecondary education in Real Estate or Business Administration

Tools

Property management software (e.g., Yardi, MRI)

Job description

Overview

Position: Residential Property Manager

Location: Toronto, ON

Industry: Real Estate / Property Management

Our client, a leading real estate and property management firm in Toronto, is seeking an experienced Residential Property Manager to oversee a multifamily residential portfolio. The successful candidate will be responsible for ensuring smooth day-to-day operations, driving occupancy, managing budgets, and maintaining strong tenant relationships.

Responsibilities

• Oversee the daily operations of a multifamily residential property portfolio.
• Ensure buildings are maintained to a high standard, including coordinating maintenance, repairs, and vendor contracts.
• Lead and mentor on-site staff, including leasing agents, administrators, and maintenance teams.
• Develop and manage annual operating budgets, including rent collection, expense control, and financial reporting.
• Maximize occupancy and retention through proactive tenant engagement and effective leasing strategies.
• Ensure compliance with the Residential Tenancies Act (RTA), building codes, and health & safety regulations.
• Prepare and deliver regular reports on property performance to ownership / leadership.
• Resolve tenant issues and disputes in a professional and timely manner.
• Implement property improvement initiatives to enhance tenant satisfaction and asset value.

Qualifications

• 5+ years of experience managing multifamily residential properties, preferably in Toronto or the GTA.
• Strong knowledge of the Residential Tenancies Act (RTA) and Ontario housing regulations.
• Proven ability to manage operating budgets and interpret financial reports.
• Excellent leadership, organizational, and communication skills.
• Experience handling tenant relations and resolving conflicts effectively.
• Proficiency with property management software (e.g., Yardi, MRI, or similar).
• Postsecondary education in Real Estate, Business Administration, or a related field (preferred).