Property Management

Save yourself the time and hassles of managing your commercial or residential income property, and let Property One take care of everything for you. We provide affordable, customized solutions for property management to save you money and headaches. The Property One team is well versed in dealing with the Landlord Tenant Board and following the guidelines set out by the Residential Tenancies Act.

As your Property Managers we take care of all aspects of property care including making arrangements for snow removal, lawn maintenance and long term renovation planning. Below you’ll find additional benefits to having us as part of your team.

Rent Collection

As a real estate investor, quick and consistent rent collection is critical to your success. We’ll implement a rent collection system and collect rental payments for you, ensuring you receive rent on-time and retain a steady cash flow.

Arrange Upkeep

We’ll schedule proper upkeep of your property including snow removal, lawn care, parking lot maintenance and long-term renovations that need to be completed to retain the value of your property and retain happy tenants.

Eviction Procedures

Should there be a need for eviction, we will follow the necessary procedure and legal requirements to ensure the process runs smoothly and quickly, so you can start collecting rent from your next tenant.

Tenant Screening

We will implement tenant screening process that includes a written application and public notice search; as well as contacting applicants’ current and past employers, landlords and other references. Through retaining strict requirements, we confirm that your renters are thoroughly vetted, while we remain in compliance with fair housing rules and other local and provincial regulations.

24 Hour Emergency Line

With Property One, you will know that your property is taken care of, day or night. We offer a 24 Hour Emergency Contact Line that allows us to be notified of issues at any time of day, giving us the opportunity to act quickly and minimize any unforeseen situations.

Property Law/Regulations Guidance

With our extensive knowledge of property laws and regulations and experience with the Landlord and Tenant Board, we will assist you with complying with local, provincial and federal rules and regulations, including the Residential Tenancies Act. With our expertise, you’ll avoid lawsuits that could be very costly.

Marketing

We use online and offline methods to promote your available properties and make sure they are rented out as quickly as possible. Using our expertise in property marketing, we will prevent you from carrying the cost of a vacant property for long

Monthly Reporting

We’ll perform property inspections before and after a tenancy, as well as perform routine inspections and provide you with written reports to keep you informed. Through these inspections, faults in your property will be found quickly and can be resolved at a reasonable cost.

Research Vendors, Suppliers and Contractors

We’ll vet available vendors, suppliers and contractors to recommend only tested and reliable professionals. Using our accurate, up-to-date research, you’ll only hire individuals who provide quality work at reasonable rates, saving you money and stress.

Manage your Financial Records and Security Deposit Escrows

We’ll save you the trouble of bookkeeping by providing you with detailed income and expense reports and cash statements monthly, as well as end-of-year tax reports for your accountant or financial advisor. Additionally, we will also manage your security deposit escrow funds and make sure you are in compliance with local and provincial regulations.

Determine Best Rental Rates

With their ability to do large scale searches on the internet, potential tenants will know if your property is overpriced. With our extensive knowledge of property values in Sault Ste. Marie, we will provide you with up-to-date information on rental rates so your rates are as high as they can be without the risk of your property remaining empty because it’s overpriced.