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Updated about 8 years ago on . Most recent reply

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80
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Steven B.
  • Investor
  • Niagara Falls, Ontario
24
Votes |
80
Posts

Fair Property Management Fee in Ontario Canada

Steven B.
  • Investor
  • Niagara Falls, Ontario
Posted

HI BP. I've been presented with an opportunity to manage 1 to 4 single family homes in my home town. What do you think a fair price would be? I've been asked to collect rent, manage contractors, rent apartments etc. Its a pretty good fit since I'm already set up for my own properties. Any input would be greatly appreciated. thank you in advance for your help. Cheers!!

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Replied

If memory serves me correctly I remember the board changing their guidelines to reflect that ruling in 2013. I am fairly certain I read about that change. You may represent yourself as the landlord, hire a paralegal or have a family member represent you (with a letter of authorisation). 

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