What does property management cost in Toronto & the GTA?
Rent Solutions Inc. charges 5% of the monthly rent, plus HST, for property management in Toronto and the Greater Toronto Area. The fee is collected by pre-authorized debit on the 5th of each month. Repairs are billed at the contractor's cost plus a 5% admin fee.
What the 5% monthly fee includes
- Tenant communication: questions, requests and day-to-day issues
- Maintenance coordination: arranging repairs through our contractor network
- N4 and N12 notices: preparing the right form, dates and service
- Landlord and Tenant Board support from a licensed paralegal
Services charged separately
Rent collection, tenant placement and the Landlord Portal are not part of the 5% fee. They are quoted separately, so you only pay for what you use. Ask us for a quote.
Repairs
Repairs are billed at the contractor's cost plus a 5% admin fee. For example, a $400 repair is billed as $420, plus HST.
Work out your monthly fee
Self-manage vs. Rent Solutions
| Managing it yourself | With Rent Solutions | |
|---|---|---|
| Monthly cost | No management fee | 5% of monthly rent, plus HST |
| Tenant calls and messages | You handle them, including evenings and weekends | We handle them |
| Repairs | You find, book and follow up with contractors | We coordinate them; contractor cost plus 5% |
| N4 and N12 notices | You choose the form, calculate the dates and serve it | Included, prepared with paralegal support |
| LTB matters | You prepare the evidence and handle the hearing | Included, with a licensed paralegal |
| If a notice has an error | It may be rejected and you start again, losing weeks | Notices are checked before they are served |
| Example: a rejected N4 on a $2,500 rental | Each extra month of unpaid rent while you start over costs $2,500 | $125 a month plus HST, with the notice prepared and checked for you |
Tell us what happened, and we'll reply within 1 business day.
How billing works
- The fee is 5% of the monthly rent for each managed property, plus HST.
- It is collected by pre-authorized debit (PAD) from your Canadian chequing account on the 5th of each month.
- Add or remove a property and your fee adjusts on the next billing cycle.
Frequently asked questions
How much does property management cost in Toronto?
Rent Solutions charges 5% of the monthly rent, plus HST. On a $2,500 rental, that is $125 a month plus HST.
Is HST included in the 5% fee?
No. The 5% fee is before HST, and HST is added to the fee.
Are rent collection and tenant placement included?
No. Rent collection, tenant placement and the Landlord Portal are quoted separately.
Are repairs included in the 5% fee?
Coordinating repairs is included. The repair itself is billed at the contractor's cost plus a 5% admin fee.
Is help with N4 and N12 notices and the LTB included?
Yes. N4 and N12 notices and Landlord and Tenant Board support from a licensed paralegal are included in the management fee.
When is the fee charged?
On the 5th of each month, by pre-authorized debit from your Canadian chequing account.
Which areas do you serve?
Toronto and the GTA, including Mississauga, Brampton, Vaughan, Markham, Richmond Hill, Oakville, Scarborough, Pickering, Ajax, Whitby and Oshawa.
Prices in Canadian dollars. Your management agreement sets out the final terms.