Commercial property managers provide support services for the commercial property or properties that they oversee. They usually have a management agreement with the property tenants that list what they are able to assist with and what are the tenants' responsibility. Commercial property managers typically maintain the interior and exterior of the buildings (such as the mowing the yard and painting) , collect rent from the tenants, create and keep documents up to date, and make sure tenants follow building regulations.Travel is a large part of this job, and commercial property managers should expect to make regular trips to their building(s) to conduct inspections and meet with tenants. Since these professionals most often oversee more than one single building, these managers must be excellent at multitasking and time management. They also need to have excellent communication skills, be detail orientated, be able to work under pressure, and provide excellent customer service to tenants.The educational requirements to becoming commercial property managers generally include a high school diploma (or equivalent). Having a bachelor's degree in business or a related field may be preferred; alternatively, some postsecondary institutions offer a certificate for property management for residential or commercial properties. In addition, people with experience in business, finance, accounting, and/or real estate may be preferred.

According to recent data, the projected growth of the Commercial Property Manager role in Canada is expected to be strong in the coming years. Over the past 10 years, the job role has experienced steady growth, with an increase in demand for professionals in this field. With the expanding real estate market and increasing investments, the need for Commercial Property Managers is anticipated to rise further. Google's latest statistics reveal a positive outlook, indicating a substantial number of employment opportunities for individuals pursuing a career in this profession in the future.

How to Learn

As a Commercial Property Manager with 9+ years of experience in Canada, your main responsibilities include:<ul><li> Oversee the day-to-day operations of commercial properties, ensuring smooth functioning and tenant satisfaction. Handle tenant inquiries, resolve issues, and coordinate maintenance and repairs.</li><li> Develop and implement property management strategies to enhance property value and profitability. Conduct regular property inspections, assess market conditions, and recommend rent adjustments.</li><li> Manage lease agreements and tenant relations. Negotiate lease terms, enforce lease agreements, and handle lease renewals and terminations.</li><li> Maintain financial records and budgets for commercial properties.</li></ul>

Roles & Responsibilities

Average take home Salary for a Commercial Property Manager in Canada is around C$105824 per year

Salary Breakup

Commercial property managers offer assistance to the commercial properties or properties they manage. They typically have a contract for management with tenants of the property that lists the things they can assist with and what is the responsibility of tenants. Commercial property managers usually manage the exterior and interior of the building (such as the mow the lawn and painting) and take rent from tenants, and create and keep up-to-date documents and ensure tenants adhere to the building codes.

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Commercial Property Manager

Salary Breakup

Skills That Affect Commercial Property Manager Salaries

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