Property Management Fees

CITIFIED Fee Schedule

CITIFIED Property Management – Maximizing net rental income and appreciation of real property over the economic life of the asset, while freeing real estate investors of the administration and duties of real property investing.

Property Management Fees Schedule:

Tenant Screening Only

$ 0 / Monthly
  • Tenant Finder/Leasing Fee: One Month’s Rent
  • Initial Setup Fee: $150*
  • Inspections: $200 One off

Full Service Management

% 5 / Monthly
  • Tenant Finder/Leasing Fee: One Month’s Rent
  • Initial Setup Fee: $150*
  • Inspections: Included
  • Financial Statements: Included
  • Vacant Management: 3 Months Post Tenanted Property

Non-Resident Full Service Management

% 7 / Monthly
  • Tenant Finder/Leasing Fee: One Month’s Rent
  • Initial Setup Fee: $150*
  • Inspections: Included
  • Financial Statements: Included
  • Vacant Management: 3 Months Post Tenanted Property
  • Non-Resident tax filing and correspondence

Special requests may be accommodated but additional fees may be assessed.

*Initial Setup Fee is credited back by reducing the Tenant Finder/Leasing Fee

Unload your hectic and busy work to us

Tenant Finder/Leasing Fee

Finding a quality tenant can be a stressful and time consuming process. At CITIFIED, we have established a system where only tenants of the highest quality are selected. By locating a quality tenants, you will have the peace of mind that your property is in good hands and the property's integrity is maintained throughout the course of a tenancy agreement.

Leasing Fee Includes:

• Advertising of the Property
• Responding to Interested Prospective Tenants and Property Showings
• Application Processing and Verifying References
• Credit and Background Checks
• Tenant Interviews
• Lease Executions
• Pre-Property Inspection and Initial Tenant Occupancy
• Collecting Security Deposits

Access reports and data that matter most online

Initial Setup Fee
This one-time fee covers the cost of setting up the portfolio and integrating the property into our computerized system. This will also include an inspection of the property with recommendations for any maintenance or renovations needed.
Comprehensive photos are taken for pre-move in review. This includes a property inspection. When tenants move out, post move-out photos are also taken for evidence of the properties condition.
Inspections
Twice a year (fall/Spring), we conduct property inspections to ensure:
• Unreported maintenance problems are addressed and resolved.
• Your property will be winter/summer ready.
• All appliances, smoke alarms, carbon monoxide detectors are tested and in working condition.
• Plumbing fixtures are assessed for leaks.
• Appliances are assessed
• Air filters are checked and changed if needed
• Foundation/ruff etc. are reviewed

A photographic portfolio of property is constructed and maintained after each inspection. Inspections ensure the value of property is preserved and maintained.

Move-in/Move-out inspections protect the condition of your property and ensure tenant compliance with the tenancy agreement. It also provides an opportunity to address maintenance issues that may not have been reported during the course of a normal tenancy.

Financial Statements & Online Portal
Financial Statements are provided annually at year end. With Online access to receipts and invoices, these documents can assist when filing taxes.

Online Landlord Portal with 24/7 self-serve access, from any device, to information including custom dashboards and real time reporting. Transform the way you manage your properties with real-time access to all the data you need to make better, more informed decisions. View real-time payments and adjustments and gain an instant snapshot of your collections and document receipts.

A robust resident portal allows us to offer enhanced services by making use of new technologies and improved, web-based processes. The Online resident portal includes; Online Payments, Maintenance Requests, In-App Messaging, Online Applications and Lease Agreements.

Paper-free leasing means more applications, more approvals and faster screening. The result is faster turnover times and fewer vacancies.

Non-Resident Property Owners
Any non-resident of Canada, that owns and rents property, is subject to a 25% withholding tax on gross rental income, and we’ve got you covered for this tax filing and correspondence. It’s also possible to reduce withholding taxes, if addressed correctly. Ask us about the details that may save money on taxes and withholdings.

With this service we are your Canadian agent and withholding taxes are remitted to the CRA as required by the Canadian government. In addition, NR6 & NR4 forms are submitted in accordance to CRA’s schedule.

Start living the life you intended

CITIFIED

Through CITIFIED Contracting we develop new builds, major and minor renovations, and provide general contracting services.

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CITIFIED Property Management is positioned to provide property management services to the greater Toronto and Hamilton Area (GTHA) through the Niagara Region of South Eastern Ontario. We provide property management services for single family homes, multiplex units, condominiums and townhouses.

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CITIFIED Real Estate is our long term investment holding portfolio.

More information to come.

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Joshua McIntyre, CIM©
President and CEO

Joshua has a professional education in Financial Planning and Wealth Management with over 10 years’ experience in the financial services field. In addition he has over 10 years’ experience in the real estate industry either as an investor or professional.

Brett McIntyre
Chief Operating Officer

Brett has a formal education in Construction Engineering Technology Management and has a passion for sustainable development. With new build and renovation projects he seeks to find environmentally friendly ways to build or improve the property, while keeping the established budget in check.

Erika McIntyre
Head of Property Management
Erika is an enthusiastic, hard-working and organized individual who enjoys providing services in the property management field.   Her costumer service skills and efficiency help her to exceed the expectations of our customers.  
Dave McIntyre
Field Manager

Dave has 35 years of renovation and build experience in all forms of residential, commercial and farm property. For 12 years he has been a G1 licensed gas fitter with experience in residential and commercial heating and cooling. He is also licensed in all facets of safety; confined work space, working at heights, fall protection as well as mold and asbestos identification.