Commercial Property Manager Average Salary

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 6 Commercial Property Manager votes.
national salary data
National Employer Data
National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$50KC$100KC$150K
Salary
C$45,336 - C$96,576  
   
Bonus
C$250.00 - C$60,000  
Profit Sharing
C$0.00  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$44,496 - C$111,502  
Country: Canada | Currency: CAD | Updated: 11 Feb 2017 | Individuals Reporting: 43

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Job Description for Commercial Property Manager

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.
Commercial Property Manager Tasks
  • Track all property information, including tenants, vacancies, rent statements, disbursements, and facility management.
  • Market properties, find tenants to fill vacancies, showproperties, and update the exteriors.
  • Collect rent and track financial data.
  • Act as primary contact with all tenants, respond to inquiries, provide estimates, and coordinate moves.

Key Stats

Gender

Female
57 %
Male
43 %
Salary
C$50,784 - C$69,622
Salary
C$42,282 - C$82,997

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
2%
1-4 years
30%
5-9 years
19%
10-19 years
30%
20 years or more
19%

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