Senior Property Manager Salary (Canada)
A Senior Property Manager earns an average salary of C$75,179 per year. The highest paying skills associated with this job are Property Management and Operations Management. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. Most people in this job have more than five years' experience in related jobs.
|Salary||C$50,358 - C$99,906|
|Bonus||C$817 - C$15,677|
|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$53,307 - C$106,822|
Job Description for Senior Property Manager
Senior property managers are the highest-level manager assigned to an individual property, which may be commercial or residential. Their primary role is to ensure the property management runs smoothly and profits are maximized. Senior property managers perform a number of tasks, such as making sure that their properties have low vacancy rates, collecting rent, and taking care of any tenants' issues. They also oversee the entire rental process, from advertising and showing vacant properties to accepting and processing tenancy applications. In addition to these rental-related tasks, senior property managers oversee vendor relationships and the property’s staff, as well as financial records and reporting for the property. Senior property managers generally work full time and report to regional property managers, who oversee a number of different properties.Read More...
A high school diploma or equivalent is generally the minimum educational requirement for this position. Many senior property managers have bachelor’s degrees in hospitality, business, or a related field. Some employers prefer their senior property managers to be licensed real estate brokers. Senior property managers usually have experience in the property management field, and they are likely promoted from a more junior position in a management company. Senior property managers must have strong written and verbal communication skills, as they deal with tenants, staff, vendors, and the community. They must be able to multitask, be able to organize, and proficient with basic computer software. (Copyright 2018 PayScale.com)
Senior Property Manager Tasks
- Manage administration of property operations and leasing office to ensure a safe and quality living or working environment.
- Annually bid contracts for site services to provide analysis and recommendations to management.
- Create and cultivate tenant relationships.
- Hire and supervise on site staff and ensure maintenance of property grounds.
- Enforce prompt payment and terms of lease agreements.
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Pay by Experience Level for Senior Property Manager
Pay by Experience for a Senior Property Manager has a positive trend. An entry-level Senior Property Manager with less than 5 years of experience can expect to earn an average total compensation of C$69,000 based on 6 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Property Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$79,000 based on 19 salaries. An experienced Senior Property Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$85,000 based on 30 salaries. A Senior Property Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$79,000 based on 29 salaries.
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