Administrative Services for
Commercial & Industrial Properties
Here is a detailed list of the administrative services we provide for commercial and industrial properties. Click on each section to learn more.
Coordinate Leasehold Improvements, Renovations, and Tenant Inducements
At Strategic Property Management, we coordinate leasehold improvements and unit renovations to enhance the appeal of the property and attract high-quality tenants. Our team manages every aspect of the renovation process, from initial design and planning to execution and completion. We work with experienced contractors and designers to ensure that upgrades align with current market trends and tenant preferences. By investing in thoughtful and strategic improvements, such as modernizing interiors, upgrading facilities, or enhancing aesthetics, we help position the property as a desirable option for prospective tenants. Our goal is to create attractive, functional spaces that meet the needs of high-caliber tenants, ultimately boosting occupancy rates and maximizing the property's value.
Commercial Leasing Initiatives
Commercial leasing through licensed realtors to list units on MLS or Realtor.ca; arrange property showings; negotiate lease terms, security deposits, and last month's rent deposits
Residential Leasing Services
Residential leasing services including listing units on Kijiji, Padmapper, Zumper; negotiate reasonable rental rates based on existing market conditions, quality of unit and building, location, etc. Credit reviews through Equifax and financial history review to determine a tenant's suitability as renters. Issue notices to evict residential tenants for non-payment of rent or other reasons; coordinate Landlord Tenant Board proceedings with appropriate representation
Enforce the Leases and Issue Default / Termination Notices
Issue proper default notices to commercial tenants in a timely manner in the event of non-payment of rent, damage to building, or disturbances to other tenants. Exercise the Landlord's right to distress including engaging a bailiff, taking possession of tenant equipment, appraising its value, selling and recoupling losses, and post-distress lease management.
Insurance Coverage, Appraisals, and Claims
Arrange for insurance coverage and appraisals of the property; and ensuring that the tenant's are adequately insured per the leases in place.
Tenant Correspondence
Communicate with tenants through phone calls, e-mails, lettermail, virtually, and face-to-face meetings.
Property Tax Appeals
Appeal property taxes in the event of an over-assessment of property value, work with tax specialists and MPAC to accurately assess the building's value and reduce property taxes.
Issue Rental Statements for Tax Purposes
Provide rental statements to tenants upon request for tax purposes.
File Vacant Home Status Declarations
At Strategic Property Management, we manage vacant home status declarations with precision and efficiency to ensure compliance with local regulations. Our services include thorough inspections and documentation of the property's condition, as well as timely submission of required declarations to municipal authorities. We monitor and track the status of each property, ensuring that all necessary paperwork is completed accurately and submitted on time to avoid any potential fines or legal issues. By handling the administrative and compliance aspects of vacant home declarations, we help streamline the process, providing peace of mind and allowing owners to focus on other important aspects of property management.