Traditional property managers run on three things: high overhead, vendor markups, and per-service nickel-and-diming. None of those compound well for owners.
Our model is the opposite. A small team running modern tooling. Real margin on tenant placement, where we do the marketing, screening, and lease work that earns the fee. Nothing on the monthly side.
The result is a price structure that’s honest, simple, and stays the same whether you own one unit or twenty.
Pricing
Property Management Fees in Ontario
Most property managers hide their fees behind “contact us for a quote.” We don’t. Pick your property type below and see exactly what you’d pay.
Three plans
Pick the one that fits.
We make our money on monthly fees. Honest about it — because most owners figure it out anyway.
Standard
For first-time landlords
One condo, one tenant, one statement. The basics done well.
6%
per month, per unit
- Rent collection & owner payouts
- Maintenance coordination
- Monthly financial statements
- Online owner portal
- Standard Lease + screening
- Move-out inspection reports
- Tenant insurance tracking
- Non-resident CRA support
Enhanced
For active investors
For the owner who treats their unit as an investment, not a side hobby.
7%
per month, per unit
- Everything in Standard
- Move-out inspections + photos
- Tenant insurance tracking
- Annual rent reviews & N1 service
- Paralegal on N4/N5 notices
- Quarterly portfolio call
- Non-resident CRA support
Most Popular
Enterprise
For portfolios & non-residents
10+ doors, multi-unit buildings, or owners filing from outside Canada.
Custom
tailored to your portfolio
- Everything in Enhanced
- Dedicated portfolio manager
- CRA non-resident tax guidance
- NR4 reporting support
- Custom reporting & KPIs
- LTB hearing representation
- Builder lease-up programs
Recommended for you
Monthly management fee plus a one-time leasing fee equal to one month’s rent only when we place a new tenant. No setup fees. No vendor markups on maintenance. No charge for the initial property evaluation. The catch isn’t hidden — it’s right here.
Why this works
Four things you won’t find in the fine print.
Management Fee structure
Monthly management fee of Standard, Enhanced or Enterprise plus a one-time leasing fee equal to one month’s rent only when we place a new tenant. No setup fees. No vendor markups on maintenance. No charge for the initial property evaluation. The catch isn’t hidden — it’s right here.
No vendor markups
When a plumber charges $340, you pay $340. We don’t add 15% to maintenance invoices — the math just doesn’t work for repeat owners.
Statements that match reality
Every invoice, every payout, every receipt lives in your portal. If you can’t reconcile it from your statement, we did the statement wrong.
Locked-in for one year
The price you sign at is the price you pay for twelve months. Any change goes through a written review with you, not a notification.
What’s included
The full job, not a teaser.
Most property managers price the headline service cheap and bill everything else as “extras.” That’s where the surprise fees come from. Here’s what we don’t treat as optional.
Financial Reporting
Monthly statements, rent ledger, expense breakdown. Year-end summary that goes straight to your accountant.
Rent Collection & Payouts
Direct debit from tenants on day one. Direct deposit to you on a fixed monthly date. Arrears tracked from hour one.
Maintenance Coordination
24/7 emergency dispatch. Approval thresholds for non-emergency work. Vetted GTA contractor network, no markup.
RTA Compliance
Notices drafted by our in-house paralegal team. LTB filings done correctly the first time. Standard Lease executed properly.
One Named Manager
Same person for every call, every email, every issue. No ticket numbers. No “your case has been escalated.”
Annual Rent Review
Ninety days before renewal we benchmark your unit against live comps and serve a properly executed N1. Drift caught early.
How we get to $0/month
Lean systems. Real margins on the right things.
Scales with you
One condo or twenty. Same plan, same price logic.
A first-time landlord with a downtown condo gets the same Enhanced plan as a portfolio holder with eight doors across the GTA. Same per-unit price. Same named manager model. Same statement structure.
When you cross ten doors or buy a multiplex, the math changes — that’s when Enterprise kicks in with custom reporting and a dedicated portfolio manager. Not a higher monthly fee, just a different operating model.
Pricing FAQ
Honest answers to the questions that come up.
Is it all inclusive management fee?
We charge a leasing fee equal to one month’s rent, this fee going directly to the licensed MLS agent when we place a new tenant. That’s a one-time fee on a new tenancy, not a recurring charge. Most owners turn over tenants every 2–4 years, we then charge a monthly fee as per the Standard or Enhanced pricing.
What if the same tenant stays for years?
Then you pay nothing per month and nothing for renewals. We don’t charge a renewal fee. We don’t charge for the annual N1 rent increase. We don’t charge for the quarterly portfolio call. Long-tenured tenants are great for owners, and our pricing reflects that — the longer your tenant stays, the better the math works for both of us.
Are there any setup or onboarding fees?
No. We don’t charge to take over a property, even if it’s currently with another manager. We don’t charge for the initial property walkthrough. We don’t charge for the first 30 days while we transition tenant communication. Most owners pay $0 in their first month with us — some pay $0 in their first year.
Do you mark up maintenance invoices?
Never. When a contractor charges $340 for a faucet repair, your invoice shows $340. We don’t add 10%, we don’t add 15%, we don’t have “coordination fees” or “administrative surcharges.” The contractor invoice goes straight to your portal. If a vendor sends us a kickback, we apply it to your account — not ours.
What about LTB cases? Are those extra?
Notices (N1, N4, N5) and LTB filings (L1, L2) on Enhanced and Enterprise plans are included in your management fee. Standard plan covers basic notices; complex hearings are billed at clear hourly rates we share before any work begins.
What if I have multiple properties?
Same per-unit pricing, with portfolio-level reporting included once you cross five doors. At ten doors you get a dedicated portfolio manager under the Enterprise plan. We don’t do volume discounts on management fees because the monthly fee is our only revenue— the leasing fee structure stays the same, but we coordinate placements to minimize concurrent vacancies.
Can I switch plans later?
Yes — up or down, anytime, with thirty days’ notice. Most owners start on Enhanced and stay there. A few owners on Standard upgrade after their first renewal cycle once they see what Enhanced covers. Nobody is locked in.
How do I cancel if I’m not happy?
Sixty days’ written notice, no termination fees. We’ll hand over the tenant relationship, lease documents, accounting history, and any deposits in trust. The best client retention strategy is doing the work well — not contractual handcuffs.
Get in touch
Let's talk about your property.
Free 20-minute evaluation. A real person on the other end. No commitment, no pressure.
- Call us(416) 555-0142Mon–Fri 9am–6pm ET · Saturday by appointment
- Email ushello@centrekey.comWe respond within one business day
- Visit usGTA Head OfficeToronto, ON · By appointment
- Your information stays with us — we never share it.
- A named manager replies within 24 hours.
- Free initial evaluation, even if you don't sign with us.
Get a free evaluation
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