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Several units under one agreement are priced below a single one, and the reporting consolidates. What changes most is that small percentage differences start to matter.
Portfolio pricing
The recurring work per door falls as the count rises. One conversation covers several units, one statement reports all of them, and contractor relationships are reused rather than rebuilt for every address.
That is why portfolios are commonly priced half a point to a full point below the published rate. On a multiplex the saving is larger still, because one visit covers every door.
Small differences compound at scale. Half a point across six units held for a decade is a meaningful sum, which is why comparing properly matters more here than on a single condo suite.
Taking on a portfolio
Condition, systems and current tenancy recorded separately for every address.
Terms, rents and end dates onto one calendar so renewals are visible a year ahead.
A single schedule covering every door, with the rate reflecting the total count.
One statement across the portfolio, with every cost attributable to the unit behind it.
Spreading risk
A vacancy in one of six units is a sixth of income rather than all of it. That changes what is worth paying for: a rent guarantee on every door often costs more over time than self-insuring across the portfolio.
It also changes turnover planning. Six leases ending in the same season is an avoidable concentration, and staggering them across the year smooths both make-ready costs and vacancy exposure.
Consolidated reporting is what makes any of that visible. One statement covering every door, with each cost still attributable to the unit that generated it, as the portal keeps it.
Owner pages
Scale changes which questions matter.
Portfolios, answered
The questions that only arise at scale.
Eleven doors across four buildings on one statement, with each unit broken out. My accountant asked who does the reporting.
They handle the turnover schedule across my portfolio so two units are never vacant in the same month. Cash flow has been steady.
When I bought the sixth unit they had the rent estimate and screening set up before closing. It was leased the week I took possession.
Quarterly review call with the numbers already in front of me. I make decisions instead of chasing information.
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Read articleSeveral units
One agreement covering every unit, a rate reflecting the total count, and reporting that consolidates without losing per-unit detail.
Per-door pricing · One statement · Typical ranges, not quotes