PROPERTY MANAGEMENT

Jensen Property Management is Kingston's affordable, ethical alternative. We effectively manage lease-up, maintenance, and tenancies of our client's properties in a compliant, diligent, and respectful manner. It takes a genuine understanding of relationships, relevant legislation, and procedure to accomplish this.

our property management firm

OUR FIRM

JPM manages single-family residential, private-room/student accommodation, condo, and multi-unit properties. We represent new and existing rental property owners looking to stabilize and maintain a single property or to grow a portfolio.

Our 5% management fee is the affordable alternative. We manage your properties, not your money. Our clients are small to medium in size. Standard property management fees hurt an already thin bottom line. Our clients prefer to manage their own money and already have their own legal and tax advisors. As a client, your money does not flow through our accounts. Rents are paid directly to the landlord. The client simply advises us that rent has not been paid and we begin the follow-up. Also, while JPM coordinates all third-party maintenance quotes, services, and invoices, the client pays the service provider directly. We do not mark up maintenance fees.

We are also the ethical alternative. We resolve any landlord and tenant issues in a way that is compliant, beneficial, and respectful to each party. We represent proactive investors looking to maintain quality properties that attract quality tenants.

Our management experience comes from a background in having stabilized many distressed tenancies. This background helped develop a thorough understanding of the Residential Tenancies Act (RTA) as well as a genuine insight into legal proceedings at the Landlord Tenant Board (LTB).

While JPM is not a legal representative or legal adviser, we do have a deep understanding of the current, relevant provincial legislation. We manage our client's properties to be compliant with the Residential Tenancies Act and applicable municipal by-laws.

property management services

OUR SERVICES

Our firm provides all the services expected from a Property Manager, start to finish.

  • Lease-Up (marketing, tenant screening, showings, applications)
  • Tenancy agreements, forms, notices*
  • Coordinate maintenance requests, quotes, third party service repairs, and invoices
  • Routine property/fire safety inspections and reports
  • Rent tracking, rent receipts
  • Rent increase
  • Lease renewal, sublet, or assignment
  • Tenant relations and mediation
  • Move-in/out inspection reports
  • Vacant properties - weekly site inspections (insurance requirement)

* Notices not related to a legal proceeding

property management fees

OUR FEES

Like any investment, management fees affect the bottom line.

Property management fees in Kingston average between 7% and 12% of the gross monthly rent.

Lease-up fees average between 50% to 100% of one month's rent.

As the affordable alternative, our fees are simple;

  • Property Management Fees  5.0% gross monthly rent
  • Lease-Up Fees (one-time fee, payable upon execution of lease agreement)
    • single-family residential units - $500
    • private room units - $225
    • lease renewal, sublet, or assignment - $95
  • Vacant Property, weekly inspection $120/month (residential units only) 

* HST applicable

We have years of experience representing landlords and first-time property investors.
When it comes to managing your property, finding and keeping quality tenants, let us take care of it all.

MARKETING

“A vacant property is always better than a bad tenant”.

We handle the entire marketing process.

We prepare photos, create an inviting ad, and promote the property across multiple platforms to increase exposure and attract quality tenants.

Interested parties are pre-screened first.  We then offer virtual or in-person showings.

Our application form is thorough and deliberate.  Our vetting process is diligent and ensures the best possible candidates apply.

We will continue to search until a quality tenant is selected for your property.

LEASING

Once a qualified tenant has been selected, we negotiate and prepare the lease agreement for e-signatures.

To best protect our clients, our lease agreements exceed the Ontario Standard Lease Agreement. We have prepared extensive, custom appendices in consultation with legal professionals while maintaining legislative compliance.

We track and monitor existing lease timelines, renewals, terminations, and rent increases in accordance with the Residential Tenancies Act.

MAINTENANCE

No Mark-up, No Hidden Fees

We manage all maintenance requests and routine inspections.

Our firm does not mark up services provided by third parties. We coordinate the service and the Landlord is billed directly by the service provider.

Maintenance repairs and costs are then discussed and evaluated with our clients to determine the best actions.

We consistently develop relationships with reliable, local, affordable trades, and service providers to properly maintain every property we manage.

INSPECTIONS

Regular inspections are an integral part of protecting any investment.  Once a year is not enough.

We provide bi-annual unit inspections as well as move-in/move-out inspections, and randomly scheduled inspections.

We provide follow up reports after for each inspection.

Inspections include

  • Visual inspection of the interior and exterior for any damages or general wear and tear
  • Fire safety inspection of smoke/co detector and fire extinguishers
  • Mechanical Appliances / Filters
  • Security of doors, locks, windows

VACANT UNIT INSPECTIONS

Most insurance providers require regular weekly inspections of any vacant units to ensure the maintenance and security of your assets. While your property is vacant, JPM will complete weekly site visits to inspect for damage, security, and general property maintenance like lawn care.