We Provide Property Management Solutions in Toronto
We handle the challenges for you
Discover our Property Services
Marketing & Advertising
Property management is our sole business and managing residential rental properties is our forte. We know from experience that finding the right tenant for your property is vital—an important process that we do not take lightly. As property managers with close to two decades of experience in the field, we have developed proven and effective marketing methods that connect us with the right renters. We list across a variety of relevant online rental sites to market your property to a wide audience, in addition to posting vacancies directly on our website. We get the word out a full 60 days before your rental becomes available when potential tenants begin their thoughtful search.
We have found the most effective way to advertise available properties and houses for rent is through the online market, because this channel allows us to showcase vacancies in the very best light. Our property and house listings include detailed descriptions of the property, accompanied by flattering photographs, as well as useful information about the neighborhood, including all it has to offer in terms of amenities and attractions. We know people are busy and their time is valuable. Potential tenants appreciate finding out as much as they can about a property prior to taking the next step and scheduling a showing. Our thorough marketing efforts allow us to reach a larger pool of potential tenants, in turn ensuring we find a great occupant for your property.
Tenant Screening & Lease Creation
Vacant properties can cost you money, but we never want to place just any tenant in your property. We understand that finding the right tenant can be tedious and costly, but we also know it's incredibly important. Each and every time we begin a search, we put in the necessary time and effort to connect with the right renter. Ultimately, this investment will pay off in the long run.
It is essential to rent to tenants who will pay their rent on time, respect your property as though it were their own, and adhere to the lease. These are just a few of the reasons why we thoroughly screen every applicant, starting with our very first meeting. Interested parties can easily apply online, through our website, which allows us to process applications incredibly efficiently. We review all information very carefully, taking the time to verify important details including employment status and financial credit history. We also speak directly with previous landlords to determine if the prospective tenant is someone we would be absolutely comfortable renting to.
Once the right tenant is selected, we handle the complete drafting of the lease in accordance with the Residential Tenancies Act. Each lease includes clearly defined guidelines, written in easy to understand language that outlines the rights and responsibilities of all those entering into the agreement. We make sure to do our due diligence when it comes to selecting the perfect tenant for your property because we are always looking out for your best interests.
Maintenance & Inspections
Finding the right tenant is only the first step in our management process. Keeping your investment in top shape is the next step, and in order to do this, we address maintenance issues in a timely manner and conduct regularly scheduled inspections. We oversee all maintenance concerns and are available at any time of the day for when those unexpected emergencies arise.
It is imperative to tackle maintenance issues as quickly as possible when they pop up, in order to maintain the value of your rental investment. Attending to problems in a timely fashion can save you money down the road in repairs and make your tenants happy, and happy tenants are more likely to renew their lease and treat your property with much more care. We make it easy for tenants to request maintenance repairs through the online Tenant Portal, or they can simply give us a call or send an email or text request. We work with a carefully curated team of honest and experienced tradespeople who provide quality service in order to keep your property in great condition.
We cannot always rely on tenants to alert us of potential problems which is why we also perform property inspections. We schedule regular property inspections and arrange for Move-In/Move-Out Inspections, during which time we efficiently record the condition of your property and attach supporting photo documentation. Through the powerful capabilities of smart device inspection applications, the need for paper and pencil inspections are a thing of the past. This process allows us to identify potential red flags which could escalate if not addressed promptly. Inspections also help us to identify areas in which you could potentially save money or improve the value of your investment—all of which we'll provide suggestions for accordingly.
Accounting: Full Reporting & Bill Payments
By entrusting your rental property to Bridgeway PM, you’re partnering with highly experienced property managers who use state-of-the-art accounting software designed specifically to the needs of property managers. Our goal is to make the accounting process as painless as possible for our clients and offer detailed, easy to read reports that can also be used for tax purposes. We offer our tenants a number of convenient payment options making it easy for them to pay their rent on time each month.
We can make paying expenses a breeze by setting up Pre-Authorized Debit for all your property’s reoccurring bills. You never have to worry about late fees, overdraft charges or a disruption in service to your property due to non-payment. We also ensure that any tradespeople who have performed a maintenance repair at your property are paid in full once the work has been completed. We provide you with the peace of mind knowing that your owner disbursement will be directly deposited into your Canadian bank account consistently each month.
Your property’s easy- to-read financial statement is published reliably each month, available for online viewing through your secure Owner Portal. You will be able to see your rental property’s monthly activity, broken down into income and expenses with the corresponding invoices and bills attached. We take care of all the idiosyncrasies involved in the accounting process, keeping fastidious records in order to give you a clear picture of the financial health of your investment property.
Non Resident Tax Reporting
For nonresidents who own rental properties located in Canada, the Canada Revenue Agency (CRA) requires that agents (e.g. property managers) who collect rental income from tenants on behalf of owners are responsible for withholding and remitting tax owing on the rental income to CRA. Agents must also report the income and withholding tax using the appropriate documentation format prescribed by CRA.
Bridgeway Property Management is conversant in all aspects of nonresident tax reporting and can provide this service to those owners who require it.
An Emerging Leader in Toronto Residential Property Management
As a rental property owner, you understand the many challenges and responsibilities associated with maintaining a real estate investment. Partner with Bridgeway Property Management and let us astound you with our proactive, hands-on approach to management. From finding great tenants for your property to ensuring your financial obligations are met, we make an ideal partner for any savvy landlord in the GTA.
We Deliver on Our Promises and Value Our Clients
My Best Rental Experience
"Residing in a rental unit managed by Bridgeway Property Management has been my best rental experience to date. Shirley and Howard are responsive and timely with all communications and more than happy to fulfill any requests I may have."
Tenant (Sept 2011-Oct 2016)
Their Team is First Rate
"Howard & Shirley are fair and quick to respond when we need something looked at in our rental unit. Their team of tradespeople is first rate and professional, and their solutions are top-notch."
Michael Adam Murray & Ruth M.
Tenants (Aug 2009-Mar 2015)
Why Choose Us?
Bridgeway Finds Good Tenants
"I believe the secret of successful ownership of rental property is to have good tenants; Bridgeway finds them and does proper due diligence to assure me that rental revenue will continue to flow regularly."
Property Investor (2003-Present)
Tenants Never Want to Leave
"The pride Shirley and Howard show in their work is evident in the high level of upkeep in the properties they manage and the fact that their tenants never want to leave."
Real Estate Sales Representative – Royal LePage Terrequity Realty (2003-Present)
Talk to Us, You'll Be Glad You Did
Turn to Bridgeway Property Management and let us take the burden off your shoulders.