Job prospects Residential Property Manager in Ontario

Explore current and future job prospects for people working as a "residential property manager" in Ontario or across Canada.

Job opportunities in Ontario

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be good for Property administrators (NOC 13101) in Ontario for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Several positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.

What Types of Employers Are Out There?

• Majority employed in the real estate and rental and leasing industry, particularly in property management, and leasing firms

 

What are the Main Trends Affecting Employment?

• Large number of investment properties in Ontario
• High levels of new residential construction, especially apartments and condominiums, due to population growth
• Greater non-residential construction activities will add to the stock of facilities requiring property management services

 

What Skills Do I Need to Succeed?

• Proficiency in using Microsoft Word and Excel, and Yardi property management software are common requirements
• Under the Condominium Management Services Act, individuals and businesses providing condominium management services in Ontario must have a valid licence issued by the Condominium Management Regulatory Authority of Ontario (CMRAO)

 

What Other Information Will I Find Helpful?

• There is a fair amount of opportunity for self-employment.

Here are some key facts about Property administrators in Ontario:

• Approximately 16,350 people work in this occupation.
• Property administrators mainly work in the following sectors:
  • Real Estate and rental and leasing (NAICS 53): 82%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 80% compared to 81% for all occupations
  • Part-time workers: 20% compared to 19% for all occupations
• 76% of property administrators work all year, while 24% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 45 weeks compared to 43 weeks for all occupations.
• 28% of property administrators are self-employed compared to an average of 15% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 42% compared to 52% for all occupations
  • Women: 57% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: 7% compared to 9% for all occupations
  • high school diploma or equivalent: 26% compared to 25% for all occupations
  • apprenticeship or trades certificate or diploma: 8% compared to 8% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 26% compared to 22% for all occupations
  • bachelor's degree: 25% compared to 24% for all occupations
  • university certificate, degree or diploma above bachelor level: 9% compared to 13% for all occupations

Breakdown by region

Explore job prospects in Ontario by economic region.

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

Explore current and future job prospects for people working as a "residential property manager" Property administrators (NOC 13101) or across Canada.

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