Capital PropertyFree Assessment

Residential property management · Newfoundland & Labrador

Clear fees. Clear timing.

Tenant placement and ongoing management are separate stages. Here is what you pay, when it starts, and how your property reserve works.

Avalon Peninsula
Newfoundland & Labrador

01 · Tenant placement

50%

of the full monthly rent, plus HST

For the agreed placement scope, including the marketing, screening and transition support set out in your agreement.

No additional 10% management fee in the placement month.

02 · Ongoing management

10%

of collected rent per month, plus HST

Starts with the next full rental month after placement. The fee is based on rent actually collected and covers the services in your written management agreement.

No management fee applies while your property is vacant. Separate approved property expenses may still apply.

A simple worked example

A rental at $2,000 per month

  1. Placement month$1,000 + HST

    50% of the full monthly rent. No additional 10% management fee that month.

  2. A later full month with $2,000 collected$200 + HST

    10% of the rent actually collected.

Already have a tenant?

For an existing-tenancy takeover, there is no placement fee. The 10% management fee, plus HST, applies to rent collected from the agreed start date.

Your property reserve

Your money, set aside for your property.

The reserve is owner funds for approved property expenses. It is not a fee or earned revenue. The target is $1,000 per property.

Agree on a way to reach the target

  • Fund the $1,000 upfront.
  • Agree on a split between rental income and an owner contribution.
  • Start with $500, then contribute $50 per month until the $1,000 target is reached.

The funding arrangement and use of reserve funds are subject to your written agreement and approved funds handling.

Scope and expenses, agreed in writing

Property costs are separate

Contractors, materials and other approved property expenses are paid by the owner and may apply during vacancy.

Confirm the scope

Your quote and management agreement identify included services, responsibilities and exclusions.

Discuss your property

Multiple units or unusual service needs may require a custom quote before work begins.

Start with the property

Discuss Your Property and Service Scope

Get a free property assessment and see what management approach may make sense.

Get My Free Property Assessment