My property management services will oversee all aspects of Renovations. I will oversee and be responsible for all workers I contract. My company is registered for WSIB and is fully insured. WSIB Number 8682807.
My renovations services include the following:
1,000 square feet = $55,000
A major project, including complete floor replacement, drywall repair, complete washroom renovation, including all materials, labour and my fee worked out to $55,000 back in 2018.
1,200 square feet = $54,000
A major project, including complete floor replacement, drywall repair, complete washroom renovation, complete kitchen replacement, including all materials, labour and my fee worked out to $54,000 back in 2019.
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My Renovations are focused on Interior home renovation improvements and/or Basement Finishing. For new additions, Sider Property Management Services will be able to refer you to associated Builders. Sider Management Inc. are very well connected.
One of the biggest mistakes you can make is leasing your condo, home, townhome to the wrong person. In Ontario, every tenant has many rights under the Landlord and Tenant Board. The Landlord and Tenant Board heavily leans towards the side of the tenant and places many limitations on what a landlord can do in the event that their tenant does not pay rent. Due diligence is very important in Tenant selection and I always perform credit checks on potential Tenants prior to Rental approval.
LEASING & TENANT PLACEMENT
When working with SPM, Nicholas Sider CPA, CGA is a leasing agent as well as a property manager for your property. Nicholas Sider CPA, CGA is also a certified Real Estate Agent, licenced by RECO, RECO Licence Number 5010788. The benefits of this is that all listings will be placed on the MLS and Realtor.ca. As a result, your listing will be viewed by thousands of other agents and their clients.
Timely and effective rent collection is key when it comes to property management. Nothing affects your cash flow more than late or missing rent payments. If a payment is not received on the 1st of the month, N4 notices are sent to the tenants the following business day.
Property maintenance is a necessary expense in owning any rental property. Lack of proper maintenance can greatly impact both your rental income and the final listing price when you decide to sell. At SPM, I can manage your repair in a timely manner.
One of SPM’s objectives throughout all facets of its business is positive and timely communication. In this industry, we often deal with issues and tasks that require immediate attention. Owners and/or Tenants will always be informed in swift and clear communication, no matter the issue at hand.
One of the most concerning issues in the rental market today is “problem tenants” or “professional tenants”. These individuals or couples are tenants that have stellar credit scores and high earnings but, for whatever reason, decide not to pay rent once they move into your property. Due to backlogs at the Landlord and Tenant Board, as well as new regulations, removing said tenants can take upwards of 2-6 months.
Timely and accurate accounting is very important whether you have one investment property or many. Accounting, Bookkeeping, Budgeting and Financial reporting are services provided to large Rental Investments. You know you’re in good hands, Nicholas Sider is a CPA in good standing and over 25 years experience and will oversee all aspects of financial reporting.Learn More
If you are a new corporation, require assistance in setting up your Business structure, SPM is here to assist. I will be able to set up the corporation, Board of Directors and property manager with the best chance of success.
I provide internal audit services to ensure achievements in economy, effectiveness and efficiencies. I provide Internal audit services to include review of your existing Business model, review Line by Line Financial statement item analysis, verification and review of existing expenses.
Maintenance of your building’s common areas is important for keeping both your residents satisfied and the value of your condominium high. SPM has been maintaining high-quality hallways, sidewalks, and greenery for years. Believe it or not, simple annual interior painting and replacing hallway carpets adds big value and are not expensive. I make recommendations to do the work necessary so you can improve your Investment.
Keeping your residents happy is critical to the long-term success of a condominium. One of the best ways to do that is to foster a healthy community. SPM are focused in making sure that all residents are kept informed and satisfied.
Repairs, accidents, and issues happen in all condo buildings and townhouse complexes. To ensure that the costs and incidences are controlled, it is important to provide preventative maintenance throughout the course of the year. After all, the unit owners are the ones who pay our salaries.
Timely and accurate accounting is very important to ensure compliance to Condominium Act. Accounting, Bookkeeping, Budgeting and Financial Reporting are services provided to Condominiums. You know you’re in good hands, Nicholas Sider is a CPA in good standing and over 25 years experience and will oversee all aspects of financial reporting.Learn More
Property Management Servicing: Toronto, Brampton, Mississauga, Peterborough, Oshawa, Barrie, Guelph, Kitchener, Hamilton, Brantford, St. Catharines, and surrounding GTA.