Our Services for
Commercial & Industrial Properties
We attract and retain high quality tenants by implementing comprehensive repair & maintenance programs; engaging competitively priced, diligent contractors; and suggesting improvements to enhance curb appeal.
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Click HERE for a detailed list of all operations services that we provide for commercial and industrial buildings.
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Strategic offers full-service financial and accounting services including monthly and annual financial reporting; budget preparation and TMI reconciliation; and diligent rent collection and issuing vendor payments electronically.
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For more information about our financial and accounting services, please visit the page HERE.
The Strategic team handles a range of administrative duties, including managing lease agreements, coordinating tenant communications, and handling all aspects of documentation and record-keeping to ensure the smooth and efficient operation of your commercial property.
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For a detailed list of the administrative services we provide, please visit this PAGE.
Property Profile:
Charles Street, Toronto
Property: Yorkville Commercial Building Turned Luxury Highrise Condominium
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Date of Construction: 2015
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Style: 47-storey Luxury Residential Condominium Tower w/ 526 Units
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Date of Appointment: Strategic Property Management commenced services in June of 1997
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Accomplishments: Below is a list of accomplishments for Strategic Property Management
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1. Project Management:
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Assisted in the demolition of an 8-storey commercial building which was constructed in 1962. We coordinated the vacancies of all tenants by triggering the demolition clauses in each lease; and processed all invoices from the demolition company, PCL Construction.
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Supervised the construction of a 47-storey condominium building in the Yorkville neighbourhood. We estimated profit margins by calculating the selling prices of the condominium units and comparing them to projected construction costs.
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2. Tenant Relations:
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Prior to the condo construction, we achieved an impressive 78% occupancy rate from a meager 40% within the first two years of appointment. We analyzed market trends, identified target demographics, and tailored our approach to meet their needs.
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3. Financial Performance:
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A thorough review of building operations revealed that the previous owner had over-paid Bell Canada by $5,500 over the 3 years prior. A refund was obtained from Bell in favour of our client.
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A building security system, which originally cost $20,000 in 1990, had been paid for threefold ($60K) through ongoing lease payments. We successfully negotiated a $1.00 purchase of the computerized security system with no future lease payments.
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4. Sustainability Initiatives:
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A relamping of all stairways, corridors, lobbies, and exterior building areas with energy efficient lighting yielded energy savings averaging 15% below the last 4 years while at the same time improving the property’s aesthetic value and security. The payback period was 8 months.
Address
200 – 1097 North Service Road E
Oakville, Ontario
Contact
(289) 301-8301
Opening Hours
Mon - Fri
9:00 am – 5:00 pm