Feeling drained by mediocre property management?
Property Management company in Kitchener-Waterloo
We bring back your joy of property ownership by increasing your net operating income
What does mediocre property management really cost you in Kitchener-Waterloo?
50% of Tenants
do not meet fundamental criteria, and 10% lead to major property damage
53 Hours
Landlords spend on average each month addressing property-related issues
Depleting NOI
On your property leads to decreased profits and a lower overall value.
Achieving Success:
How Found Spaces Empowers Our Clients to Succeed
12% Rental Income Increase
average within the first year
10% Property Value Increase
average over three years
30% Reduction in Tenant Turnover
1.5 to 2.5 Years Average lease term Increase
Learn How to Organize Property Management
in Kitchener-Waterloo
What You Can Expect When Partnering with
Found Spaces Property Management Company
Simple.
Working with Found Spaces Property Management Inc is simple due to Our Process that guides you step by step.
☰ Fast
In Found Spaces Property Management Inc we value your and our time optimizing each step in Our Process daily
Effective⬈
Working with Found Spaces Property Management Inc. you know how Our Process grows your ROI.
Found Spaces Guarantees:
Complete Safety and Absolute Peace of Mind
Tenant Placement
If located by us tenant leaves in less than 6 months, we will secure the next tenant for free.
Money Back
We give a 100% refund if you are not fully satisfied with our property management within the first 90 days.
21 Days Leasing
We will get a signed lease for your home in 21 days or less or you get a free month of management on us.
Good Pet
Good pet tenants. If approved pets cause damage, we'll cover up to $1,000 in repairs.
Services Offered by Found Spaces Property Management Company in Kitchener-Waterloo
Property Management
Elevating your property management experience by bringing trust, transparency & accountability
Leasing Services
Filling Your Vacancy Fast and Efficient with our Proven Leasing Process. You Get Better Tenants, and Maximize Your Return
Property Advertising
Amplifying Your Property’s Visibility with Our Tailored Advertising Service to Maximize Your Returns
Legal Support Services
Ensures timely rent collection and adherence to regulations, RTA Compliance, and LTB Matters
Maintenance Services
Prompt service and 24/7/365 support, streamlines maintenance requests and effortless tracking
Start Your Journey to Becoming a Found Spaces Client
1. Book a Call
Book a call to discover if Found Spaces Property Management is right for you!
2. Have your FREE Consultation
Get a tailored solution in our Free Consultation & Assessment
3. Onboard & Relax
Experience the benefits of our Proven Process. With our dedicated support, watch your portfolio grow and reclaim your time.
Why to invest in property in Kitchener-Waterloo, Ontario
Kitchener-Waterloo, Ontario, has emerged as a prime destination for property investment in recent years. This city’s unique blend of economic growth, strategic location, affordability, and lifestyle amenities makes it highly attractive for both local and international investors. Here are several reasons why Kitchener-Waterloo holds high potential as a city for property investment:
- Economic Growth and Job Market: Kitchener-Waterloo boasts a robust and diverse economy, driven by key sectors such as advanced manufacturing, technology, education, and healthcare. The city is home to major institutions like the University of Waterloo and Grand River Hospital, which not only provide employment opportunities but also foster innovation and research. The economic stability and growth potential in these sectors ensure a steady demand for residential and commercial properties, making Kitchener-Waterloo a sound investment choice.
- Strategic Location and Connectivity: Strategically located within the Waterloo Region, Kitchener offers excellent connectivity to major urban centers. It is just a short drive from Toronto, accessible via major highways like the 401 and Highway 8, and is well-served by public transportation. The expansion of the GO Transit network further enhances Kitchener’s appeal, making commuting to Toronto and other nearby cities convenient. This strategic location makes Kitchener-Waterloo an attractive option for professionals who prefer a suburban lifestyle while working in larger metropolitan areas.
- Affordability and Housing Market Dynamics: Compared to Toronto, Kitchener-Waterloo offers more affordable real estate options, providing investors with greater value for their money. The city’s housing market has been relatively stable, with property prices appreciating steadily over the years. This affordability, combined with a growing demand for housing, particularly among first-time homebuyers and young families, creates a favorable environment for property investors. Additionally, Kitchener-Waterloo’s rental market is strong, driven by a consistent influx of students, professionals, and new residents, ensuring a steady rental income for investors.
- Urban Development and Infrastructure: Kitchener-Waterloo has undergone significant urban development and revitalization efforts, particularly in its downtown core. The city’s ambitious plans include new residential and commercial projects, improved public spaces, and enhanced infrastructure. These developments not only boost property values but also enhance the overall quality of life for residents. The city’s commitment to sustainable growth and smart urban planning makes it a forward-thinking investment destination.
- Quality of Life and Amenities: Kitchener-Waterloo offers a high quality of life with its scenic parks, cultural attractions, and recreational facilities. The city is known for its vibrant arts scene, diverse dining options, and a strong sense of community. For families, the availability of good schools and healthcare facilities adds to the city’s appeal. This combination of lifestyle amenities and natural beauty makes Kitchener-Waterloo an attractive place to live, further driving demand for properties.
How to choose a property management company in Kitchener, Ontario
Key Considerations for Choosing a Property Management Company in Kitchener
When selecting a property management company in Kitchener, consider these essential factors: references, online reviews, credentials, insurance, experience, qualifications, and rates. Found Spaces excels in each of these areas, providing you with a well-rounded, trustworthy, and efficient property management solution.
Found Spaces Property Management Company: A Legacy of Excellence in Property Management
With a legacy spanning over 50 years, Found Spaces has developed a robust reputation as Kitchener’s leading property management company. Our profound understanding of the local market, coupled with our passion for community growth and success, makes us an invaluable partner in realizing the full potential of your property investments.
Comprehensive Services Tailored for Kitchener Property Owners
At Found Spaces, we pride ourselves on delivering personalized property management services that cater to the specific needs of Kitchener property owners. From efficient rental property management to expert marketing, we ensure your investments are not just managed but maximized for optimal returns.
The Benefits of Professional Property Management with Found Spaces
Entrusting your property to Found Spaces means enjoying the full spectrum of benefits that come with professional property management. We act as a bridge between landlords and tenants, ensuring seamless communication and resolution of any issues. Our expertise in the local market guarantees effective tenant screening, adherence to laws and regulations, and maximization of your investment’s profitability.
Efficient Rental Property Management in Kitchener
Found Spaces is renowned for efficiently managing over 500 rental properties in Kitchener. Our approach includes round-the-clock maintenance, timely rent collection, comprehensive financial reporting, and strategic tenant retention programs. These services collectively ensure that your property remains profitable and well-maintained.
Ensuring Timely Rent Collection and Lease Enforcement
Our approach to rent collection and lease enforcement is methodical and tenant-focused. We promptly address late payments, and if necessary, escalate to the Landlord and Tenant Board to uphold lease terms. This balanced approach protects the interests of property owners while respecting tenant rights.
Proactive Maintenance and Repairs: The Found Spaces Commitment
Our commitment to your property’s maintenance and repairs is unwavering. With a skilled team and trusted contractors, we promptly address any concerns, ensuring your investment’s longevity and value. Trust Found Spaces to maintain your property at its best, offering you peace of mind and a hassle-free property management experience.
Choose Found Spaces for the best property management experience in Kitchener, where your investment’s potential is fully realized through our expert and dedicated services.
Earn More, Stress Less.
We simplify the process of finding a tenant, creating maintenance requests and establishing successful operations of your rental property.
Let us focus on the details while you watch your investments grow.
Tenant Screening and Placement Services
Thorough background checks for potential tenants
Ensuring reliable, responsible occupants for your rental property
Timely collection of rent payments
Here are the steps to ensure timely collection of rent payments:
- Set up automated payment systems to make it convenient for tenants to pay their rent on time. This can include options for automatic bank transfers or online payment portals.
- Send out clear and timely reminders to tenants to remind them of their upcoming rent payment due dates. This can be done through email, text message, or mail to ensure that the message reaches them effectively.
- Implement late fees for overdue payments to create a sense of urgency for tenants to prioritize timely rent payments.
One successful strategy we have used in the past to encourage prompt payment from tenants is offering incentives for early or on-time rent payments. This could include discounts on future rent or other perks to motivate tenants to pay on time.
By utilizing automated payment systems, sending out clear reminders, implementing late fees, and offering incentives for prompt payment, we have been able to ensure timely rent collection for our clients’ properties.
Detailed financial reporting and record keeping
At Found Spaces, we understand the importance of detailed financial reporting and record keeping in property management. Our team of dedicated professionals is committed to providing accurate and transparent financial reporting to our clients. We keep meticulous records of income, expenses, and maintenance costs to ensure that our clients have a clear understanding of their property’s financial performance. With our expertise and experience, we can provide comprehensive financial reports that enable our clients to make informed decisions about their properties. Whether you own residential or commercial properties in Kitchener, you can trust Found Spaces to handle your financial reporting and record keeping with precision and excellence.
Property Maintenance and Repairs
To access the online portal for booking maintenance services and viewing before and after photos, simply visit our website and log in to your account. Once logged in, you can easily book maintenance services and view photos of completed work.
To submit a work order online, simply log in to your account on our website and fill out the work order form with details of the maintenance issue. Alternatively, you can also call our dedicated maintenance assistance hotline for immediate help with any maintenance issues.
At Found Spaces, we offer a wide range of maintenance services including HVAC, electrical, plumbing, painting, cleaning, and restoration. Our team of professionals is well-equipped to handle any maintenance needs for your residential or commercial properties.
Trust Found Spaces to provide top-notch maintenance services through our convenient online portal and dedicated maintenance assistance hotline. Let us take care of all your property maintenance needs, so you can focus on other important aspects of property ownership.
Regular inspections to identify maintenance needs
Regular inspections are essential for identifying maintenance needs in various areas of your property. This includes conducting thorough checks on HVAC systems to ensure they are in proper working condition and to address any potential issues. Inspections of electrical components are also crucial to ensure safety and functionality. Plumbing fixtures should be regularly checked for leaks or blockages to prevent any water damage. Additionally, regular inspections of paintwork and cleaning needs are necessary to maintain the aesthetic appeal of the property and uphold cleanliness standards. By conducting these inspections, potential issues can be identified early on, allowing for prompt maintenance to keep the property in top condition. At Found Spaces, our team is dedicated to ensuring that all areas of your property are regularly inspected and maintained to maximize its potential and ensure smooth operations for both residential and commercial properties.