Skip to content

Professional Property Management

Through Royal LePage InvestorsEdge

Own rental property in St. John's? Let Turner Realty's InvestorsEdge program handle the day-to-day management. We maximize your returns while minimizing your stress.

Why Property Management Matters

Rental property ownership can be rewarding—or overwhelming. Without proper management, you risk vacancy, poor tenant relations, maintenance emergencies, and lost income.

Maximize Rental Income

Professional management ensures competitive rents, full occupancy, and timely collection. We identify market rates, screen tenants carefully, and minimize vacancy periods.

Professional Tenant Relations

Expert handling of tenant applications, leases, and disputes. We enforce lease terms professionally while maintaining good relationships with quality tenants.

Maintenance Coordination

Preventive and emergency maintenance handled efficiently. We work with vetted contractors, manage repairs, and ensure properties stay in excellent condition.

Financial Reporting

Detailed, transparent accounting for tax purposes. Monthly reports show income, expenses, and net performance—perfect for tax filing and investment analysis.

Legal Compliance

Ensure adherence to provincial landlord-tenant laws, building codes, and safety regulations. We stay updated on legal changes and keep you compliant.

Peace of Mind

Stop worrying about 2 AM emergency calls or chasing late rent payments. Professional management gives you the freedom to enjoy your investment passively.

Our Management Services

Tenant Placement & Screening

  • Comprehensive tenant screening including credit check, employment verification, and references
  • Competitive market rent analysis for your property
  • Marketing your property through multiple channels
  • Professional lease preparation and signing
  • Move-in inspection and documentation

Rent Collection & Financial Management

  • Convenient online rent payment options for tenants
  • Professional rent collection and follow-up on late payments
  • Monthly detailed accounting reports
  • Property expense tracking and reporting
  • Year-end financial statements for tax purposes
  • Direct deposit of net rental income to your account

Maintenance & Repairs

  • Preventive maintenance scheduling
  • Emergency repair coordination (24/7 availability)
  • Vendor management and competitive bidding
  • Inspection of completed work
  • Regular property inspections
  • Seasonal maintenance (snow removal, landscaping oversight)

Tenant Relations & Management

  • Professional and responsive tenant communication
  • Lease enforcement and compliance monitoring
  • Dispute resolution and conflict management
  • Move-out coordination and final inspections
  • Security deposit documentation and return

Legal & Compliance

  • Full knowledge of Newfoundland and Labrador landlord-tenant legislation
  • Eviction coordination when necessary (with legal support)
  • Safety and building code compliance
  • Insurance requirement verification

St. John's Rental Market Overview

St. John's rental market offers excellent opportunities for investors:

Market Characteristics

  • Strong Demand: Growing population from interprovincial migration and natural population growth
  • Young Demographic: Large university student population and young professionals create steady rental demand
  • Stable Rents: Rental rates growing steadily; long-term upward pressure as property values increase
  • Investment Returns: Single-family homes and small multiplexes offer 5–7% gross rental yields
  • Low Vacancy: Consistent demand from students, families relocating, and professionals new to the city

Rental Rates (Approximate)

  • 1-bedroom apartment: $1,200–$1,500/month
  • 2-bedroom apartment: $1,400–$1,800/month
  • 3-bedroom house: $1,600–$2,200/month
  • Student housing (shared): $600–$1,000/bedroom

Investment-Friendly Features

  • Reasonable property prices compared to national averages
  • Growing equity as values appreciate
  • Positive cash flow potential
  • Tax deductions for mortgage interest, property tax, utilities, repairs
  • Long-term wealth building through real estate

Property Types We Manage

  • Single-family homes: Houses in all St. John's neighbourhoods
  • Apartment buildings: Multi-unit residential buildings and condos
  • Townhouses & duplexes: Smaller multi-unit properties
  • Student housing: Properties targeting MUN students and young professionals
  • Investment condominiums: Condo units in managed buildings
  • Commercial rental properties: Office, retail, or mixed-use with residential component

The InvestorsEdge Advantage

Turner Realty's property management is part of Royal LePage InvestorsEdge—the national real estate investment platform. This gives us access to:

  • National investor network and best practices
  • Advanced property management software and tools
  • Professional tenant screening and background checking
  • Ongoing training in property management and investment strategies
  • Legal compliance updates across provinces
  • Connections with other real estate investors and professionals

How We Compare

  • Local Expertise: Deep knowledge of St. John's rental market and neighbourhoods
  • Professional Standards: Licensed, bonded, and insured property management company
  • Transparent Fees: Competitive management fees with no hidden charges
  • Technology: Online tenant portals and mobile-friendly owner reporting
  • Responsive Service: Dedicated property management team with local presence
  • Integrated Services: Can also help you sell, buy, or refinance your investment property

Getting Started with Property Management

  1. Initial Consultation: Discuss your property, rental history, and investment goals
  2. Property Evaluation: Market analysis and pricing recommendations
  3. Management Agreement: Clear terms, fees, and service scope
  4. Property Preparation: If needed, prepare property for rental (repairs, cleaning, staging)
  5. Marketing & Leasing: We find and screen tenants
  6. Move-In & Operations: Manage tenant relations, maintenance, and finances
  7. Ongoing Support: Monthly reporting and proactive property management

Questions About Property Management?

Common Questions:

  • What are your management fees? Typically 8-10% of gross rental income, depending on property type and services
  • Do you handle vacancy periods? Yes, we market aggressively and typically minimize vacancies
  • What happens in an emergency? We coordinate emergency repairs immediately and prioritize tenant safety
  • Can I raise rent? We'll advise on market rates and help implement increases in compliance with provincial law
  • Do you handle evictions? Yes, we manage the process professionally and legally

Ready to Put Your Property Management in Expert Hands?

Turner Realty's InvestorsEdge program is designed to maximize your rental income while minimizing your stress. Let us handle the day-to-day management so you can enjoy the returns.

Schedule Property Management Consultation