Address

1 ANTARES DRIVE, SUITE 110
OTTAWA, Ontario   K2E8C4

Phone number

Direct: 613-858-8607

Toll Free: 866-269-5713
Fax: 613-733-3435

E-mail

seanhobbs@kw.com

Phone number
Office613-627-4154

Who We Are

Ottawa Property Group (OPG) was formed in 2010 to operate as a real estate management company. Since its inception, the company has been successful in its pursuits of becoming a leading player in real estate management and investment opportunities. To date, the Company has managed and or invest in over $20,000,000 worth of assets through a number of opportunities. Today, the company is led by its founding principle Rick Renaud CEO along with Sean Hobbs, OPG’s VP of Real Estate Services.

The Company’s core purpose is to provide strong management and guidance to advise our clients on the best approach for their circumstances. We provide services to help acquire and hold commercial real estate while actively matching its investors with the proper risk/return real estate investments, considering all facets of the investment analysis including cash flow, income tax consequences, capital appreciation opportunity, tenant risk, market trends, and many other factors. OPG believes that investment opportunities in these particular markets are favorable because they are often over looked by many institutional investors, resulting in less competition among buyers for properties. However, OPG will not be limited to only investing in these markets.

Ottawa Property Group continuously searches for high quality real estate products across all assets classes including office, industrial, retail, and mixed use. OPG via our Real Estate services branch will act as a principal buyer, a co-developer or financial partner, as the situation dictates. We work exclusively with reputable and proven developers, brokers to create superior risk adjusted returns.

With the real estate industry in a state of adjustment, and the stock market’s persistent turbulence, buyers more reluctant than ever resulting in high amount of inventory directly resulting in a competitive market and price corrections. As the demand for product increases, but the cost of financing remains at record lows, investment returns for real estate most likely will remain tight and competitive. However, there is significant pressure to raise interest rates, which will require even more expertise in order to be successful.

Now more than ever, success is linked to local knowledge of markets and sub-markets, with “on the ground” personnel providing valuable insight not always available in market research and real estate periodicals. Ottawa Property Group will use its extensive relationships and operating platform to penetrate highly fragmented real estate markets, identify inefficiencies and arbitrage opportunities, select specific assets that it believes will maximize returns.

 

 

We Specialize in Condo and Apartment Complexes,

Commercial Properties as well as Rooming Houses!

 

Things we do for you:

  • Local market knowledge, expertise and licensing.
  • Property-specific website for tenants.
  • Aggressive marketing and advertising campaigns.
  • Full application process and tenant screening.
  • Production and execution of all lease agreements, contracts, addendums.
  • Online rent payment options and maintenance request for tenants.
  • Quick disbursements and direct deposit of owner rental proceeds.
  • Collection and retention of tenant security deposits in trust accounts.
  • Online owner access to financials, maintenance, and reporting.
  • Required classes attended on behalf of owners.
  • Year-end financials.
  • Routine internal and external property inspections.
  • 24/7 maintenance and emergency services.
  • Building repairs and routine maintenance.

Let us simplify property management for your apartment complex.

Get A Free Quote Now!

 

Property Management Fees

 

Property Management Fees are calculated as a percentage of the gross rents per month and the number of units we manage for each client.

 

Number of Units          Rate

1-8                                  6%

9-15                                5.5%

16-24                              5.25%

25+                                  5%

 

The more properties you have under contract with us, the more you save! Our rates are very low to begin with but are amazingly low if you have multiple properties assigned to us.

In in edition we do not burden you with hidden or surprise costs. Maintenance issues are handled quickly and competently. If it is a smaller or quick fix, we will more often than not take care of the problem on the spot. Free of charge. If the repair requires more substantial work to fix the problem, we will schedule one of our many third party tradespeople or companies, with which we have a long standing and trusted relationship. Unlike almost all other management companies who regularly mark up all contractor invoices by 20%, We do not! OPG does not profit from repairs in any way.

Replacing/finding tenants comes at a cost of 30% of one month’s rent. This cost covers all expenses related to advertising, screening, and lease preparation/signing. If the tenant continues to rent the unit for year after year, you will not incur this cost a second time. Once a tenant vacates the property, this fee will apply again for the new tenant.

On top of these great low cost features, we will not charge you monthly management fees while your property is vacant! This guarantees you that the only time you will pay a monthly management fee to us will be when you have a tenant under lease to pay rent. For example: if your existing tenant vacates on July 15th and a new tenant is found during July but is not moving in until September 1st, you would pay the monthly fee for June but not for July or August. Monthly fees would resume in September.

I urge you to compare our rates and features to our competitors although you may have a difficult time doing so with most companies not clearly and openly displaying their rates and features on their web sites. We believe in transparency in our rates and our services. It’s by keeping clients happy that we continue to grow and succeed.

*The cost to manage a single family home is $100.00 per month.

** Costs are based on package services however a la carte services are also available at a reduced cost.

***Please note if the services of a licenced relator are needed for rental purposes the fee will be one month’s rent.

 

OPG Services

  • Snow Bird Service, Short Term, Long Term
  • Single, Duplex, Triplex, Multi- Unit Apartments
  • We Manage Rooming Houses!
  • Commercial Properties-Retail Plazas
  • Office Buildings
  • Maintenance Agreements
  • 24/7 Emergency Maintenance Service
  • Marketing
  • Licensed Property Inspections
  • Project Management/Reno’s
  • Tenant Screening & Move In
  • Tribunal Representation
  • Condo Management
  • Project Proposal Development
  • Real Estate Investing Advisory Services
  • In House Licensed Pest Control
  • In House Licensed Lock Smith
  • In House Maintenance Staff
  • In House Real Estate Services/Brokerage via Keller Williams Solid Rock Realty.