Property managers charge 8–12% of your rent — every month — plus leasing fees, to do work LandlordEzy now automates: collecting rent, raising it, screening tenants, serving LTB notices and keeping flawless records. Here's the honest comparison.
8–12%
Of your rent, every month
½–1 mo
Typical leasing fee per vacancy
~$2,400/yr
On a $2,000/mo unit (at 10%)
$0 extra
To raise rent or serve a notice on LandlordEzy
Head to head
Same outcomes. One charges a slice of your rent forever; the other is a flat membership that runs on autopilot.
| What needs doing | Property manager | LandlordEzy |
|---|---|---|
| Monthly cost | 8–12% of rent, every month | A flat membership |
| Collect rent & track the ledger | Included (for a cut of your rent) | Automatic — self-running rent ledger |
| Raise the rent (N1) | They handle it — and bill you | One click — guideline-safe, auto-applied |
| Tenant not paying (N4) | They draft & serve it | Generate, e-sign & serve in 60 seconds |
| Screen tenants | Their process, their markup | AI credit checks & screening, at cost |
| Report rent to Equifax | Rarely offered | Built in — good tenants build credit |
| Leases & e-signing | Leasing fee (often a half/full month) | Included — official Ontario lease, e-signed |
| Inspections & records | Their records, not yours | Yours, organized, with photos & PDFs |
| Who keeps the data & control | The property manager | You — always |
Being fair about it
A property manager physically shows up — meeting trades on site, handling an after-hours emergency in person. That's the real value. Everything else they charge for — rent, increases, notices, screening, leases, records — LandlordEzy automates. So most landlords keep a handyman on call and let the software be the manager, pocketing the 8–12% fee. And if you do want hands-off help, LandlordEzy offers managed options too — without locking up your property or your data.
What you keep by self-managing:
Most Ontario property managers charge 8–12% of the monthly rent, plus a leasing/placement fee (often half a month's to a full month's rent) each time they fill a vacancy, and sometimes setup or renewal fees. On a $2,000/month unit that's roughly $1,900–$2,900 a year in management fees alone — every year, for work you can now automate.
Yes. There's no requirement to hire a property manager. The day-to-day work — collecting rent, raising rent, screening tenants, serving LTB notices, e-signing leases, keeping records — is all work a landlord is entitled to do themselves. LandlordEzy automates each of those tasks so self-managing takes minutes, not hours.
It used to be. The hard parts — calculating arrears for an N4, timing a rent increase correctly, building a Certificate of Service, keeping a clean ledger, reporting rent — are exactly what LandlordEzy automates. You make the decisions; the software does the busywork. Most landlords spend a few minutes a month per unit.
For routine notices, no. The N1 (rent increase) and N4 (non-payment) are notices landlords are entitled to prepare and serve themselves, and LandlordEzy fills the official LTB forms correctly — removing the mistakes paralegals charge to avoid. For genuinely contested or unusual matters, you can still consult a licensed paralegal.
A property manager physically attends the property — meeting trades on site, handling emergencies in person. LandlordEzy handles everything else: rent, notices, screening, leases, reporting, records and reminders. Many landlords keep a handyman on call and let the software do the management — keeping the 8–12% fee for themselves. (For owners who do want hands-off help, LandlordEzy also offers managed options.)
If a property manager charges 10% on a $2,000/month unit, that's about $2,400 a year — far more than a LandlordEzy membership, and that's before leasing fees. For most landlords the platform pays for itself many times over in the first year, and you keep full control of your property and your data.
LandlordEzy is software that helps Ontario landlords manage their rentals and prepare LTB forms — it is not a law firm or a licensed property manager, and this page is general information, not legal or financial advice. Fee figures are typical ranges; your situation may differ.
Join the landlords running their Ontario rentals on autopilot — and keeping the 8–12% they used to hand a property manager.
