Property managers run residential, commercial, condominium, and strata properties: leasing and tenant relations, building operations and maintenance, budgets and financial reporting, owner and board reporting, and regulatory compliance. It is a licensed, credentialed role in much of the country, and pay reflects the responsibility. This guide sets out what property managers earn, and where the related roles in the same firms sit.
The official wage band
Job Bank classifies property managers under NOC 70012, Facility operation and maintenance managers. These are the official hourly wages for the role in Canada, low to high, updated November 19, 2025.
| Level | Hourly |
|---|---|
| Low | $25.96 |
| Median | $45.20 |
| High | $70.67 |
At the median, that is roughly $88,000 a year on a full-time basis, and the top of the band reaches well into six figures for senior managers running large portfolios. Job Bank also notes that about 95 percent of workers in this role receive at least one non-wage benefit, such as a pension, insurance, or paid leave.
Reading the band
The band is wide because it spans an assistant or single-building manager near the floor and a senior manager running a large residential, commercial, or condominium portfolio at the top. Read the upper end as the licensed, experienced, portfolio-level manager, where financial reporting, board and owner relations, and regulatory compliance are core to the job.
What lifts your pay
- A provincial licence where one is required, such as British Columbia or Alberta, and a condominium management licence in Ontario
- A professional designation, such as the Certified Property Manager (CPM) or Real Property Administrator (RPA)
- Portfolio size and asset class, with commercial and large condominium or strata portfolios paying more
- Moving from assistant or administrator into a full property manager or regional manager role
The related role: property administrator
Property management firms also hire property administrators, the coordination and support role that keeps a portfolio running. Job Bank classifies this role under NOC 13101, Property administrators, with these official hourly wages, updated November 19, 2025.
| Level | Hourly |
|---|---|
| Low | $18.46 |
| Median | $31.25 |
| High | $56.41 |
The administrator role is often the entry point into property management, and the step into a licensed property manager role is where pay rises most.
Sources: Job Bank Canada wage data (NOC 70012 and NOC 13101, updated November 19, 2025).
Find your next role
New jobs are posted regularly. Set up a job alert and they reach you first.