POSITION:​​ Senior Property Manager (GTA Retail/Commercial Portfolio) DEPARTMENT:​​ Operations REPORTS TO:​​ Vice President, Operations DIRECT REPORTS:​ Site Manager / Maintenance / Administrator (depending on location)

LOCATION:
100 Sheppard Ave, E., North York

SALARY:
CA$115,000–$140,000 + comprehensive benefits + RRSP matching About Terracap The Terracap Group of Companies is a private equity real estate organization headquartered in Toronto with a diverse portfolio of more than 4 million square feet across North America. Our holdings include retail, mixed-use, office, hospitality, multi-residential, and development assets. Terracap is known for its entrepreneurial culture, long-term ownership approach, and hands-on asset management philosophy. We are proud to work with a collaborative, high-performing team focused on operational excellence and value creation. The Opportunity Terracap is seeking an experienced Senior Property Manager to oversee a dynamic GTA-based retail/commercial portfolio totaling approximately 700,000 square feet, including grocery-anchored shopping centres, street-front retail, and a limited residential component. This is an opportunity to join a sophisticated and growing real estate organization where you will have meaningful ownership of your portfolio while working closely with senior leadership and a collaborative internal team, including leasing, accounting, and property administration support. The successful candidate will bring strong commercial or mixed-use property management experience, with expertise in retail operations, tenant relations, budgeting, CAM and realty tax recoveries, capital projects, and multi-site portfolio management. Why Join Terracap?
• Competitive compensation package: $115,000–$140,000
• Comprehensive health and dental benefits
• RRSP matching program




• Opportunity to manage a high-profile GTA retail portfolio
• Exposure to capital projects and redevelopment initiatives
• Collaborative and supportive leadership team
• Stable, well-capitalized ownership group with a long-term growth strategy

Key Responsibilities
Portfolio Operations
• Oversee the day-to-day operations of a GTA retail/commercial portfolio comprising approximately 700,000 square feet
• Conduct regular site inspections and ensure properties are maintained to Terracap’s operational standards
• Identify operational efficiencies and implement best practices related to maintenance, safety, and risk management
• Coordinate with internal leasing and accounting teams to support overall portfolio performance Tenant & Vendor Relations
• Build and maintain solid relationships with tenants, contractors, consultants, and municipal stakeholders
• Respond to tenant concerns and ensure a high level of tenant service
• Tender, negotiate, and oversee service contracts and property-related vendors
• Coordinate operational aspects of tenant move-ins, build-outs, and ongoing occupancy Financial Management
• Prepare and manage annual operating and capital budgets
• Monitor portfolio financial performance, including variance analysis and cost controls
• Oversee CAM and realty tax recoveries, accounts receivable review, and tenant reconciliations
• Assist with quarterly reporting and operational analysis Capital Projects & Building Systems




• Oversee capital projects, repairs, and property improvement initiatives
• Coordinate with consultants, contractors, and internal stakeholders to ensure projects are completed on time and within budget
• Maintain strong working knowledge of major building systems including HVAC, mechanical, electrical, roofing, and life safety systems Qualifications
• 7–10 years of commercial or mixed-use property management experience, ideally within retail-focused portfolios
• Experience must include commercial, retail, or mixed-use property management; candidates with exclusively residential property management experience are not the right fit for this role
• Experience managing multi-site retail/commercial properties with complex operating structures
• Strong understanding of CAM and realty tax recoveries, budgeting, and financial reporting
• Experience overseeing capital projects and vendor management
• Strong communication, organization, and problem-solving skills
• Ability to manage multiple priorities in a fast-paced environment
• Proficiency in Microsoft Office and Yardi (preferred)
• RPA designation or equivalent is considered an asset
• Valid G driver’s license and ability to travel throughout the GTA
• Ability to respond to after-hours and emergency situations, as required Benefits
• Dental care
• Extended health care
• Vision care
• Disability insurance
• Life insurance
• RRSP matching program Apply If you are looking for an opportunity to join a growing and entrepreneurial real estate organization with a collaborative culture and a high-quality retail portfolio, we would like to hear from you. We thank all applicants for their interest; however, only those selected for an interview will be contacted.

📌 Senior Property Manager (North York)
🏢 Terracap Management
📍 North York