Job prospects Property Rental Agent in Ontario
Explore current and future job prospects for people working as a "property rental agent" in Ontario or across Canada.
Job opportunities in Ontario
These outlooks were updated on November 29, 2023.
Prospects over the next 3 years
The employment outlook will be very good for Property administrators (NOC 13101) in Ontario for the 2023-2025 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Several positions will become available due to retirements.
What Types of Employers Are Out There?
- Majority employed in the real estate and rental and leasing industry, particularly in property management, and leasing firms
What are the Main Trends Affecting Employment?
- Large number of investment properties in Ontario
- High levels of new residential construction, especially apartments and condominiums, due to population growth
- Greater non-residential construction activities will add to the stock of facilities requiring property management services
What Skills Do I Need to Succeed?
- Proficiency in using Microsoft Word and Excel, and Yardi property management software are common requirements
- Under the Condominium Management Services Act, individuals and businesses providing condominium management services in Ontario must have a valid licence issued by the Condominium Management Regulatory Authority of Ontario (CMRAO)
What Other Information Will I Find Helpful?
- There is a fair amount of opportunity for self-employment.
Here are some key facts about Property administrators in Ontario:
- Approximately 16,350 people work in this occupation.
- Property administrators mainly work in the following sectors:
- Real Estate and rental and leasing (NAICS 53): 82%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 80% compared to 81% for all occupations
- Part-time workers: 20% compared to 19% for all occupations
- 76% of property administrators work all year, while 24% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 45 weeks compared to 43 weeks for all occupations.
- 28% of property administrators are self-employed compared to an average of 15% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 42% compared to 52% for all occupations
- Women: 57% compared to 48% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: 7% compared to 9% for all occupations
- high school diploma or equivalent: 26% compared to 25% for all occupations
- apprenticeship or trades certificate or diploma: 8% compared to 8% for all occupations
- college certificate or diploma or university certificate below bachelor's: 26% compared to 22% for all occupations
- bachelor's degree: 25% compared to 24% for all occupations
- university certificate, degree or diploma above bachelor level: 9% compared to 13% for all occupations
Breakdown by region
Explore job prospects in Ontario by economic region.
Legend
Source Labour Market Information | Prospects Methodology
Labour market conditions over the next 10 years
Explore current and future job prospects for people working as a "property rental agent" Property administrators (NOC 13101) or across Canada.
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