Job prospects Apartment Rental Agent in Ontario
Explore current and future job prospects for people working as an "apartment 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 an "apartment rental agent" Property administrators (NOC 13101) or across Canada.
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