CAPREIT

Director, Operations

CAPREIT  •  $110k - $120k/yr  •  Toronto, CA (Onsite)  •  7 days ago
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Job Description

About the Role

Are you a dynamic leader with a passion for property management and delivering exceptional resident experiences? Join CAPREIT, one of Canada’s largest residential landlords, as a Director, Operations In this role, you’ll merge the oversight of property management with hands on financial planning and execution to develop, maintina and project the health and ownership of the real assets of the organization. This position is categorized by a high degree of leadership, responsibility, creativity, vision, accountability, technical aptitude and diplomacy.

Who are we?

We are a growth-oriented company that own and operate the highest quality rental communities across Canada. We offer our residents attractive, comfortable and secure homes and are constantly seeking talented individuals to join our team. Our employees are essential to the success of our communities and we consider them our most valuable assets. We proudly invest in our employees’ learning and growth through our Mentorship Program and our Leadership Development Program, offered in partnership with Concordia University. As a recognized 2025 Mercer Best Employer, we are proud to be an equal opportunity employer that celebrates the diversity of the communities where we live and do business. This is reflected in the incredible progress we've made in raising our Engagement Score above the Canadian Top Quartile. It's a testament to the dedication of our people across the country. Together, we will continue to raise our levels of employee engagement.

About the Director, Operations opportunity:

  • Optimize Portfolio Performance: monitor vacancy, rent collection, arrears, procurement discrepancies, and operational reports. Implement corrective actions to maintain full occupancy and operational excellence.
  • Drive Financial Performance: maximizing revenue by managing operating and capital budgets, optimizing rent structures, controlling expenses, and identifying new revenue opportunities, such as parking and lockers.
  • Lead Operations & Compliance: ensure full compliance with life safety standards, legal requirements, and corporate policies. Conduct inspections, address deficiencies, and respond to emergencies.
  • Enhance Asset Value & Deliver Capital/Special Projects: develop and execute action plans to improve property aesthetics, operations, and long-term value. Oversee unit turnovers, capital projects, and major structural upgrades. Support due diligence and integration of new acquisitions.
  • Oversee Legal & Tribunal Matters: manage LTB applications (AGI, N12, T2/T6, rent reductions), human rights cases, and insurance discovery/recovery hearings.
  • Liaison for Government Officials including: Property standard & Bylaw Officials, Technical Standard Safety Authority, Electrical Safety Authority, Fire department, Public Health Department, City councilors, MPP, Ministry of Housing, Social Housing, Police inspections (assist with investigations).
  • Champion Resident Experience: resolve resident inquiries, manage rentention initiatives, negotiate settlements, and engage with tenant associations to maintain high satisfaction.
  • Execute Marketing & Leasing Strategies: evaluate promotions, optimize rent tables, manage incentives, and implement strategies to address vacancies.
  • Lead & Developing Teams: hire, train, coach, and mentor staff. Conduct performance reviews and performance management, and create development plans that support growth and accountability.
  • Provide Strategic Asset Management: analyze financial statememnts, review capital requests, support procurement strategies, and collaborate with senior leadership on asset repositioning and revenue intiatives.

What We’re Looking For

  • University/college degree or equivalent experience
  • Strong leadership and interpersonal skills
  • Ability to interpret financial statements and manage budgets
  • Excellent problem-solving, organizational, and communication skills
  • Proficiency in computer applications
  • Ability to manage multiple priorities under tight deadlines

Compensation:

  • Competitive Base Salary starting between $110,000.00 - $120,000.00.
  • $8,000.00 annual car allowance

What’s in it for you?

At CAPREIT, we reward all permanent full-time employees:

  • Paid Vacation
  • Flexible Health, Dental & Vision Benefits
  • Employee Savings Plan
  • Employee & Family Assistance Plan
  • Learning & Professional Development

Your opportunity to build an exciting career!

CAPREIT

About CAPREIT

The Best Place to Live, Work and Invest.

We have a remarkable history of caring, starting in 1997 with 2,900 residential suites owned in Ontario. Since then, we have expanded and diversified across Canada’s strongest urban growth markets, and our portfolio has grown to approximately $14.5 billion of investment properties, excluding approximately $0.6 billion of assets held for sale, as at June 30, 2025.

We’ve become Canada’s largest residential REIT, and we’ve never had a better team in place to continue building a better business for our residents, our people and our Unitholders for many years to come.

Quality Accommodations across Canada

At CAPREIT we treat our residents with the utmost respect and strive to meet their needs well beyond their rental apartment. The reason for our success is simple: We’re all about building happy, supportive, thriving communities that are friendly and welcoming. At the heart of our communities are our residents. So that’s where our care starts. Visit one of our rental properties and find out for yourself why our units are so sought after. You may just make one your home.

Professional Management Team

We offer a professional, dedicated team with a unique proactive management style. CANADIAN APARTMENT PROPERTIES • REIT is mandated to provide a safe, happy home to our thousands of residents and provide investors with long-term, predictable returns and cash distributions.

Industry
Real Estate & Property
Company Size
501-1,000 employees
Headquarters
Toronto, CA
Year Founded
1997
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