PROPERTY OFFICER 3 – City of Toronto

Job Title: PROPERTY OFFICER 3

Location: Toronto, ON

Job Description: Job ID: 50816Job Category: Buildings, Property Operations & Real EstateDivision & Section: Corporate Real Estate Management, Real Estate TransactionWork Location: Metro Hall, 55 John Street, Toronto, OntarioJob Type & Duration: Full Time, Temporary (18 months) VacanciesHourly Rate: $41.33 – $45.26Shift Information: Monday to Friday, 35 hours per weekAffiliation: L79 Full-timeNumber of Positions Open: 2Posting Period: 03-DEC-2024 to 17-DEC-2024Major Responsibilities:

• Locates and appraises property by conducting research in Geowarehouse, Atlus Data Studio, real estate board listings, comparables, etc.
• Inspects properties to be sold or leased to ensure marketability. Photographs, measures, calculates area.
• Negotiates with property owners, solicitors, real estate agents on sale price/rent within predetermined limits. Makes recommendations for approval.
• Prepares reports to Committees and Council regarding real estate issues including sale of City owned properties and the acquisition of lands.
• Coordinates and assists with the preparation of real estate agreements and other legal documents (ie. Offers to lease, notices of sale, etc.) and checks for accuracy.
• Corresponds in writing with City’s Agencies, Boards, Commissions and Divisions respecting various real estate matters concerning City owned properties.
• Corresponds with property owners related to inquiries respecting City owned properties and availability of surplus City owned land and acquisition of new lands needed by the City.
• Provides advice and interpretations of various Acts that relate to City real estate matters.
• Undertakes circulation of potentially surplus properties and prepares properties for disposal.
• Initiates court action i.e. notice to vacate, bad debts, arrears.
• Represents the City at tribunals, arbitration and mediation hearings and Assessment Review Board as required.
• May be requested to attend and give evidence on behalf of the City and assist the Solicitor in the preparation of the case.
• Appraises development lands under Section 42 of the Planning Act one day before the issuance of the first building permit.
• Answers inquiries from solicitors, real estate agents, property owners regarding City owned properties available for sale or lease and provides information on land use, zoning and other by-laws governing the property.
• Assess data on similar sales in determined prices/rates.
• Attends community meetings to assist in the coordination of lease approvals for City-owned properties.

Key Qualifications:Your application must describe your qualifications as they relate to:

• Post-secondary education in Planning, Real Estate, Business and/or Economics with relevant experience in property management and other realty transactions or an equivalent combination of education and/or relevant work experience.
• Experience supporting real estate transactions for land development and site management.
• Experience supporting the appraisal, acquisition, leasing, sale of real estate and/or revenue-generating transactions (i.e. Licenses, partnership agreements, revenue-sharing opportunities, public/private partnerships, etc.)
• Experience in research, data collection and formal report writing as it relates to real estate.

You must also have:

• Must possess and be able to maintain a valid Province of Ontario, Class “G” Driver’s License, have access to a personal vehicle, and qualify for the City Driver’s permits and requirements.

• Strong communication skills, both orally and in writing, at a professional level with senior management, consultants, staff, elected officials and the public.
• Knowledge of land building values in and around GTA and familiarity with real estate market trends and activities.
• Ability to negotiate and/or articulate a point of view and provide the required back up to support such perspective.
• Proficient with prioritizing competing demands, managing ongoing project files and completing real estate assignments.
• Understanding of financial and accounting concepts, such as Discounted Cash Flow (DCF), Net Present Value (NVP) and Internal Rate of Return (IRR) and ability to build and review financial models.
• Proficient with MS Office, in particular Excel.
• Strong analytical, problem solving and negotiation skills.
• Good knowledge of the Municipal Act, Municipal Code, Zoning and property standards, regulations and by-laws, as it related to municipal real estate.
• Strong knowledge and application of municipal real estate practices and principals of property valuation.
• Ability to exercise independent judgement and discretion in dealing with confidential matters.
• Ability to travel to various sites and/or work locations within the City of Toronto.
• Ability to support the Toronto Public Service values to ensure a culture that champions equity, diversity, and respectful workplaces.

NOTE TO INTERNAL FULL-TIME AND PART-TIME CITY OF TORONTO EMPLOYEES:City of Toronto employees must apply to full-time or part-time employment opportunities posted on the City’s Internal Job Posting Portal.Equity, Diversity and InclusionThe City is an equal opportunity employer, dedicated to creating a workplace culture of inclusiveness that reflects the diverse residents that we serve. Learn more about the City’s commitment to .AccommodationThe City of Toronto is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs. . Learn more about the City’s .

Company Name: City of Toronto

Salary: $41.33 – 45.26 per hour

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