Full-Time
Maintenance Manager
Posted on 8/23/2025
Tricon Residential
1,001-5,000 employees
Residential real estate rental property operator
No salary listed
Toronto, ON, Canada
In Person
 Real Estate (1) |
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- Proven experience with large mechanical systems, including HVAC, BAS, and spa/fitness facilities.
- Familiarity with Yardi and intermediate proficiency in MS Office.
- Exceptional communication, interpersonal, and problem-solving skills.
- Strong understanding of health, safety, and building code regulations.
- Ability to work flexible hours and operate relevant equipment (e.g., tractors, waste systems).
- Minimum 3 years of experience managing teams of 10+ in a maintenance leadership role
- College diploma or Trade Certification
- Previous experience in luxury residential, commercial, or hospitality properties.
- Valid driver’s license with clean abstract.
- Champion our culture of exceptional service and professionalism.
- Communicate with residents courteously, ensuring transparency and timely updates on maintenance issues.
- Optimize building systems and IT infrastructure to enhance resident and staff experiences.
- Lead, supervise, and mentor all maintenance staff, contractors, and service providers.
- Develop and manage daily, weekly, and monthly maintenance schedules.
- Oversee budgets related to repairs, maintenance, capital projects, and turnovers, including variance reporting and forecasting.
- Foster a 'safety first' mindset across all internal and external stakeholders.
- Conduct regular team meetings, establish KPIs, and oversee performance management.
- Ensure compliance with relevant legislation (RTA, ESA, Fire Code, OHSA, RentSafeTO).
- Oversee the Pre-Delivery Inspection (PDI) process for suites and all mechanical systems.
- Collaborate with Construction and Development teams to ensure seamless transition to operations.
- Hire and train the full Maintenance Team.
- Lead vendor selection for maintenance services in partnership with procurement.
- Coordinate installation and optimization of IT and telecom infrastructure.
- Finalize and implement Emergency Response and Safety plans.
- Develop Standard Operating Procedures in collaboration with department leads.
- Maintain all suites, common areas, and back-of-house spaces to the highest luxury standard.
- Manage the turnover process of all suites and commercial units.
- Manage preventative maintenance programs and oversee work order resolution.
- Ensure compliance with all building codes and OHSA regulations.
- Oversee vendor work quality, cost efficiency, and completion timelines.
- Maintain comprehensive records using Yardi and other systems.
- Participate in suite inspections, move-in/out checklists, and equipment audits.
- Enforce company health and safety standards among all staff, vendors, and contractors.
- Act as lead of the Health and Safety Committee, ensuring adherence to OHSA.
- Ensure consistent use of PPE and correction of hazardous conditions.
- Document site and suite inspections on a daily, weekly, quarterly and annual basis.
- Provide financial variance commentary and forecast reviews.
- Maintain logs and ensure all documentation is completed accurately and in a timely manner.
- Bachelor’s degree
Tricon Residential owns and operates a diversified portfolio of single-family and multi-family rental homes across North America. It buys, renovates, and manages residential properties to provide long-term rental housing for individuals and families, generating income from rents. The company targets high-growth markets and maintains a resident-first approach with professionally managed properties, online rent payments, maintenance requests, and smart-home features to offer a convenient living experience. Its differentiators include geographic diversification across many markets to spread risk and a strong emphasis on service quality through online platforms and resident support. The goal is to provide reliable, comfortable housing while growing its rental portfolio in desirable markets.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Toronto, Canada
Founded
1988
Simplify's Take
What believers are saying
- Expanding BTR pipeline of 5,500 new homes nationwide addresses housing affordability gap in high-growth markets.
- Secured $410.5 million CMBS loan across nine states, enabling continued portfolio growth and refinancing flexibility.
- Geographically diversified portfolio across Atlanta, Phoenix, Tampa, Charlotte mitigates regional economic downturns.
What critics are saying
- BTR rents declined 1% year-over-year; Tricon's $2,008 average rent trails $2,180 national benchmark.
- Floating-rate CMBS loan exposes debt service to interest rate spikes amid persistent inflation pressures.
- California BTR expansion faces zoning restrictions and resident backlash against corporate ownership models.
What makes Tricon Residential unique
- Operates 65,000+ single-family rental units with 96.8% occupancy, outperforming 95% national average.
- Backed by Blackstone Real Estate with $3.5 billion acquisition capital and strategic operational support.
- Issued 19 SFR securitizations totaling $9.2 billion, demonstrating institutional-grade capital markets access.
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Benefits
Flexible Work Hours
Professional Development Budget
Mental Health Support
Wellness Program
Company News
Tricon debuts eighth BTR development in California. News | March 31, 2026 | Paul Bubny California & West + Apartment Buildings Tricon, a Blackstone Real Estate portfolio company, held the grand opening of Tricon Winchester, a build-to-rent (BTR) community in Riverside County. The 180-home development is part of the company's broader effort to expand access to single-family rentals in quality neighborhoods. Tricon Winchester was developed in partnership with Foremost Pacific Group on vacant land, transforming an underutilized site into much-needed housing for families in the Inland Empire. Tricon has now launched eight new BTR communities in California and invested in a pipeline of 5,500 new rental community homes delivered or under development nationwide. "Families want the space and stability of a single-family home, but in today's market, the monthly cost of owning often puts that out of reach," said Andrew Carmody, senior managing director at Tricon. "In the Inland Empire, owning a home can cost roughly 40% more per month than renting a comparable home. Tricon helps to bridge that gap."
Tricon Residential's stock is trading in a narrow range near its cash takeover offer from a Blackstone Real Estate fund, with daily volatility minimal as the market awaits deal completion. The share price has consolidated after a sharp autumn rally following the merger announcement. Over the past year, shareholders have seen strong double-digit gains as the stock was re-rated from a cyclical REIT to a strategic asset. The takeover effectively caps further upside, with the stock now trading as a merger arbitrage play rather than an operating business. Wall Street analysts have shifted to neutral ratings, acknowledging the limited upside now capped by the cash offer. The remaining spread between trading price and offer price represents timing and regulatory risk. Major brokers assign high probability to deal completion, with no sell recommendations based on deal risk in recent reports.
Blackstone unit to land $411M for SFR homes. The properties are spread across nine states. Blackstone's Tricon Residential is set to receive a $410.5 million CMBS loan backed by 1,490 SFR and nine condo units, according to a report by KBRA. Homes are spread throughout nine states. Royal Bank of Canada will sell the interest-only, floating-rate note. Midland Loan Services will act as servicer and special servicer, while Computershare will serve as trustee. Of the $3.5 billion spent on Tricon's purchase two years ago, Blackstone earmarked $416.4 million for this 1,499-unit collection. Tricon acquired the single-family homes between 2012 and 2024 with an average estimated price of $357,184. They have a vintage of approximately 31 years and their square footage averages 1,743 square feet. All units have at least two bedrooms. Properties are scattered throughout Georgia, Florida, Arizona, Texas, North Carolina, Nevada, South Carolina, California and Indiana. Largest exposure at metro level is in Atlanta (27.9 percent), Phoenix (19.1 percent), Tampa, Fla. (10.6 percent) and Charlotte, N.C. (8.9 percent). The average rent across the collection stood at $2,008 as of January, slightly below the $2,180 national average recorded in December, according to a Yardi Matrix report. Nationally, BTR rents were down 1 percent year-over-year, marking the steepest decline in more than a decade. Blackstone's collection had an average occupancy rate of 96.8 percent in October, better than the 95 percent registered at a national level, the same data provider shows. As of September 2025, Tricon owned or managed more than 65,000 SFR units throughout the U.S. The company issued 19 SFR securitizations totaling $9.2 billion and has already repaid $2 billion across five loans.
HHS Residential and Johnson Development partnered with Tricon on the Viridian development, which is off Collins Street just north of Green Oaks Boulevard.
Great Place to Work(R) certifies Tricon Residential as A Great Place To Work(R) in the U.S. and Canada for 2025.