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Property Management Group

We are Vancouver Island’s property management leaders

Since 1981, Devon Properties Ltd. has been leading the way as Vancouver Island’s premier property management company.

Our comprehensive management model is unique and has raised the bar and set standards for property management, making Devon a sign synonymous with quality — for tenants and for property owners.

How do we do it? It’s no secret.

Devon Properties is solidly founded on principals of excellence and driven by a proactive approach to property management.

Property owners who choose Devon can count on us to achieve the following results:

•Impeccably maintained buildings that consistently maximize income
•Low operating costs
•Vacancy rates consistently lower than market
•Competitive rents that consistently set the market
•Quality tenants who respect their tenancy
•Accurate, timely reporting
•An asset that maximizes both its income and market value for the long term

 

Our comprehensive management model is unique and has raised the bar and set standards for property management, making Devon a sign synonymous with quality — for tenants and for property owners.

The Devon Advantages

Having a large portfolio of properties—as well as decades of experience and a widely respected reputation—gives us advantages that, ultimately, benefit you as a property owner.

•Our considerable purchasing power means we get significant discounts and first-in-line service from suppliers, ensuring lower operating costs for all our buildings.

•Pre-chosen products (carpet, linoleum, counter tops, paint, tile) across the Devon portfolio deepen volume-based discounts, further lowering operating costs.

•Front-of-line service and pre-chosen products allow Devon to turn suites in an incredibly short time frame, minimizing vacancy loss.

•Our large portfolio also creates a significant insurance pool, meaning lower premiums and operating costs.

•We review market rents continually, determining and managing rate changes immediately. Our process maximizes market rents and achieves maximum gross potential rents for each building on an ongoing basis.

•Our thorough tenant application process includes credit and reference checks, as well as personal interviews by the building managers and strives to qualify and attract long-term tenants for fewer vacancies.

•Our building managers implement consistent operating policies and procedures to create solid relationships with tenants, resulting in long-term tenancies and lower tenant turnover.

•Consistent management standards minimize tenant complaints, rental arbitration hearings, and rental-process confusion, which can hurt income potential.

•We act immediately to address issues that can affect income, such as late payments, NSF’s, notices to vacate, move-ins, and vacancy advertising.

•Our proactive systems for cash-flow management and timely reporting mean owners receive rental income within 3-4 days of rent collection.

•Active, hands-on building management and timely reporting allow proactive planning for major expenditures, substantially reducing costly surprises.

•Our solid reputation garners confidence from financial institutions, insurance providers, government agencies, and accounting firms, which can be invaluable to the successful overall ownership of the asset.

With Devon managing your property, you can rest assured that the value of your investment is protected and your building is being managed in a truly professional manner. Contact us today.