Manager, Asset Management - Toronto - Fitzrovia

Description

Fitzrovia is seeking a Manager, Asset Management to join our growing team. The successful candidate will play a key role in driving the financial and operational performance of Fitzrovia's portfolio of purpose-built rental communities.

The Manager will take a lead role in property-level analysis, asset strategy execution, and financial reporting, while contributing to portfolio-wide initiatives and cross-functional projects. This role is ideal for a highly analytical professional who is strong in financial modeling, data-driven decision-making, and real estate operations— and who is ready to step into a more strategic, leadership-oriented position within the asset management function.

At Fitzrovia, we pride ourselves on being an entrepreneurial and innovative organization, which makes this role well suited for a candidate looking to roll up their sleeves, wear multiple hats and contribute to all aspects of real estate investment and development.

As we are a highly collaborative team, this role is on-site full-time, and the successful candidate will be required to work in the office Monday to Friday.

Responsibilities

• Manage the development, implementation, and ongoing refinement of asset business plans across assigned properties.
• Monitor and evaluate property performance, financial results, and operational KPIs, proactively identifying risks and opportunities.
• Support the execution of asset business plans across multiple properties, ensuring alignment with operational, financial, and strategic objectives.
• Collaborate with Property Management to monitor property performance, identify operational improvements, and implement corrective actions as needed.
• Assist with annual budgeting and capital planning, providing analytical insight into expense management, revenue optimization, and long‑term value creation.
• Identify and evaluate value‑add opportunities such as renovations, energy efficiency programs, and technology upgrades.
• Collaborate with cross‑functional teams to align leasing, marketing, and capital initiatives with portfolio strategy.

Financial Analysis & Reporting

• Lead detailed financial modeling, forecasting, and data‑driven analysis to support property and portfolio‑level decision‑making.
• Prepare, review, and analyze monthly and quarterly reporting packages, including variance analyses, key performance indicators, and benchmarking.
• Develop and refine Excel‑based analytical tools to enhance portfolio monitoring, performance tracking, and scenario analysis.
• Support valuation processes, including coordination and review of appraisals and internal value assessments.
• Prepare executive‑level presentations summarizing asset performance, capital plans, and investment recommendations.

New Property Launches & Development Transition

• Support the successful launch of new communities, ensuring seamless transition from construction to operations.
• Conduct market analysis, competitive benchmarking, and rent positioning to inform pricing and leasing strategies.
• Monitor lease‑up performance and work closely with internal teams to refine operating assumptions and lease‑up plans for new developments.

Partnerships & Growth Initiatives

• Support the team in evaluating new business opportunities, acquisitions, and strategic partnerships.
• Participate in due diligence, underwriting, and business case preparation for potential investments.
• Support the preparation of materials for investors, lenders, and joint venture partners, including asset summaries, lender packages, and performance updates.
• Assist in the evaluation of new investment opportunities through detailed financial modeling, market research, and sensitivity analyses.
• Collaborate with the Asset Management leadership team to identify process improvements, new technologies, and analytical tools to enhance efficiency and insight.
• Build relationships with lenders, brokers, and other third‑party stakeholders to enhance Fitzrovia's network and execution capability.
• Contribute to corporate initiatives related to technology adoption, ESG strategies, and process improvement within the Asset Management function.

Qualifications and Experiences

• Undergraduate or graduate degree in Business, Finance, Real Estate, or a related discipline.
• 3–6 years of progressive experience in real estate asset management, investment, or related field; multi‑family experience strongly preferred.
• Previous experience in asset management and assisting in complex projects will be considered an asset.
• Advanced analytical and financial modeling skills with expert proficiency in Microsoft Excel and PowerPoint.
• Bilingual proficiency in English and French is considered an asset.
• Excellent written and verbal communication skills, with the ability to distill complex analysis into actionable recommendations.
• Highly organized and detail‑oriented professional, skilled at managing multiple priorities under tight deadlines with strong analytical abilities and a deep sense of accountability.
• Strategic and solutions‑oriented thinker with sound business judgment, an entrepreneurial mindset, and a proactive approach to independent decision‑making and innovation.
• Collaborative and adaptable team player who thrives in fast‑paced, entrepreneurial environments and is always willing to "roll up their sleeves" to get the job done.

Why Fitzrovia

Fitzrovia is a vertically integrated development and asset manager focused on Class‑A and vintage‑style apartment buildings across the Greater Toronto Area (GTA) and Montreal. Fitzrovia provides best‑in‑class development, construction, property and asset management with a focus on design, active lifestyle management and exceptional customer service.

Fitzrovia partners with public institutions, pension funds and high net‑worth investors who have a bias towards long‑term cash‑flow generating assets. The company is the largest developer of purpose‑built rental apartments in Canada with over $9 billion of assets under management.

We focus on our people and our culture, and offer a competitive salary, benefits, and career development opportunities. Fitzrovia's commitment to hospitality is at the core of our DNA. To learn more about Fitzrovia, our people and our properties, visit

Fitzrovia is an equal opportunity employer and is committed to creating an inclusive environment for all our employees. If you require reasonable accommodation during the recruitment process, please reach us at