Why Canadian property managers trust PayProp

PayProp is an automated rental payment platform that takes the hassle out of the core property management task of collecting and reconciling rent and managing cash flow.  With features like faster landlord and third-party payments, arrears management, integrated maintenance and inspections, and custom  reporting, property managers can handle payment administration far more easily and efficiently than they ever could manually, and all in one place.

But PayProp isn’t just another generic rental payment system – it’s built to meet the unique needs of the Canadian rental market.

Banking without the middleman

PayProp is directly integrated with the Canadian Imperial Bank of Commerce (CIBC), so your money stays in Canada from start to finish.

That means no overseas trust accounts, no extra compliance hurdles, no long transfer waiting periods – just seamless, secure transactions that follow Canadian banking regulations and are visible to property managers, owners and tenants.

Multiple ways for tenants to pay

Canadian tenants should be able to pay rent in the way that works best for them – and with PayProp, they can.

Whether they prefer pre-authorised debit, online transfers, or even mailing in a cheque, PayProp makes it easy to process all payments in one place.

Rent Panda CEO Richard Togman has seen firsthand how this flexibility of choice benefits his business and creates both happier tenants and landlords:

“Over 90% of our tenants pay by pre-authorised debit. After a tenant signs up for PAD, it’s zero work to handle the payments. Meanwhile, some of our clients who are on social assistance get physical cheques mailed by the government. It’s definitely a benefit that PayProp allows us to handle these payments with all the same features.”

Effortless Maintenance

PayProp’s built-in maintenance hub makes it easy to track tickets and pay contractors, while our Property Inspect partnership lets you complete inspections, move-ins/move-outs, assign tasks, and create professional reports right from your phone.

Plus, you can connect the third-party software you already love to PayProp through our fully documented API.

Faster LTB N forms for Ontario property managers

If you manage rental properties in Ontario, you know how much time filling out LTB N forms can take.

PayProp speeds things up by automatically generating and completing N1, N2, and N4 forms with data already stored in your account. What used to be a time-consuming manual process is now done in minutes – and with fewer errors, too!

Support from people who get you

With PayProp, help is never far away.

Our customer support team is based in Ontario, so you’ll always get quick responses from people who know both PayProp and the local rental market inside out.

Built for Canada, shaped by you

Our red and white logo isn’t the only reason PayProp feels at home in Canada – we’re proud to support Canadian property managers with a platform designed just for them.