Property Officer 1 you can apply here
Reporting to the Manager, the Property Officer 1 performs valuation and conducts negotiations for the leases/sales/purchase of surplus property resulting in the completion of real estate transactions including sales, lease, licenses, land exchanges, easements permissions and consent agreements.
Prepares appraisals of real property including leasehold and leased fee, strata and easement interests
Conducts economic and feasibility studies including using the Discounted Cash Flow technique (DCF).
Assesses/evaluates appraisal reports, real estate development feasibility studies and other reports prepared by private consultants.
Evaluates elements of compensation i.e. good will, value to the owner, in accordance with the provisions of the Expropriation Act and makes recommendations.
Inspects property to determine location, type of construction, condition, functional design, takes measurements and pictures Obtains information from Departments and outside sources regarding planned use, cost of services, zoning by-law restrictions, costs.
Negotiates with the general public, agents, solicitors, business/industrial corporations, developers and officials of all levels of government and makes recommendations as to price, terms and conditions etc., for leasehold acquisition by purchase or expropriation or disposal of a wide variety of real property interests
Responds to enquiries from other divisions, tenants, real estate agents, the public and elected officials
Represents Division and provides appraisal and/or consulting input at meetings with community groups, property owners, Councillors, and City staff.
Represents the City at tribunals, arbitration hearings, mediations and the Ontario Municipal Board as an expert witness. Prepares submissions for and appear as a witness at hearings, mediations and tribunals.
Coordinates and attends meetings with Departments, Boards and Commissions and community groups for the purpose of presenting advice on real estate matters and City policy.
Prepares appraisal reports and conducts feasibility studies on City-owned properties by researching, analyzing data, projecting future financial potential, to produce a proposal call or recommend a course of action. Prepares similar studies on private properties re proposed acquisition by City.
Represents the Division’s real interests in City-wide planning, negotiation, priority-setting and decision processes to ensure consistency with Divisional responsibilities, objectives and other contractual requirements.
Prepares draft reports for Council, Committees, Departments and agencies.
Maintains records of transactions in progress.
Identifies real estate issues, market trends and assist in the development of real estate appraisal policy and processes.
Verifies Agreements of Lease, Purchase and Sale and arranges for and reviews independent appraisals.
Job Classification Title PROPERTY OFFICER 1
Job ID # 2240450 X
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