What Somerled Properties does

Somerled Properties Inc is a privately held residential property management company headquartered at 200-60 Dorey Ave, Dartmouth, Nova Scotia. It owns and operates two purpose-built, 4-story apartment buildings — The Hantsport in Lantz, NS and The Dunkeld Apartments in Plymouth, NS (New Glasgow area) — collectively offering 1- and 2-bedroom rental units with standardized finishes (hard-surface floors, quality appliances), fitness rooms, community rooms, and garage parking. Rents span roughly $1,400 to $2,050 per month depending on unit type and property.

The company's go-to-market is direct-to-consumer residential leasing. Properties are marketed through the company's website (somerled.ca) and listed on the RentCafe rental marketplace, where prospective tenants can search by rent, area, beds, baths, and amenities, view floor plans, apply online, and access a resident self-service portal for payments and maintenance requests. Operationally, Somerled relies on RentCafe (Yardi Systems) as its core property management and leasing platform rather than any in-house technology; this provides applicant screening, online leasing, rent collection, and resident services out-of-the-box.

Somerled generates revenue through recurring monthly rental payments from individual residential tenants (an effectively subscription-style recurring revenue model). The company employs a small team — including a Director of Property Management (Wayne Baker) and two on-site building managers — and operates with no disclosed parent company, institutional investors, venture funding, or public listing. All activity is concentrated within Nova Scotia, Canada.

Name

Somerled Properties

Legal name

Somerled Properties Inc

Website

https://somerled.ca

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Somerled Properties Inc is a privately held Nova Scotia residential landlord operating two purpose-built 4-story apartment buildings — The Hantsport in Lantz and The Dunkeld Apartments in Plymouth — serving individual residential renters via direct leasing on the RentCafe (Yardi) platform.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential property management
• Apartment rentals
• Residential leasing
• Rental housing
• Multi-family housing

Headquarters

HQ city

Dartmouth

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Residential Rental Income: Somerled Properties generates revenue through monthly rental payments from residential tenants across their property portfolio. Tenants pay rent on a monthly basis for apartments and residential units.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Somerled Properties is a residential property management company that owns and operates two 4-story apartment buildings in Nova Scotia — The Hantsport in Lantz and The Dunkeld Apartments in Plymouth — leasing 1- and 2-bedroom units to individual tenants on monthly rental agreements. Leasing, tenant applications, and resident services are delivered through the RentCafe (Yardi Systems) property management platform.

Product overview

Somerled Properties Inc is a residential property management company operating two apartment buildings in Nova Scotia: The Hantsport in Lantz and The Dunkeld Apartments in Plymouth. The company offers rental housing with various unit types (1-2 bedrooms), building amenities including fitness rooms, community spaces, and parking. Properties are managed through the RentCafe platform, which provides tenant portals for applications, payments, and resident services.

Differentiator

Problem solved

Functional benefit

Brands

• The Hantsport: A 4-story residential building located in Lantz, NS featuring high-quality finishes, parking, full-service fitness facilities, and a common room. Part of Nova Scotia's new community development.
• The Dunkeld Apartments

Products and services

• The Hantsport A 4-story residential apartment building at 1046 Highway 2, Lantz, NS, offering 1- and 2-bedroom rental units with hard surface floors, quality appliances, an on-site fitness room, community room, and garage parking with storage. Rents range from $1,650 to $2,050 per month.
• The Dunkeld Apartments A 4-story residential apartment building at 30 North Novie Dr, Plymouth, NS (New Glasgow area), offering 1- and 2-bedroom rental units with high-quality finishes, on-site fitness facilities, a common room, and garage parking. Rents range from $1,400 to $1,825 per month.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• RentCafe (Yardi Systems)coreTechnology or IntegrationSomerled Properties uses RentCafe property management and leasing platform powered by Yardi Systems for property listings, tenant screening, online leasing, and resident services including rent payments and maintenance requests.

Scale indicators2 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Canadian Apartment Properties REIT (CAPREIT): Large Canadian multifamily REIT operating thousands of apartment units nationwide. Comparable as a residential landlord, though broader geography and much larger scale than Somerled.
• MetCap Living: Canadian multifamily owner/operator managing a portfolio of apartment buildings across multiple provinces. Comparable multi-unit residential landlord business model.
• Boardwalk REIT: Major Canadian multifamily REIT focused on mid-sized and larger markets. Relevant comparable for value-oriented apartment operations and tenant services model.
• Killam Apartment REIT: One of Canada's largest residential landlords with a significant Atlantic Canadian apartment portfolio. Comparable as a multifamily owner/operator serving similar tenant demographics, though vastly larger and publicly traded.
• Hazelview Properties (formerly Timbercreek): Global multifamily investor and operator with Canadian apartment assets. Comparable landlord/operator model, though much larger and institutionally backed.

Regional players

• Universal Properties: Atlantic Canada-focused property management and development firm. Comparable operator serving Nova Scotia and surrounding markets with residential rental product.
• Qlair Property Management: Maritime Canada residential property management firm. Comparable direct-to-consumer leasing model serving similar Atlantic Canadian tenant base.
• Robbie Properties: Atlantic Canadian property developer and manager with rental and condominium assets in Nova Scotia. Direct regional peer with similar geography and tenant focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Somerled Properties