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Subway

Toronto - Development - Leasing Rep Sr - Mat Cover

Toronto, ON, Canada

Contract

Apply About employer

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Job details

Job type: Contract
Apply by: Nov 1, 2026
Education: Bachelor’s degree
Experience: 5–8 years of commercial leasing, real estate, or asset management experience, preferably within QSR, retail, or franchised environments.
Posting language: English
Posted: Oct 2, 2026

Original job description

Ready to build what's next with one of the world's most iconic brands?

Why Join Subway?

At Subway, we are not standing still. We are building. This is a business focused on what matters most: growing franchisee profitability, strengthening our brand and creating long-term value. The people who thrive here are the ones who want to make a real impact. You will not just do the work. You will shape it.

We move fast. We think like owners. We make decisions that matter. We hold ourselves to a high standard because what we do directly impacts thousands of franchisees around the world. If you bring energy, accountability and a bias for action, you will fit right in. We take the work seriously, but we also know the best results come from teams that support each other, celebrate wins and show up ready to build something better every day. This is your chance to be part of what's next.

About The Role

The Senior Leasing Representative manages a portfolio of Subway restaurant leases across Canada, acting as the primary point of contact for landlords, brokers, and franchisees on all leasing matters - driving value through proactive lease management, rent optimization, risk mitigation, and strategic real estate support. This is a fast-paced, high-volume role: on any given day you may be negotiating a lease renewal, reviewing a Letter of Intent or lease amendment for risk, working a rent-arrears or default notice to resolution, or supporting the Real Estate team in documentation for new restaurants. Success in this role requires sound commercial judgment, comfort with lease terminology and structure, and the ability to juggle multiple active files at different stages simultaneously. This is a long-term contract role for maternity coverage.

Responsibilities Include But Are Not Limited To

Lease Portfolio Management

Oversee a portfolio of restaurant leases, ensuring all critical dates, options, and obligations are proactively managed.
Lead lease renewals, extensions, and renegotiations, optimizing terms to improve occupancy costs and flexibility.
Identify and mitigate lease-related risks, including restrictive clauses, co-tenancy risks, exclusivity conflicts, and redevelopment exposure.
Maintain accurate lease records and critical date tracking within internal systems.

Negotiation & Financial Optimization

Lead rent negotiations, including base rent, percentage rent, CAM/TMI structures, and landlord contributions.
Execute lease liability negotiations, including early exits, assignments, subleases, and termination agreements.
Develop and leverage rent comparables, market data, and portfolio insights to inform negotiation strategies.
Partner with Finance and Development to evaluate occupancy cost ratios and portfolio performance

Landlord & Broker Relationship Management

Build and maintain strong, strategic relationships with key landlords, REITs, developers, and brokerage partners.
Represent the brand in negotiations to secure favorable terms and long-term partnerships.
Act as the escalation point for landlord-related issues, including disputes, enforcement, and property concerns.

Franchisee Support & Advisory

Act as a trusted advisor to franchisees on lease matters, providing guidance on obligations, risks, and opportunities.
Support franchisees through renewals, relocations, and restructuring discussions.
Partner with cross-functional teams to align lease strategies with franchisee performance and market conditions.

Closures, Relocations & Risk Mitigation

Support closure mitigation strategies by negotiating lease exits, restructures, or temporary relief.
Lead real estate aspects of relocations, including lease terminations and new site negotiations.
Collaborate with Development and Operations to proactively identify at-risk locations and develop action plans.

Real Estate & Development Support

Partner with the Real Estate team on site selection, providing input on lease structures, landlord profiles, and market conditions.
Support LOI negotiations, ensuring alignment with brand standards and long-term flexibility.
Provide insights on trade areas, landlord quality, and deal viability.
Once LOI is complete, take over the lease negotiation

Property Management & Issue Resolution

Support resolution of property-related issues, including maintenance disputes, CAM reconciliations, and landlord compliance.
Review and challenge landlord charges where applicable to ensure accuracy and fairness.

Industry Engagement & Market Intelligence

Represent the brand at industry events such as ICSC and other real estate forums.
Maintain strong awareness of market trends, landlord strategies, and leasing dynamics across regions.
Continuously benchmark portfolio performance against market conditions.

Qualifications

Bachelor's Degree required.
5–8 years of commercial leasing, real estate, or asset management experience, preferably within QSR, retail, or franchised environments.
Strong expertise in lease negotiation, including financial structures and legal clauses.
Experience in market analysis and determining fair market rents
Demonstrated ability to manage high-volume portfolios with competing priorities.
Proven track record of delivering measurable value through rent reductions, lease restructures, or risk mitigation.
Strong understanding of Canadian commercial leasing practices, including regional nuances.
Experience working with franchise models and supporting independent operators is highly preferred.
Proficiency in lease management systems and financial analysis tools.
Bi-Lingual (English/French) capability an added asset
Real Estate Designations an added asset
Highly organized and self-motivated with the ability to manage workload independently and prioritize effectively.
Strong communication and interpersonal skills with the ability to work cross-functionally and engage franchisees professionally.
Ability to adapt quickly and manage shifting priorities in a fast-paced development environment.

What do we Offer?

Insurance Plans (Medical/Dental/Vision/Life)
401k
Competitive Bonus
Mobility Allowance
Tuition Reimbursement
Company Holidays
Employee Resource Groups
Volunteering time
Many More…

Actual pay is determined based on a number of job-related factors including skills, education, training, credentials, qualifications, scope and complexity of role responsibilities, geographic location, performance, and working conditions.

The Company is only considering applicants who are currently authorized to work in the country the position is based. AA/EOE/D/V

Subway uses technology‑assisted tools to support our recruitment process. These tools strictly help organize and sort applications based on job‑related qualifications. All decisions are made by people - our recruiting team and hiring managers. If you have questions or would like to request an alternative review process, please let us know.

Job Details

Pay Type: Salary
Employment Indicator: Regular

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More about this job

Responsibilities

Manage Subway's Canadian restaurant lease portfolio, leading renewals, rent negotiations, lease restructures, and risk mitigation while maintaining lease records and critical dates. Advise franchisees and collaborate with landlords, brokers, Finance, Development, and Operations on site selection, relocations, closures, and property issues.

Requirements

A bachelor's degree and 5–8 years of commercial leasing, real estate, or asset management experience are required, with strong lease negotiation, market analysis, and Canadian commercial leasing knowledge. The role also calls for high-volume portfolio management, financial analysis, strong communication and organization, and preferably experience with QSR, retail, franchising, and independent operators.

Skills

Commercial Lease Negotiation
Lease Portfolio Management
Rent Optimization
Lease Risk Mitigation
Market Analysis
Fair Market Rent Assessment
Financial Analysis
Lease Administration
Franchisee Advisory
Lease Renewals and Restructuring
Site Selection
Property Issue Resolution
Portfolio Management
Cross-Functional Collaboration

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k)
Competitive Bonus
Mobility Allowance
Tuition Reimbursement
Company Holidays
Employee Resource Groups
Volunteering Time

Visa sponsorship

Not detected in the job text

Keywords

Commercial Leasing
Restaurant Leases
Lease Portfolio Management
Lease Renewals
Lease Extensions
Lease Renegotiations
Base Rent
Percentage Rent
CAM
TMI
Landlord Contributions
Lease Assignments
Subleases
Termination Agreements
Rent Comparables
Market Analysis
Occupancy Costs
Lease Liability
Letter of Intent
Site Selection
Franchise Operations
Canadian Commercial Leasing
Lease Management Systems
Financial Analysis
CAM Reconciliations
Co-Tenancy
Exclusivity Clauses
Redevelopment Exposure
Real Estate Development
ICSC

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