Certified commercial and industrial property evaluation

An independent evaluation of your property’s market value, during financing or refinancing, will support your financing application and facilitate its approval.

Our evaluation reports are accepted by all major financial institutions and by the Canada Mortgage and Housing Corporation (CMHC).

Whether you are a buyer or a seller, obtaining an independent evaluation of the property’s market value will enhance your arguments during negotiation and reassure you that the transaction has been conducted at its fair market value.

Unlike all the parties involved in the transactional process of buying/selling (bankers, real estate agents, mortgage brokers), the certified appraiser is the only professional with the skills and expertise to produce an accurate value estimation. They are the only ones capable of providing you with a market value that is FAIR, INDEPENDENT, unbiased, and free from conflicts of interest.

Despite their good intentions and honesty, other transactional participants are not independent and have biases because they all have an interest in the transaction.

Rental value refers to the most likely rent you could obtain for leasing a residential unit in your building or condominium. This value ensures that you secure the lease at the market rate, maximizing the value of your property. In the case of new construction, knowing the rental value of different potential units allows you to assess the viability and potential profitability of your project.

An evaluation report of the POTENTIAL market value of the project will inform you at the beginning of the project about the estimated market value of your project once completed. The POTENTIAL market value allows you to assess its potential profitability, justify costs, and is essential for financing from a bank or private lender.

An evaluation report of the CURRENT value of the property (before renovation) and an estimation at the beginning of the project of the POTENTIAL value of the project (considering renovations as completed) allows you to assess its potential profitability, justify costs, and is essential for financing from a financial institution or private lender.

During new construction or flip projects, financial institutions will release funds necessary for project financing based on the progress of the work and predetermined milestone stages set by the bank. An independent report on the progress of the work at different construction stages allows you to obtain the necessary funds for financing the next stages.

Our evaluation reports are accepted by all major financial institutions and by the CMHC (Canada Mortgage and Housing Corporation).

Under the Quebec Sales Tax Act and the Excise Tax Act, builders of single-family residential buildings, condominiums, or multiple-unit dwellings who build for themselves or for rent must pay tax on the taxable supply of the property, based on the fair market value of a simulated sale at the self-assessment date. A certified appraiser can be commissioned to determine the fair market value for the self-assessment of GST and QST for these types of properties.

When selling a property between related parties, tax authorities consider that the property was negotiated at its market value on the transaction date. In the event of a disagreement with the market value estimated by tax authorities, an appraisal report of the market value as of the transaction date will lend credibility to your challenge.

Our appraisal reports are accepted by the Canada Revenue Agency (CRA) and Revenu Québec.

During an asset rollover, obtaining an appraisal report of the property’s market value on the day of the rollover is important to calculate the capital gain resulting from the presumed sale and to account for the fair market value in the books. This report will justify the capital gain to tax authorities. In case of disagreement with the market value estimated by tax authorities, an appraisal report of the market value as of the transaction date will lend credibility to your challenge.

Our appraisal reports are accepted by the Canada Revenue Agency (CRA) and Revenu Québec.

When changing the use of your property (from principal residence to rental), it is important to define the market value of your property by a certified appraiser on the date of the change of use to protect the tax-free capital gain upon eventual sale of your property. An appraisal report prepared by a certified appraiser will be useful to present to tax authorities at the time of selling the property.

Our appraisal reports are accepted by the Canada Revenue Agency (CRA) and Revenu Québec.

When inheriting properties, obtaining an appraisal report of the property’s market value on the day of inheritance is important to calculate the capital gain resulting from the presumed sale. This report will justify the capital gain to tax authorities. In case of disagreement with the market value estimated by tax authorities, an appraisal report of the market value as of the transaction date will lend credibility to your challenge.

Our appraisal reports are accepted by the Canada Revenue Agency (CRA) and Revenu Québec.

An appraisal of your building’s insurable value will provide you with an estimate of the cost of rebuilding your building to new condition. This estimate ensures that your insurance coverage will adequately cover the entire cost of reconstruction in case of a disaster.