Commercial Property Appraisal Toronto The Number Your Lender Won't Question
Certified Valuations Banks, Courts, and the CRA Accept
Certified Valuations Banks, Courts, and the CRA Accept
If you're financing, selling, appealing a tax assessment, or settling a legal matter involving a commercial property, you need a number that holds up under scrutiny. Seven Appraisal Inc. provides AACI-designated commercial property appraisals across Toronto and the GTA, covering office, retail, industrial, multifamily, and mixed-use assets. Every report follows CUSPAP standards, which is what makes it usable with lenders, courts, and government agencies rather than just a helpful estimate.
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What Our Clients Say About Us
Great experience from start to finish. The appraiser was professional, responsive, and completed the report promptly with great attention to details. Communication was clear throughout the process. Highly recommend their services.
From the initial communication to the delivery of the report. The service was excellent all the way. Reasonably priced and quick turnaround. I was heard and understood. The evaluation met my expectations.
Your speed and accuracy saved a great deal for us. We got the approval from where we got rejected by another approved appraisal report. That meant a world to us. I highly recommend you and your professional team to others. Thanks again and keep going the amazing job you are doing!
Great experience with this appraisal company! They were quick, efficient, and professional. Even with our tight schedule, they went out of their way to accommodate us and get everything done smoothly. Really appreciate their effort and would definitely recommend them.
Great experience from start to finish. The appraiser was professional, responsive, and completed the report promptly with great attention to details. Communication was clear throughout the process. Highly recommend their services.
From the initial communication to the delivery of the report. The service was excellent all the way. Reasonably priced and quick turnaround. I was heard and understood. The evaluation met my expectations.
Your speed and accuracy saved a great deal for us. We got the approval from where we got rejected by another approved appraisal report. That meant a world to us. I highly recommend you and your professional team to others.
Great experience with this appraisal company! They were quick, efficient, and professional. Even with our tight schedule, they went out of their way to accommodate us. Really appreciate their effort and would definitely recommend them.
I've worked with many appraisers and Seven Appraisal and their team are a relief and pleasant to talk to and work with. Would definitely recommend anyone to call them up — they are prompt and courteous!
I could not be happier with the service from Seven Appraisal. Mehran was so helpful and understanding. I would 100% recommend them. Thank you for all your help!
I've had a great experience with Seven Appraisals. They are always responsive, professional, and provide excellent service. Communication is smooth and timely, and their reports are thorough and reliable. Highly recommended for anyone looking for efficient and dependable appraisal services.
Great experience from start to finish. The appraiser was professional, responsive, and completed the report promptly with great attention to details. Communication was clear throughout. Highly recommend their services.
I've worked with many appraisers and Seven Appraisal and their team are a relief and pleasant to talk to and work with. Would definitely recommend anyone to call them up — they are prompt and courteous!
I could not be happier with the service from Seven Appraisal. Mehran was so helpful and understanding. I would 100% recommend them. Thank you for all your help!
I've had a great experience with Seven Appraisals. They are always responsive, professional, and provide excellent service. Communication is smooth and timely, and their reports are thorough and reliable. Highly recommended.
Great experience from start to finish. The appraiser was professional, responsive, and completed the report promptly with great attention to details. Communication was clear throughout. Highly recommend their services.
What a Commercial Appraisal Actually Involves
A commercial appraisal is a formal opinion of market value prepared by a certified appraiser, built from three possible methods and reconciled into one supported figure.
Income Approach
Net operating income is divided by a market-derived capitalization rate to arrive at value. This is the primary method for income-producing properties like office buildings, retail plazas, and multifamily assets.
Sales Comparison Approach
Recent sales of similar properties are analyzed and adjusted for differences in location, condition, and lease structure to establish a market-supported value benchmark.
Cost Approach
Replacement cost minus depreciation establishes value. Most relevant for newer builds or special-purpose properties where comparable sales data is limited or does not exist.
The appraiser weighs all three methods based on property type and available data, then reconciles them into a single value conclusion. This is the difference between a certified appraisal and a broker's opinion of value. A BPO reflects market experience, but only a certified appraisal carries the standardized methodology and legal standing that financing, court, and government use requires.
Who This Is For
An independent number to negotiate from, whether you're acquiring an industrial building in Vaughan or listing a retail plaza in Etobicoke.
Major banks require an independent appraisal before approving commercial financing, since it directly determines your loan-to-value ratio.
For divorce, estate settlement, or partnership dissolution cases involving commercial property. See our litigation and matrimonial matters and complex valuation cases pages for how we support these.
An independent appraisal is the evidence that actually moves a tax appeal. More detail on this specific process is on our MPAC property tax and assessment appeals page.
For financial reporting, M&A due diligence, and setting accurate insurance replacement costs on commercial assets.
Feasibility studies, interim construction valuations, and market rent studies to guide leasing and refinancing decisions.
Property Types We Appraise
Each property type is valued differently. An office appraisal leans on lease quality and tenant covenant strength. A retail appraisal weighs foot traffic and anchor tenant health. An industrial valuation focuses on clear heights, loading access, and functional layout. If your property fits one of these more specific categories, our dedicated pages go deeper on what drives value for that asset class.
Property performance can vary meaningfully block to block, not just city to city. Local comparable data matters more than general market averages, and our appraisers work directly in these markets.
What Affects Your Property's Value
- Cap Rates and Investor Demand
- Lease Terms and Tenant Quality
- Net Operating Income
- Building Condition
- Recent Comparable Sales
- Redevelopment Potential
- Environmental Encumbrances
- Title Issues
Standard commercial appraisals depending on property complexity. Complex or multi-tenant assets may require additional time.
Rush service available for urgent closings- Straightforward retail or office unit from $2,500
- Mid-complexity commercial asset $3,500 – $5,500
- Complex, multi-tenant, or special-use $7,500+
Who Accepts Our Reports
Trusted By
Leading lenders, brokerages, government agencies, and professional firms
Our Appraisal Process
We confirm the appraisal's purpose and scope so the report is structured for exactly how you'll use it.
The appraiser visits the property to assess condition, layout, and any physical factors that affect value.
We pull comparable sales, review lease data, and run income analysis based on what the market supports.
You review the draft before the report is finalized, giving you the opportunity to flag any factual corrections.
A certified, sealed report delivered and ready for your lender, lawyer, or the CRA.
Certified and Sealed