How it works

From request to signed report in 12 days.

A CUSPAP-compliant commercial appraisal, signed by a designated AACI, delivered as a bound PDF. Here is how the engagement moves from your desk to theirs and back.

Request an appraisal
Step 01

Intake

Tell us the assignment. Property address, asset class, reason for the appraisal, intended user, and your timeline. The intake form captures the qualifying details a designated appraiser needs to scope the engagement before accepting it.

Alfred - the qualification scaffold - handles follow-up questions if your submission needs clarification. You confirm scope before anyone is engaged. No phone tag, no back-and-forth email chains.

What we ask

  • + Property address and asset class
  • + Reason for the appraisal
  • + Intended user of the report
  • + Timeline and priority
  • + Your contact details

What we don't ask

  • - Payment upfront
  • - Account creation
  • - Binding commitment before scope confirmation
Step 02

Routing

Your request is routed to a designated practitioner. We match by asset class, geographic region, and current workload. The AACI you see signing your report is the one who walked the property - no white-label hand-offs, no outsourced shortcuts.

You receive an email confirming who the practitioner is, their designation credentials, and the next steps. If the engagement requires a site visit, the practitioner coordinates directly with you or your property contact.

Matching criteria

  • + Asset class specialisation
  • + Geographic proximity
  • + Current engagement load
  • + Timeline fit

What you receive

  • + Practitioner name and AACI designation
  • + Estimated delivery date
  • + Direct contact for the engagement
Step 03

Report

CUSPAP-grade, signed, delivered. A bound PDF and machine-readable summary, signed by an AACI in good standing with the Appraisal Institute of Canada. Audit-ready, IFRS-aligned, court-defensible.

The report follows the current CUSPAP standard's structure, methodology, and disclosures. Workpapers are retained for the statutory period. If your report is challenged in court or audit, the signing practitioner stands behind it.

The designation

What AACI means on a report.

The Appraisal Institute of Canada (AIC) administers a three-tier designation path. The AACI (Accredited Appraiser Canadian Institute) is the highest tier - it requires a university degree, completion of the AIC's applied experience program, and demonstrated competency in commercial and complex property valuation.

A CRA (Canadian Residential Appraiser) is qualified for residential work. An AACI is qualified for all property types - commercial, industrial, institutional, multi-family, special-purpose, and development land. When your lender, auditor, or court requires a commercial valuation, the AACI designation is the credential that satisfies the requirement.

The designation is not a title. It is a practice obligation - continuing education, peer review, professional liability insurance, and adherence to CUSPAP in every engagement.

Every practitioner on the Appraisals.on.ca bench holds an active AACI designation in good standing. We verify designation status with the AIC before routing any engagement. If a practitioner's status lapses, they are removed from the active bench until reinstatement.

The standard

CUSPAP 2024.

The Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) is the national standard governing real property appraisal in Canada. Updated biennially by the AIC, the 2024 edition is the current binding standard.

Standard Jurisdiction Accepted by
CUSPAP 2024 Canada Canadian lenders, OSFI, CRA, courts
USPAP United States US lenders, IRS, US courts
IVS International IFRS reporting, cross-border transactions

A CUSPAP-compliant report is accepted by all major Canadian lenders, OSFI-regulated institutions, the Canada Revenue Agency, and Canadian courts. If your engagement requires IFRS alignment, the CUSPAP framework accommodates IVS methodology references.

The deliverable

What's in the bound PDF.

  1. 01 Letter of transmittal and certification
  2. 02 Executive summary with concluded value
  3. 03 Property identification and legal description
  4. 04 Market area analysis and highest-and-best-use determination
  5. 05 Valuation methodology (income, cost, direct comparison - as applicable)
  6. 06 Comparable sales and rental data with adjustments
  7. 07 Reconciliation and final value estimate
  8. 08 Assumptions, limiting conditions, and extraordinary assumptions
  9. 09 Appraiser qualifications and AACI designation confirmation
  10. 10 Addenda: photographs, maps, zoning, lease abstracts
FAQ

Common questions.

How long does a typical commercial appraisal take?

Standard turnaround is 10-15 business days from site visit to signed report. Expedited engagements (7-10 days) are available for most asset classes at a premium. Complex properties (development land, special-purpose) may require 15-20 days.

What does a commercial appraisal cost?

Fees vary by asset class, complexity, and location. Typical range for a single-asset commercial appraisal in Ontario is $3,500-$7,500. Portfolio engagements and complex properties (development land, special-purpose) are quoted individually after scope confirmation.

Do I need to be present for the site visit?

Not necessarily. The practitioner needs access to the property and any relevant documentation (leases, operating statements, capital plans). You can designate a property manager or tenant contact to facilitate access.

Is the report accepted by my lender?

CUSPAP-compliant reports signed by an AACI are accepted by all major Canadian lenders and OSFI-regulated institutions. If your lender has specific format requirements or an approved-appraiser panel, let us know during intake and we will confirm compatibility before engaging.

Can the report be used in court?

Yes. CUSPAP-compliant reports are court-defensible. The signing practitioner retains workpapers and can provide expert testimony if required. For litigation-specific engagements, indicate this during intake so the practitioner can structure the report accordingly.

What geographic areas do you cover?

Ontario at launch. Primary coverage: Greater Toronto Area, Kitchener-Waterloo, Ottawa, London, Hamilton. Secondary markets across Ontario are served by practitioners willing to travel. Rest of Canada is planned for a future expansion.

What if I need multiple properties appraised?

Portfolio engagements are supported. Submit one request per property, or describe the portfolio in the constraints field and we will coordinate a single practitioner (or team) to handle the batch with consistent methodology and timeline.

Ready to commission an appraisal.

One form. One qualified AACI. One signed report.

Request an appraisal
Request an appraisal
Accepting new properties Ontario commercial valuation since 1973 (519) 578-3300 CUSPAP-grade reports for lenders, lawyers, and asset managers