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Duplex & triplex appraisers in Canada

Valuations for 2–3 unit residential properties — blending direct comparison with income-approach support for rental units.

What drives value

Value drivers

  • Legal vs. non-conforming secondary suites
  • In-place rents vs. market rents
  • Separate metering and unit configuration
  • Comparable 2–3 unit sales
Be prepared

What duplex & triplex appraisals typically involve

Documents to gather
  • Current leases and rent roll
  • Property tax assessment
  • Confirmation of legal suite status if available
Report formats
  • Short narrative for most lender uses
  • Full narrative for litigation or larger assignments
Common purposes
  • Mortgage financing
  • Refinance
  • Estate
  • Capital gains
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Get duplex & triplex appraisal quotes

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