Multi-family residential appraisers in Canada
4-plex and small multi-unit valuations using direct comparison and income capitalization — typically AACI-led work for refinancing and acquisitions.
What drives value
Value drivers
- Net operating income and stabilized cap rate
- Unit mix and in-place vs. market rents
- Operating expense ratio and capex backlog
- Comparable plex sales
Be prepared
What multi-family (4+ units) appraisals typically involve
Documents to gather
- Trailing 12 months income & expense statements
- Current rent roll
- Capex schedule and recent invoices
Report formats
- Full narrative (standard for 4+ units)
Common purposes
- Mortgage financing / CMHC
- Acquisition due diligence
- Estate
- Partnership buy-outs
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Get multi-family (4+ units) appraisal quotes
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