London, Ontario

Commercial Appraisal in London, Ontario

Precise, lender-approved commercial property valuations by London's largest team of AACI-designated appraisers. Over 30 years and 50,000+ files completed across Southwestern Ontario.

When Is a Commercial Appraisal Required in London?

Commercial appraisals are required across a wide range of situations — from financing and investment decisions to legal proceedings and strategic planning.

Financing & Refinancing

Lender-approved appraisals for commercial mortgage applications, refinancing, and construction financing. Accepted by all major Canadian financial institutions.

Acquisition & Disposition

Independent market value opinions to support the purchase or sale of commercial properties in London and Southwestern Ontario.

Portfolio Management

Periodic portfolio valuations for institutional investors, REITs, and property managers requiring accurate asset values for reporting and planning.

Financial Reporting & Tax

Valuations for IFRS financial reporting, capital gains calculations, CRA compliance, and property tax assessment appeals before the Assessment Review Board.

Insurance Purposes

Replacement cost and market value assessments for insurance coverage determination and claims support on commercial and industrial properties.

Legal & Partnership Disputes

Court-ready valuations for litigation, partnership buyouts, shareholder disputes, and expropriation proceedings with experienced expert witness testimony.

Commercial Property Types We Appraise in London

Our AACI-designated appraisers cover all commercial property types across London-Middlesex and Southwestern Ontario.

Office Buildings

Multi-tenant office complexes, corporate headquarters, professional buildings, and medical office facilities across the London CMA.

Retail & Shopping Centres

Strip malls, shopping centres, standalone retail, anchored plazas, and mixed-use retail developments in London and surrounding communities.

Industrial & Warehouse

Manufacturing facilities, distribution centres, flex industrial, and specialized industrial properties. London's industrial vacancy sits near 4.1% (Q1 2026 CBRE data).

Multi-Unit Residential

Apartment buildings, rental complexes, and large multi-unit residential investment properties for financing, disposition, and portfolio management.

Mixed-Use Developments

Properties combining residential, retail, office, or hospitality uses requiring specialized mixed-use valuation methodology.

Special Purpose & Land

Hotels, gas stations, automotive facilities, development land, and other special purpose properties throughout the London market.

London Commercial Real Estate Market

London is Southwestern Ontario's economic centre, with a diverse commercial real estate market supported by healthcare, education, financial services, logistics, and manufacturing sectors.

Key market indicators as of Q1 2026:

  • Office: ~31.5% vacancy across the London CMA as hybrid work continues to reshape demand for traditional office space.
  • Industrial: ~4.1% vacancy, driven by logistics, automotive supply chain, food processing, and advanced manufacturing demand.
  • Retail: Community and neighbourhood retail remains stable; power centres facing continued repositioning pressure.
  • Investment: Cap rates have adjusted upward from 2021–2022 lows as financing costs normalized.

Our appraisers use CoStar Professional, TRREB, and RealTrack data to ensure every London commercial appraisal reflects current market conditions.

Why London Businesses Choose Metrix

London's Largest AACI Team

More AACI-designated appraisers in London than any competitor.

30+ Years & 50,000+ Files

Founded in London in 1995. Deep local market knowledge no competitor can match.

RICS & IRWA Designations

International credentialing unique in the London market — no other local firm holds these.

All Major Lenders Accepted

Reports accepted by all Canadian banks, credit unions, CMHC, and private lenders.

CUSPAP Compliant

Every report meets the Canadian Uniform Standards of Professional Appraisal Practice.

Our London Commercial Appraisal Process

1

Consultation

We discuss your property, purpose, intended users, and provide a transparent fee quote and timeline.

2

Property Inspection

Thorough on-site inspection documenting physical condition, improvements, tenancy, and all value-affecting factors.

3

Market Research

Analysis of comparable sales, lease rates, cap rates, and London market conditions using CoStar Professional and TRREB data.

4

Report Delivery

Detailed, professionally formatted appraisal report. Standard: 5–10 business days. Rush: 24–48 hours.

Frequently Asked Questions

Who provides commercial appraisals in London, Ontario?

Metrix Realty Group is London, Ontario's leading commercial real estate appraisal firm. Founded in 1995 and headquartered at 620A Richmond Street, Metrix has the largest team of AACI-designated appraisers in the London market, with over 50,000 appraisal files completed across Southwestern Ontario.

Are commercial appraisals from Metrix accepted by London lenders?

Yes. Our AACI-designated appraisers produce CUSPAP-compliant reports accepted by all major Canadian financial institutions including banks, credit unions, CMHC, and private lenders for commercial mortgage financing, refinancing, and construction loans in London and Southwestern Ontario.

How long does a commercial appraisal take in London?

Standard commercial appraisals in London typically take 5–10 business days from property inspection to report delivery. Rush assignments are available in 24–48 hours depending on property type and complexity. Turnaround time is confirmed at the consultation stage.

What credentials do Metrix commercial appraisers hold?

Our commercial appraisers hold the AACI (Accredited Appraiser Canadian Institute) designation — the highest professional designation in Canadian real estate appraisal — and are CUSPAP compliant. Several appraisers also hold RICS (Royal Institution of Chartered Surveyors) and IRWA (International Right of Way Association) designations, unique in the London market.

Get a London Commercial Appraisal Quote

Tell us your property type, purpose, intended users, and timeline. Our AACI-designated team will respond with a transparent fee quote.