London, Ontario

Industrial Appraisal in London, Ontario

Lender-approved industrial property valuations by AACI-designated professionals with deep London market knowledge. Warehouse, manufacturing, logistics, flex industrial, and specialized facilities across Southwestern Ontario.

London's Industrial Real Estate Market

London sits at a strategic position along the Highway 401 corridor, making it a key logistics and manufacturing hub for Southwestern Ontario. The industrial market remains tight relative to historical norms.

  • Vacancy rate: ~4.1% across the London CMA as of Q1 2026 (CBRE data), with availability around 5.8%.
  • Key demand drivers: Logistics and e-commerce distribution, automotive supply chain, food and beverage processing, and advanced manufacturing.
  • Location advantage: Highway 401/402 interchange, proximity to Toronto (2 hrs) and US border crossings (Windsor/Sarnia).
  • New supply: Limited by land availability and construction costs, supporting values on existing industrial inventory.

Our appraisers use CoStar Professional, TRREB, and proprietary sale and lease comparable data to ensure every London industrial appraisal reflects current market conditions.

Industrial Property Types We Appraise

Warehouse & Distribution Centres
Manufacturing & Processing Facilities
Flex Industrial Buildings
Automotive Supplier Facilities
Food & Beverage Processing Plants
Cold Storage & Refrigerated Facilities
Industrial Development Land

When Is an Industrial Appraisal Required?

Financing & Refinancing

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

Sale & Acquisition

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

Portfolio & IFRS Reporting

Periodic valuations for institutional owners, REITs, and property managers for financial reporting, IFRS compliance, and strategic planning.

Property Tax Appeals

Independent valuations to support MPAC assessment challenges before the Assessment Review Board for industrial properties in London-Middlesex.

Expropriation

Market value and Injurious Affection analysis under Ontario's Expropriations Act for industrial properties affected by infrastructure and government projects.

Insurance & Legal

Replacement cost and market value assessments for industrial insurance coverage, and court-ready valuations for litigation and partnership disputes.

Frequently Asked Questions

What is the London industrial real estate market like?

London's industrial market is one of the tightest in Southwestern Ontario, with vacancy near 4.1% as of Q1 2026. Demand is driven by logistics, automotive supply chain, food processing, and advanced manufacturing. The Highway 401/402 corridor position supports consistent industrial demand from regional and national tenants.

What credentials do Metrix industrial appraisers hold?

Our industrial property appraisers hold the AACI (Accredited Appraiser Canadian Institute) designation — the highest in Canadian real estate appraisal. Several also hold the RICS (Royal Institution of Chartered Surveyors) and IRWA (International Right of Way Association) designations. All reports comply with CUSPAP and are accepted by major Canadian lenders.

How is an industrial property appraised?

Industrial appraisals in London typically use the direct comparison approach (analysis of comparable sales) and the income approach (capitalization of market rent for investment properties). The cost approach may be used for specialized facilities where comparable sales are limited. Our appraisers draw on CoStar Professional, TRREB, and proprietary industrial comparable databases.

Get a London Industrial Appraisal Quote

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