Commercial property methodology guide

Purpose of the commercial property methodology guide 

This guide gives you in-depth information on our commercial property valuation process.

Who this is for

This methodology guide was prepared by MPAC for:

  • commercial property owners and their representatives
  • municipalities and their representatives
  • Assessment Review Board members
  • provincial officials
  • MPAC assessors
  • the general public

What's inside

This guide outlines the valuation process followed by our assessors, including steps that require appraisal judgment. The content includes in-depth information about:

  • the types of commercial properties
  • legislation
  • classification
  • consultation and disclosure
  • approach
  • data collection
  • data analysis
  • validating results
  • the valuation

Read MPAC's Methodology Guide: Valuing Commercial Properties in Ontario.