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Gift and non-arm’s length transfer appraisals in Toronto and the GTA
When you sell or gift a property to a family member or another non-arm’s length party, the CRA can treat the transaction as happening at fair market value, even if the price paid was lower. An appraisal documents that value.
How it works
A supportable value helps avoid disputes about the proceeds of disposition and the buyer’s cost. Your accountant or lawyer can advise how the rules apply to your transfer.
What we provide
- Gifts to children or relatives
- Sales below market value
- Transfers between related parties
- A written report for both sides
What to send us
- The property address and the valuation date you need
- Your accountant’s or lawyer’s name, if they need the report
- Purchase or transfer documents, if you have them
This page is general information, not tax or legal advice. Tax rules change and depend on your situation, so confirm with your accountant or tax lawyer. We provide the property valuation only.
Common questions
What is a non-arm’s length transfer?
A transfer between related people, such as family members, or between parties who are not dealing independently, such as a person and a corporation they control.
Why does the value matter if no money changes hands?
The CRA can treat a gift as a sale at fair market value, which can produce a capital gain for the person who gave the property.
Areas we serve
We provide this service across Toronto, Peel, York, Halton, Durham and surrounding areas.
City of Toronto
Peel Region
York Region
Halton Region
Durham Region
Surrounding Areas
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If your request is urgent, please call us or email us directly and we will respond as soon as possible. Your request is kept confidential.
Phone: 416-728-1666
Email: Housevalue@iCloud.com