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Residency change appraisals (immigration and emigration) in Toronto and the GTA

Becoming or ceasing to be a Canadian resident for tax purposes can affect the cost of certain property. An appraisal as of the date residency changes documents the value.

How it works

Different property is treated differently, and Canadian real estate is often handled differently from other assets. Your accountant will tell you whether a deemed disposition or cost reset applies. We provide the value as of the date you need.

What we provide

  • Value on the date you become a resident
  • Value on the date you leave Canada
  • Reports for cross-border tax advisors
  • Houses, condos, cottages and rental property

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

Do I need an appraisal when I move to Canada?

It can help establish a starting value for certain property. Your accountant can confirm whether it applies to you.

Does leaving Canada trigger tax on my Canadian home?

Canadian real estate is generally treated differently from other property on emigration. Confirm your situation with a cross-border tax professional.

Request a quote

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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