Tax Planning Appraisals in Toronto & the GTA: Reduce Your CRA Burden

When tax season approaches, accurate real estate valuations can make a big difference in how much you owe to the Canada Revenue Agency (CRA). Whether you’re reporting capital gains, planning an estate transfer, or restructuring a business, a Tax Planning Appraisal can help ensure your property’s value is documented accurately — and potentially reduce your overall CRA burden.

At Walson Consulting Inc., we provide CRA-compliant real estate appraisals across Toronto and the Greater Toronto Area (GTA) — including Brampton, Mississauga, Oakville, Milton, Scarborough, Ajax, Pickering, Oshawa, Whitby, Markham, Newmarket, Richmond Hill, Vaughan, Woodbridge and surrounding areas. Our appraisal reports are trusted by accountants, lawyers, estate trustees, and financial planners for reliable, defensible property valuations.

What Is a Tax Planning Appraisal?

A Tax Planning Appraisal is a professional property valuation performed to support financial and tax-related decisions. It establishes the fair market value (FMV) of your real estate for accurate reporting and compliance with CRA requirements.

You may need a Tax Planning Appraisal in the following cases:

• Capital Gains Reporting: When you sell an investment or secondary property, a professional appraisal helps ensure your capital gains are calculated based on true market value.

  
  

• Estate Freezing & Business Restructuring: When transferring assets within a family or corporation, an appraisal provides the CRA-recognized fair market value needed for tax and accounting records.

  
  

• Principal Residence Exemption Planning: For homeowners using part of their property as a rental or office, an appraisal helps clarify the taxable and exempt portions of the property.

  
  

Why a Professional Appraisal Matters for CRA Compliance

The CRA requires objective, well-supported valuations — not estimates or realtor opinions. Using an AIC-designated appraiser ensures your report meets professional standards and can stand up to CRA review.

At Walson Consulting Inc., every appraisal report is:

• Prepared by a Designated Member of the Appraisal Institute of Canada (AIC)

• CUSPAP-compliant (Canadian Uniform Standards of Professional Appraisal Practice)

• Thorough, accurate, and CRA-ready

This level of detail and credibility is what the CRA expects in any property-related tax documentation.

How a Tax Planning Appraisal Can Help You Reduce Your CRA Burden

A properly conducted Tax Planning Appraisal can directly impact your bottom line. Here’s how it helps Toronto and GTA property owners:

1. Establish Accurate Fair Market Value: Prevent overpaying taxes due to inflated or outdated property valuations.

   
   

2. Support Capital Gains Calculations: A detailed appraisal helps determine your property’s market value at acquisition and sale, ensuring fair capital gains reporting.

   
   

3. Provide Solid CRA Documentation: CRA auditors often request independent appraisals — a certified report adds credibility and transparency.

   
   

4. Enable Strategic Tax Planning: Accountants and financial planners use appraisals to structure estate transfers and corporate reorganizations in tax-efficient ways.

   
   

When Should You Get a Tax Planning Appraisal in the GTA?

You should consider ordering a Tax Planning Appraisal if you are:

• Selling or transferring property ownership

• Reporting capital gains to the CRA

• Restructuring your business or freezing your estate

• Gifting or inheriting property

• Changing your property’s use (personal, rental, or investment)

  
  

The ideal time to get an appraisal is before the transaction or tax filing — giving you and your accountant time to plan ahead and minimize your tax exposure.

Why Choose Walson Consulting Inc.

At Walson Consulting Inc., we specialize in Tax Planning Appraisals across Toronto and the GTA. Our clients include homeowners, accountants, estate trustees, and legal professionals who need reliable valuations that meet CRA expectations.

Our appraisal reports are:

• Prepared by AIC-designated appraisers

• Accepted by accountants, lawyers, and financial institutions

• CUSPAP-compliant and CRA-ready

  
  

With our experience in the GTA real estate market, we provide precise, defensible valuations that help you make smarter tax and financial decisions.

Request Your Tax Planning Appraisal Today

Plan with confidence this tax season. Get a certified Tax Planning Appraisal from Walson Consulting Inc., trusted across Toronto and the GTA, and make sure your property’s value works in your favour — not against you.

Contact us today for a free quote or consultation.