We combine the disciplines of land use planning and real estate appraisal to provide our clients with truly insightful expertise, comprehensive analysis, and meaningful advice.
At MPR Advisors Inc., we specialize in providing precise property valuations specifically tailored for expropriation matters. With a unique blend of planning and appraisal expertise, we excel in identifying and quantifying injurious affection resulting from an expropriation. Our services are sought after by both landowners and expropriating authorities, and we have a proven track record of providing expert testimony, at the Ontario Land Tribunal (OLT).
MPR appraises development land on behalf of developers and municipalities for cash-in-lieu of parkland determination (per Section 42 of the Planning Act). Our appraisals have been relied upon as evidence at OMB hearings. Our combined expertise in planning and appraisal gives us unique insight for such appraisals. We have also completed studies on behalf of municipalities for the purpose of establishing city-wide fixed-rate charges for cash-in-lieu of parkland.
Through the Planning Act, municipalities may collect cash or other contributions in return for an increase in density or building height. MPR provides appraisals for the purpose of determining the increase in market value (if any) resulting from such an increase. We have also have completed studies on behalf of municipalities for the purpose of establishing city-wide fixed-rate charges for Section 37.
MPR specializes in estimating market rent for both commercial rent resets and ground lease arbitrations.
