367 Rimrock Rd, North York
416.633.4437
office@wakconsulting.com

About

Wagner, Andrews & Kovacs

Who we are

Wagner, Andrews & Kovacs Ltd. is a private appraisal company based in Toronto. It is one of the largest independent appraisal companies specializing in commercial real estate in Canada. Wagner, Andrews & Kovacs was established in 1992, and has grown to be a highly recognized and well -regarded provider of real estate valuations and consulting services.

Wagner, Andrews & Kovacs Ltd. maintains a high quality of professionalism and completes assignments in an independent manner. All appraisals are undertaken in conformity with the guidelines of the Appraisal Institute of Canada, and the Canadian Uniform Standards of Professional Appraisal Practice (The Standards).

In total, the firm has eight accredited appraisers that specialize in the different real estate sectors; including office, industrial, retail, land, and multi-family residential. Combined, the eight accredited appraisers have 194 years of appraisal experience. Together with a trained and dedicated support staff of ten people, we are able to carry out the research and due diligence required for any assignment; and provide you with concise, easy to read, and reliable reports.

Over the years the Company has cultivated many contacts in the real estate industry, which assists us in the preparation of fully researched reports. Our in-house analytical database contains extensive information on properties and property transactions.

In addition, we subscribe to various Real Estate databases which assist us in providing more accurate value estimates for the following purposes:

  • Acquisition and Disposition
  • Mortgage Financing
  • Expropriation and Partial Takings
  • Pension Fund Reporting
  • Capital Gains, Insurance, Estate Planning and Power of Sale
  • Feasibility and Highest and Best Use Analysis
  • Tax Assessment Appeals
  • Market and Rental Rate Studies and Appraisal Reviews

Provide you with concise, easy to read, and reliable reports in conformity with the guidelines of the Appraisal Institute of Canada, and the Canadian Uniform Standards of Professional Appraisal Practice (The Standards).

In total, the firm is comprised of sixteen members, including eight accredited appraisers that specialize in the different real estate sectors; including office, industrial, retail, land, multi-family residential and special use properties.

One of the largest independent appraisal companies specializing in commercial real estate in Canada.

Over the past two and a half years, Wagner Andrews & Kovacs Ltd. has been entrusted by clients across Canada to value over:

  • $18.4 Billion in Office Buildings
  • $2.88 Billion in Industrial Buildings
  • $7.8 Billion in Retail Buildings
  • $31.6 Billion in Commercial Buildings
  • Dylan Osborne

    BA, AACI, P.App

     

    Dylan Osborne has worked with Wagner Andrews & Kovacs Ltd. since 2012. He is an Accredited Appraiser of the Canadian Institute with AACI and P.App Designations.

    Dylan’s appraisal experience includes investment portfolios, warehouse/manufacturing facilities, industrial malls, office complexes (including medical office), retail plazas and shopping centres. Consulting assignments include highest and best use studies, market rent analyses, and cash flow analyses. Dylan has expertise in Argus valuation software (Argus DCF and Argus Enterprise), and is involved in mentoring junior appraisers.

  • Alex Fraser

    BBA, AACI, P.App

     

    Alex joined Wagner, Andrews & Kovacs in 2009. He is an Accredited Appraiser of the Canadian Institute with AACI and P.App Designations.

    Alex has focused primarily on the appraisals of retail assets. This includes extensive experience in the appraisal of major investment properties including regional shopping centres and shopping malls conforming with IFRS standards. Involvement in portfolio appraisals for various companies. Experience in working with large REIT’s, management companies, private and institutional investors. In addition, Alex has done extensive work on retail properties located in secondary/tertiary markets within Ontario, including properties in Northern Ontario. Alex also has experience in preparing appraisal reports for potential arbitration/litigation proceedings with senior level appraisers.

  • Louie Tragianis

    AACI, P.App

     

    Louie joined Wagner, Andrews & Kovacs in 2001. He is an Accredited Appraiser of the Canadian Institute with AACI and P.App Designations.

    Louie has experience in appraising all major asset classes, including special use properties, industrial, office, retail, multi-residential and land for mortgage financing, acquisitions and due diligence purposes.

  • Demetri Andros

    AACI, P.App, MRICS

     

    Demetri Andros joined the firm in October 2017 as Associate Partner and Vice President and has over 20 years of real estate valuation and consulting experience. He is an Accredited Appraiser of the Canadian Institute and a Member of the Royal Institution of Chartered Surveyors with the AACI, P.App and MRICS Designations.

    Demetri has extensive experience in appraising all major asset classes, including industrial, office, retail, multi-residential and land for mortgage financing, fund and IFRS reporting, acquisitions and due diligence purposes.