---
title: 'Manager, Valuations at Allied'
canonical: 'https://feeny.ai/job/manager-valuations-allied-toronto-9mtwasc0k0e6'
type: 'job'
last_seen: '2026-11-11'
---

# Manager, Valuations at Allied

- **Company:** Allied
- **Location:** Toronto, Canada
- **Compensation:** $100k–$130k
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-11-09
- **Last confirmed live:** 2026-11-11
- **Apply:** https://jobs.lever.co/alliedreit/3c57a0a3-95db-47e6-b667-8b30588e0c45

## Job description

## About Allied

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness. Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead. Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come. Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here. For more information on Allied’s approach to city-building, visit our Insights page.

Purpose

Drive valuation excellence, portfolio insight, and financial performance across Allied’s national platform through rigorous analysis, process leadership, and strong stakeholder collaboration. As Manager, Valuations will play a key role in the internal valuation of the Company’s investment property portfolio. Reporting to the Senior Manager, Valuations, the Manager will perform and review property-level valuations, manage assigned aspects of the quarterly valuation process, review the work of the junior resource, and support management in establishing well-supported fair value conclusions.

This is a hands-on technical position. The successful candidate must be capable of independently building and reviewing ARGUS Enterprise models, completing complex DCF analyses, valuing development properties and land, assessing market evidence, and explaining and defending valuation conclusions. The role will also support financial reporting under IAS 40 and IFRS 13 and interactions with external appraisers and auditors.

## Responsibilities

Valuation Execution and Technical Analysis

- Independently prepare and review valuations of income-producing investment properties, development land and properties under development using DCF, direct comparison and other appropriate methodologies.
- Develop and critically assess assumptions used in the valuation of income-producing investment properties.
- Evaluate highest and best use considerations for development properties and land where applicable.
- Analyze market transactions and other external evidence supporting capitalization rates, discount rates and major valuation assumptions.
- Perform and review valuation sensitivity analyses.

Review and Team Management

- Provide detailed review and constructive challenge of valuations prepared by the junior resource.
- Ensure calculations, assumptions, market evidence and conclusions are internally consistent and appropriately documented.
- Coach and develop junior resource’s technical valuation, ARGUS Enterprise, market research and financial modelling capabilities.
- Allocate property-level responsibilities, establish review timelines and monitor completion against quarterly reporting deadlines.
- Escalate material valuation matters, control exceptions or unsupported assumptions to the Senior Manager, Valuations.

Quarterly Valuation Process and Governance

- Assess property-level changes in leasing, capital expenditures, development costs, operating performance and market conditions.
- Review and explain material quarter-over-quarter fair value movements, identifying the principal property-specific and market drivers.
- For properties externally valued, review and reconcile internal valuation conclusions against external appraisals, investigate and explain variances in values and underlying assumptions, document the rationale for the concluded fair values, and escalate material or unresolved differences to the Senior Manager, Valuations.
- Assist the Senior Manager, Valuations in preparing quarterly materials for senior management and the Valuation Committee.
- Support responses to external auditor and external appraiser questions and track the resolution of review comments.

Financial Reporting

- Apply practical knowledge of IAS 40 and IFRS 13 in determining and documenting investment property fair values.
- Work with Finance and Accounting to ensure valuation assumptions and conclusions are appropriately reflected in financial reporting.
- Support valuation-related financial statement disclosures and management reporting as required.

## Qualifications

Must have:

- Bachelor's degree in real estate, Finance, Accounting, Economics, Commerce or a related discipline.
- Approximately 5 to 8 years of progressively responsible commercial real estate valuation experience.
- Strong preference for an AACI designated member, or an advanced-stage AIC Candidate actively progressing toward AACI.
- Advanced hands-on ARGUS Enterprise and DCF experience; advanced Excel modelling; development land or development property valuation experience; detailed understanding of commercial leases, and recoveries.
- Working knowledge of IAS 40, IFRS 13 and market-participant fair value concepts.

Core Competencies:

- Strong independent valuation judgment and willingness to challenge unsupported assumptions.
- Ability to explain and defend valuation conclusions in clear, practical language.
- High attention to detail and disciplined documentation.
- Effective collaboration with Finance, Leasing, Development, Investments, external appraisers and auditors.

Total Rewards* and the Employee Experience At Allied, total rewards are designed with the same perspective that shapes our operations. They are intended to support sustained contribution, creativity and a genuine sense of ownership in the work we do. In practice, this includes: Shared financial success and an ownership mindset

## About Allied

## Company Overview
- **One-liner**: Allied Properties REIT is a leading owner-operator of distinctive urban workspace in Canada’s major cities, providing knowledge-based organizations with sustainable, human-centric office environments.
- **Entity Type**: Public (TSX: AP.UN)
- **Headquarters**: Toronto, Ontario, Canada
- **Founded**: 2003
- **Founders**: Not publicly disclosed

## Core Business
- **Primary industry**: Real Estate (Office REIT)
- **Target customers**: B2B – knowledge-based organizations (enterprise, SMB, professional services)
- **Mission or purpose statement**: “We provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity.”

## Products & Services
- **Adaptive Reuse Workspace**: Light industrial structures upgraded for office and retail uses, offering character and sustainability.
- **Purpose-Built Workspace**: Mid-rise to high-rise buildings constructed specifically for modern workplace needs.
- **Redevelopment Properties**: Buildings slated for future redevelopment within 5–10 years, currently offered with flexible lease terms.
- **Rental-Residential Suites**: Apartment units in Calgary and Toronto, contributing to mixed-use neighbourhood vitality.
- **Urban Amenities**: Fitness facilities, event spaces, and conference centres available to tenants and the community.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (publicly traded; market cap fluctuates)
- **Key Metric**: Annual Revenue of USD $409.5M (most recent reported)
- **Notable Investors/Partners**: Public unitholders; major tenants include a wide range of knowledge-sector firms across Montreal, Toronto, Vancouver, Calgary, and Kitchener.
- **Growth Signals**: 246 employees; active job postings up 150% quarter-over-quarter; recognized as a Mercer Best Employer in Canada; portfolio of 12M+ sq. ft. across five cities.

## Competitive Advantages
- Focus on distinctive, adaptively reused urban workspace that differentiates from standard office towers
- Strong commitment to ESG with transparent annual reporting and measurable impact goals
- Experienced management team with deep real estate and finance expertise (CEO Cecilia Williams, 20+ years)
- Diversified portfolio across Canada’s major urban markets, reducing geographic risk

## Strategic Focus
- Ongoing evolution of ESG program and performance
- Development of mixed-use, amenity-rich neighbourhoods beyond the workday
- Redevelopment of properties to modern, sustainable standards
- Enhancing tenant experience through technology and community-building

## Why Work Here
- Recognized as a Best Employer in Canada by Mercer, reflecting strong employee engagement and leadership focus.
- Culture emphasizes creative thinking, effective teamwork, and a dynamic environment that allows people to thrive and grow.
- Most roles are on-site in Toronto, Vancouver, Calgary, or Montreal; hybrid flexibility may vary by position.
- Notable perks: leadership development, training opportunities, and a commitment to internal career progression.
- Salary ranges for example roles: General Manager CAD 100K/yr, Analyst Asset Management CAD 67.5K/yr, Accounts Payable Administrator CAD 47.4K/yr.
- Technology roles exist (e.g., Senior Manager, Data Strategy & Transformation; Yardi Analyst), offering exposure to real estate tech.

## Sources
1. [Allied Properties REIT Official Site](https://alliedreit.com/)
2. [Allied Careers on Lever](https://jobs.lever.co/alliedreit)
3. [Allied Properties REIT LinkedIn](https://ca.linkedin.com/company/alliedreit)

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