Mortgage for Multi-Family Residential Property

Commercial mortgages are available for multi-family properties with 5+ units.

In certain cases it is possible to finance 5 to 8 unit multi-family properties with a residential mortgage. Click here for details.

CMHC insured mortgage

Getting an insured mortgage will provide lower interest rates. Here is an overview of the program.

  • Available for purchase, refinance, construction
  • Financing up to 85% of value as determined by CMHC (might not be your purchase price)
  • Borrower must have net worth of 25% of the loan amount, with a minimum of $100,000.
  • Fees 1.75% to 4.5% of mortgage amount, depending on loan to value
Call 647-870-7004 to go over any questions you might have.