Commercial Mortgages Rates

Overview of current mortgage rates for different asset classes.

Office / Retail / Industrial

Conventional 3.00% to 5.00%
High risk 5.00% to 7.00%

Multi Family Residential

CMHC insured 2.00% to 3.00%
Conventional 3.00% to 5.00%

Construction

Conventional Prime + 1.50%
High risk Prime + 3.00%

Land

Conventional Prime + 2.0%
High risk Prime + 3.00%

Private Lenders

First mortgage 7.00% to 9.00%
Second mortgage 10.00% to 13.00%

Rates are subject to change without notice. As of March 5, 2021.

Call 647-870-7004 to go over any questions you might have.