Recently funded commercial properties in Ontario.
Office property in Kingston, Ontario
Mortgage amount: $1,920,000
Property value: $3,200,000
Loan to value: 60%
Interest rate: 4.25%
Mortgage type: Refinance
Mixed use property in Windsor, Ontario
Mortgage amount: $1,275,000
Property value: $1,500,000
Loan to value: 85%
Interest rate: 7.50%
Mortgage type: Refinance
Multi family property in Mississauga, Ontario
Mortgage amount: $1,575,000
Property value: $2,100,000
Loan to value: 75%
Interest rate: 3.20%
Mortgage type: Purchase
Notes: 6 unit residential property
Multi family property in Belleville, Ontario
Mortgage amount: $487,500
Property value: $750,000
Loan to value: 65%
Interest rate: 3.50%
Mortgage type: Purchase
Mixed use property in Peterborough, Ontario
Mortgage amount: $1,000,000
Property value: $1,350,000
Loan to value: 74%
Interest rate: 3.70%
Mortgage type: Purchase
Multi family property in Brampton, Ontario
Mortgage amount: $2,870,000
Property value: $4,100,000
Loan to value: 70%
Interest rate: 3.85%
Mortgage type: Refinance
Industrial property in Ottawa, Ontario
Mortgage amount: $585,000
Property value: $900,000
Loan to value: 65%
Interest rate: 4.50%
Mortgage type: Purchase
Multi family property in Niagara Falls, Ontario
Mortgage amount: $880,000
Property value: $1,175,000
Loan to value: 75%
Interest rate: 3.15%
Mortgage type: Purchase
Industrial property in Barrie, Ontario
Mortgage amount: $300,000
Property value: $1,600,000
Interest rate: 11.99%
Mortgage type: Second mortgage
Mixed use property in Toronto, Ontario
Mortgage amount: $1,800,000
Property value: $3,000,000
Loan to value: 60%
Interest rate: 3.82%
Mortgage type: Refinance
Mixed use property in Toronto, Ontario
Mortgage amount: $700,000
Property value: $1,670,000
Loan to value: 42%
Interest rate: 5.75%
Mortgage type: Refinance
Industrial property in Vaughan, Ontario
Mortgage amount: $390,000
Property value: $765,000
Loan to value: 51%
Interest rate: 8.99%
Mortgage type: Refinance
Industrial property in Markham, Ontario
Mortgage amount: $150,000
Property value: $750,000
Loan to value: 82%
Interest rate: 12.00%
Mortgage type: Second mortgage
Notes: Industrial condo unit