Recently funded Industrial properties across Canada.
Industrial property in Ottawa, Ontario
Mortgage amount: $585,000
Property value: $900,000
Loan to value: 65%
Interest rate: 4.50%
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
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