Land Servicing Main Road

LandServicing

Loan Priority

1st Mortgage

Loan Amount

$4,000,000

Loan to Value (LTV)

45%

Loan Purpose

Funds required to service a draft-plan approved development for 28 estate lots with lake frontages, including the construction of a two-kilometer road. A subdivision agreement could not be registered until servicing work was completed.

Location

Parry Sound, ON