Semi-detached Duplex

Residential mortgage

Loan Priority

1st Mortgage

Loan Amount

$1,750,000

Loan to Value (LTV)

79%

Loan Purpose

A 1st Mortgage was provided for the purchase of a 2,085 SF, 2.5-storey, semi-detached duplex. The property is part of an assembly, which the borrower intends to sell to a developer for the construction of a condo building.

Location

Toronto, ON