Two buildings, two zonings, one easy solution

Loan Priority

1st Mortgage

Loan Amount


Loan to Value (LTV)


Loan Purpose

Borrower required funds to pay off the existing mortgage. The property was enhanced with two structures: a 2-storey heritage residential home, as well as a 1-storey commercial building. Hillmount Capital was able to fund a 1st mortgage in order to refinance the existing mortgage and provide the borrower with time to obtain approval for the site development.


Scarborough, ON