Leveraging Commercial Value for Urgent Purchase

Industrial Unit Mortgage

Loan Priority

1st Mortgage

Loan Amount

$750,000

Loan to Value (LTV)

43%

Loan Purpose

The borrower required funding to purchase a residential property in another province to be closer to family. Taking equity out of existing industrial properties provided an ideal solution, allowing the purchase to proceed while the properties were in the process of being sold. The loan will be repaid once the sale proceeds are received.

Location

Bolton, ON