Successful Placement – Tri-plex Rental
COL Mortgage Corporation is proud to have successfully arranged a $1,680,000 first mortgage to support the refinancing of a residential tri-plex rental property in Toronto, Ontario.
Through a tailored financing approach, we delivered an alternative bank solution that unlocked meaningful liquidity for the borrower while maintaining a competitive interest rate and extended amortization aligned with the property’s stable cash flow. This transaction highlights our ability to source efficient, asset-backed financing solutions that meet the evolving needs of residential rental owners in a challenging lending environment.